Texas Republic Capital Corporation (TRCC), an insurance holding company with its home office in Austin, Texas, is pleased to announce that its wholly owned subsidiary, Texas Republic Life Insurance Company, received its Certificate of Authority to do business as a life insurance company from the Texas Department of Insurance (TDI) on August 1, 2016. TRCC has raised over $16,000,000 through a series of private placements and an ongoing intrastate public offering across Texas. TRCC is providing the capital to TRLIC as described in the company’s prospectus. TRCC is currently owned by over 1300 Texans. It is the goal of TRCC’s management to complete the intrastate offering by the end of 2016 or early in 2017.
TRLIC will soon submit its initial life insurance products for approval by the TDI. Tim Miller, President and CEO, said “Our products will be both innovative and competitive in the marketplace”. TRLIC is currently increasing its distribution channels among independent insurance brokers and agents across Texas and hopes to begin its insurance sales soon. For more information, please visit the company website at texasrepubliccapital.com.
Texas Republic Capital Corporation (TRCC) is an insurance holding company located in Austin, Texas. TRCC is currently raising $25,000,000 in capital through an intrastate public stock offering registered with the Texas State Securities Board. The offering is available to Texas residents only. The company has been formed for the purpose of creating and funding Texas’s newest life insurance company, Texas Republic Life Insurance Company (TRLIC)
Ben SchleppenbachTexas Republic Capital CorporationDirector of Agency Development512firstname.lastname@example.org
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