Despite the hard market, business conditions for property & casualty independent insurance agencies continue to be favorable with the number of agencies experiencing revenue gains up significantly.
ALEXANDRIA, VA, October 13, 2022— The number of independent insurance agencies has increased and business conditions for agencies remain favorable, according to the 2022 Agency Universe Study. While the majority of agencies experienced increased revenue, that percentage was lower than in the previous study in 2020.
ALEXANDRIA, VA, March 29, 2021—One-quarter of independent insurance agencies report COVID-19 had a significant impact on their operations, revenue and commercial lines customer base, according to the 2020 Agency Universe Study COVID-19 Impact Summary.
ALEXANDRIA, VA, March 29, 2021—The number of independent insurance agencies has remained stable and business conditions continue to improve, although at a slower rate than 2018, according to the 2020 Agency Universe Study.
ALEXANDRIA, Virginia, Oct. 26, 2016—The number of independent insurance agencies has remained stable, and the system as a whole is dynamic as business conditions continue to improve and embrace technology, according to the 2016 Agency Universe Study (AUS).
