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 companies throughout 48 states, writing greater than $2.5 billion in premium. The company community welcomes companies 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 lately chatted with IBA about what the community brings to the desk for its companies.

“Iroquois is the proper community for companies that wish to develop their enterprise and enhance their monetary returns whereas staying impartial,” Department stated. “Now we have over 50 caring, educated advisors within the area whose sole job is to fulfill with our members one-on-one to seek out one of the best mixture of markets, assets and methods to assist them develop stronger. Our monitor file is enviable – we’ve constantly delivered worthwhile development 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 area operations Matt Ward instructed 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 provider counterparts to ship outcomes,” Ward stated.

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

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

Try the remainder of IBA’s 5-Star Networks and Alliances right here.

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