The number of independent agencies has stabilized, according to the 2008 Agency Universe Study from Future One, a collaboration of the Independent Insurance Agents & Brokers of America (the Big "I") and leading independent agency companies.
The study found that despite tough economic times, independent agencies remain strong, stable, flexible and have potential for growth, ending a trend of larger and fewer firms in the last decade. Other key findings include:
o The long-term trend toward fewer, larger agencies has been interrupted. Compared to 2006, the number of agencies has remained the same, reflecting a decrease in acquisitions and an increase in the number of start-up agencies.
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