ChurchPlaza has signed an agreement with Arthur J. Gallagher & Co. to offer co-branded insurance products to the $49 billion church market.
Sarasota, Fla.-based ChurchPlaza is a supplier of products and services to the nation’s churches and is endorsed by 36 denominations, associations and fellowships representing more than 120,000 churches.
Arthur J. Gallagher is the largest insurance broker for Catholic churches in the United States, insuring approximately 70 percent of all U.S. parishes through its customized Church FIRST program. Under terms of the agreement, ChurchPlaza and Arthur J. Gallagher will develop a branded family of insurance products and services for American churches to be marketed through ChurchPlaza.
The church insurance market is estimated to represent $2.2 billion in annual premiums for property and related liability coverage.
Topics New Markets A.J. Gallagher
Was this article valuable?
Here are more articles you may enjoy.
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
UK Payments Firm Moved Billions for Risky Clients Before FCA Seizure 
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
