CAA Produces Over $410 Million in 2009
Combined Agents of America Announces Record Premium and Revenue Growth in 2009
AUSTIN, Texas, Feb. 16 /PRNewswire/ -- Today, Combined Agents of America, LLC (CAA) announced it achieved over $410 million in combined property and casualty premiums and over $53 million in revenue for 2009. With expansion into Oklahoma and Kansas in 2009, Texas-based CAA is a managing general agency (MGA) committed to further expansion across the country to strengthen the independent insurance agency system through profitable growth and exceptional service for its member agencies.
"To grow from approximately $375 million in 2008 to over $410 million in 2009 during an uncertain economy is an incredible accomplishment and a testament to the benefits of CAA membership," said Bill Bridges, CIC, CAA chairman and executive vice-president of Duncan, Fraser & Bridges in Pampa, Texas. "Alongside premium growth, CAA experienced rapid member growth with the addition of seven new agencies in 2009. Our members are looking forward to another year of exceptional growth in 2010."
About Combined Agents of America, LLC
Founded in 1997 Combined Agents of America, LLC (CAA) is based in Austin, Texas, and is comprised of 44 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.
CAA works with 18 of the largest insurance companies in the nation. CAA placed 18th nationally in the Insurance Journal's Top 100 Property and Casualty Agencies in 2009. 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, 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 LCC, Evans-Ewan & Brady Insurance Agency Inc., First Insurance Services, First Texas Insurance Services LC, Henry Norris Insurance Agency, Inc., 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, Lake Insurance Agency, Inc., McCorkle Commercial Insurance Agency, Mims & Smith, Mr. Insurance Agency, 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: |
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Courtney R. Holder |
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Tel: (512) 627-0779 |
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SOURCE Combined Agents of America, LLC
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