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    Home » CRC Group Expands Casualty Brokerage Capabilities with Risk Transfer Partners Acquisition
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    CRC Group Expands Casualty Brokerage Capabilities with Risk Transfer Partners Acquisition

    insurancejournalnewsBy insurancejournalnewsMarch 20, 2025No Comments2 Mins Read
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    { “title”: “CRC Group Expands Casualty Brokerage Capabilities with Risk Transfer Partners Acquisition”, “description”: “CRC Group acquires Risk Transfer Partners to strengthen its presence in the construction, energy, environmental, and manufacturing sectors.”, “tags”: “CRC Group, Risk Transfer Partners, acquisition, casualty insurance, wholesale brokerage”, “rewritten_content”: “CRC Group is broadening its casualty brokerage services with the acquisition of Risk Transfer Partners (RTP), a Dallas-based wholesale brokerage specializing in casualty insurance. The move is set to enhance CRC’s market presence, particularly within the construction, energy, environmental, and manufacturing sectors.

    Founded in 2013, RTP has cultivated a national brokerage platform, demonstrating consistent organic growth. This development aligns with CRC’s operational strategy of delivering tailored insurance solutions. Neil Kessler, CEO of CRC’s Specialty + Benefits division, indicated that RTP’s expertise would boost CRC’s objectives.

    “Their deep expertise in casualty insurance and strong presence in key sectors like construction and energy will strengthen our ability to deliver exceptional value to our clients,” Kessler stated. “This acquisition underscores CRC’s commitment to expanding our market presence and providing the best solutions for our retail partners nationwide.”

    Dave Barrett, president of RTP, expressed enthusiasm about the merger, highlighting the advantages of accessing additional resources while maintaining their operating approach. He anticipates that this partnership will foster ongoing growth and innovation for RTP.

    This announcement marks CRC’s first acquisition of 2025. In late 2024, the company acquired SLB Insurance to strengthen its presence in the Southeast region.

    RTP will function under CRC’s Specialty division, with Barrett and his leadership team remaining in place and reporting to Brokerage president Brent Tredway. The financial advice for RTP was provided by Houlihan Lokey, while Troutman Pepper Locke LLP served as legal counsel. Kramer Levin Naftalis & Frankel LLP represented CRC Group.

    CRC Group reveals acquisition
    CRC Group reveals acquisition

    ” }

    acquisition casualty insurance CRC Group Risk Transfer Partners wholesale brokerage
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