Renaissance Alliance, the nation’s premier network for independent insurance agencies, has been appointed by Progressive Casualty Insurance Company.
The agreement expands Renaissance’s Personal Lines and Commercial Lines placement options in Connecticut, Florida, Georgia, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island.
As Renaissance works to establish individual agency appointments, Northeast members with existing Progressive appointments will receive Platinum Reserve status with higher direct commissions. Additionally, all profit sharing will be aggregated beginning in 2022, and member agencies will receive a new business bonus on all new personal lines auto policies.
“We’re excited to be partnering with a well-known carrier of Progressive’s stature and reputation among independent agents,” Renaissance Alliance President Bob Bondi said in announcing the appointment to the agency network. “A good number of our agencies can already attest to the value of their relationship with Progressive, and we look forward to empowering our other members with the variety of coverage options now available to them in both commercial and personal lines.”
Chairman and CEO Kevin Callahan added, “Our partnership with Progressive is emblematic of the types of partnerships we continue to forge with top-flight carriers on behalf of our members. We’re thrilled to now be aligned with one of the top writers of Auto insurance in the U.S.”
About Renaissance Alliance:
Renaissance Alliance works with independent property casualty agency owners to grow premium, maximize revenue and increase agency value through increased profit sharing, guaranteed override revenue and offloading non-revenue generating activities. The net effect is higher revenue, decreased expenses, less operational risk, and accelerated agency growth.