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Home > Retirement & Estate Planning > Brightway Insurance garners spotlight for size, growth

Brightway Insurance garners spotlight for size, growth

Posted on: July 19, 2017 By: Insurance Updates

JACKSONVILLE, Fla., July 20, 2017 (GLOBE NEWSWIRE) — Brightway Insurance has been recognized by Florida Trend and the Jacksonville Business Journal for being one of the 225 largest privately held Florida-based companies and for overall sales revenue growth from 2014-2016, respectively, the company announced.

The Jacksonville-based national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country has experienced an annual growth rate of 39 percent since it got its start in 2008.

The company has received recognition from Florida Trend as one of the largest privately held Florida-based companies every year since 2011 making 2017 the seventh year in a row Brightway has made the list. This year, the company ranked #118.

Today, during an awards luncheon, the Jacksonville Business Journal recognized Brightway as one of the Fastest Growing Companies in Northeast Florida for the ninth consecutive year. Brightway is one of only 10 companies the Business Journal named to its Fast 50 list for revenue growth by volume (vs. percentage).

“When we first started out as an Independent Insurance Agency with a few offices in Jacksonville, we decided our concept was not just a local business but rather an idea the market had not realized. So, in 2008, we decided to build a brand around the customer experience and franchise our model,” said Brightway Founder and Chairman David Miller said.

Miller recently garnered recognition when Franchise Business Review named him to its 2017 list of Top Franchises Leaders. He is one of only 41 leaders selected among hundreds of franchise brands.

“By being transparent and aligning business decisions on what is best for the customer and the franchise owner, we’ve realized growth and success that exceeds what we had ever imagined possible,” Miller added. “So far this year, we’ve expanded into five new states and grown annualized written premium by $30 million.”

About Brightway Insurance

Brightway Insurance is a national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country. With more than $466 million in annualized written premium, the company is one of the largest property/casualty independent insurance agencies in the United States.

Brightway began franchising operations in 2008 and has since grown to more than 700 people in 16 states serving customers in all 50 states. Forbes has recognized the company as America’s No. 1 Franchise to Buy. Additionally, the company was named a top franchise three years in a row by Entrepreneur magazine and one of the fastest-growing private companies in America nine consecutive years by Inc. 5000. People wishing to learn more about Agency Ownership with Brightway may visit BrightwayDifference.com and find us on LinkedIn. Consumers seeking a better insurance buying experience may visit Brightway.com and find us on Facebook.

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Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/cbf03f77-dbfc-47dc-b55a-eb5267d2c66f

Courtney HeidelbergBrightway Insurance904-405-1883courtney.heidelberg@brightway.com

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