SIAA posts record written premium in 2020

It continues its growth streak from the previous year

SIAA posts record written premium in 2020

Insurance News

By Lyle Adriano

Despite the pandemic, 2020 was a good year for Strategic Insurance Agency Alliance (SIAA).

The independent insurance agent network revealed that for 2020, it recorded a total in-force premium of $9.6 billion; the figure represents an increase of 7.9% from 2019.

The group also reported in a release that 2020 is the 6th year in a row where it had total in-force premium growth worth $700 million or more.

Last year, SIAA signed 527 independent agents, an increase of 14.8% from 2019. Over the past five years, SIAA averaged 493 new member agencies.

At present, SIAA maintains 30 national strategic partner companies and 48 strategic master agencies.

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