Brightway Insurance agencies outpace industry’s organic growth rate by three-fold

JACKSONVILLE, Fla., June 12, 2017 -- In a report published in May 2017, Reagan Consulting, an insurance agency management consulting and merger-and-acquisition advisory firm, reported that the first quarter 2017 organic growth rate of property/casualty insurance agencies and brokerages fell to 3.9 percent, the weakest growth rate since 2011.

Brightway Insurance agencies, on the other hand, experienced an average organic growth rate of 12.6 percent for the same period, outpacing peers by more than three-to-one. Entrepreneurs who wish to learn more about business opportunities with Brightway can register for a webinar scheduled for noon (EDT) on July 20, and hear from Co-Founder, Michael Miller, and Agency Owners, Billy Wagner and Kandie Landers. The webinar will provide an opportunity to ask the Co-Founder and Agency Owners questions.

“The reason Brightway agencies are growing faster than our peers is simple,” said Brightway Insurance Co-Founder and Vice Chairman Michael Miller. “Our model includes hundreds of insurance professionals at Home Office handling a suite of support, which empowers agencies to focus on building world-class sales teams.”

Brightway is the nation’s seventh largest privately held Personal Lines independent insurance agency selling through a franchised system of locally owned and operated insurance superstores.

“Our agents have access to more insurance carriers than other agencies,” said Miller. “This, along with their focus on customer needs, nets greater sales outcomes.”

About Brightway Insurance
Brightway Insurance is a national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country. With more than $462 million in annualized written premium, the company is the nation’s seventh largest privately held Personal Lines independent insurance agency.

Brightway began franchising operations in 2008 and has since grown to more than 700 people in 14 states serving customers in all 50 states. Forbes has recognized the company as America’s No. 1 Franchise to Buy. Additionally, the company was named a top franchise three years in a row by Entrepreneur magazine and one of the fastest-growing private companies in America nine consecutive years by Inc. 5000. People wishing to learn more about Agency Ownership with Brightway may visit BrightwayDifference.com and find us on LinkedIn. Consumers seeking a better insurance buying experience may visit Brightway.com and find us on Facebook. 

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/508eb40b-0bb3-44a0-9dfd-8d7f55a93bcc

Courtney Heidelberg
Brightway Insurance
904-405-1883
[email protected]