LADERA RANCH, Calif. – September 9, 2022 – ALKEME, one of the nation’s top retail insurance platforms, is proud to announce it has been recognized as one of only five 5-Star Brokerages by Insurance Business America.
Insurance Business America looked at 11 different criteria, including revenue, policies written, number of clients and profit margin to distinguish their top five in California. ALKEME’s 15% annual growth rate in such a tough environment was one of the key factors that set it apart from many other brokerages in California.
“We are honored to be recognized as one of the top five brokerages in California” said Curtis Barton, CEO of ALKEME. “This honor really highlights our commitment to doing business in one of the more regulated states, as well as being a testament to our unique growth platform and attention to customer service.”
To be eligible, brokerages were required to have three or more brokers and an office in California. Each brokerage was then ranked according to 11 criteria: revenue, revenue growth, revenue per broker, new broker growth, number of clients, number of new clients, client growth, new clients per broker, policies written, policy growth, and profit margin.
Brokerages were ranked according to each of the above criteria, and all of the rankings were then added together. IBA’s ranking system rewards brokerages based on business per broker rather than critical mass, which ensures that the best brokerages stand out regardless of size.
To see the original article, please visit Insurance Business Magazine here.
ABOUT ALKEME
ALKEME helps insurance brokerages realize sustainable growth and success through the creative use of innovation, shared services, consultation, and marketing. Our proven methodology, unmatched expertise, and externally validated results have quickly propelled us into the top-100 privately held insurance agencies in the US. Partners across the country rely on ALKEME’s proven platform coupled with experience, resources, and long-term perspective to help them realize sustainable growth and success in a rapidly modernizing insurance world. Based in Ladera Ranch, CA, and backed by GCP Capital Partners, ALKEME serves thousands of clients with a wide range of offerings including P&C, Benefits, Surety, Risk Management and Financial Services.