MONMOUTH JUNCTION, N.J.--(BUSINESS WIRE)--ANE, Agency Network Exchange LLC, announced the addition of four new agency members in New Jersey and Pennsylvania.
ANE welcomed four new agency members totaling $108 million in combined written premium. The addition of these four agencies moves the organization’s collective property casualty written premium amount above $1.1 billion. With an average agency size of $18.3 million, this supports the network’s mission to unite the most successful agents who thrive within a growth-oriented culture.
“We believe the strength of a network relies on quality, period. Each agency benefits from the relationship but, they must also bring value and drive results. Therefore, we continue to outperform the industry with organic growth and profitability,” says Elizabeth Schenk, CEO, ANE.
Given the current state of the insurance industry, interest in the network has reached a new high. Amid a pandemic, ANE has proven their value as an extension of the agency. ANE is entering New York state in the 4th quarter of 2020 and aggressive plans are underway to expand the network’s footprint into two additional states in 2021.
Established in 2009, Agency Network Exchange LLC (ANE) is a regional network of individually owned and operated independent agencies. ANE provides its member agents a platform which fosters growth and increased revenue. With a membership of 60 agencies and property/casualty premiums exceeding $1.1 billion, ANE is currently ranked 11th nationally on Insurance Journal’s list of Top 20 national networks.