Paychex Insurance Agency Ranks 28 On Top 100 List Of U.S. Insurance Firms

Paychex Insurance Agency, a wholly owned subsidiary of Paychex, Inc., ranks number 28 on Business Insurance magazine’s 2012 list of the Top 100 Brokers of U.S. Business. This marks the agency’s second appearance on the list, up from number 30 last year. In its annual list, Business Insurance, the leading trade magazine for the commercial insurance industry, ranks agents and brokers based on revenues generated by U.S.-based clients.

“It’s a tremendous honor to see the Paychex Insurance Agency ranked among these industry leaders,” said Kevin Hill, Paychex vice president of insurance and HR Solutions services. “With revenues of $92.3 million, and more than 24 percent year-over-year growth from this time last year, the advancement of the Paychex Insurance Agency is a testament to our unique business model, our exceptional customer service, and talented workforce.”

Paychex Insurance Agency, serving over 100,000 clients, is a full-service agency offering flexible, scalable insurance solutions for business owners and their employees. Insurance services include:

• Group Health Insurance, including:
  • Medical and Dental
  • Life
  • Disability
  • Voluntary Benefits
• Property and Casualty Insurance, including:
  • Workers’ Compensation Insurance
  • Business Owner’s Policies
  • General and Umbrella Liability
  • Directors and Officers Liability
  • Employment Practices Liability
  • ERISA Bonds

The Paychex Insurance Agency primarily focuses on the needs of America’s small- and medium-sized businesses and is uniquely positioned in the industry with the ability to use the latest technology to seamlessly integrate with Paychex payroll, significantly streamlining insurance administration. The agency currently works with more than 150 national and regional insurance carriers to design services that make insurance more affordable.

“As the country’s businesses continue to navigate through the ever-changing regulatory landscape, especially in light of health care reform, the Paychex Insurance Agency will continue to be an essential partner to them—offering products and services that help meet critical business objectives and better serve employees,” added Hill.

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