Iroquois Group’s “virtuous cycle” | Insurance coverage Enterprise America

Since its founding almost half a century in the past, the Iroquois Group has grown to incorporate greater than 2,500 impartial businesses throughout 48 states, writing greater than $2.5 billion in premium. The company community welcomes businesses with $2 million to $200 million in premium.

The Iroquois Group’s continued success landed it on Insurance coverage Enterprise America’s record of 5-Star Networks and Alliances for 2023. Iroquois Group CEO Laurie Department not too long ago chatted with IBA about what the community brings to the desk for its businesses.

“Iroquois is the right community for businesses that wish to develop their enterprise and enhance their monetary returns whereas staying impartial,” Department mentioned. “We have now over 50 caring, educated advisors within the subject whose sole job is to fulfill with our members one-on-one to search out one of the best mixture of markets, sources and methods to assist them develop stronger. Our monitor report is enviable – now we have constantly delivered worthwhile progress to our carriers and superior compensation to our members for 46 years.”

Iroquois divides its operations into six areas: Northeast, Mid-Atlantic, South, Midwest, Northwest and Southwest. Iroquois Group head of subject operations Matt Ward informed IBA that the community’s regional managers are “a key differentiator” between Iroquois and different company networks.

“The RMs are well-versed in every company they handle and are dedicated to partnering with their service counterparts to ship outcomes,” Ward mentioned.

Iroquois members with good service efficiency can earn extra bonus/contingency earnings than they might on their very own, Ward mentioned. That, in flip, creates an incentive for company members to ship extra worthwhile progress to the group’s service companions.

“It’s a virtuous cycle that now we have nurtured for the previous 40-plus years,” Ward mentioned.

Take a look at the remainder of IBA’s 5-Star Networks and Alliances right here.

Have one thing to say about this story? Tell us within the feedback beneath.