CINCINNATI, Oh. (Nov. 1, 2017) – Fifth Third Bancorp today announced it has closed on the acquisition of Epic Insurance Solutions Agency LLC, and Integrity HR.
“Adding the Epic Insurance and Integrity HR teams to Fifth Third is a meaningful step in strengthening our insurance capabilities for clients,” said Mike Michael, executive vice president and head of Wealth and Asset Management for Fifth Third. “This acquisition enables us to also enter into the employee benefits and human resources consulting business, where we see an opportunity to grow and bring tremendous value to our Business, Commercial, and Wealth and Asset Management clients throughout our footprint.”
Don Thompson along with the other principals of Epic Insurance Solutions, Jason Rankin and John Neace will continue to lead the insurance organization and Amy Letke will lead the HR Consulting practice for the combined firms. The firm’s employees and offices will remain in Kentucky and Indiana.
Epic Insurance Solutions was founded in 2013. Its primary service areas include commercial and personal property insurance, and casualty and employee benefits services. Integrity HR was founded in 2007. Its primary services include human resources outsourcing, recruiting, training, human resources policies and procedures, and other human resources-related services.
This announcement builds upon Fifth Third’s recent acquisitions of R.G. McGraw Insurance Agency and The Retirement Corporation of America. Fifth Third is making substantial investments in value-added products and services to help clients with their most pressing financial and risk management challenges. This focus supports the Company’s NorthStar strategy, a three-year plan designed to deliver strong, consistent returns through economic cycles.