Insurance Business America (IBA) has released its annual list of top insurance networks and alliances in the US for 2024.
This year’s selection was determined through direct input from agents, who assessed their networks based on key business factors.
IBA’s data showed that commissions and profit-sharing remain the top reasons for agents to affiliate with a network. In 2024, 93% of respondents identified these as the main drivers, a significant increase from 81% in 2023.
IBA conducted a national survey of insurance agents, asking them to evaluate the networks they work with based on a range of performance indicators.
Participants rated their networks on a scale from 1 (poor) to 10 (excellent) across the following categories:
Networks earning an average score of 8 or higher in any single category were awarded a 5-star rating. Those that reached or exceeded the 8-point mark across all categories received the All-Star designation.
Several networks and alliances stood out in this year’s rankings, earning recognition for their performance. The organizations recognized included:
Further details on these networks, including their services and advantages, are available in the IBA special report.
