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View More Press Releases by McGriff Insurance Services

Press Release

McGriff Insurance Services SHDR Division Rebrands as 'McGriff Employee Benefit Solutions'

Issued by McGriff Insurance Services

Apr. 29, 2019

RALEIGH, N.C., April 29, 2019 - McGriff Insurance Services today announced a rebranding for its single-source benefits provider, Stanley, Hunt, DuPree & Rhine (SHDR).

SHDR offers employee benefit consulting and underwriting, healthcare and retirement actuarial services, flexible benefits, and COBRA services to businesses of all sizes. It will rebrand as "McGriff Employee Benefit Solutions, a division of McGriff Insurance Services."

The rebranding comes on the heels of a name change for the former BB&T Insurance Services last June to McGriff Insurance Services. With long-standing recognition in the insurance industry, the McGriff name originates from affiliate McGriff, Seibels & Williams.

"This is a name that goes back to 1886, and we're excited to incorporate the brand equity and recognition associated with this industry leader across our benefits consulting platform," said Rick Ulmer, president and chief executive officer of the Retail Insurance Division for McGriff Insurance Services parent BB&T Insurance Holdings.

Founded in 1932, SHDR was established following the merger of regional employee benefit consulting firms W.E. Stanley & Company of Greensboro, N.C., and Hunt, DuPree, Rhine & Associates of Greenville, S.C. BB&T acquired the company in 1998.

SHDR serves a variety of industries, including health care, law, engineering, manufacturing, food production, government, transportation, financial services and technology.

About McGriff Insurance Services
McGriff Insurance Services is a subsidiary of BB&T Insurance Holdings, the fifth largest insurance broker in the United States and the world. Founded in 1922, McGriff partners with the best insurance companies in the world to provide highly consultative risk management services and nearly all types of coverage, including personal, small business, corporate bonding and surety services, cyber, management liability, employee benefits, and life and health. McGriff operate more than 130 agencies in Alabama, Arkansas, California, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and West Virginia.

About BB&T Insurance Holdings
BB&T Insurance Holdings operates more than 200 offices through subsidiaries McGriff Insurance Services; McGriff, Seibels & Williams; CRC Insurance Services; Crump Life Insurance Services; and AmRisc, LLC. It is a wholly owned subsidiary of BB&T Corporation, one of the largest financial services holding companies in the U.S.

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