Truist Insurance Holdings to acquire Kensington Vanguard National Land Services

February 10, 2022

Truist Insurance Holdings Inc. recently signed a definitive agreement to acquire Kensington Vanguard National Land Services.

The transaction significantly expands Truist Insurance Holdings’ presence in the title insurance market. Truist’s existing title operation, BridgeTrust Title, will be integrated into the Kensington Vanguard platform. Truist Insurance Holdings is a subsidiary of Truist Financial Corp. and the sixth-largest insurance brokerage in the U.S.

“Kensington Vanguard has grown considerably over the past 15 years through a successful strategy built around geographic expansion, talent recruitment, and acquisitions,” said John Howard, chairman and chief executive officer of Truist Insurance Holdings. “Its industry-leading expertise in both the commercial and residential title sectors will enable us to offer title and real estate services across the full market spectrum. The combined business will be one of the largest full-service real estate service agencies in the U.S.”

The transaction is expected to close later in the first quarter. The terms of the sale were not disclosed.

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