agency franchise model News

Franchise Model Britely Insurance to Acquire Empire State Brokerage

Florida-based Britely Insurance reports it has agreed to acquire the assets of Empire State Brokerage Services, a Plainview, New York based wholesale broker operating in more than 25 states. The transaction is expected to close in July of 2022. David …

Brightway, Guard Expand in Southeast States

Two insurance companies announced new and expanded operations in the Southeast, including Florida, Mississippi and North Carolina. Berkshire Hathaway’s Guard Insurance now offers commercial property coverage up to $120 million per property in North Carolina, the company said in a …

Brightway Goes ‘All In’ on Independent Agents, Unveils No-Cost Path to Agency Ownership

On the heels of celebrating its 10-year anniversary, Jacksonville, Fla.-based Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies, has unveiled a no-upfront cost program for independent insurance agents that offers a path to …

Brightway Insurance Opens New Locations in Midwest, South Central Regions

Florida-based insurance agency franchisor, Brightway Insurance, has recently opened new stores in Louisiana, Michigan and Texas. Ankur Patel and Vipul Hapani opened Brightway, The Blue Water Agency in Ann Arbor, Michican. Joseph Bohrer opened Brightway, The Joseph Bohrer Agency in …

Texas-Based Goosehead Insurance Going Public With IPO

A North Texas-based insurance agency that operates nationally via a franchise model will begin trading on the Nasdaq exchange when its expected initial public offering (IPO) goes through on April 27. Goosehead Insurance, headquartered in Westlake, Texas, will trade under …