Real Estate Central

Leader in specialty underwriting is now a division of Crump Insurance
Services, Inc.

MELBOURNE, Fla., July 1 /PRNewswire/ — BISYS Specialty Programs, a
division of BISYS Commercial Insurance Services, today announced that the
company has changed its name to Five Star Specialty Programs, a division of
Crump Insurance Services, Inc. This change is part of the consolidation of
its operations with Crump Insurance Services, announced last August. Crump
Insurance Services is part of Crump Group, the nation’s largest insurance
wholesaler.

The new name and logo were unveiled to employees last week and are
being shared with customers this week.

“We have a new name, but we’re still the same company that has built a
strong reputation over the past 22 years based on our underwriting
expertise, carrier relationships and high quality solutions for retail
agents,” said David Tooley, president of Five Star Specialty Programs.
“This organization is well known for specializing in transportation,
workers’ compensation and professional liability business. Now that we’re
backed by the combined resources of the Crump and BISYS Commercial
operations, we have even more opportunities to pursue new business segments
and provide enhanced solutions to our retail partners.”

The Five Star name was chosen because of the company’s commitment to
providing top-notch “five star service” to clients, and due to the legacy
within the organization as the original name of its professional liability
programs, Five Star Managers. The re-branding campaign includes advertising
and a new website, http://www.5StarSP.com .

About Crump Insurance Services and Five Star Specialty Programs

Crump Insurance Services, Inc. is part of Crump Group, the nation’s
largest insurance wholesaler. As the commercial insurance division of Crump
Group, it is made up of legacy Crump wholesale brokerage locations across
the U.S. and in Bermuda, and the former BISYS Commercial Insurance Services
operations including Tri-City Brokerage and 5Star Specialty Programs
(formerly known as BISYS Specialty Programs). Crump Insurance Services is a
market leading independent wholesale distributor of commercial property and
casualty (P&C) insurance, linking an extensive network of retail brokers
and agents to products provided by over 150 leading P&C insurance carriers.
Crump offers specialty underwriting capabilities and supports the wholesale
placement of a wide range of specialized commercial insurance solutions,
including customized coverage for complex P&C risks, commercial and
habitational real estate risks, products liability, high-limit property,
catastrophe, and professional and medical liability. Crump’s experienced
wholesale brokers serve as a single connection point for its retail brokers
to access domestic and international insurance companies. Crump offers
customized insurance products as well as sophisticated system capabilities.
Acting as a program administrator for numerous P&C carriers, 5Star
Specialty Programs develops and provides specialty underwriting for
commercial insurance programs - including transportation related risks,
workers’ compensation solutions, professional liability, and more -
matching insurance needs and market opportunities with the appropriate
coverage. Additional information is available at http://www.CRUMPins.com and
http://www.5StarSP.com .

About Crump Group, Inc.

Crump Group, Inc. (http://www.Crump.com) is the largest wholesale insurance
distributor in the United States, and one of the leading U. S. providers of
recordkeeping and support services to company-sponsored retirement plans.
Crump Insurance Services (http://www.crumpins.com; http://www.bisyspc.com) is among the
largest U. S. providers of wholesale brokerage and specialty programs to
the commercial property and casualty insurance industry. Life Insurance
Services (http://www.bisysinsurance.com) is the largest wholesale distributor of
services that support the sale of life related insurance and annuity
products. Retirement Services (http://www.bisysretirement.com) is the largest
independent administrator for company-sponsored retirement plans, offering
every component of retirement plan infrastructure.

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[Via Real Estate Newswire]