Based on 2023 data, this year’s report found that the independent agency channel places 62.2% of all p&c insurance written in the U.S., demonstrating the channel’s resilience amid the challenges posed by the hard market.
Tag: independent agency channel
Independent Insurance Channel Braces for COVID Economy
The independent agency channel posted an exceptionally strong first quarter (Q1) of 2020, which will help them maintain momentum through the troubled COVID-19 economy, according to Reagan Consulting. Agents and brokers logged organic growth exceeding 5.0% for the ninth consecutive quarter. At 6.6%, it’s their highest Q1 growth since Reagan launched the Organic Growth and… Continue reading Independent Insurance Channel Braces for COVID Economy