Crump Insurance Joins LexisNexis Insurance Exchange

Crump Insurance Services Inc. (Crump P&C) the property/casualty division of Crump Group Inc. has joined the LexisNexis Insurance Exchange.

The LexisNexis Insurance Exchange is a business and renewal submission placement platform created to ease the flow of application data between insurance carriers, agents and brokers. Crump will leverage the Insurance Exchange through 5Star Specialty Programs, an MGA offering property/casualty insurance underwriting expertise, and its nationwide workers’ compensation and commercial auto programs. Crump P&C says it elected to become part of the exchange in order to reach new or underserved markets and improve collaboration with distributors.

“We see the LexisNexis Insurance Exchange as an exciting new distribution channel through which we can better interact with our brokers and reach new retail agents,” said Dave Obenauer, President, Crump P&C. “We believe there are endless possibilities by taking advantage of the industry-wide collaborative platform the Insurance Exchange offers. Not only can we inform and interact more effectively with our distribution channel but we can better understand how we can match our product offerings with emerging market needs.”

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