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TIH

Private-equity owned independent insurance broker

Overview

TIH Insurance Holdings is an independent insurance brokerage that originated as the insurance arm of a bank (BB&T) and later became fully standalone after Truist Financial sold its stake to Stone Point Capital and CD&R. It provides insurance brokerage services to help clients manage risk and obtain coverage, and it operates with a focus on growth, technology, and talent outside banking regulatory constraints. TIH differentiates itself from competitors by its independence from banking controls, enabling it to pursue growth strategies with a board including industry leaders such as Dan Glaser, and by leveraging equity co-investor participation (over 1,500 employee investors) to align incentives and accelerate investment in people, technology, and geographic expansion. Its goal is to become a more agile, specialized insurance broker that can compete more aggressively in the evolving insurance market while investing in its platform and talent.”} {

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About TIH

Simplify's Rating
Why TIH is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

201-500

Company Stage

Acquired

Total Funding

$12B

Headquarters

Charlotte, NC

Founded

1922

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Simplify's take

What believers are saying

  • March 2025 AmeriLife bought Crump, validating TIH assets and generating cash for reinvestment.
  • September 2026 Monitor partnership expands specialist distribution and technology-enabled underwriting reach.
  • Independent ownership unlocks faster acquisitions, talent investment, and product development after May 2024.

What critics are saying

  • March 2025 rebrand to CRC Group signals erosion of the TIH identity employers knew.
  • TIH dropped out of MarshBerry's top 100 after selling McGriff and Crump.
  • Without retail distribution, CRC depends on brokers; another large divestiture would gut scale.

What makes TIH unique

  • October 2024 McGriff sale left TIH concentrated in wholesale brokerage and MGA.
  • TIH retains over 100 offices and 6,500 employees across specialty insurance businesses.
  • Stone Point and CD&R ownership with Dan Glaser brings elite insurance operating discipline.

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Funding

Total Funding

$12B

Above

Industry Average

Funded Over

1 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Flexible Spending Account
  • Health Savings Account

Company News

PR Newswire
May 7th, 2024
Truist Sells TIH to CD&R for $15.5B

Truist Financial Corporation has completed the sale of Truist Insurance Holdings to an investor group led by Stone Point Capital and Clayton, Dubilier & Rice (CD&R), with participation from Mubadala Investment Company. The all-cash deal values TIH at $15.5 billion. The transaction allows over 1,500 employees to co-invest in TIH. Dan Glaser is appointed Chairman of the new board, featuring top industry executives.

aiCIO
Apr 4th, 2024
Blue Owl Announces $750M Kuvare Acquisition in Latest Insurance Deal

Stone Point Capital and Mubadala acquired Truist Insurance Holdings last year in a $1.95 billion deal.

The Business Journals
Feb 20th, 2024
Truist to sell insurance unit valued at $15.5B to Stone Point Capital, other investors

The deal, which is expected to close during the second quarter of this year, is valued at $15.5 billion.

Coverager
Feb 20th, 2024
Truist To Sell Remaining Stake In Truist Insurance Holdings

Truist announced that it has reached a definitive agreement to sell its remaining stake in. Truist Insurance Holdings, <i class="fa fa-info-circle company-popover" data-content="h3Truist Insurance Holdings/h3. div

MarketScreener
Feb 20th, 2024
Truist announces agreement to sell remaining stake in Truist Insurance Holdings to investor group led by Stone Point Capital and Clayton, Dubilier & Rice, valuing Truist Insurance Holdings at $15.5 billion

TIH will also have additional resources to invest in cutting-edge technology and develop new products and services, offering even greater value to clients.

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