BATON ROUGE, La., Oct. 8,
2020 /PRNewswire/ -- BXS Insurance, Inc., a subsidiary of
BancorpSouth Bank (NYSE: BXS), has acquired the assets of Alexander
& Sanders Insurance Agency, Inc.
Alexander & Sanders, headquartered in Baton Rouge, Louisiana, provides risk
management and insurance services to professional firms across
Louisiana. It was founded in 1958
and is owned by Wyatt Sanders and
Justin Sanders. Alexander &
Sanders will operate from BXS Insurance's Baton Rouge, Louisiana office.
"This transaction allows us to add talented leaders and
teammates to our team and provides a unique opportunity to enhance
our construction practice within Louisiana and across BXS Insurance's
footprint," said Markham McKnight,
president and CEO of BXS Insurance. "We're excited to blend
Alexander & Sanders' expertise with ours to provide exceptional
services for our clients."
Wyatt Sanders stated, "We're
proud to have served Louisiana
professionals for more than 60 years, and we're pleased that we've
found the right partner to continue our legacy for the years to
come. This will be a great opportunity for our customers and our
team."
Justin Sanders added, "We're
looking forward to joining forces with BXS Insurance and leveraging
its expansive resources to provide our customers with expanded
insurance and risk management solutions."
About BXS Insurance, Inc.
BXS Insurance, Inc. is a
subsidiary of publicly-traded financial services company
BancorpSouth Bank (NYSE: BXS) and is licensed in all 50 states. For
more than 130 years, this large, nationally recognized firm has
strategically grown to 31 offices across eight states. It operates
globally as a member of the Worldwide Brokers Network, the fourth
largest insurance network in the world. From small companies to
organizations with more than 10,000 employees, BXS Insurance
delivers the highest standard in brokerage services. It has become
an industry leader in commercial insurance, surety, employee
benefits and private client brokerage services by investing in
technology and human capital to expand service offerings and create
a competitive advantage for clients. For more information, visit
www.bancorpsouth.com/Insurance.
About BancorpSouth Bank
BancorpSouth Bank (NYSE: BXS) is headquartered in Tupelo, Mississippi, with approximately
$23 billion in assets.
BancorpSouth operates approximately 310 full-service branch
locations as well as additional mortgage, insurance, and loan
production offices in Alabama,
Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including an insurance location in
Illinois. BancorpSouth is committed to a culture of respect,
diversity, and inclusion in both its workplace and communities. To
learn more, visit our Community Commitment page at
www.bancorpsouth.com; "Like" us on Facebook; follow us on
Twitter@MyBXS; or connect with us through LinkedIn.
About Alexander & Sanders Agency, Inc.
Alexander
& Sanders is an independent insurance agency focused on the
insurance needs of Louisiana Professionals - Design Professionals
(Architects, Engineers, Environmental Consultants, Surveyors) CPA
Firms, and Law Firms. It was founded in 1958 and has specialized in
Professional Liability insurance since 1975.
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SOURCE BancorpSouth Bank