News

The study looks at the independent agency ecosystem as it gains distance from the pandemic and navigates the obstacles presented by the hard market.

Best Practices agencies achieved record-breaking growth, delivering the best results seen in the entire 31-year history of the Best Practices Study.

Factors include the U.S. economy growing faster than anticipated, combined with the hard market’s high rates and premiums, according to Reagan Consulting.

Best Practices agencies continue exceptional organic growth and invest in young producer development, according to the latest study update.

The Technology Summary reveals a number of key insights into the use and adoption of technology by independent agency members.

As we look back on 2022, here are three studies from the Big “I” on the state of the independent agency channel and the lessons that can be drawn from them as we move into 2023.

The number of independent insurance agencies has increased, according to the newly released study hailed as the most comprehensive look at the independent agency system.

Best Practices agencies hit all-time highs in organic growth and profitability, according to the study.

The number of independent insurance agencies has remained stable and business conditions continue to improve, although at a slower rate than 2018, according to the 2020 Agency Universe Study.

In the first quarter of 2020, agents and brokers predicted 7% growth. In 2021, agents and brokers are predicting a bullish 6% growth.