Sunflower Bank Launches Insurance Solutions to Enhance Wealth Advisory Services
Sunflower Bank, N.A., headquartered in Dallas, has announced the launch of Sunflower Insurance Solutions Inc., a subsidiary dedicated to offering risk management and wealth advisory services to business owners and affluent families. With assets totaling $8.5 billion as of September 30, 2025, and a network spanning 71 branches across seven states, Sunflower Bank aims to leverage its expansive presence to enhance its insurance service offerings. This initiative aligns with a growing industry trend where regional banks expand insurance services to strengthen relationships with closely-held businesses and high-net-worth clients.
Strategic Expansion into Insurance Services
This strategic move aims to offer targeted insurance solutions addressing succession planning, liquidity management, and estate planning. John Sawyer, who oversees private banking and wealth management at Sunflower Bank, emphasized the significance of this development, stating, "The launch of Sunflower Insurance Solutions marks an exciting step in expanding our ability to deliver comprehensive financial strategies." Such strategic insurance initiatives position Sunflower Bank at the forefront of addressing regulatory compliance requirements and tailored client solutions.
Leadership and Expertise
The appointment of Catherine Runge as Director of Insurance Strategies brings additional expertise to the subsidiary. With two decades of industry experience, her client-focused approach is vital to enhancing Sunflower's insurance offerings. Sunflower Insurance Solutions aims to cater to both business and personal insurance needs, offering key person insurance, buy/sell agreements, executive benefits, corporate benefit programs, life insurance, long-term care, disability coverage, estate planning, and wealth transfer strategies.
Partnership for Advanced Planning Solutions
Sunflower Insurance Solutions has formed a strategic partnership with Austin-based Lion Street, an established financial services firm, to enhance technical expertise and broaden market access. This collaboration provides Sunflower with access to Lion Street's extensive network and resources, enabling the delivery of AI-driven prior authorization delays and advanced planning solutions. As of 2025, Lion Street manages over $114 billion in life insurance benefits and holds more than $8 billion in cash value.
Enhancing Capabilities and Client Strategies
Bob Carter, founder and CEO of Lion Street, expressed enthusiasm about the partnership, noting, "We are pleased to welcome Sunflower Insurance Solutions to the Lion Street community. Their commitment to delivering client-centered, comprehensive insurance and wealth planning strategies aligns greatly with our mission." This collaboration enhances Sunflower's capabilities in providing sophisticated insurance carrier solutions for business owners and high-net-worth individuals, cementing their role as a pivotal player in the insurance industry.