JACKSONVILLE, Fla., Aug. 17, 2016 /PRNewswire/ -- With Inc. magazine's release today of the 2016 Inc. 5000, Brightway Insurance, the Jacksonville-based national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country, has again been named one of the fastest-growing private companies in America.
The company has received this distinction every year since they began franchising operations in 2008.
The ranking is developed using each privately held company's three-year growth rate, along with 2015 revenue. In the three-year period Inc. evaluated, Brightway grew 53 percent and finished 2015 with revenue of $395.1 million.
"We are delighted to be on the list again and, most importantly to us, we are thrilled to be the only property/casualty insurance agency franchisor on the list," said David Miller, Brightway chairman and founder. "We are proud that we have built a system that provides our Agency Owners with the most comprehensive system of support and that we are in complete alignment with them; we only win when they win, so this is a true business partnership."
Brightway is the seventh largest privately held Personal Lines agency in the U.S.
In 2015, the company was named the nation's No. 1 Franchise to Buy in the U.S. by Forbes. In 2016, the company was 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.
Consumers wanting more information about buying a policy from a Brightway agency can go to brightway.com. Those interested in joining the Brightway team as an Agency Owner can visit brightwaydifference.com.
SOURCE Brightway Insurance