May 13, 2014
/PRNewswire/ -- BancorpSouth (NYSE: BXS) has announced
, president of BancorpSouth Insurance Services, Inc. (BXSI), has become Chairman of the Board of the Worldwide Broker Network™. McKnight succeeds
, Managing Partner of Suedvers Gruppe, Au bei Freiburg,
. WBN is the world's largest fully integrated network of independent property and casualty brokers and employee benefits consultants.
, vice chairman of BancorpSouth's Financial Services Division said, "This highly respected industry leadership position reflects the level of experience, expertise and leadership
provides our Company's insurance team. BancorpSouth congratulates Markham on becoming WBN's 14
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
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 33
largest insurance firm based on the latest rankings available for top insurance brokerage firms in America by
. 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
, with approximately
in assets. BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc., operates 292 commercial banking, mortgage, and insurance locations in
, including an insurance location in