SIAA Announces New Master Agency in California

SIAA Inc., a network of partnering independent insurance agencies in the country, announcesdthat Access Insurance Services, Inc. in Arcadia, Calif. has established ACCESS Independent InsurancePro Alliance as a SIAA Master Agency. Their territory will cover parts of Los Angeles, Orange, Riverside and San Bernardino counties.

Access Insurance Services was founded in 1983 by Benedict and Amelia Yeung. Benedict is the president of the agency and has been in the insurance business since 1981, where he began his career as a Producer. Benedict will also manage the Master Agency network. Access Insurance Services represent several SIAA Strategic Partner Companies including The Hartford, Safeco and Travelers.

“Over the past 20 years, we have built up a wealth of intangible assets in terms of experience, expertise, relationships with carriers and agency information management skills,” said Benedict. “Joining SIAA allows us to utilize these assets to their fullest. SIAA’s concept and structure bring to the table all the right components to effectively expand the independent agency distribution system. Anyone who has doubt about the independent agency distribution channel should look at the growth curve of the ISM within the SIAA system.”

The Chairman of SIAA, Jim Masiello, said, “SIAA welcomes Benedict and the ACCESS Independent InsurancePro Alliance to SIAA. As a Master Agency, ACCESS Independent InsurancePro Alliance will offer numerous SIAA advantages to those smaller agencies that want to grow while remaining completely independent, and to direct writers, captive agents and life and financial service agents who want to become independent agents. Network members will gain access to additional markets and share in commission/profit sharing overrides and growth bonuses.”