Since its founding in 2015 by Ed McNamara and Ed Purcell, Armada Risk Partners has tripled its income whereas sustaining overhead prices. The corporate thrived even in a time of disaster, rising its income even in the course of the COVID-19 pandemic. That success helped Armada Risk Partners earn a slot on IBA’s 2022 Quick Brokerages listing.
Armada Risk Partners boasts a group of skilled property and casualty, well being and advantages, and personal danger producers, brokers and managers. Armada’s group members have served at among the largest brokers and carriers within the trade. They joined the corporate to have the chance to higher serve purchasers as a valued associate, Armada mentioned.
The agency’s main focus is to protect firms and their staff from catastrophes by offering insurance coverage merchandise and providing distinctive progress methods. Armada’s staff preserve a selected core focus to finest align the corporate’s strengths with its purchasers’ targets, the corporate mentioned. Armada group members perceive their purchasers’ danger administration aims and construction personalized insurance coverage packages through a consultative course of.
Based mostly in Cleveland, Ohio, and Southland, Mich., Armada Risk Partners’ mission is to foster trusted partnerships with its purchasers, mitigate dangers that may have a detrimental affect on their enterprise, and assist them develop.
Learn subsequent: Insurance coverage Enterprise reveals America’s quick brokerages for 2022
IBA’s Quick Brokerages listing acknowledges corporations that didn’t merely survive the impacts of the COVID-19 pandemic, however really thrived. The listing consists of brokerages that skilled greater than 20% progress in income quantity over the previous two years. A complete of 23 brokerages made the ultimate listing this 12 months.