Truist Insurance Continues Its Expansion with the Acquisition of Insurtech Wellington

CHARLOTTE, N.C.Dec. 7, 2020 /PRNewswire/ -- Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation, announced today that it will complete five insurance acquisitions this quarter, adding over $100 million of combined annual revenue to its wholesale division.

"Insurance is a key business for Truist, and one we will continue to grow," said Kelly S. King, Chairman and CEO of Truist Financial Corporation. "Delivering insurance solutions to our clients is a core strategy – helping us deepen relationships, diversify our revenue stream, and build better lives and communities."