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Iroquois Group opens division for financial services

A new division in Iroquois Group will provide financial service products to its members, including strategies to enhance revenue.

By staff Writer | Updated on December 20, 2009

The Iroquois Group , one of the oldest networks of property-casualty insurance agencies in the country, is offering financial services through a new division and subsidiary, which is designed to provide additional markets, support and revenue-enhancing strategies for members. The company works with independent agents in 37 states. “Iroquois has traditionally focused on property and casualty lines,” said Iroquois president Laurie A. Branch in a statement. “But Best Practices data show that financial services can help an agency increase overall retention and can account for 15% to 20% of total agency revenue. That is an opportunity we want to make available to all of our member agencies.” The new division will be run by Mark Hendrix and Greg Chiapuso.

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