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2010 Year in Review and 2011 Outlook

2010 Year in Review and 2011 Outlook. Jim Masiello Chairman and CEO. Agenda. SIAA’s Impact on Industry Review of 2010 Looking forward to 2011 Q&A. The National Insurance Agency Alliance. Please type your questions into the questions pane. The National Insurance Agency Alliance.

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2010 Year in Review and 2011 Outlook

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  1. 2010 Year in Reviewand 2011 Outlook Jim Masiello Chairman and CEO

  2. Agenda • SIAA’s Impact on Industry • Review of 2010 • Looking forward to 2011 • Q&A The National Insurance Agency Alliance

  3. Please type your questions into the questions pane. The NationalInsurance Agency Alliance

  4. SIAA’s Impact on Industry SIAA is a national independent agency alliance. Celebrated our 15th anniversary in Oct. The National Insurance Agency Alliance

  5. SIAA’s Impact on Industry Combined, alliance member agencies insure over 2 million customers. The National Insurance Agency Alliance

  6. SIAA’s Impact on Industry At the end of 2010, combined, alliance member agencies employed over 9,808 in their agencies. The National Insurance Agency Alliance

  7. SIAA’s Impact on Industry • Year end 2010- 3,592 independent insurance agencies had joined SIAA • 1,592 were start up agencies new to the IA insurance distribution system The National Insurance Agency Alliance

  8. 2010 in Review | New Members SIAA signed 414 new independent insurance agency members in 2010. • 289 New Independent Insurance agencies • 125 Existing agencies The National Insurance Agency Alliance

  9. 2010 in Review | New Business Ended 2010 with over $300 million New Written Premium The National Insurance Agency Alliance

  10. 2010 in Review | Strategic Partners SIAA added 3 Strategic Partner Companies in 2010, closing the year with a total of 19. *Not all partners write in all states. The National Insurance Agency Alliance

  11. 2010 in Review | • 112,667 consumer site visitors • # leads to member agencies increased 180% from 2009. The National Insurance Agency Alliance

  12. 2010 in Review | • Launched May 2010 • Site designed to provide quick info access for hard to place business • Q4 Site traffic increased 62% over Q3 • Continue to add new Strategic Partners who offer other than main stream markets The National Insurance Agency Alliance

  13. 2010 in Review | Information Exchange • SIAA is the marketing arm for the Master Agencies – communications, promotion of products and services, national advertising and insurancedeals4u. • Significant increase in communications, webinars, and training. The National Insurance Agency Alliance

  14. 2010 in Review | Information Exchange Successful SIAA Member Agencies tap into their Master Agencies resources– consultative, business and relationship development. The National Insurance Agency Alliance

  15. 2011 | Looking forward Why place business with Strategic Partners? The National Insurance Agency Alliance

  16. 2011 | Looking forward $217,000,000. Strategic Partner overrides distributed through 12/31/2010 • Top tier commissions • Access to competitive national and regional companies • More leverage as volume grows The National Insurance Agency Alliance

  17. 2011 Looking forward 2011 | Looking forward Anticipate 225 Webinars for 2011 The National Insurance Agency Alliance

  18. 2011 | Looking forward The National Insurance Agency Alliance

  19. 2011 | Looking forward Continued Challenges with Current Market Conditions The National Insurance Agency Alliance

  20. Please type your questions into the questions pane. The NationalInsurance Agency Alliance

  21. Please direct any follow up questions to Doug Coombs dougc@siaa.net We thank you for your time and participation.

  22. Dedicated to the creation, retention and growth of independent insurance agencies

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