Ranked by 2016 Valley-area revenue - CBJonline.com · •2016 •2015 Premiums •2016 •2015...
Transcript of Ranked by 2016 Valley-area revenue - CBJonline.com · •2016 •2015 Premiums •2016 •2015...
THE LIST
12 SAN FERNANDO VALLEY BUSINESS JOURNAL MARCH 20, 2017
2017 Spotlight on Real Estate
For more information, contact your account representative at 747.800.4669
The San Fernando Valley Business Journal recognizes the important roles of the commercial real estate industry in changing the face of the region. We are dedicated to informing readers of important issues such as development and land use, vacancy rates and brokerage, and architecture and building trends.
May 1 Real Estate Quarterly
August 7 Real Estate Quarterly
September 4 Top Construction Projects List
September 18 Valley 200 – Most Infl uential Leaders
October 2 Commercial Real Estate Brokers List
October 30 Real Estate Quarterly
December 25 2018 Book of Lists
Valley-Area (in millions)Rank Brokerage• name
• address
• website
Revenue• 2016
• 2015
Premiums• 2016
• 2015
Insurers(partial list)
Major Lines Written(partial list)
Profile• parent company
• headquarters
• Valley employees
• offices (SFV/total)
Top Local Executive• name
• title
• phone
1Arthur J. Gallagher & Co.505 N. Brand Blvd., Sixth FloorGlendale 91203ajg.com
$236.1$231.1
$2,031.3$2,019.4
all carriers all lines N/AItasca, Ill.794/767
Scott J. FirestoneSouthwest RegionalPresident(818) 539-2300
2Alliant Insurance Services Inc.325 E. Hillcrest Drive, Suite 250Thousand Oaks 91360alliant.com
60.257.1
68.171.8
all major carriers all lines N/ANewport Beach322/88
Tom BrysonSenior Vice President(805) 777-4770
3Poms & Associates5700 Canoga Ave., Suite 400Woodland Hills 91367pomsassoc.com
45.045.0
241.2241.0
Blue Cross of California,Blue Shield of California,Munich America, Hartford
all lines N/AWoodland HillsN/A1/5
David A. PomsPresident(818) 449-9300
4Hub International Insurance Services Inc.6701 Center Drive West, Suite 1500Los Angeles 90045hubinternational.com
26.025.0
249.8240.2
all carriers all lines Hub InternationalChicagoN/A1/400
Andrew ForchelliSr. Executive VicePresident(310) 568-5900
5United Agencies Inc.301 E. Colorado Blvd., Suite 200Pasadena 91101unitedagencies.com
23.525.0
235.0225.0
all major carriers workers' compensation,business insurance,personal insurance,employee benefits
N/APasadenaN/AN/A/40
Gary ConkeyPresident(626) 535-8300
6USI Insurance Services21700 Oxnard St., Suite 1200Woodland Hills 91367usi.com
15.013.9
177.2164.3
all major carriers property/casualty,employee benefits,private risk
USI HoldingsValhalla, N.Y.N/A1/140
Jeffrey F. LangExecutive Vice President(818) 251-3000
7Wells Fargo Insurance USA Inc.21250 Hawthorne Blvd., Suite 600Torrance 90503wellsfargo.com/wfis
12.610.6
N/AN/A
all carriers group employee benefits,property/casualty,workers' compensation,401(k)
N/AChicagoN/AN/A/200
Andrew SkillenManaging Director,Greater L.A.(310) 543-9995
N/A - Not ApplicableNote: The information on this list was supplied by representatives of the brokeragesthemselves. Brokerages are ranked by 2016 Valley-area revenue from insurance brokerageservices. Numbers that appear to be tied have been rounded. Marsh and Aon may havequalified for this list, but declined to provide financial information.To the best of our knowledge, this information is accurate as of press time. While every effort
is made to ensure the accuracy and thoroughness of the list, omissions and typographicalerrors sometimes occur. Please send corrections or additions to [email protected]. ©2017San Fernando Valley Business Journal. This list may not be reprinted in whole or in partwithout prior written permission from the editor. Reprints are available from Wright’s Media(877) 652-5295.
Researched by David Nusbaum
THE PACESETTER: Arthur J. Gallagher & Co. is thelargest insurance brokeragefirm ranked by 2016Valley-area revenue. The company reported $236million in revenue last year, up from $231 million in2015. Premiums in 2016surpassed $2 billion for thesecond consecutive year. Arthur J. Gallagher has785 brokerage employeesworking in its nine localoffices.
NEXT ISSUEBiotech Firms
Ranked by 2016 Valley-area revenueINSURANCE BROKERAGE FIRMS
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MARCH 20, 2017 THE LIST SAN FERNANDO VALLEY BUSINESS JOURNAL 13
Valley-Area (in millions)Rank Brokerage• name
• address
• website
Revenue• 2016
• 2015
Premiums• 2016
• 2015
Insurers(partial list)
Major Lines Written(partial list)
Profile• parent company
• headquarters
• Valley employees
• offices (SFV/total)
Top Local Executive• name
• title
• phone
8B&B Premier Insurance Solutions Inc.5008 Chesebro Road, Suite 200Agoura Hills 91301bbpremierins.com
$12.3$11.0
$84.8$78.6
Mercury Insurance,Capital Insurance Co.,Safeco Insurance, GoldenEagle
auto, construction,workers' compensation,apartment buildings,homeowners
Acrisure of CaliforniaCaledonia, Mich.461/1
Eric Bossuk, CEOSteve Brooks, President(818) 223-8383
9Lockton Insurance Brokers725 S. Figueroa St., 35th FloorLos Angeles 90017lockton.com
8.34.6
85.048.0
all carriers all lines Lockton Cos.Kansas City, Mo.251/80
Timothy J. NoonanCEO(213) 689-0500
10Elkins/Jones Insurance Agency Inc.12100 Wilshire Blvd., Suite 300Los Angeles 90025elkinsjones.com
7.46.9
62.057.0
Fireman's Fund, Hartford,Chubb, CaliforniaInsurance Group, Allied,Safeco
real estate (lessors risk),manufacturing, workers'compensation,homeowners
N/ALos Angeles8N/A/2
Janet JonesPresident(310) 207-9796
11Pacific Federal1000 N. Central Ave., Suite 400Glendale 90212pacfed.com
5.75.6
195.0175.0
Kaiser, Health Net, UnitedHealth Care, Blue Shield,Liberty Dental
employee benefits: largegroup, private health careexchanges and Taft-Hartley trust funds
Pacific FederalGlendale91/1
James GarrisonPresident(818) 243-0222
12Liberty Co. Insurance Brokers Inc.21820 Burbank Blvd., Suite 330Woodland Hills 91367libertycompany.com
5.55.3
50.048.0
Travelers, Liberty Mutual,Allied, Mercury, Hartford,Philadelphia, Safeco
workers' compensation,package, general liability,homeowners, auto
N/AWoodland HillsN/A1/6
Jerry PickettCEO(818) 914-3960
13L/B/W Insurance and Financial Services28055 Smyth DriveValencia 91355lbwinsurance.com
4.95.1
44.446.5
Anthem Blue Cross,Hartford, Aetna, Swett &Crawford, Blue Shield,Kaiser
commercial, workers'compensation, groupbenefits, personal,financial and retirement
N/AValencia351/1
Mitzi LikeCEO, President(661) 702-6000
14Gaspar Insurance Services Inc.5900 Canoga Ave., Suite 110Woodland Hills 91367gasparinsurance.com
4.83.4
30.023.0
Mercury, Hartford,Hanover, Travelers, CSE,Allied, Chubb, Nationwide
business packagepolicies, personal auto,personal homeowners,earthquake, medical
N/AWoodland Hills421/2
Timothy K. GasparCEO(818) 302-3060
15Peter C. Foy & Associates6200 Canoga Ave., Suite 325Woodland Hills 91367pcfoy.com
4.35.1
50.787.0
Anthem, Aetna, Hartford,State Fund, UnitedHealthcare, Cigna, BlueShield
benefit programs,business commercialinsurance, workers'compensation, health
N/AWoodland Hills221/1
Peter C. FoyCEO, President(818) 703-8057
16Corporate Strategies Inc.21021 Ventura Blvd., Suite 200Woodland Hills 91364corpstrat.com
3.73.5
35.038.0
American General,Anthem, Health Net, BlueShield, John Hancock,Kaiser
accident and health,employee benefits, lifeinsurance, payroll andHR services
CorpStratWoodland HillsN/A1/1
Martin LevyCEO, President(818) 377-7260
17Leavitt Insurance Services of Los Angeles21820 Burbank Blvd., Suite 300Woodland Hills 91367leavitt.com
3.53.5
72.072.0
all major carriers all lines Leavitt GroupCedar City, UtahN/AN/A/125
Teri S. FrankelManaging Principal(818) 593-7001
18Montage Insurance Solutions5550 Topanga Canyon Blvd., Suite 310Woodland Hills 91367montageinsurance.com
3.22.3
48.935.4
all carriers all lines Danone SimpsonInsurance ServicesWoodland Hills251/1
Danone SimpsonCEO, President(818) 676-0044
19Olympic Insurance Agency1906 W. Burbank Blvd.Burbank 91506olympicinsurance.com
2.72.7
29.728.7
Chubb, Travelers, LibertyMutual, Hartford, EverestNational, BHHC, ICW
workers' compensation,group health, property,liability, auto,management liability
N/ABurbank141/2
Donald S. BarberiePresident(818) 843-4314
20Really Great Employee Benefits21515 Vanowen St., Suite 200Canoga Park 91303rgeb4u.com
2.22.2
37.136.6
Aetna, Anthem BlueCross, Blue Shield, HealthNet, Kaiser, UnitedHealthCare
health, dental, vision, life,disability
N/ACanoga Park161/1
Barry S. CohnCEO, President(818) 444-7722
21Crescenta Valley Insurance3156 Foothill Blvd., Suite ALa Crescenta 91214cvins.com
2.12.0
18.416.7
Mercury InsuranceGroup, Travelers, Safeco,Hartford, Liberty Mutual
auto, home, apartmentowners, homeownerassociations, restaurants
N/ALa CrescentaN/A1/1
Rick DingerPresident(818) 248-4500
22ISU Vansa Insurance Services12155 Riverside DriveValley Village 91607isuvansa.com
1.91.9
12.913.5
Allied, Hartford, Safeco,Liberty Mutual,Pharmacists Mutual,Hanover
workers' compensation,commercial, professionalliability, homeowners,auto
N/AValley Village71/1
Jerry Vande SandePresident(818) 763-9365
23Zein Insurance Services21800 Oxnard St., Suite 170Woodland Hills 91367zisinsurance.com
1.31.1
17.516.5
Aetna, Anthem, BlueShield, Health Net, UnitedHealth, Kaiser, Travelers
group benefits, health,commercial, auto,homeowners, workers'compensation
N/AWoodland Hills91/1
Hisham ElzeinPresident(818) 887-8780
24OHM Benefit & Insurance Solutions19360 Rinaldi St., Suite 505Northridge 91326ohmbenefits.com
0.60.5
9.28.8
all carriers group medical, dental,life, disability, vision,401(k) and compliance
N/ANorthridge51/1
Jason SandlerBroker, Partner(877) 650-0808
25ASIS Financial-ASIS EntertainmentInsurance18580 Ventura Blvd., Second FloorTarzana 91356asisfinancial.com
N/AN/A
N/AN/A
One Beacon, Abacus,Fireman's Fund, Hiscoxand Prosight
commercial productioninsurance, E&Oinsurance life insurance,group health
N/ATarzanaN/A1/1
Alan SchlaiferOwner(310) 498-0866
N/A - Not ApplicableNote: The information on this list was supplied by representatives of the brokeragesthemselves. Brokerages are ranked by 2016 Valley-area revenue from insurance brokerageservices. Numbers that appear to be tied have been rounded. Marsh and Aon may havequalified for this list, but declined to provide financial information.To the best of our knowledge, this information is accurate as of press time. While every effort
is made to ensure the accuracy and thoroughness of the list, omissions and typographicalerrors sometimes occur. Please send corrections or additions to [email protected]. ©2017San Fernando Valley Business Journal. This list may not be reprinted in whole or in partwithout prior written permission from the editor. Reprints are available from Wright’s Media(877) 652-5295.
Researched by David Nusbaum
INSURANCE BROKERAGE FIRMS
0
120
240
360
480
600
Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60
Location DollarsThird quarter average asking rents by submarket for Class A office property.
Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%
Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2
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
’12 ’13 ’14 ’15 ’16*
$540
500
460
420
380
340
14 6*’15 ’1’1 ’1’12
0
0
0
0
13 ’1’1 ’10 ’11 ’12 ’13 ’14
4,600
4,500
4,400
4,300
4,200
4,100
4,000’12 14’13 ’1’1 ’1’10
0
0
0
0
0
0
0’11 ’1’1
’12 ’13 ’14 ’15 ’16*
$70
56
42
28
14
0
14 6*’15 ’1’1 ’1’12
8
4
0
13 ’1’1
Insurance ChartsNet IncomeProperty/casualty insurance industry net income after taxes. (in billions)$35.1 63.8 55.5 56.6 31.8*2012 2013 2014 2015 2016
Made MoneyNationwide premiums earned by the property/casualty insurance sector. (in billions)$449 468 488 506 391*2012 2013 2014 2015 2016
*Results for the first three quarters through Sept. 30, 2016.
Source: Insurance Information Institute
<-- Made Money
<-- Net Income
Made MoneyNationwide premiums earned by the property/casualty insurance sector. (in billions)
0
120
240
360
480
600
Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60
Location DollarsThird quarter average asking rents by submarket for Class A office property.
Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%
Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2
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
’12 ’13 ’14 ’15 ’16*
$540
500
460
420
380
340
14 6*’15 ’1’1 ’1’12
0
0
0
0
13 ’1’1 ’10 ’11 ’12 ’13 ’14
4,600
4,500
4,400
4,300
4,200
4,100
4,000’12 14’13 ’1’1 ’1’10
0
0
0
0
0
0
0’11 ’1’1
’12 ’13 ’14 ’15 ’16*
$70
56
42
28
14
0
14 6*’15 ’1’1 ’1’12
8
4
0
13 ’1’1
Insurance ChartsNet IncomeProperty/casualty insurance industry net income after taxes. (in billions)$35.1 63.8 55.5 56.6 31.8*2012 2013 2014 2015 2016
Made MoneyNationwide premiums earned by the property/casualty insurance sector. (in billions)$449 468 488 506 391*2012 2013 2014 2015 2016
*Results for the first three quarters through Sept. 30, 2016.
Source: Insurance Information Institute
<-- Made Money
<-- Net Income
Net IncomeProperty/casualty insurance industry net income after taxes.(in billions)
Source: Insurance Information Institute
*Results for the first three quarters through Sept. 30, 2016.
WOODLAND HILLS: Gaspar Insurance Services Inc. was founded by Tim Gaspar when he was 26 years old. The agency now has nearly 50 employees with offices in Woodland Hills and Cherry Hill, N.J.
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