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CAA Grew its Book of Business by 20% in 2011

 
 

Texas-Based Insurance MGA Wrote $505 million in 2011

AUSTIN, Texas, Feb. 29, 2012 /PRNewswire/ -- Combined Agents of America, LLC (CAA) continued its trend of record growth by writing more than $505.8 million in property and casualty premiums in 2011. CAA experienced more than 20.5% growth in written insurance premium in 2011 compared to the $419.9 million it wrote in 2010. CAA also generated more than $67 million in revenue in 2011.

(Logo:  http://photos.prnewswire.com/prnh/20110627/DA26292LOGO)

CAA is a closed managing general agency committed to strengthening the independent insurance agency system through profitable growth, quality and service with members located in Texas, Kansas and Oklahoma.

CAA's three new members in 2011 accounted for 12.5% of the increase, while approximately 8% came from organic growth, especially in niche areas like oil and gas.

"Like the rapid growth we saw in 2011, as CAA continues to establish key relationships with our carrier partners and expand our reach geographically in Texas, Kansas and Oklahoma we expect continued record setting growth in 2012 for our group of agency partners," says Lloyd Eisenrich CAA President, and President of The Weatherby-Eisenrich Inc. in Andrews, Texas.

CAA grew with three new three members in 2011, including Elliott Insurance Group (EIG) in Louisburg, Kansas, and HC&H Insurance Group, LLC in Denton, Texas, and NTX Insurance Group, Inc., a group of seven professional independent insurance agencies spread across North Texas.

HC&H Insurance Group, LLC is an independent insurance agency that serves Denton, Cooke, Collin, Grayson and Wise counties in North Central Texas. Based in Denton, Texas, HC&H Insurance provides superior client service and professional insurance programs for all segments of the insurance marketplace. URL: www.hutchinsure.net

Elliott Insurance Group (EIG) is a full service, independent insurance agency based in Louisburg, Kansas. Founded in 1974, EIG provides tailored insurance solutions to clients in and around Kansas City, Paola, Overland Park, Shawnee, and Lenexa, Kansas, and Kansas City and Independence, Missouri. URL: www.elliottinsurancegroup.com

NTX Insurance Group consists of a group of seven professional independent insurance agencies that specialize in providing high quality property and casualty insurance products for their clients in the North Texas area, specifically in Kilgore, Dallas, Richardson, Plano, Lewisville and Gilmer. The agency also specializes in oil and gas coverage. URL: http://www.ntxinsgroup.com

About Combined Agents of America, LLC

Founded in 1997, Combined Agents of America, LLC (CAA) is based in Austin, Texas, and is comprised of 47 independent insurance agencies located throughout Texas, Oklahoma and Kansas. By funneling the agencies' combined premiums, CAA brings larger volume commitments to insurance companies, while empowering its members to realize greater benefits from insurance companies, vendor discounts and other incentives. In 2011, CAA generated more than $505 million in annual premiums, and currently works with 18 of the largest US insurance companies. All CAA member agencies remain independent and are recognized by insurance companies as a key component to their future growth and goal commitments. Additional information is available at www.combinedagents.com.

CAA member agencies include: Aars & Nelson Insurance Agency, Barnard Insurance Agency, Bartlett, Baggett & Shands, Benchmark Insurance Group, Benton-Luttrell-Brown Company, Bigham-Kliewer-Chapman-Watts Insurance Agency, Bibby-Brilling & Associates, BRIA Insurance & Risk Consultants, Bridges Group Inc., Bosworth & Associates, Bryan Insurance Agency Ltd., Brownrigg Insurance Agency Inc., Cravens-Warren & Co., Crockett Insurance Service, Duncan-Fraser & Bridges Insurance Agency Inc., Ed Berrong Insurance Agency, Ed Weeren Insurance Agency Inc., EFGI Insurance & Bonds LLC, Elliott Insurance Group, Evans-Ewan & Brady Insurance Agency Inc., First Insurance Services, First Texas Insurance Services LC, Henry Norris Insurance Agency, Inc., HC&H Insurance Group, Garrett Insurance Agency, Inc., GBS Insurance Agency Inc., Grona Boles Martin & Bloxsom Insurance, Hill County Insurance Agency, Insurance Associates of Texas, Insurance Net Inc., JHC Insurance Agency Inc., J. S. Edwards & Sherlock Insurance Agency, McCorkle Commercial Insurance Agency, Mims & Smith, Mr. Insurance Agency, Inc., NTX Insurance Group, Inc., Pierson-Fendley Insurance, Pinnacle Insurance Group Inc., Porter Insurance Agency Inc., Purifoy & Company, The Shropshire Agency Inc., Siegeler Insurance Agency, Inc., Walthall-Sachse & Pipes, Inc., The Weatherby-Eisenrich Inc., Wellmann Insurance Agency, Inc., Western Insurance Agency, and Whorton Insurance Services.

Press Contact:
Courtney R. Holder
Tel: (512) 627-0779
courtney@combinedagents.com

SOURCE Combined Agents of America, LLC

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RELATED LINKS
http://www.hutchinsure.net
http://www.elliottinsurancegroup.com
http://www.ntxinsgroup.com
http://www.combinedagents.com