For Immediate Release:
For More Information Contact:
Samuel Swoyer Vice President of Operations
firstname.lastname@example.org (301) 229-2481
(February 1, 2021) – Federal Employee Defense Services/FEDS Protection is excited to announce its acquisition by CRC Group, a leading national wholesale distributor of specialty insurance products. This timely partnership will enable FEDS to expand coverage options for public employees and contractors.
"As our reputation in the federal community grows, so have the requests for more coverage and programs” said Tony Vergnetti, President of FEDS. "Joining CRC Group strengthens our ability to protect government employees and give them the peace of mind necessary to do their jobs effectively.”
Founded in 2007 by Tony Vergnetti, FEDS Protection quickly became the leading provider of professional liability insurance (PLI) for federal employees. In addition to federal employees, FEDS offers PLI for federal task force officers, military police officers, court security officers, federal flight deck officers, and various state and local employee groups. FEDS also serves the needs of small and start-up federal contractors with offerings of PLI and Defense Base Act insurance.
"As the exposures of government employees evolve, we will do whatever it takes to meet their needs,” said Brenda Wilson, Director of Strategy and Business Development. "We are thrilled to be joining the team at CRC. CRC Group will provide us with the carrier access, resources and support we need to remain focused on meeting the growing and changing needs of today’s civil servants."