Sunstar Insurance Group adds RJR Faribo Insurance Agency

Sunstar Insurance Group has acquired RJR Faribo Insurance Agency, a commercial and personal insurance provider serving businesses and individuals throughout Minnesota. The acquisition marks Sunstar's entry into the Minnesota market and extends its Midwest presence.

Backed by Reverence Capital Partners, Sunstar operates across nine states and places more than $2 billion in premiums annually, while continuing to invest in organic growth and acquisitions. The firm appointed Adam Meyerowitz as CEO in April and said the deal gives RJR Faribo access to broader capabilities and additional carrier relationships.