Regions Insurance establishes captive practice

Regions Insurance, an affiliate of Regions Bank, has established a captive practice group in Athens, Georgia.

The office was established as a team of five principals, with 29 associates joining Regions Insurance from the former A.I. Insurance Group in Athens. The team will provide captive insurance capabilities to clients throughout the markets Regions Insurance serves.

The office will also provide property casualty insurance brokerage services with a focus on companies located in Georgia and throughout the region.

Lewis Scruggs, previously senior partner for A.I. Insurance, leads the captive practice group with the office reporting to Mike Breedlove, head of Regions Insurance for Georgia and South Carolina.

“We are excited to expand the capabilities and geographic presence of Regions Insurance with the addition of an experienced team from the former A.I. Insurance,” said Curren Coco, president and chief executive officer of Regions Insurance Group. “By establishing a captive practice group at Regions Insurance, we are now able to offer clients additional tools to help them manage risk in an efficient and affordable manner. This outstanding team has a great depth of experience in both the captive and property casualty sectors and is uniquely positioned to meet the diverse and changing insurance needs of companies large and small.”