Insurance Applications Group’s Growth Ranks #2 in the US

Employee Benefit Advisor (EBA), the leading online reporter of current benefit news to the broker and advisor community, recognized Insurance Applications Group Inc. (IAG) as the second fastest-growing, large-group brokerage in the US. The list, published on May 13, 2016 in EBA’s online magazine, compares all US brokerages across all industries with $10 million or less in large-group revenue. Backed up by data from business intelligence firm, miEdge, they reported that IAG grew nearly 45% in the large-group market alone during the period 2014-2015.

 Insurance Applications Group Inc. serves specific employee benefit market segments with their products: Essential StaffCARE (ESC), the leader in the Staffing Industry vertical, HospitalityCARE (HC) for the hotel and restaurant industry, HealthWrap (HW) to fill the needs of employees with high deductible/high out-of-pocket plans, and unique ACA enrollment and compliance systems for employers in high turnover businesses.
CEO and Founder J. Marshall Dye III was interviewed by the magazine for an article discussing the reasons for IAG’s dramatic growth that will be published in June. When asked what the critical component of his company’s continued acceleration during this critical Affordable Care Act adaptation period was, Dye said “A large part of our success is lending our expertise in technology, application development, and account management processes to brokers, consultants and other strategic and integrated partners to help them succeed in very challenging markets.”
Dye continued, “IAG’s interdisciplinary group of executives provide the industry experience to plot conservative ACA compliance strategies, which allows our clients to confidently operate their businesses with prudent selections of fully-insured risk products. Our new technologies coupled with innovative and dynamic approaches benefit both our clients and our firm by producing long lasting relationships.”
This accolade adds to IAG’s growing list of achievements including being recognized by Inc Magazine as an Inc. 5000 fastest growing private company in America for a sixth year, demonstrating remarkably consistent high growth. Additionally, IAG was presented the National Association of Health Underwriters (NAHU) highest award for an equally impressive six years for “achieving the greatest success in demonstrating exceptional professional knowledge and outstanding client services.”