Consolidated Insurance Agents, an exclusive network of independently owned and operated insurance agencies in New Jersey, added two new agencies to its network last month.
The network now has 26 agencies with 28 locations in 13 counties in the Garden State.
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.
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk
What Analysts Are Saying About the 2026 P/C Insurance Market 

