About This Report: The economy, soft market and industry consolidations continued to shake up the nation’s leading independent insurance agencies in 2008. Still, nearly half, or 45 percent, of the privately-owned agencies and brokerages on Insurance Journal‘s Top 100 Property Casualty Independent Agencies list managed to increase their P/C premium volume in 2008 over 2007. Nine agencies saw their P/C premium volume increase by more than 20 percent.
Notable mentions include Beecher Carlson Holdings Inc., SWBC, Turner Surety and Insurance Brokerage, Parker Smith and Feek Inc. and James G. Parker Insurance Associates, each of which posted increases in P/C premium of 30 percent or more.
This year’s list also includes 17 newcomers, including: ISU Group; Satellite Agency Network Group Inc.; Seitlin; Worldwide Insurance Network Inc. d/b/a Smart Choice Agents Program; United Valley Insurance Services Inc.; Confie Seguros Holding Co.; SullivanCurtisMonroe; DeWitt Stern; Steve Standridge Insurance Inc.; TWIW Insurance Services LLC; Bolton & Co.; GIA Group LLC/Continental Insurance Agency Alliance Inc.; Scanlon, Guerra, Burke Insurance Brokers; AH&T Insurance; Otterstedt Insurance Agency; Ames & Gough; and Agents Helping Agents Inc.
Insurance Journal wishes to thank all of those agencies and brokerages that were willing to share their information for the Top 100 report. The result is a glimpse at some of the nation’s top privately-held independent insurance agencies and brokerages whose business volume is primarily retail, not wholesale. The more cooperation IJ receives, the more accurate and comprehensive this listing can be.
All information in this report has been garnered from voluntary online submissions from agencies, brokerages and best estimates based on other public information sources. There may be agencies eligible for listing but for which no information was received or located. Also, submitted data was not independently verified.
For more information about this report, contact Andrea Ortega-Wells at awells@insurancejournal.com.
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