TUPELO, Miss., May 13, 2014 /PRNewswire/ -- BancorpSouth (NYSE:
BXS) has announced Markham McKnight,
president of BancorpSouth Insurance Services, Inc. (BXSI), has
become Chairman of the Board of the Worldwide Broker
Network™. McKnight succeeds Florian
Karle, Managing Partner of Suedvers Gruppe, Au bei Freiburg,
Germany. WBN is the world's
largest fully integrated network of independent property and
casualty brokers and employee benefits consultants.
James Threadgill, vice chairman
of BancorpSouth's Financial Services Division said, "This highly
respected industry leadership position reflects the level of
experience, expertise and leadership Markham McKnight provides our Company's
insurance team. BancorpSouth congratulates Markham on
becoming WBN's 14th Chairman of the Board."
McKnight has been a leading commercial insurance executive for
three decades, serving as executive vice president of Wright &
Percy Insurance, one of Louisiana's oldest and largest insurance
agencies, from 1982-1994, and president and CEO of Wright &
Percy from 1994 to 2005. BancorpSouth Bank, a subsidiary of
BancorpSouth, Inc., acquired Wright & Percy in 2003.
McKnight has served as President of BancorpSouth Insurance since
2005. He has an MBA from Louisiana State
University, serves as treasurer of the Louisiana Insurance
Guaranty Association, and is a member of the board of directors of
the American Bankers Insurance Association.
BancorpSouth Insurance Services, Inc., a subsidiary of
BancorpSouth Bank, ranks as the nation's 33rd largest
insurance firm based on the latest rankings available for top
insurance brokerage firms in America by Business
Insurance. BXSI currently operates 33 offices in nine
states, with over 600 associates serving clients across the
country.
BancorpSouth, Inc. is a financial holding company headquartered
in Tupelo, Mississippi, with
approximately $13.1 billion in
assets. BancorpSouth Bank, a wholly-owned subsidiary of
BancorpSouth, Inc., operates 292 commercial banking, mortgage, and
insurance locations in Alabama,
Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including an insurance location in
Illinois.
SOURCE BancorpSouth, Inc.