Sunstar Insurance Group LLC, headquartered in Memphis, Tennessee, has purchased the Property & Casualty accounts and assets from the insurance affiliates of Simmons Bank. The acquisition will give Sunstar – a regional agency currently operating in Tennessee, Missouri, Kansas, and Helena, Arkansas – a major new area of operations across all of Arkansas. Andrew “A.B.” Meadors, an Arkansas insurance executive with three decades of experience, will head up the Sunstar operations as CEO of Arkansas and Tennessee.
Founded in 2012, Sunstar Insurance has rapidly grown to become the 73rd largest property and casualty insurance agency in the U.S. as ranked by the industry trade magazine, Insurance Journal. “I am very excited about the closing of this acquisition, as it significantly expands our market presence in Arkansas and Tennessee,” said Sunstar founder David “Casey” Bowlin. “Further, it brings the addition of Andrew Meadors to our senior executive leadership team. The Meadors name has meant great things in Arkansas insurance for generations. We couldn’t be more proud to have him on board with us.”
“Sunstar has been doing some impressive things, quickly becoming a regional powerhouse to be reckoned with. I’m looking forward to being both a player and coach on this team,” said Andrew Meadors, a certified risk manager, who sold his ownership of Meadors Adams & Lee in 2016. “Everybody loves a good comeback story, and it’s great to be back in the insurance industry.” Marliese Kerr remains in the role of Chief Administration Officer for Arkansas and Henry Jordan is President of Sunstar – First Delta Insurance in Helena.
This acquisition allows Sunstar to now work hand in hand with key Simmons Bank personnel. “We are always looking for opportunities to enhance the product and service offerings we can provide our clients,” said Philip Tappan, Simmons Bank executive vice president for financial services. “Sunstar Insurance Group is known for its integrity, trust and commitment to building long-term client relationships, and I am confident they will continue to meet the property and casualty insurance needs of current and future customers.”
Sunstar has over $150 million in premiums placed on behalf of clients, representing all the major national insurance companies, and most of the regionally focused carriers as well— covering commercial lines, personal lines, employee benefits and surety bonds.
For more information, Andrew “A.B.” Meadors may now be reached in the following ways. His new office number is 501-225-3454. His cell number is 501-690-1818. And his new e-mail address is email@example.com.
About Sunstar Insurance Group LLC
Sunstar Insurance Group was founded in 2012, in Memphis, Tennessee, by David L. “Casey” Bowlin, who serves as its Chairman and CEO. With offices in Arkansas, Tennessee, Missouri, and Kansas, the firm is owned by key employees and a group of outside private investors. It is managed by an Executive Committee composed of senior executives from our acquired agencies and governed by a Board of Directors. Our vision is to be recognized as the premier regional insurance agency in our market area by providing exceptional service, professional expertise, trusted advice and competitively priced insurance products to our clients. Sunstar is the 73rd largest property and casualty insurance agency in the U.S. as ranked by the industry trade magazine, Insurance Journal. For more information, visit http://www.sunstarinsurancegroup.com.
About Simmons Bank
Simmons Bank is an Arkansas state-chartered bank that began as a community bank in 1903. Through the decades, Simmons has developed a full suite of financial products and services designed to meet the needs of individual consumers and business customers alike. Simmons has grown steadily to approximately $9.1 billion in assets with 150 branch locations throughout Arkansas, Kansas, Missouri and Tennessee. Simmons is the subsidiary bank for Simmons First National Corporation (NASDAQ: SFNC), a publicly traded bank holding company headquartered in Pine Bluff, Arkansas. For more information, visit http://www.simmonsbank.com/.