Estrella Insurance Reports Record-Breaking Growth in 2021 - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
December 10, 2021 Newswires
Share
Share
Post
Email

Estrella Insurance Reports Record-Breaking Growth in 2021

PR Web

MIAMI (PRWEB) December 10, 2021

Estrella Insurance (Estrella), a leading property and casualty insurance agency franchise, crossed the $500 million mark in system wide premiums for the first time in the company's nearly 40 year history, and continues to build upon a growing sales track record. The impressive growth underscores the Estrella franchise network's adaptability to a rapidly changing business environment despite the headwinds faced in response to the global pandemic.

"At Estrella, the success of our franchisees always comes first," said Nicolas Estrella Jr., CEO of Estrella Insurance. "From the onset of the pandemic to now, we've been by their side every step of the way, helping them navigate unprecedented challenges while seizing on tremendous new opportunities for growth. Insurance coverage is non-negotiable and that's why Estrella has remained a pandemic-resistant, and even recession-resistant, business opportunity for aspiring entrepreneurs."

The roadmap for Estrella's continued growth includes the constant investment in building Estrella as a data-driven organization focused on a simple, easy, and cost-effective consumer insurance portfolio. By truly understanding the levers that drive the insurance business, its customers, the trends, buying habits and ROI metrics, Estrella has experienced strong double-digit growth of more than 15% in premiums in 2021 while expanding the franchise network. The brand has awarded more than 25 territories this year to develop units in markets such as Florida, Southern California, Phoenix, and more, while opening nearly 20 new locations across the country.

Since its inception more than 40 years ago and franchising since 2008, Estrella has grown into one of the most trusted independent, family-owned and operated franchised insurance agencies. Today, the brand has more than 175 locations across Florida, California, Arizona, Colorado, and Texas. From initial inquiry, to opening, and beyond, Estrella provides its network of franchisees continual support and training designed to maximize income potential and profitability. Strong relationships with most major insurance companies and superior marketing in both Spanish and English across digital, TV, radio and outdoor provides Estrella franchisees with the ability to insure more people regardless of their personal situation while keeping premiums low.

"With our rapid growth and recent innovations, it really is an exciting time to be a part of Estrella," said Jose Merille, President of Estrella Insurance. "We've had another very strong year and as we continue to scale the brand, we look forward to providing our franchise partners with even more tools and resources to maximize their success. There is a lot more to come in 2022."

About Estrella Insurance

Estrella Insurance is a property and casualty insurance franchisor based in Miami, Fla. Estrella has become a trusted leader among consumers and insurance companies by providing simple, easy, and cost-effective insurance solutions across its auto, home, commercial, business, life, and health insurance portfolios. Today, Estrella has more than 175 offices across the U.S. and is consistently ranked as a top franchise opportunity and recognized as an invaluable resource for potential franchisees. The proven business model allows owners to focus directly on customer support and community engagement. For more information on franchise ownership, visit estrellafranchise.com.

Read the full story at https://www.prweb.com/releases/estrella_insurance_reports_record_breaking_growth_in_2021/prweb18386647.htm


Older

AM Best Revises Outlooks to Stable for AzRe Reinsurance, OJSC; Affirms Credit Ratings

Newer

AM Best Affirms Credit Ratings of National Insurance Company

Advisor News

  • How smart investments prepare clients for inflation
  • Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
  • The biggest risk to your clients’ financial plans isn’t market volatility
  • Initiative looks at how caregiving impacts workplace benefits
  • Will rising retirement needs spark an annuity boom?
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity News

Health/Employee Benefits News

  • Final rules for Medicaid work requirements are out. Here's what you need to know.
  • Final rules for Medicaid work requirements are out. Here's what you need to know.
  • Hyde-Smith blasts health care delays
  • WNY health insurers seek rate hikes of 9% to 24% for 2027
  • Healthcare now costs more than mortgages
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
  • Fidelity Investments® to Expand Target Date Lineup With Launch of Guaranteed Income Solution
  • KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet