Consolidated Insurance Agents, an exclusive network of independently owned and operated insurance agencies in New Jersey, added two new agencies to its network last month.
The network now has 26 agencies with 28 locations in 13 counties in the Garden State.
Consolidated Insurance Agents grew network premium by more than 10 percent to over $150 million in 2011, its first full year of operation. Consolidated Insurance Agents was formed in early 2010 by three multi-generation insurance agencies. It is licensed by the states of New Jersey, Pennsylvania and New York.
The agencies say the model allows agents to maintain independence, share services and cut operating costs while freeing-up principals and producers to allow them to concentrate on acquiring new business, retaining clients and increasing revenue.
Topics Agencies
Was this article valuable?
Here are more articles you may enjoy.
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist 
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
Data Centers Offer a Potential $10 Billion Windfall for Insurers 
