SIAA posts record written premium in 2020

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SIAA messages document created costs in 2020

Regardless of the pandemic, 2020 was a great year for Strategic Insurance policy Firm Partnership (SIAA).

The independent insurance policy representative network exposed that for 2020, it tape-recorded an overall in-force costs of $9.6 billion; the number stands for a rise of 7.9% from 2019. In 2019, the representative partnership published $9.1 billion in overall written costs.

Find Out More: SIAA hits $9.1 billion in written premium

The team additionally reported in a launch that 2020 is the sixth year straight where it had overall in-force costs development worth $700 million or even more.

In 2015, SIAA authorized 527 independent representatives, a rise of 14.8% from 2019. Over the previous 5 years, SIAA balanced 493 brand-new participant firms.

Presently, SIAA keeps 30 nationwide calculated companion firms and also 48 calculated master firms.

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