Paychex Insurance Agency, a wholly owned subsidiary of Paychex, Inc., ranks number 25 on Business Insurance magazine’s 2013 list of the Top 100 Brokers of U.S. Business, up from the number 28 spot last year. In the agency’s third appearance on the list, it ranks as one of the fastest-growing agencies in the nation. 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.
In addition to ranking in the top 25 overall, Paychex Insurance Agency ranks second in the category of largest U.S. benefits specialists, up from number three last year.
“Ranking among the top 25 U.S. firms is an honor and a testament to our expert, professional insurance agents who continue to develop modern solutions to the increasingly complex insurance needs of business owners and their employees,” said Kevin Hill, Paychex vice president of insurance and HR Solutions services. “It also speaks to our unique business model and ability to deliver value to our clients through the integration of insurance and payroll data that is unrivaled in our market space.”
With year-over-year growth of just under 20 percent, Paychex Insurance Agency surpassed $100 million in annual revenue in 2012. The overall growth of the agency was accomplished through significant growth of the property and casualty insurance business in 2012.Paychex Insurance Agency, serving more than 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
- Voluntary Benefits
- Property and Casualty Insurance, including:
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