Towne Insurance ranked among largest

Published 9:29 pm Thursday, August 17, 2017

Towne Insurance was ranked 59th by Business Insurance magazine amongst the Top 100 Largest Brokers of U.S. Business in the July 2017 issue.

The agency climbed nine spots from the 2016 ranking and continues to maintain its position in the top 1 percent of more than 45,000 independent insurance firms in the nation for the fifth consecutive year. This ranking was based on 2016 brokerage revenue, where Towne Insurance showed a 14.6-percent increase over the previous year.

“It is an honor to be again be recognized in this prestigious report,” said Dudley Fulton, Towne Insurance president and chief executive officer. “This ranking is a direct reflection of the team of dedicated professionals who deliver best-in-class risk management solutions to our members throughout Virginia and North Carolina.”

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This annual ranking, which has been published for more than 46 years, delivers critical information to insurance buyers. It provides insights into trends shaping customers’ risk management and employee benefits challenges and service needs, as well as a market leader benchmark for peer comparison.