JACKSONVILLE, Fla., March 11, 2016 /PRNewswire/ -- Brightway Insurance, the nation's seventh largest privately held Personal Lines insurance agency, has been named #26 of the Top 100 "Best Overall Franchises" in the U.S. according to FranchiseRankings.com; Brightway is the only independent insurance agency franchisor on the list.
According to FranchiseRankings.com, the franchises evaluated are "those which provide exceptional brand value and profitability." Specifically the ranking measures five criteria: Growth prospect, marketing support, training, ongoing support and value. These criteria are combined into an overall score that determines a company's rank on the listing.
"We are thrilled to be named a Best Overall Franchise and are very proud of the business partnerships we form with our franchisees in the areas FranchiseRankings.com evaluated, along with many others," said Founder and Chairman David Miller. "Everyone at Brightway is dedicated to helping our Agency Owners reach their potential. This means our interests are completely aligned with our Agency Owners' and we provide them with whatever support they need to be successful."
Miller said: "We invented the 'you sell, we service' model more than a decade ago. And, since then, we've never sat still as we built—and continue to build—the most comprehensive independent agency system that gives Agency Owners the greatest opportunities for business success."
About Brightway Insurance
Founded in 2003, the company is now the nation's seventh largest privately held Personal Lines insurance agency in the country. The company has grown from 38 locations in Florida and $36 million in annualized written premium in 2008 to 118 locations in 11 states and over $400 million today.
In 2015, the company was named the nation's No. 1 Franchise to Buy by Forbes and to the Inc. 500 as one of the fastest-growing privately held companies in the country eight years in a row. Most recently, the company has been named to Entrepreneur magazine's 2016 Franchise 500 list for the third year in a row and to Franchise Gator's list of the 50 Fastest Growing Franchises.
SOURCE Brightway Insurance