Crump Buys Workers’ Compensation Self-Insurance Firm SFA

May 16, 2011

Wholesaler broker Crump Insurance Services Inc. has acquired Self Funded Alternatives, an insurance intermediary specializing in self-insured workers’ compensation programs. SFA is based in Langhorne, Penn. and has associates in Las Vegas, Nev. and Woodland Hills, Calif.

Crump said that SFA’s business is complementary to its existing workers’ compensation capabilities including its Five Star Specialty Programs, a managing general agency that works with retail property/casualty agents and brokers.

Crump Insurance Services Inc. is a part of Crump Group Inc., the nation’s largest insurance wholesaler. It includes Crump wholesale brokerage locations across the U.S. and in Bermuda, along with Five Star Specialty Programs, Five Star Professional Programs, Target Insurance Services, and Hanleigh Insurance.

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