Crump Group Inc. said it has named John Jennings president ofits wholesale property-casualty insurance services division toreplace Glenn Hargrove, who left the firm to pursue otherinterests.
|The Roseland, N.J.-based company said Mr. Jennings was presidentof Tri-City Insurance Brokers, formerly part of BISYS, and was akey member of the senior leadership team of the recently mergedcommercial insurance operations of Crump.
|Prior to joining Tri-City in 1993, Mr. Jennings held variouspositions in the retail insurance industry.
|Mr. Jennings will report to John Howard, president and CEO ofCrump Group Inc.
|Crump was a Dallas-based p-c wholesaler with Mr. Hargrove as itschief executive officer until its private-equity owner, J.C.Flowers, acquired the wholesale business of BISYS in May. Thatacquisition remade Crump into the number-one wholesaler with 2,700employees and expanded the range of lines to life andretirement.
|Three months after the deal was completed, Mr. Howard, who waspresident of BISYS Life Insurance Services, was named president andCEO of Crump. Mr. Hargrove remained president and CEO of the p-cdivision.
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