Renasant sells insurance unit to Sunstar Insurance Group effective July 1, 2024

RENASANT CORP

Sold assets of Renasant Insurance to Sunstar Insurance Group; effective July 1, 2024.
Sunstar is the 33rd largest independent agency with $1.2B premiums placed and 700+ employees.
All Renasant Insurance leadership and employees join Sunstar; all locations remain open.
Renasant maintains strategic relationship with Sunstar to offer insurance to banking customers.
No financial terms disclosed. Piper Sandler and Phelps Dunbar advised Renasant.

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