December 14, 2018 – Hampton, N.H. – SIAA (Strategic Insurance Agency Alliance) today announced that three master agencies are celebrating notable anniversaries with its alliance.
“We are thrilled with the three master agencies who are celebrating anniversaries in the second half of 2018. The people behind each master agency are critical to the success of the SIAA organization,” said Matt Masiello, SIAA’s Chief Executive Officer.
Hudson Valley Agency Alliance of New York is celebrating 20 years with SIAA and has 81 members. Tague Alliance Insurance Services of California is celebrating 15 years with SIAA and has 110 members. Mountain Empire Agency Alliance of Tennessee is celebrating 10 years and has 131 members. SIAA now has a total of 48 master agencies, which have signed more than 13% of the independent agency market as member agencies across the continental United States.
The SIAA master agency model was created in 1983. Today, SIAA is the largest alliance of independent insurance agencies in the country. In 2017, SIAA’s master agencies generated $810 million in new business for more than 20 strategic partner companies. SIAA projects $8 Billion of total in-force premium at the end of 2018.
“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,” said Masiello. “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.”
SIAA (Strategic Insurance Agency Alliance) is a national alliance of independent insurance agency members generating hundreds of millions in new premium business annually. SIAA is dedicated to the creation, retention and growth of the independent insurance agency distribution system.