SIAA posts file written premium in 2020
Despite the pandemic, 2020 was a good year for the Strategic Insurance Agency Alliance (SIAA).
The independent network of insurance agents announced that it had recorded a total of $ 9.6 billion in premiums for 2020. This represents an increase of 7.9% compared to 2019. In 2019, the agent alliance generated a total written premium of USD 9.1 billion.
Continue reading: SIAA achieves a written award of $ 9.1 billion
The group also reported in a press release that 2020 will be the sixth straight year that total premium growth of $ 700 million or more has been in effect.
Last year the SIAA signed 527 independent agents, an increase of 14.8% from 2019. Over the past five years, the SIAA has had an average of 493 new member agencies.
SIAA currently has 30 national strategic partner companies and 48 strategic master agencies.