Sunstar Insurance Group was founded in July, 2012 by David L. "Casey" Bowlin who raised the founders round of equity capital and serves as
its Chairman and CEO. The firm is owned by key employees and Brown Brothers Harriman Capital Partners. It is managed by an Executive
Committee composed of senior executives from our acquired agencies and governed by a Board of Directors.
On September 1, 2012, the company’s first acquisition was Chapman-Sander Insurance agency in St. Louis, Missouri which was founded in 1934. This agency is known for its focus on the construction industry and for its long standing representation of the Cincinnati Insurance Company.
On December 1, 2012, the acquisition of the First Delta Insurance Agency in West Helena, Arkansas was closed. This agency was founded in 1961 and is known for its expertise in the agriculture industry. Its diverse client base is spread across the Arkansas Delta from Memphis to Little Rock.
In February of 2013, a production and service team left the Pitts Boyd agency in Memphis, Tennessee in order to start the Sunstar Insurance Agency of Memphis. Their client base is built around the medical industry, and this team specializes in serving large corporate accounts.
On November 13, 2013, the Bovard Insurance Group in Kansas City, Missouri was purchased. This agency was started in 2007 and is known for serving the home building industry, automobile dealers and other prominent Kansas City businesses.
On May 1, 2014, the acquisition was closed for Lakenan Insurance agency of Ste. Genevieve, Missouri, a suburb of metropolitan St. Louis. The firm has been in business since 1938 and is the largest insurance broker in that region. Their industry expertise is centered around restaurants, electrical utilities and contractors.
On July 1, 2015, Sunstar announced the closing of a new round of equity capital in the amount of $26 million. Investors in this round included employees, current shareholders and a new institutional investor, LNC Capital, which is a prominent, Washington D.C. based private equity firm. Simultaneously with this closing, Sunstar also closed on the acquisition of the W.E. Walker-Lakenan agency in Cape Girardeau, Missouri. This 100 year old firm has a long history and outstanding reputation within the business community of that area.
On November 1, 2015, Sunstar announced the closing of the acquisition of Sims Insurance Services, Inc, of Wichita, Kansas. This firm had established a unique market niche focused on assisted living and nursing home facilities throughout the Midwest.
On March 1, 2016, Hogan Insurance Group of St. Louis, Missouri, was acquired. This agency has a strong client presence with religious institutions in Missouri and Illinois, and a deep relationship with its 18 insurance companies. This acquisition was a significant addition to our market share in the metropolitan St Louis area.
On September 1, 2016, PJC Insurance of Springfield, Missouri was acquired. This firm is one of the largest independent insurance agencies in Missouri and offers products and services to clients throughout the Midwest with a focus on the transportation industry.
On July 1, 2017, Sunstar purchased certain assets of the Warren Group in St. Louis, Missouri, which added to our strong market presence in that city. This transaction brought additional expertise in the construction and marina industries, as well as to our personal lines business.
On September 1, 2017, Sunstar successfully completed a new senior credit facility with CIBC Bank in Chicago, Illinois. Sunstar then acquired the property and casualty agencies formerly owned by Simmons Bank. With this move, Sunstar acquired new offices in the Little Rock, Arkansas, Jackson and Nashville, Tennessee markets and added 52 new employees.
On January 1, 2018, Sunstar acquired the agency owned by Stephens Capital in Jonesboro, Arkansas. Prior to the Stephens ownership, this agency was known as the Town and Country Agency and has operated in the Northeast Arkansas area for 56 years. This acquisition enhanced our market presence in the important footprint state of Arkansas.
On February 1, 2018, Sunstar acquired the Matson Insurance Agency, in Little Rock, Arkansas, specializing in employee benefits, which became a division of Sunstar Insurance of Arkansas in our Little Rock, Arkansas, office.
On July 1, 2018, the Strong's Insurance agency in Wichita, Kansas was acquired. This 100 year old firm has a long history with a significant market share in the Wichita area. The agency has market specialties built around the agriculture and energy industries. This acquisition tripled our market share in Wichita and was combined with our existing agency, SIMS Insurance.
On October 1, 2018. The Insurancenter in Joplin, Missouri, was acquired. The 125 year old firm is the largest agency in that market with an outstanding reputation as a corporate citizen and respected member of the business community. This firm writes a national insurance program for car wash owners in addition to being a full service provider of commercial, personal and employee benefits coverages.
On May 1, 2019, Sunstar acquired the Todd Agency in Little Rock, Arkansas, specializing in employee benefits which became a division of Sunstar of Arkansas in our Little Rock Arkansas office.
On August 1, 2019, Sunstar acquired The Meyer Group in St. Louis, Missouri, specializing in employee benefits which became a division of Chapman & Hogan Insurance in our St. Louis office.
On September 1, 2019, Sunstar acquired DL Insurance of St. Louis, Missouri which will fold into the Lakenan agency.
On December 1, 2019, Sunstar acquired the Swinford Agency in Jackson, Missouri specializing in employee benefits which will become a division of the Chapman & Hogan Insurance.
On January 1, 2020, Sunstar acquired the Lakenan of Perryville Agency, Perryville, Missouri, which will fold into the Lakenan agency.
On June 1, 2020, Sunstar acquired the Farris Insurance agency in Springdale, Arkansas. This firm is the largest agency in the fast growing market of northwest Arkansas and has a renowned reputation in the community.
On July 1, 2020, Sunstar completed the recapitalization of its balance sheet with Brown Brothers Harriman Capital Partners which is based in New York City and a world renowned financial services firm.
On August 1, 2020, Sunstar acquired the Sanders Agency located in Pratt, Kansas which will become a division of Strong’s Insurance.
On January 1, 2021, Sunstar acquired the Insurance Group (TIG Advisors) in Columbia, Missouri. This firm is the largest agency in the Central Missouri market with a 125 year operating history in that area.
On April 1, 2021, Sunstar acquired the Petra RMS agency in Birmingham, Alabama. This firm is the fifth largest agency in that state with a renown reputation for client service and community involvement.