Towne Insurance announced they are now ranked 48th of the Top 100 Brokers of U.S. Business by Business Insurance magazine, published July 2020, rising three spots from the previous year. With this ranking the agency maintains its position in the top 1% of more than 45,000 independent insurance firms in the nation.
In August 2020, Towne Insurance was also ranked 34th of the Top 100 Property and Casualty Agencies in Insurance Journal magazine. Reporting a total property and casualty revenue of $60,211,621 the company again moved up from the previous year’s ranking. In addition, Insurance Journal magazine ranked TowneBank sixth in insurance brokerage fee income among the top 20 bank holding companies.
“It is an honor to be named to Business Insurance magazine’s Top 100 Brokers of US Business for the eighth consecutive year. The continued success of our organization is a direct result of the talent, hard work, and dedication of our team of employees as well as the loyalty of our members who have been part of our success for many years. I am as proud of the work they do each day, as I am of this achievement,” said Dudley Fulton, President, and CEO of Towne Insurance.