Insurance Business America Recognizes Fortified as one of the Top Networks in America
KNOXVILLE, TN — Each year, Insurance Business America publishes a list of the top insurance networks and alliances in the country. Fortified is one of just 15 networks to make this list, earning the title of 2023 IBA 5-Star Network.
How are the winners selected? The success of an insurance alliance or network can only be measured by the satisfaction and success of its members, so Insurance Business America collects feedback from agents and brokers to identify the organizations that are worthy of their recognition. Researchers asked brokers and agents what is most important to them when choosing a network. Next, agents across the country were asked to rank their networks from 1-10 based on the following factors identified by their peers:
- Access to Insurance Companies and Products
- Commissions and Profit Share
- Access to Niche and Non-Traditional Markets
- Marketing Support
- Training and Education
- Administrative Support
- Access to Technology
- Overall Business Consultation
- Perpetuation Planning
- Vendor Discounts
The networks and alliances with the highest average scores were named IBA 5-Star Networks and Alliances.
This award is the icing on the cake for Fortified’s first year. Fortified may be a new name, but they have managed to unite some of the most well-established, highest performing independent insurance agencies in the Southeast.
“To win this award in our first year as an organization is such an honor and an exciting accomplishment. It shows what a meaningful, positive impact joining Fortified has had on each of our agencies,” said Joe Craven, Fortified CEO.
Members of Fortified are given access to new markets, exclusive lines, and an expanded list of carrier partners to help their businesses thrive. Fortified is a community where agents can learn from one another and invest in their future together.
“Members can lean on each other’s expertise and that goes a long way for members that are coming in. We also do a really good job of managing the relationships with the carriers on their behalf,” said Craven.
In just one year Fortified has seen massive growth in terms of membership and business. They have over 1,800 employees across 8 states, $3 billion in premiums, and more than 225,000 clients.
“Fortified is without a doubt a 5-star organization. We only have 1-year under our belt, and we are already among the top networks in the nation, that’s because we have great people on our team. We have a strong foundation to build upon, and I expect to see Fortified on this list for years to come,” Craven continued.
This award is proof that Fortified is a valuable asset for independent agencies and brokers as well as a wise investment for carriers looking to grow their network. If you’re searching for a network that will serve you diligently and produce real results, join Fortified today.