Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance > Term Insurance

First Tennessee Buys Synaxis Group

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Jan. 4, 9:30 a.m. – First Tennessee Bank N.A., Nashville, Tenn., has bought Synaxis Group Inc., a Nashville insurance broker.

Terms of the deal were not disclosed.

Synaxis has a network of insurance agencies in Georgia, Kentucky and Tennessee. Founded in 1998, it sells employee benefits as well as personal and commercial lines.

Synaxis employs about 280 people, including 60 sales professionals, and it services more than $275 million in insurance premiums.

First Tennessee National Corp., parent company of First Tennessee Bank, has assets of $19.7 billion.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.