LOS ANGELES BUSINESS JOURNAL THE LIST INSURANCE …€¦ · Keenan & Associates 2355 Crenshaw Blvd., Suite 200 Torrance 90501 keenan.com 67.2 65.2 381.2 362.0 N/A workers' compensation,
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16 LOS ANGELES BUSINESS JOURNAL MARch 24, 2014
THE LIST Ranked by 2013 L.A. County revenue
INSURANCEBROKERAGEFIRMS NExTwEEKThe Largest Biotech/Biomed Firms in L.A. County
L.A. CountyRank Brokerage¥ name
¥ address
¥ website
Revenue1
¥ 2013
¥ 2012
Premiums1
¥ 2013
¥ 2012
Insurers(partial list)
Major Lines Written(partial list)
Profile¥ parent company
¥ headquarters
¥ L.A. employees
¥ offices (L.A./total)
Top Local Executive¥ name
¥ title
¥ phone
1Arthur J. Gallagher & Co.505 N. Brand Blvd., Sixth FloorGlendale 91203ajg.com
$186.7$100.7
$1,599.3$836.3
all carriers all lines N/AItasca, Ill.7285/495
Scott J. FirestoneRegional Executive VicePresident(818) 539-2300
2Aon707 Wilshire Blvd., Suite 2600Los Angeles 90017aon.com
118.3139.0
820.6948.8
all carriers all lines Aon plcLondon3272/500
John P. BarrettResident ManagingDirector(213) 630-3200
3Lockton Insurance Brokers LLC725 S. Figueroa St., 35th FloorLos Angeles 90017lockton.com
105.891.7
1,550.01,300.0
all carriers all lines Lockton Cos.Kansas City, Mo.3652/28
Timothy J. NoonanCEO(213) 689-0500
4Keenan & Associates2355 Crenshaw Blvd., Suite 200Torrance 90501keenan.com
Eric Bossuk/Steve BrooksCEO, Chairman/President(818) 223-8383
1 In millions.2 Estimate.N/A - Not Applicable Note: The information on this list was supplied by representatives ofthe brokerages themselves. Brokerages are ranked by 2013 L.A. County revenue frominsurance brokerage services. Numbers that appear to be tied have been rounded. Marshmay have qualified for this list, but declined to provide financial information. To the best ofour knowledge, this information is accurate as of press time. While every effort is made to
THE PACESETTER: Arthur J. Gallagher & Co. is the largest insurance brokerage firm ranked by 2013 L.A. County revenue, surpassing Aon for the top spot on this year’s list. The company reported $187 million in revenue last year, up from $101 million in 2012. Premiums written in L.A. County nearly doubled from $836 million in 2012 to $1.6 billion last year. Part of that increase is due to its acquisition of Chapman Insurance in 2012. Chapman’s Pasadena office had 50 property and casualty professionals. Arthur J. Gallagher has 728 brokerage employees working in its five local offices.
ACQUISITION: Hub International acquired GNW-Evergreen Insurance Services in January. GNW-Evergreen’s two offices in Encino and Nashville became new offices for Hub and GNW-Evergreen President Andrew Forchelli became senior executive vice president for Hub. Terms were not disclosed.
Continued on page 18
CONSTRUCTION: The Los Angeles office of Alliant Insurance Services is the headquarters for the firm’s construction services group.
Central L.A. $0.50Mid-Counties 0.47North Los Angeles 0.55San Gabriel Valley 0.42South Bay 0.55
Central L.A. 4.6%Mid-Counties 5.0North Los Angeles 5.0San Gabriel Valley 5.5South Bay 5.5
’09 ’10 ’11 ’12 ’13
$450
425
400
375
350
325
’09 ’10 ’11 ’12 ’13
$50
40
30
20
10
Rising Again
29% 10 9 9 43
2009 2010 2011 2012 2013
82% 18
422 420 434 449 348
2009 2010 2011 2012 2013
28.7 35.2 19.2 33.5 43
Made MoneyNationwide premiums earned by the property/casualty insurance sector. (in billions)
11
1
5
12100 WILSHIRE BLVD | SUITE 300 | LOS ANGELES | CA 90025 | 310-207-9796 | FAX 310-207-5337 | WWW.ELKINSJONES.COM
Elkins Jones Insurance Agency Inc. is one of the leadingindependent insurance agencies in Southern California. Ourteam offers customized commercial and personal insurancesolutions to demanding businesses and individuals. Founded75 years ago as the George Elkins Company, Elkins Jones combines the experience and portfolio of a Wall Street agencywith an aggressive commitment to personal service.
Elkins Jones Insurance Agency earns Capital
Insurance Group Agency of the Year Award for 2013
Awarded Fireman’s Fund Firemark
Program® Designation
18 LOS ANGELES BUSINESS JOURNAL THE LIST MARch 24, 2014
Anthem Blue Cross,Hartford, Aetna,Swett & Crawford,Blue Shield, Kaiser
commercial, workers'compensation, groupbenefits, personal,financial and retirement
N/AValencia321/1
Mitzi LikeCEO, President(661) 702-6000
29Leavitt Insurance Services of Los Angeles21820 Burbank Blvd., Suite 300Woodland Hills 91367leavitt.com
4.03.6
58.254.0
all major carriers all lines Leavitt GroupCedar City, Utah181/125
Mark RussManaging Principal(818) 593-7001
30Epic Insurance Brokers and Consultants601 S. Figueroa St., Suite 3950Los Angeles 90017edgewoodins.com
3.93.2
40.228.8
all major carriers property, casualty,workers' compensation,executive risk, benefitsconsulting
N/ASan Mateo181/14
Jim GilletteManaging Principal(213) 629-8909
1 In millions.N/A - Not ApplicableNote: The information on this list was supplied by representatives of the brokerages
themselves. Brokerages are ranked by 2013 L.A. County revenue from insurancebrokerage services. Numbers that appear to be tied have been rounded. Marsh may havequalified for this list, but declined to provide financial information.
Researched by David Nusbaum
INSURANCE BROKERAGE FIRMS Continued from page 16
28
TEAM: Last year, L/B/W Insurance & Financial Services created a strategic alliance with two other local independent agencies to form Western Resource Network Insurance Solutions.
What you do. Who you do it for. An insurance company that sees the whole picture.Employees. Customers. Family. The daily grind up the market ladder is high and crowded. One slip. One misstep can undo your hard work. Poms & Associates is there as your guide, your safety net that includes everything from property & casualty, employee benefits, loss control and anything imaginable to insure your whole picture.
39ISU Vansa Insurance Services12155 Riverside DriveValley Village 91606isuvansa.com
1.91.7
13.712.0
Allied, Hartford,Safeco, Golden Eagle,Pharmacists Mutual
workers' compensation,commercial, professionalliability, homeowners, auto
N/AValley Village81/1
Jerry Vande SandePresident(818) 763-9365
40Bichlmeier Insurance Services730 S. Pacific Coast HighwayRedondo Beach 90277bisins.com
1.81.8
12.011.8
Mercury, Civil ServiceEmployees, Travelers,Safeco, Progressive,Heath Net
auto, home, workers'compensation, businessproperty and liability,benefits
N/ARedondo BeachN/A2/2
Cary J. BichlmeierPresident(310) 376-8852
1 In millions.N/A - Not ApplicableNote: The information on this list was supplied by representatives of the brokerages
themselves. Brokerages are ranked by 2013 L.A. County revenue from insurancebrokerage services. Numbers that appear to be tied have been rounded. Marsh may havequalified for this list, but declined to provide financial information.