Consolidated Insurance Agents, an exclusive network of independently owned and operated insurance agencies in New Jersey, said it added two new agencies to its network in May.
Consolidated Insurance Agents grew network premium by more than 10 percent to over $150 million in 2011, its first full year of operation. Consolidated Insurance Agents was formed in early 2010 by three multi-generation insurance agencies. It is licensed by the states of New Jersey, Pennsylvania and New York.
The agencies say the model allows agents to maintain independence, share services and cut operating costs while freeing-up principals and producers to allow them to concentrate on acquiring new business, retaining clients and increasing revenue.
Topics Agencies
Was this article valuable?
Here are more articles you may enjoy.
Judge Awards Applied Systems Preliminary Injunction Against Comulate 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
