2012 Top 100: Privately Held Independent P/C Insurance Agencies
About This Report: A slow economic recovery didn’t stop the nation’s leading independent insurance agencies from writing more property/casualty premium in 2011.
The vast majority (81 percent) of the privately owned agencies and brokerages on Insurance Journal‘s Top 100 Property Casualty Independent Agencies list this year, sponsored exclusively by RLI, managed to increase total P/C premium in 2011 over 2010. A whopping 17 agencies saw their P/C premium increase by 20 percent or more.
Notable mentions include Alliant Insurance Services Inc., United Valley Insurance Services Inc., Sterling & Sterling Inc., Bowen, Miclette & Britt Inc., Robertson Ryan & Associates Inc., TWFG Insurance Services, Brightway Insurance, North Florida Agents Network, SAN of Florida/Comegys Insurance Agency, Agents Helping Agents, and Glenwood Insurance Agency/Continental Insurance Agency Alliance, each of which posted increases in P/C premium of 30 percent or more.
The number of Top 100 agencies that reported declines in total P/C premiums written improved in 2011 over 2010. Just 19 percent of the Top 100 agencies saw declines in total P/C premium in 2011, compared to 28 percent of agencies that saw declines in total P/C premium in 2010.
This year’s list also saw 10 newcomers, including: AssuredPartners LLC; Risk Strategies Co.; Pacific Interstate Insurance Brokers; Vanguard Risk Managers Inc.; LMC Insurance & Risk Management Inc.; James G. Parker Insurance Associates; Glenwood Insurance Agency/Continental Insurance Agency Alliance; Northlake Insurance Group Ltd.; AH&T Insurance; and Wood Gutmann & Bogart Insurance Brokers.
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. 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, contact Andrea Wells at awells@insurancejournal.com.