SIAA master agencies celebrate milestones

Three of the alliance’s master agencies are observing significant anniversaries

SIAA master agencies celebrate milestones

Insurance News

By Ryan Smith

SIAA (Strategic Insurance Agency Alliance) has announced that three of its master agencies are celebrating significant anniversaries with the alliance.

“We are thrilled with the three master agencies who are celebrating anniversaries in the second half of 2018,” said Matt Masiello, CEO of SIAA. “The people behind each master agency are critical to the success of the SIAA organization.”

Hudson Valley Agency Alliance of New York is celebrating 20 years with SIAA and has 81 members. Tague Alliance Insurance Services of California has 110 members and is marking 15 years with SIAA. Mountain Empire Agency Alliance of Tennessee has 131 members and is celebrating 10 years with SIAA.

The SIAA master agency model was created in 1983. The alliance now has 48 master agencies, which have signed more than 13% of the independent agency market across the continental US as member agencies.

Today, SIAA is the largest alliance of independent insurance agencies in the country. In 2017, the alliance’s master agencies generated $819 million in new business for more than 20 strategic partner companies, and SIAA projects $8 billion of in-force premium at the end of the year.

“We started with one master agency, SAN Group, to strengthen the independent insurance agent’s business by providing access to some of the best insurance companies,” Masiello said. “We’ve evolved into so much more, and our master agencies are dedicated to their independent agency members and to SIAA, which has paved the way for profitable premium growth, greater access to strategic partner carriers, and quality relationship integration.”

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