Latest Agency Growth Headlines
All the headlines from our Agency Growth Topic Page, ordered by recency.
New-Vehicle Sales Growth Slows After CDK Cyberattack
Jul 5 2024 // Top U.S. automakers posted slower sales growth for the second quarter as a cyberattack at software systems provider CDK hit operations at several dealerships during the crucial selling period of late June. General Motors...
People Moves: Alliant Adds Rison; Lawley Grows Sales Team
May 17 2024 // Alliant Private Client Names Rison SVP Julie Rison has joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president, Alliant Private Client. Based in Virginia, Rison will identify and...
Ready, Set, Grow: How to Build an Independent Agency and Avoid Common Pitfalls.
Mar 18 2024 // You are a seasoned producer who is confident in your skillset. You have built a strong book of business and after a few years, you decide to go out on your own and open an independent agency. As your new business begins to...
Agents, Brokers Achieve Record Annual Growth in 2023
Feb 26 2024 // The independent insurance agent and broker channel posted an organic growth rate of 10.3% in 2023 — the highest annual level achieved since Reagan Consulting launched its quarterly growth and profitability study in...
3 Areas for Agents to Focus Growth Efforts in 2024 As the Hard Market Continues
Feb 5 2024 // We are obviously in one of the most intense hard markets of the last several decades. While much has been said and written about how to navigate the challenges the market is creating for agents, I’d like to take a...
Risk Strategies Acquires Michigan’s Ralph C. Wilson Agency
Feb 1 2024 // Risk Strategies, a national specialty insurance brokerage and risk management firm, announced that it has acquired Ralph C. Wilson Agency, a full-service risk management and employee benefits consulting firm and insurance...
PointeNorth Keeps Growing with 2 More Georgia Agency Acquisitions
Feb 1 2024 // Atlanta-based PointeNorth Insurance Group, one of the larger independent agencies in the Southeast, has continued its streak of acquisitions with the addition of Valdosta Insurance Services and Southern Insurance Advisors...
Risk Strategies Acquires Medical Liability Agency in Virginia
Jan 25 2024 // National specialty insurance brokerage Risk Strategies announced it has acquired Professional Risk Associates, Inc. (PRA), a Virginia-based specialty healthcare insurance agency focused on medical professional...
Patriot Growth, FBinsure Add 3 Rhode Island Agencies
Jan 24 2024 // Insurance broker Patriot Growth Insurance Services and its partner insurance agency FBinsure of Taunton, Massachusetts announced that they recently added Maggiacomo Insurance, Hanuschak Insurance, and Gilmartin Insurance...
Risk Strategies Acquires New York’s Robert Alan Agency
Dec 19 2023 // National specialty insurance broker Risk Strategies reports it has acquired Robert Alan Agency, a New York-based retail insurance agency. Established in 1980 by Bob Carlucci, the Robert Alan Agency is headquartered in New...
Buying and Selling: 5 Tips for Successful Agency Transactions
Nov 20 2023 // You are going to sell your interest in your agency at some point. Whether the sale is internal, external, to a family member, employees, or to a large national organization, there are steps you can take in advance to make...
Patriot Growth Acquires Ohio’s Douce James Agency
Nov 1 2023 // Patriot Growth Insurance Services, LLC (Patriot), one of the nation’s largest and fastest-growing insurance services firms, expanded its presence in Ohio and Pennsylvania with its partnership with the Douce James...
Growing the Business Is a Team Effort at Ellis Insurance Agency
Oct 16 2023 // When Insurance Journal called Danielle Ellis, principal at Ellis Insurance Agency in Charleston, West Virginia, with the news that the agency had been named one of the Best Agencies to Work For in the Southeast, an office...
Keystone Adds Oklahoma’s Ascent to Growing Agency Network
Sep 29 2023 // Keystone, the participant-owned insurance agency network, has added Ascent Insurance Group (formerly LBV Insurance) based in Edmond, Oklahoma to its growing network of agencies. Ascent is a boutique style commercial lines...
People Moves: Bates Joins Western National as SVP, Marketing and Sales
Sep 26 2023 // Bates Joins Western National Insurance Group as SVP, Marketing and Sales Western National, headquartered in Minneapolis, Minn., hired Tamara Bates as senior vice president of marketing and agency sales. Bates joins Western...
VIAA Adds Two Missouri Agencies to Commercial Marketing Pod Program
Sep 25 2023 // Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, recently welcomed two alliance agencies to its members-only Commercial Marketing pod...
Big ‘I’ Report: Independent Agency Channel Slowly Growing
Aug 21 2023 // The independent agency channel is holding ground and showing slow, steady gains in lines of business penetration, including homeowners, according to the Big “I” 2023 Market Share Report. Based on 2022 data,...
101 Sales, Marketing & Agency Management Ideas
Aug 21 2023 // 1. Network with Your Competition. They will often have no appetite for certain lines of business that you wish to target. 2. Hard Market. Today’s insurance market is one of the hardest markets many have ever...
The Fast Path to Agency Growth
Aug 21 2023 // As an independent agency owner, you have tremendous potential to grow your business. It can take a long time to build an agency that would attract acquisition attention or sustain future generations. It’s important...
Increased Vehicle Sales, Search for Lower Rates Boost Auto Insurance Shopping
Aug 15 2023 // Auto insurance shopping rates rose 12% year-over-year in the second quarter of 2023, according to a new TransUnion report. While vehicle sales played a role in the increase, TransUnion said in a press release that the...
