JACKSONVILLE, Fla., June 9, 2016 /PRNewswire/ -- Brightway Insurance, the Jacksonville-based national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country, has been named the largest independent insurance agency in northeast Florida five years running in by the Jacksonville Business Journal. The ranking is based on the number of employees in the area.
The company has been named to the list of largest agencies in northeast Florida every year since 2008, the year the company started franchising operations.
Brightway has 27 agencies in the region and 117 in 11 states throughout the U.S. The agencies' back-office operations are supported by more than 220 employees at the company's Home Office on University Blvd. West.
The number of franchised locations has doubled in the past four years and, to support the company's growth, the number of Home Office employees has nearly doubled in the same period.
Brightway Chairman and Founder David Miller said: "What we are offering is unique in the industry and valued. That's why Forbes named us the #1 Franchise to Buy in the U.S. The support system has helped our agencies grow premium an average of 14 percent a year since 2008. Already in 2016 we've grown from $395 million in annualized premium written to $411 million by June 3."
In addition to being the largest agency in Jacksonville, Brightway is the nation's seventh largest privately held Personal Lines insurance agency in the country.
In 2015, the company was named the nation's No. 1 Franchise to Buy in the U.S. by Forbes and was named 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, to Franchise Gator's list of the 50 Fastest Growing Franchises, a Top 100 Overall Franchise by franchiserankings.com and the company was named a Bond's Top 100 Franchise by World Franchising for the fourth year in a row.
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SOURCE Brightway Insurance