COMBINED AGENTS OF AMERICA
CAA Press Releases
CAA Welcomes Pinnacle Insurance Group Inc.
Expands Membership to Waco Area
Austin, TX, July 6, 2004 –Combined Agents of America, LLC (CAA) is proud to announce Pinnacle Insurance Group Inc., Waco, TX, as its twenty-ninth member, and first agency in the Waco area. CAA is a managing general agency (MGA) committed to strengthening the independent insurance agency system through profitable growth, quality and service for its member agencies.
“Pinnacle Insurance Group is a perfect fit for CAA because the agency shares our goals of aggressive growth, access to the most competitive markets, and a desire to share expertise among a group of professional independent agents,” said Jim Whorton, CAA chairman and president of Whorton Insurance Services, Austin, TX. “CAA membership gives Pinnacle the added edge to compete and grow in the Waco market.”
Pinnacle Insurance Group was founded August 2003 by Wayne Peel, CIC, CPCU. The agency provides coverage across both commercial and personal lines, including group medical and life insurance. Its primary carriers include: Safeco, Encompass, EMC Insurance, The Republic Group, Texas Mutual, Zurich, Hanover and Great American. Peel previously served as president of a separate Waco insurance agency before starting Pinnacle Insurance Group where he is the sole owner.
“Our desire to join CAA was driven by the opportunity to associate professionally with top tier, Texas based agencies as well as the prospect to aggregate premium written by my agency with other CAA members’ volume,” said Wayne Peel, CIC, CPCU, owner of Pinnacle Insurance Group Inc., Waco, TX. “We are excited to be a part of CAA and look forward to becoming the best agency possible for our clients, employees and carriers.”
About Combined Agents of America, LLC
Founded in 1997 Combined Agents of America, LLC (CAA) is based in Austin, Texas, and comprised of 29 independent insurance agencies located throughout the state. By funneling the agencies’ combined premiums, CAA brings larger volume commitments to insurance companies, while enabling its members to greatly improve their bottom line and realize greater benefits from insurance companies, vendor discounts, profit sharing and other incentives. To date, CAA has generated over $300,000,000 in combined property and casualty annual premiums, and works with 16 of the largest insurance companies in the nation. All CAA member agencies remain independent and are recognized by insurance companies as a key component to their future growth and goal commitments. CAA is the leading independent agency with many of the top rated insurance companies in Texas, and is also one of the fastest growing. Additional information is available at www.combinedagents.com.
CAA member agencies include: Bartlett, Baggett & Shands, Benchmark Insurance Group, Benton-Luttrell-Brown Company, Bigham-Kliewer-Chapman-Watts Insurance Agency, Bosworth & Associates, Brownrigg Insurance Agency Inc., Crockett Insurance Services, Duncan, Fraser & Bridges Insurance Agency Inc., Evans, Ewan & Brady Insurance Agency Inc., First Insurance Services, First Southwest Insurance Agency, GBS Insurance Agency Inc., Gilmore Insurance Agency Inc., Gosling & Sachse, Grona Boles Insurance Agency Inc., Insurance Associates of Texas, Insurance Net Inc., JHC Insurance Agency Inc., J. S. Edwards & Sherlock Insurance Agency, McCorkle Commercial Insurance Agency, Mims & Stephens, Henry Norris Insurance Agency Inc., Pinnacle Insurance Group Inc., Purifoy & Company, Bill Russell Insurance Agency Inc., The Shropshire Agency Inc., Weatherby-Eisenrich Inc., Ed Weeren Insurance Agency Inc., and Whorton Insurance Services.
Pinnacle Joins Combined Agents of America
July 7, 2004
Combined Agents of America LLC, based in Austin, Texas, announced that Pinnacle Insurance Group Inc., Waco, is its newest member and the first member agency from the Waco area.
Link to rest of Insurance Journal's Article.
For more information go to CAA's website.