Moving Up, Again: Paychex Insurance Agency No. 21 on List of Top 100 U.S. Firms

By a News Reporter-Staff News Editor at Insurance Weekly News -- Paychex Insurance Agency, Inc., a wholly owned subsidiary of Paychex, Inc., ranked number 21 on Business Insurance magazine's 2017 list of the Top 100 Brokers of U.S. Business, up two spots from its number 23 ranking in 2016. In the agency's seventh appearance on the list, it once again ranks as one of the fastest-growing agencies in the nation. Business Insurance, the leading trade magazine for the commercial insurance industry, annually ranks agents and brokers based on revenues generated by U.S.-based clients.

"We are honored to again be recognized as one of the top insurance firms in the U.S.," said Kevin Hill, Paychex vice president of insurance and HR services. "This achievement is a reflection of our best-in-class agents who continue to deliver comprehensive and customized solutions to meet the evolving needs of business owners and their employees. It's also a testament to our unique business model and ability to deliver value to our clients through an integration of insurance and payroll data that is unrivaled in the marketplace."

With property and casualty offerings foundational to the firm's success, Paychex Insurance Agency experienced year-over-year revenue growth of more than 21 percent, according to the 2017 Business Insurance listing. In addition, the agency continues to help America's small and mid-size business owners offer affordable health insurance coverage to their employees.

"Property and casualty continues to be an area of strong growth for Paychex Insurance Agency, but we can also attribute much of this past year's success to our expertise in the health care arena," Hill added. "No one knows exactly what the future holds in terms of health care law in the United States. What we can say with certainty is that we're committed to helping our clients stay informed and navigate regulatory change so they're best positioned to offer value-rich health benefits to their employees and avoid penalties."

Keywords for this news article include: Paychex Inc.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC