The Strategic Insurance Agency Alliance (SIAA) — a national alliance of over 4,000 independent insurance agencies — said seven new agencies in the Northeast region joined the partnership in June.The new members are: Lemire Insurance Agency of Hudson, Mass.; Penn Auto & Home Insurance of Newtown Square, Penn.; Lori Carpenter Insurance Group of Broomall, Penn.; Northeast Insurance Solutions of Hingham, Mass.; Marshall Insurance Agency of Marlborough, Mass.; CNS Insurance Services of Conshohocken, Penn.; and Baystate Insurance Group of Bel Air, Md.
Nationally, 45 new agencies joined the SIAA last month. Of June’s signed members, 34 are new or “scratch” agencies new to the independent agency system, many of them former captive agents that are bringing new premium dollars and new people into the system.
SIAA helped create 299 new agencies in 2011 from a total of 412 newly signed members. 147 have been created so far in 2012. SIAA members created more than $780 million in new premium growth in 2011 – their third straight year over $750 million – and reached their 4000th signed independent strategic member agency in January.