Crump Group Inc. said it has named John Jennings president of its wholesale property-casualty insurance services division to replace Glenn Hargrove, who left the firm to pursue other interests.
The Roseland, N.J.-based company said Mr. Jennings was president of Tri-City Insurance Brokers, formerly part of BISYS, and was a key member of the senior leadership team of the recently merged commercial insurance operations of Crump.
Prior to joining Tri-City in 1993, Mr. Jennings held various positions in the retail insurance industry.
Mr. Jennings will report to John Howard, president and CEO of Crump Group Inc.
Crump was a Dallas-based p-c wholesaler with Mr. Hargrove as its chief executive officer until its private-equity owner, J.C. Flowers, acquired the wholesale business of BISYS in May. That acquisition remade Crump into the number-one wholesaler with 2,700 employees and expanded the range of lines to life and retirement.
Three months after the deal was completed, Mr. Howard, who was president of BISYS Life Insurance Services, was named president and CEO of Crump. Mr. Hargrove remained president and CEO of the p-c division.
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