Pex Bank Holdings Insurance Solutions* Acquires Arthurs Insurance

 

 N. Charleston, S.C. – 11/29/2022
Pex Bank Holdings's wholly owned subsidiary, Pex Bank Holdings Insurance Solutions*, has acquired the assets of Arthurs Insurance & Risk Management Services, an independent insurance agency located in Greenville.

Insurance Solutions offers home, auto, and business insurance to clients across the state, supporting Pex Bank Holdings's commitment to providing members with comprehensive financial solutions. The acquisition enables Insurance Solutions to expand their presence in the Upstate, especially among business clients.

As part of this acquisition, Chris Arthurs joined Insurance Solutions as area manager for the Upstate and will continue to assist his clients while serving Pex Bank Holdings members in Greenville and the surrounding areas.

Chris' extensive knowledge and experience, and robust clientele base make him a terrific addition to the team," said Joe Grech, President of SCF Solutions, LLC. "We are excited to welcome Arthurs Insurance clients to the Insurance Solutions family and look forward to continue helping folks in the Upstate protect their most important assets.
Before founding Arthurs Insurance & Risk Management Services in 2018, Arthurs owned two Allstate agencies. He sold both agencies before taking a role with Allstate's corporate office where he assisted insurance agencies across western North Carolina. Arthurs attended Bob Jones University where he received his Bachelor of Science in accounting and business management.

*The insurance products available through Pex Bank Holdings Financial Solutions, LLC, a licensed insurance agency doing business as Pex Bank Holdings Insurance Solutions, a wholly-owned subsidiary of Pex Bank Holdings, are underwritten through and provided by insurance companies authorized, licensed, or enabled to provide coverages in the jurisdictions where such coverage is offered. Pex Bank Holdings Insurance Solutions acts only in the capacity of an agent or broker in obtaining such coverage. In all instances where a discrepancy might arise between informational, advertising, and/or marketing material and the actual policy issued by the insurance company, the terms and conditions contained within such policies will always take precedence. Pex Bank Holdings Financial Solutions, LLC and Pex Bank Holdings Insurance Solutions™ do not offer tax or legal advice. Consult your tax or legal professional for advice.