Insurance Office of America (IOA) has appointed Jeff Lagos as CEO and Rob Motley as president in addition to their continuing roles on the IOA Board of Directors.
Lagos has been president since 2003 of IOA, the fourth largest privately held insurance brokerage in the U.S. He joined IOA in 2000 as a commercial lines producer before getting elected to the board in 2003.
Since his appointment as president, IOA said it has experienced continued growth each year, going from $70 million in revenue to $286 million at the end of 2022. Of the top 25 insurance brokerages in the U.S., Longwood, Florida-based IOA said it is one of only four independent, privately owned brokerages that obtains nearly all its increase from organic growth rather than through acquisition.
IOA added that Jeff’s leadership has played a pivotal role in helping it achieve prestigious rankings such as National Underwriter’s Agency of the Year award and Top Workplaces USA 2023 as well as numerous other awards.
Motley is also an IOA vet, having joined in 2003, and getting appointed to the board in 2008. In 2013, he was named a region president, and in 2022 he was named East Coast division president.
“It’s been 15 years since our last major leadership transition, and IOA has enjoyed substantial growth since that time,” said Heath Ritenour, chairman of Insurance Office of America and chairman and CEO of IOA Group, the parent of Insurance Office of America. “These leadership transitions of both Jeff and Rob are strategic and reflective of what IOA has been doing for several years as the insurance industry has gotten more complex and we remain on our trajectory to operate and excel with excellence.”
Was this article valuable?
Here are more articles you may enjoy.
How a Perfect Storm Sent Church Insurance Rates Skyrocketing 
Castle Key Nonrenewing 33,000 Policies as Florida Mulls Special Session on Condos 
Private Equity Firm Centerbridge Weighs Exit Options for £3 Billion Canopius at Lloyd’s 
Applied Systems Acquires Insurance AI Platform Planck 
