Crestfield Threat launches to empower impartial insurance coverage businesses

Crestfield Threat, a brand new partnership platform geared toward uniting and supporting main impartial insurance coverage businesses throughout the US, has entered the market.

Spearheaded by trade veteran Jeff Turner, the platform is designed to offer businesses with top-tier sources, insights, and development alternatives to boost shopper providers and guarantee long-term prosperity. The enterprise is backed by The Vistria Group, a personal funding agency that balances goal with revenue.

Crestfield Threat employs a co-ownership mannequin that aligns company companions by way of fairness stakes at each the company and holding firm ranges. The mannequin permits Crestfield Threat to work intently with company leaders, serving to them keep their distinctive strengths whereas offering the mandatory sources to ship distinctive service and obtain vital influence on a bigger scale.

Mike Castleforte, senior accomplice and co-head of economic providers at The Vistria Group, commented: “Crestfield Threat stands out due to its deep deal with enabling long-term company prosperity. We’re excited to accomplice with Jeff and help Crestfield Threat’s trailblazing platform that strengthens businesses’ talents to ship for his or her shoppers and communities.”

Turner, whose profession started as an impartial insurance coverage agent in Texas, beforehand served as CEO of Keystone Company Companions. His credentials additionally embody a number of management roles at WTW.

“We’re thrilled to accomplice with Crestfield Threat and ship best-in-class sources to company leaders,” The Vistria Group senior accomplice and co-head of economic providers Boris Rapoport added.

“At The Vistria Group, we delight ourselves on having deep trade information within the sectors the place we make investments. Jeff’s intensive expertise and powerful repute within the trade make him a really perfect accomplice for us and for main impartial insurance coverage businesses.”

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