This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Paychex Insurance Agency Ranks 25 On Top 100 List Of U.S. Insurance Firms

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:

“As health care reform continues to be top of mind for America’s businesses, Paychex Insurance Agency can provide business owners with the information and support they need to understand the obligations they face as key provisions begin to take effect in 2014,” added Hill. “Through our integration of insurance and payroll data, we are able to deliver comprehensive solutions that help employers prepare for and respond to health care reform.”

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.

For the latest from the Paychex Insurance Agency on health care reform, visit http://www.paychexinsurance.com/healthcarereform. For more information on integrated health care reform solutions available through Paychex and Paychex Insurance Agency, visit www.paychex.com/health-reform.

To learn more about Paychex Insurance Agency, visit www.paychexinsurance.com.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers' compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 570,000 payroll clients as of May 31, 2013. For more information about Paychex and our products, visit www.paychex.com.

Stay Connected with Paychex

Twitter: www.twitter.com/paychex

Facebook: www.facebook.com/paychex

LinkedIn: www.linkedin.com/company/paychex/products



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs