not to be confused with basal body temperature . bb & t insurance services inc. industry insurance area served north carolina south carolina virginia maryland west virginia kentucky tennessee georgia florida alabama california key people john howard chairman and ceo revenue us 1.58 billion 2013 website insurance.bbt.com bb & t insurance services inc. is a subsidiary of bb & t insurance holdings inc. a bb & t corporation branch banking & trust company . it is the fifth largest insurance broker by revenue in the united states and sixth largest in world . in 2013 bb & t insurance service s revenues were 1 582 443 400 . 1 bb & t insurance services is headquartered in raleigh north carolina and operates over 100 offices in north carolina south carolina virginia maryland west virginia kentucky tennessee alabama georgia florida and california . it is the largest independent insurance agency in virginia and the carolinas . bb & t insurance services represents most major carriers in the united states and offers a broad range of commercial and personal insurance products . 2 on january 1 2016 wade reece retired as chairman & ceo and was succeeded by john howard . 3 contents 1 insurewithbbt.com 2 flood insurance 3 greenwich associates 4 mergers and acquisitions 5 lexisnexis insurance exchange 6 bb & t corporation 7 references 8 external links insurewithbbt.com edit in july 2010 bb & t insurance services launched insurewithbbt.com which enables consumers to shop for personal auto insurance coverage compare quotes and purchase insurance online . they are one of a few companies that offer a real time comparative auto insurance quoting platform in the united states . 4 four carrier partners have teamed up with insurewithbbt.com ; progressive safeco the hartford and travelers . 5 currently consumers can purchase auto insurance in 11 states including alabama florida georgia kentucky maryland north carolina south carolina tennessee texas virginia and west virginia as well as washington dc . 6 flood insurance edit on june 27 2012 bb & t insurance services announced that they became the first independent insurance agency in the united states to sell flood insurance online by partnering with the hartford and national flood services stoneriver . 7 greenwich associates edit in july 2010 greenwich associates honored bb & t insurance services with three top awards in customer satisfaction . greenwich associates rated bb & t insurance services as excellent in three separate studies conducted greenwich 2010 excellence awards for customer satisfaction national ; greenwich 2010 excellence award for customer satisfaction in the southern region ; and greenwich 2010 large corporate insurance study . the three awards were earned collectively by bb & t insurance ; mcgriff seibels & williams inc. ; and bb & t insurance services of california inc. 8 in the 2012 greenwich large corporate insurance study bb & t insurance services scored higher than the five largest insurance brokers with sales greater than 500mm . greenwich associates 2012 mergers and acquisitions edit bb & t insurance services has been relatively active in the past few years in acquiring smaller regional insurance agencies . in the past several years those acquisitions include april 2014 bb & t insurance subsidiary mcgriff seibels & williams acquires caledonian insurance group . 9 march 2014 bb & t insurance services acquires woodbury & co. 10 april 2012 bb & t acquires parts of crump group inc. which makes bb & t insurance services the largest independent wholesale distributor of life insurance and one of the largest providers of wholesale commercial insurance brokerage and specialty programs in the u.s. 11 november 2011 bb & t insurance services buys san ramon s precept employee benefits consulting firm . 12 september 2011 bb & t acquires liberty benefit in california . 13 september 2011 bb & t insurance services acquires atlantic risk management corp of columbia md. 14 november 2009 bb & t acquired oswald trippe and company inc. of fort myers fl . 15 december 2008 bb & t insurance services acquired j. rolfe davis insurance of maitland florida . 16 july 2008 bb & t insurance services acquired puckett scheetz & hogan of myrtle beach sc and pawleys island sc . 17 april 2008 bb & t insurance services moved to the west coast with the acquisition of unionbanc insurance services inc. headquartered in san diego ca. 18 february 2008 bb & t insurance services acquired burkey risk services of metro orlando . 19 lexisnexis insurance exchange edit bb & t insurance services is one of sixteen insurance brokers who teamed up with lexisnexis to join the now defunct lexisnexis insurance exchange . the exchange was designed to enhance the flow of data between insurance carriers insurance brokers and insurance agents . it was designed to enhance efficiency and reduce errors and redundancy in placing insurance . 20 bb & t corporation edit bb & t corporation branch banking & trust the parent company of bb & t insurance holdings inc. is an american bank with assets of 184.7 billion march 2014 offering full service commercial and retail banking services along with other financial services like insurance investments retail brokerage mortgage corporate finance consumer finance payment services international banking leasing and trust . based in winston salem north carolina bb & t operates more than 1 850 financial centers in the united states of north carolina south carolina virginia maryland west virginia kentucky tennessee georgia florida alabama indiana texas and in washington d.c. . it is also notable for certain ideological stances taken by its management and for its financial support of academic programs concerning libertarianism and the moral foundations of capitalism . 21 in june 2009 its chairman john a. allison iv delivered a keynote address to a meeting of the center right competitive enterprise institute where he said government regulation caused the 2007 2009 financial collapse . 22 the bank had recently accepted 3.1 billion in bailout money through the u.s. treasury s troubled asset relief program . 23 earlier in 2006 bb & t said it would not lend money for commercial projects on property acquired through eminent domain . this was a reaction to the united states supreme court s decision in kelo v. new london in 2005 that such transfers are permissible . references edit 6 world s 10 largest insurance brokers . business insurance . 2014 07 21 . 1 archived september 14 2010 at the wayback machine . 2 burger katherine 2010 08 05 . bb & t insurance services launches insurewithbbt.com to enable online auto insurance purchases insurance & technology . insurancetech.com . archived from the original on 13 july 2011 . retrieved 2011 06 08 . insurance news bb & t insurance makes run at online quoting channel . insurancenewsnet.com . archived from the original on 22 july 2011 . retrieved 2011 06 08 . about insurance services at bb & t . insurewithbbt.com . archived from the original on 14 may 2011 . retrieved 2011 06 08 . bbt adds flood insurance to its online offerings . market watch the wall street journal . 2012 06 27 . retrieved 2014 02 25 . bb & t news releases . bbt.mediaroom.com . 2010 07 28 . archived from the original on 14 july 2011 . retrieved 2011 06 08 . bb & t insurance news center . http insurance.bbt.com . 2014 04 02 . external link in publisher help bb & t insurance news center . http insurance.bbt.com . 2014 03 27 . external link in publisher help marketwatch.com . marketwatch.com . 2012 04 02 . retrieved 2013 12 16 . rauber chris 2011 11 03 . bb & t insurance services buys san ramon s precept employee benefits consulting firm . bizjournals.com . retrieved 2014 02 25 . bb & t to acquire liberty benefit in california . insurancejournal.com . 2011 09 22 . retrieved 2013 12 16 . bb & t insurance services to acquire atlantic risk management raleigh n.c. sept. 27 2011 prnewswire . prnewswire.com . retrieved 2013 12 16 . bb & t insurance acquires florida s oswald trippe agency . insurancejournal.com . 2009 11 03 . retrieved 2011 06 08 . bb & t insurance services to acquire southwest florida agency raleigh n.c. nov. 2 prnewswire . north carolina prnewswire.com . retrieved 2011 06 08 . bb & t insurance unit to acquire myrtle beach s.c. agency . istockanalyst.com . 2008 07 30 . retrieved 2011 06 08 . bb & t insurance services to acquire union bank of california brokerage . insurancejournal.com . 2008 04 24 . retrieved 2011 06 08 . bb & t insurance acquires maitland firm . bizjournals.com . 2008 02 29 . retrieved 2014 02 25 . insurance exchange adds brokerages . business insurance . 2010 09 26 . retrieved 2013 12 16 . ayn rand studies on campus courtesy of bb & t npr news by clark davis lydia depillis 2009 06 12 . how one think tank adapted when the debate moved on from its favorite issue . by lydia depillis slate magazine . slate.com . retrieved 2009 12 07 . bb & t news releases . bbt.mediaroom.com . 2009 06 09 . retrieved 2009 12 07 . external links edit bb & t insurance services company website insurewithbbt.com www.bbt.com retrieved from https en.wikipedia.org w index.php title bb % 26t insurance services & oldid 739228457 categories companies based in raleigh north carolinainsurance companies of the united stateshidden categories articles with wayback machine linkscs1 errors external linksarticles created via the article wizard navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this 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