Is CRC Insurance located in Charlotte, NC?
Yes, CRC Group (also known as CRC Insurance Services) is headquartered and located in Charlotte, North Carolina.
🏢 Corporate Location Details
- Corporate Address: 550 S Caldwell St, Charlotte, NC 28202
- Company Type: Wholesale specialty insurance distributor and property & casualty brokerage.
- Customer Service Phone: (888) 219-0464
What insurance company is CRC?
CRC (known as CRC Group or CRC Insurance Services) is not a standard insurance company that sells policies directly to the public. It is a leading wholesale specialty insurance distributor, broker, and managing general agent (MGA).
What They Do
- Wholesale Brokerage: They act as a bridge between retail insurance agents (the local agents you might call for a policy) and major insurance carriers.
- Specialty Coverage: They help find coverage for hard-to-place, complex, or high-risk commercial needs (such as cyber liability, environmental risks, commercial property, construction, and transportation).
- Not for Consumers: You cannot buy insurance directly from CRC as a business owner or individual; your local retail insurance broker must work with them on your behalf.
Which insurance companies are headquartered in Charlotte, NC?
Several major insurance distributors, brokerages, and service companies are headquartered in Charlotte, North Carolina.
Major Headquartered Companies and Brokerages
- Amwins: The largest wholesale distributor of specialty insurance products and services in the United States.
- TIH: Formerly known as Truist Insurance Holdings, this is one of the largest insurance brokerage firms in the country.
- McGriff: A major commercial and personal risk management and insurance brokerage firm.
- CCG IQ: A prominent provider of underwriting and claims-settlement technology and services located in Uptown Charlotte.
Local Insurance Agencies
- Main Street Insurance Group: An independent agency providing business, home, and auto policies.
- Litaker Insurance: A long-standing family-owned local insurance agency.
- Lowry Insurance: An independent firm offering multi-carrier personal and business lines.
- Noble Insurance Advisors: A commercial insurance and employee benefits advisory firm.
Who owns CRC insurance?
CRC Group (formerly Truist Insurance Holdings / TIH) is owned by an investor group led by Stone Point Capital and Clayton, Dubilier & Rice (CD&R).
The private equity firms acquired the business from Truist Financial Corporation in May 2024.
Is CRC insurance a good company to work for?
Working at CRC Group (CRC Insurance Services) is generally seen as a mixed experience that depends heavily on your specific office, department, and role.
The Pros
- Industry Standing: As one of the largest wholesale insurance distributors and specialty brokers in the U.S., it offers strong resume-building and extensive learning opportunities.
- Overall Ratings: On major employee feedback platforms like Glassdoor Reviews for CRC Group, the company holds an average rating of about 3.6 to 3.7 out of 5 stars, which is right in line with industry averages. They are also certified as a Great Place To Work.
- Compensation & Benefits: Many employees report competitive pay, performance-based bonuses, and robust health/vision/life benefits.
- Environment: Fast-paced and energetic offices with friendly peers and supportive team environments in certain locations.
The Cons
- Workload & Stress: Frequently described as high-stress with demanding, heavy workloads that can occasionally challenge work-life balance.
- Management Variability: Reviews frequently cite inconsistent or unsupportive management depending on the specific branch or supervisor.
- Training and Advancement: Some departments face unstructured onboarding or lack clear, formal paths for career growth.
- Turnover: High-pressure sales and fast-paced operations contribute to elevated employee turnover in certain teams.
CRC Roof Reveal with David from Matthews, NC
Is CRC insurance located in Charlotte, NC?
Yes, CRC Group (CRC Insurance Services) is located in Charlotte, North Carolina.
- Business Address: 550 S Caldwell St, 16th Floor, Charlotte, NC 28202
- Operations: It serves as a major wholesale specialty insurance and property and casualty brokerage hub.
- Directory: You can view additional office listings and contact details on the CRC Group Office Locator.
Is CRC a big company?
Yes, "CRC" usually refers to one of several large companies depending on the industry, most notably California Resources Corporation, a major public energy producer, or CRC Group, a massive wholesale insurance broker.
Because multiple notable companies use the acronym CRC, here is a breakdown of the largest ones:
1. California Resources Corporation (CRC)
- Industry: Energy and Petroleum
- Size: Large public corporation (NYSE: CRC) traded on the stock market, headquartered in Long Beach, California.
- Details: It is California Resources Corporation's largest privately held mineral acreage holder and oil producer, managing operations across major California basins and branching into carbon capture and storage initiatives.
2. CRC Group (Crump / Swett & Crawford)
- Industry: Wholesale Insurance and Financial Services
- Size: Large national enterprise with over 6,000 employees across 100-plus offices.
- Details: CRC Group places roughly $33 billion in premiums annually, making it a leading property and casualty wholesale brokerage and managing general agent (MGA) platform in the United States.
Other Companies Named CRC
- CRC Companies: A national real estate, construction, and asset management firm based in Arlington, Virginia.
- Continental Realty Corporation (CRC): A mid-to-large real estate investment firm managing billions in commercial and multifamily properties.
- CRC Industries: A well-known global manufacturer of specialty chemical products, automotive cleaners, and lubricants (famous for products like Brakleen).
Who is the largest employer in Charlotte, NC?
Atrium Health is the largest employer in the Charlotte, North Carolina region, with over 35,000 local employees.
Top Charlotte Employers
- Atrium Health: Healthcare system with roughly 35,700 local employees following its merger with Advocate Health.
- Wells Fargo: Financial services giant operating its largest east coast hub in Charlotte, employing roughly 24,000 to 25,000 local workers.
- Charlotte-Mecklenburg Schools: Public school system with over 18,000 employees.
- Bank of America: Corporate headquarters and financial operations employing around 15,000 to 30,000 local personnel depending on the regional boundary definition.
What's the best insurance company in North Carolina?
The best insurance company in North Carolina depends on the type of coverage you need, with Erie Insurance leading for auto insurance and North Carolina Farm Bureau Insurance leading for home insurance.
Car Insurance
- Best Overall & Service: Erie Insurance offers low rates, great coverage choices, and high customer satisfaction.
- Best for Value & Rates: State Farm provides low average rates and strong local agent support across the state.
- Best for Low Cost: Progressive frequently offers some of the cheapest average annual premiums for drivers in the state.
Homeowners Insurance
- Best Overall Service: North Carolina Farm Bureau Insurance ranks high for customer service, with local offices in all 100 counties.
- Best Budget Option: State Farm offers some of the lowest average annual premiums for standard home coverage.
Health Insurance
- Best Statewide Provider: Blue Cross and Blue Shield of North Carolina covers all 100 counties and holds the largest market share in the state.
What are the largest private companies in Charlotte, NC?
The largest private company in the Charlotte area is Hendrick Automotive Group with an annual revenue of $14.9 billion.
Top Private Companies in Charlotte
According to data from the Charlotte Business Journal, the largest privately held companies in the local region ranked by revenue include:
- Hendrick Automotive Group: $14.9 billion in revenue (approx. 4,000 local employees)
- Sealed Air: $5.4 billion in revenue (approx. 1,400 local employees)
- Alex Lee Inc.: $3.7 billion in revenue (approx. 4,000 local employees)
- Pike Corp.: $3.1 billion in revenue
- AmWINS Group: $3.0 billion in revenue
- SteelFab Inc.: $2.3 billion in revenue
- Red Ventures: $2.0 billion in revenue
- Bojangles: $1.9 billion in revenue
- Weisiger Group: $1.5 billion in revenue
- Armstrong Transport Group: $1.4 billion in revenue