How Independent P&C Insurance Agencies Are Thriving in Today's Competitive Marketplace
Report Summary
How Independent P&C Insurance Agencies Are Thriving in Today's Competitive Marketplace
Agencies have grown their share of homeowners and commercial lines over the past 10 years.
Boston, October 16, 2014 – Independent U.S. property and casualty agencies have not lost their entrepreneurial spirit. They continue to evolve and maximize their value to all their customers: insurance companies, consumers, and businesses. Agencies of all sizes are optimistic about their prospects, but what characteristics define the largest and fastest-growing agencies? And what threats are all agencies facing?
This Aite Group Impact Note is based on a 2014 survey of 194 independent U.S. P&C insurance agencies, identifies where and how agencies are growing their businesses, and identifies their future business, operations, and technology plans.
This 24-page Impact Note contains 21 figures and three tables. Clients of Aite Group's P&C Insurance service can download this report.