The Jacksonville, Florida-based Brightway Insurance said it received $20 million in bank financing through SunTrust Bank to help fund its national expansion.
Brightway is a national property/casualty insurance agency selling through a network of franchised locations. The company started in 2008 and has grown to 117 locations in 10 states.
“We are thrilled to have entered into this relationship with SunTrust,” said Brightway Founder and Chairman David Miller. “This financing will help us to continue to invest in our systems, and, more importantly, in our people.”
Topics Florida
Was this article valuable?
Here are more articles you may enjoy.
Older, Wealthier Renters Drive Changes in Insurance Needs
Space Startups Seek Insurance for Orbital AI Data Centers
Zurich Sees Data Center Boom Spurring Insurance Securitization
IMA Latest to Sue Howden Over Alleged Employee Poaching 

