Independent Agents Gain In Market Share

NU Online News Service, Nov. 19, 1:29 p.m., EST?Independent agents and brokers are capturing an increasing share of both the personal lines and commercial lines markets, according to a survey commissioned by the Independent Insurance Agents & Brokers of America.

"The premium growth of the independent agency system is steadfast and dynamic," said IIABA President Cloyce W. Anders. "These latest figures confirm independent agents' and brokers' continuing domination of the commercial lines market and the reverse of previous trends in personal lines, where the agency system is generating its most significant market gains in recent years."

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.