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HomeInsurance Business AmericaHow Armada Threat Companions managed to thrive by way of powerful instances

How Armada Threat Companions managed to thrive by way of powerful instances

Since its founding in 2015 by Ed McNamara and Ed Purcell, Armada Threat Companions has tripled its income whereas sustaining overhead prices. The corporate thrived even in a time of disaster, rising its income even through the COVID-19 pandemic. That success helped Armada Threat Companions earn a slot on IBA’s 2022 Quick Brokerages checklist.

Armada Threat Companions boasts a workforce of skilled property and casualty, well being and advantages, and personal danger producers, brokers and managers. Armada’s workforce members have served at a few of the largest brokers and carriers within the trade. They joined the corporate to have the chance to raised serve shoppers as a valued companion, Armada stated.

The agency’s major focus is to defend firms and their workers from catastrophes by offering insurance coverage merchandise and providing distinctive development methods. Armada’s workers keep a selected core focus to finest align the corporate’s strengths with its shoppers’ objectives, the corporate stated. Armada workforce members perceive their shoppers’ danger administration targets and construction personalized insurance coverage packages by way of a consultative course of.

Based mostly in Cleveland, Ohio, and Southland, Mich., Armada Threat Companions’ mission is to foster trusted partnerships with its shoppers, mitigate dangers that may have a detrimental influence on their enterprise, and assist them develop.

Learn subsequent: Insurance coverage Enterprise reveals America’s quick brokerages for 2022

IBA’s Quick Brokerages checklist acknowledges companies that didn’t merely survive the impacts of the COVID-19 pandemic, however really thrived. The checklist consists of brokerages that skilled greater than 20% development in income quantity over the previous two years. A complete of 23 brokerages made the ultimate checklist this yr.

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