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ANE, Agency Network Exchange, Expands into Mid-Atlantic Region
  • USA - English


News provided by

ANE

Apr 10, 2014, 09:00 ET

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(PRWEB) April 10, 2014 -- ANE, Agency Network Exchange, today announced that it is adding resources and staff to expand its network of more than 40 independent insurance agents into Pennsylvania and other mid-Atlantic states. Formerly Consolidated Insurance Agents, ANE also unveiled its new brand and logo, several new exclusive member programs and an online portal for efficient access to these programs.

“Our new name ANE signifies our continued growth and development as the most flexible and innovative model for the next evolution of the independent agency distribution system,” says ANE CEO John Tiene.

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“ANE is building on our mission to help member agents by expanding into new regions, starting with Pennsylvania, and adding exclusive programs and services that help members attract more clients and grow their agencies with truly organic new business,” said John Tiene, chief executive officer, ANE. “Our new name ANE signifies our continued growth and development as the most flexible and innovative model for the next evolution of the independent agency distribution system.”

ANE has grown from just seven members in 2009 to a network of more than 40 independent insurance agencies with over $350 million in controlled premiums. Its members benefit from direct access to markets that help them increase new business and retention, and premium pooling that improves agency profit sharing revenue. In the last three years, ANE has helped its members write more than $25 million in organic new business and will pay more than a million dollars in profit sharing to members this year.

Exclusive Member Programs

ANE is also announcing three exclusive new programs for its members.

Balance Point Payroll Provider Agreement
ANE has partnered with Balance Point Payroll to provide payroll services to ANE member agents, enabling agents to offer “pay-as-you-go” payment options for their workers compensation clients. The partnership protects agents by preventing payroll providers from selling insurance to their clients. Clients benefit from improved cash flow and greater protection from workers compensation premium audits.

NJ Artisan Contractors Worker Compensation Program
ANE is announcing a new workers’ compensation program for residential and light commercial construction operations in New Jersey. The program is underwritten by Stonewood National Insurance Company, which specializes in workers compensation coverage and is rated A (Excellent) by A.M. Best.

Commercial General Liability Excess & Surplus Lines Insurance Program
ANE has partnered with AmTrust to provide members with an exclusive Commercial General Liability Excess & Surplus Lines Insurance Program. The program targets Property Managers/Lessor’s Risk only (Commercial Property), Hospitality, Wholesale/Retail and Manufacturing and Processing/Importers type accounts. AmTrust is rated A (Excellent) by A.M. Best.

Online Portal
ANE’s new online portal allows agents to submit and track applications electronically for all ANE products. Traditionally, applications had to be scanned and submitted via email. The ANE portal is faster and more efficient, speeding the application process for ANE custom products, such as E&S General Liability and Workers Compensation for Artisan Contractors.

“The ANE portal is the first of many technology advances we are bringing to our members as part of our long-term mission to help them operate more efficiently,” said Tiene. “More exclusive program offerings, improved technology and direct access to markets are just some of the tools we provide our members, so they can be successful independent agents.”

About ANE
ANE, Agency Network Exchange, was founded in 2009 to give independent insurance agents increased strength in the marketplace. ANE enables agents to maintain 100% ownership and control of their agencies, while giving them the economy of scale to increase contingent income and access broader markets. For more information, please visit http://ane-agents.com.

John Tiene, ANE, http://ane-agents.com, (732) 960-2035, [email protected]

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