Page 2 - SIAA Annual Report 2015 Continuous
P. 2
2015 was another banner year for
the SIAA Team in numerous ways, as we:
Celebrated our 20th year of successfully executing our national
business model
�Reached the milestone of $6 Billion of in-force written premium
S� igned over 400 new Member Agencies for the 7th consecutive
year; we now have signed more than 5,700 Member Agencies
since our inception
Have now helped to create over 3,400 new independent
insurance agencies
Although these accomplishments are The SIAA Training and Learning Center (TLC)
significant, it’s the big picture they translate has over 1,000 users accessing training
into that is the result of our hard working and materials, with high use by many start-up
very experienced team! Along with our 48 agencies new to the Independent Insurance
Master Agencies nationwide, SIAA has created Agency ranks, as the TLC materials provide
the largest, and truly unique, alliance of important industry educational and informational
independent insurance agents in the country. opportunities to help them succeed.
Strong relationships with Strategic Partners, All of these initiatives help drive our entire
with an emphasis on Organic Growth, enables organization to the numbers outlined above
us to provide our Member Agencies with and throughout this report, ultimately resulting
access to some of the most competitive in increased sales, retention, income and
insurance companies in the world, empowering value for our Member Agencies. These results
those agencies to compete with any size also translate into additional success for our
agency in their markets. As an Integrator, SIAA Strategic Partner Companies, further bolstered
generates profitable premium and quality by the fact that our overall growth is mainly
relationships between our Member Agencies fueled by organic growth and not acquisitions.
and Strategic Partners. There is no model
like ours in the entire insurance industry. On behalf of our entire SIAA team, I’d like
to thank our Member Agencies, Master
We continue to expand our marketing Agencies, and Strategic Partners for their
support for website development, mobile partnership and roles in propelling SIAA
apps, and social media. Business Insurance into the successful business model -with
Advantage (BIA), developed to assist Member outstanding results - that it is today.
Agencies write more small commercial lines
business, has really gained momentum Jim Masiello
as evidenced by the significant number
of Member Agencies participating and Chair & Chief Executive Officer
the amount of new business written.