CAA Reports $304M in Production in 2004, Elects 2005 Management Team

Austin, Texas-based Combined Agents of America LLC reported its members achieved over $304 million in production for 2004.

The newly elected 2005 management committee was also announced, including CAA’s new chairman of the board, Jerry Boles. Boles is also president of Grona Boles & Martin Insurance & Financial Services, San Antonio.

Each management committee member is elected to serve a two-year term and is selected by CAA’s board of members based on their leadership abilities and contributions to the organization. CAA is a managing general agency (MGA) committed to strengthening the independent insurance agency system through profitable growth, quality and service for its member agencies.

“Joining CAA was one of the best business decisions I have made and I am honored to serve as the chairman of the board,” said Boles. “Our primary goal in 2005 is to keep our good relationships with our company partners consistent with the needs of our customers and member agencies. We will also widen our distribution system through the addition of select independent agents to CAA’s membership, as well as continue to increase overall production.”

The management committee is responsible for day-to-day operations while CAA’s board of members is actively involved and votes on all key issues. To ensure a fluid transition between management teams both the past president and past chairman each serve one additional year with the newly elected committee. In addition, the committee positions are staggered so that the team always includes a mix of current and new leaders.

The new management committee includes:

٠Chairman Jerry Boles, president of Grona Boles & Martin Insurance & Financial Services, San Antonio. Boles is a graduate of Texas A&M University and was a past president of the Texas A&M Association of Former Students.
٠President Brent Borgstedte, president of GBS Insurance Agency Inc., Bellaire. Borgstedte is also a member of the Independent Insurance Agents of Houston’s board of directors.
٠Executive Vice President Michael Sachse, vice president of Walthall Sachse & Pipes Inc., San Antonio.
٠Second Vice President Johnny Shropshire, president of The Shropshire Agency Inc., Lubbock. Shropshire is the former president of the Independent Insurance Agents of Lubbock. He was recently invited to serve on the United Fire Agents Council beginning August 2005.
٠Secretary Don C. Jones, president of Crockett Insurance Service, president of Houston-Walker Counties Insurance Service & Crockett Financial Service, Crockett.
٠Treasurer Bill Bridges, executive vice president of Duncan, Fraser & Bridges, Pampa. Bridges has served on the Texas Mutual Agents Council and Republic’s Commercial Lines Council. He previously served as president of the Independent Insurance Agents of the Panhandle.
٠Past Chairman Jim Whorton, president of Whorton Insurance Services, Austin, and Round Rock Insurance, Round Rock. Whorton previously served as president of the Independent Insurance Agents of Austin, as the chairman of property committee and regional vice president of IMPACT for IIAT, and previously chaired CNA’s PACER panel. He was also one of the original founders of CAA.

Topics Texas Agencies