Ohio Firm Establishes SIAA Master Agency
SIAA announced that Haughn and Associates Insurance Agency Inc., of Dublin, Ohio, has established SIAA of Central Ohio as a Strategic Master Agency. Michael W. Haughn is the president. The agency was founded in 1986 and specializes in construction and construction-related businesses. Haughn and Barry C. Fonarow will manage the Master Agency network.
“We are very excited to be participants within the SIAA organization,” says Haughn’s Barry Fonarow. “We know how difficult the marketplace currently is and has been, and we continue to see more and more dynamic changes occurring that will challenge the basic structure of how insurance products are delivered. To meet these challenges, we feel that SIAA and the market relationships they have developed will enable our agency to prosper even during the most trying of times.”
The chairman of SIAA, James A. Masiello says, “SIAA welcomes Haughn and
Associates to SIAA’s growing membership. As a SIAA Strategic Master Agency, Haughn and Associates will provide the many SIAA advantages to those smaller agencies in their region that seek to grow while retaining their independence, and to direct writers and life and financial service agents who wish to become independent agents. Network members will benefit from access to additional markets and commission/profit sharing overrides and growth bonuses. Signature’s network members will not just survive in an unstable market, but they will thrive in it.”
SIAA encompasses 174 Strategic Master Agency territories throughout 48 states and Canada and is comprised of 975-plus independent insurance agencies.