NFAN is the 24th largest privately held personal insurance agency in the country according to the Insurance Journal November 15,2010 issue. See the SIAA Press Release below.
Press Release by SIAA
SIAA Master Agencies Account for 20% of Personal Lines Leaders
December 2, 2010 – Hampton, NH: According to the Insurance Journal (November 15, 2010), The Strategic Insurance Agency Alliance’s (SIAA) Master Agencies account for 10 of the top 50 Personal Lines Leaders in the country. “When combined, the Master Agencies who reported and ranked in the top 50 account for $732.24 million in Personal Lines Premium – and would land SIAA as number two on the list,” stated Jim Masiello, CEO of SIAA.
The ranking is based on Insurance Journal’s Top 100 Property/Casualty Independent Agencies as reported in August of this year.
“As much as anything else, this demonstrates what we mean when we tell prospective members that they will become Instantly Big if they join one of our Master Agency alliances.” said Masiello.
The highest ranked Master Agency on the list is The Satellite Agency Network Group, Inc. (SAN Group) of Hampton, NH, at number 6 with $287.82 million in 2009 Personal Lines Premium. “SAN is the largest group of its kind in the northeast and is the original concept for the SIAA model. It’s rewarding to see so many other SIAA member Master Agencies succeed by following the same model,” Masiello commented.
The other 9 Master Agencies on the list (and their rankings) are:
#24 – North Florida Agents Network, Tallahassee, FL
#26 – SIA Group, Jacksonville, NC
#27 – SAN of Tampa Bay, St. Petersburg, FL
#30 – AssureAlliance, Inc., Spartanburg, SC
#31 – Agents Helping Agents, Louisville, KY
#34 – Oklahoma Agents Alliance, Oklahoma City, OK
#35 – Continental Insurance Agency Alliance, Inc., Glenwood Springs, CO
#36 – Midwest Insurance Agency Alliance, Lincoln, NE
#42 – Chicagoland SIA, Lombard, IL
Since it's inception in 1995, SIAA has signed over 3,500 new members.
SIAA is dedicated to the creation, retention and growth of the Independent Insurance Agency distribution system. SIAA provides independent agencies with the company access necessary to become instantly BIG. For more information on SIAA visit www.siaa.net.
The National Insurance Agency Alliance