Latest Agency Growth Headlines

All the headlines from our Agency Growth Topic Page, ordered by recency.

Risk Strategies Acquires Worldwide Assurance Agency in Miami

Dec 14 2022 // Risk Strategies, national specialty insurance brokerage and risk management firm, has acquired Miami-based Worldwide Assurance Inc., a retail life, health and benefits agency. Worldwide was founded in 2012 and has grown...

Getting Unstuck: Self Examination for Agency Owners to Fuel Momentum and Growth

Dec 5 2022 // Every business hits one or more plateaus during its development. This is normal, natural, and predictable.What once worked no longer works — at least as well as it used to work. I call this getting...

To Improve Client Relationships, Agents’ Digital Strategies Should Reflect Authenticity

Nov 21 2022 // Customer relationship-building is one of the greatest value drivers for insurance agents. A benchmark analysis from McKinsey & Co. found agents with deeper customer relationships have higher product density than those...

Digital Marketing and the Rise of the Independent Agent

Oct 17 2022 // Independent agents are taking over the scene — 62% of property and casualty premiums in the U.S. were written by independent agents in 2021 — so competition is fiercer than ever. Independent agents who want to...

‘Best Practices’ Agencies Tout Record Highs in Organic Growth, Profitability: Study

Oct 3 2022 // As the independent agency channel moves past the coronavirus pandemic and into uncertain economic headwinds, Best Practices agencies achieved record highs in organic growth and profitability, according to the 2022 Best...

Can a Firm’s Culture Created by a Salesperson Be Grown Into a Business Culture?

Sep 19 2022 // Having a sales culture in your agency is not synonymous with having business culture.As so many examples of vaporware and internet companies and virtual providers and game changing insurance companies that never make money...

Hub Grows Again with Acquisition of South Carolina Agency

Sep 9 2022 // Hub International Ltd., a global insurance brokerage, has continued its steady expansion with the recent acquisition of Tilghman Insurance of Myrtle Beach, South Carolina. Tilghman has provided commercial and personal...

101 Sales, Marketing & Agency Management Ideas

Aug 15 2022 // Be Kind. No matter how educated, talented, or rich you are, how you treat people ultimately tells all. – Jonathan Friedland, Universal Property & Casualty Insurance Company Be happy! Be happy with who you are! Be...

A 12 Step Program for Exploding Agency Growth

Aug 15 2022 // We all want to grow smarter, stronger and faster, whether in life or in work. Agency owners are no different.Every agency owner I have ever spoken with is growth oriented. So, why is it most insurance agencies only grow at...

The Path to Growth for Smaller Agencies: Hire Producers Or Acquire Agencies?

Jul 18 2022 // I know a thing or two about helping agencies grow. In fact, I’ve helped hundreds of entrepreneurs create independent insurance agencies. From this experience, I’ve learned growth is a fairly straightforward...

Southeast Business Moves: Risk Strategies, Acrisure, Alabama Agencies

Jul 7 2022 // Acrisure Buys Brentwood Claims FirmAcrisure, a fintech company that runs one of the largest insurance brokerage companies, has acquired a Tennessee-based claims services firm. Brentwood Services Inc., which said it...

New York’s NXG Agency Joins Patriot Growth Services

Jun 10 2022 // Patriot Growth Insurance Services announced that NXG Insurance Agency Group in Kingston, New York has joined its agency partnership.The partnership expands Patriot’s reach in New York and broadens NXG’s...

Relation Insurance Grows in East, Acquiring Ex-Nationwide Agency in Connecticut

Apr 14 2022 // California-based national agency Relation Insurance Services reports it has acquired the assets of Guilford, Connecticut-based Yerkes-Stephens Insurance.Yerkes-Stephens was previously part of Nationwide Mutual Insurance...

3 Reasons Why Agency Owners Fail to Grow Revenue (and What to Do About It)

Feb 21 2022 // What happens when you put a self-directed team in the game against a well-coached team? If the talent is similar, then the well-coached team will win eight out of 10 times. But why is that?If the coach is doing their job,...

Top 10 Agency Growth Secrets

Feb 7 2022 // I have the privilege of speaking with many insurance agency entrepreneurs every year. Virtually all of them are interested in growing their businesses, yet only a few actually do accomplish a growth rate above the rate of...

Patriot Growth Insurance Adds Six Agencies in Florida

Jan 7 2022 // Patriot Growth Insurance Services, a national agency, has acquired six Florida agencies, greatly expanding Patriot’s footprint in the Southeast.Pennsylvania-headquartered Patriot said in a news release that it had...

People: Florida-based Vyrd Names Sales and Marketing Director

Jan 7 2022 // Vyrd Insurance Co., one of the few new insurers to brave the distressed Florida property insurance market in recent years, announced that industry veteran Elizabeth Bevelacqua has been named director of sales and...

Why Sales Leaders Fail to Increase Sales (and 7 Things to Do About It)

Dec 20 2021 // A few days ago, I had lunch with a young man who told me that when he was hired as a producer, his sales leader (CEO) said, “If you come work here, we’ll leave you alone.” Look, I understand this new...

Insurance Agents Eye Changes to Support Growth in 2022

Dec 20 2021 // A majority of insurance agents have a very positive outlook for 2022. About 70% expect their business growth to be on track in the new year, while nearly 20% expect that growth to be “off the charts.”According...

AgentSync Secures $75M at a $1.2B Unicorn Valuation to Power Growth Across the Insurance Industry

Dec 7 2021 // Trusted by the fastest growing companies in insurance, AgentSync is the first insurtech SaaS unicorn focused on building infrastructure for the $1.3T US insurance market.New funds will support customer-driven demand and...