Based on the Overland Park financial services franchiser’s record $10.5 million share of those agencies’ premiums last month, “if September’s results continue for the next 11 months, we’ll reach that milestone,” said Kyle Garst, chief executive of the company’s franchising subsidiary, Brooke Franchise Corp.
Industry forecasters, including those at the Insurance Information Institute, generally are predicting that premium growth will continue to slow through 2008.
Brooke executives think that continued expansion of the network, to an expected 1,000 locations, plus aggressive sales by agents will offset the industry trend, Garst said.