Top 5 brokerages in each state — part 2

Published
  • May 10 2017, 3:09pm EDT
Employee Benefit Adviser, in partnership with business intelligence data analytics firm miEdge, has released a list of the top 5 large group employee benefit brokerages by state.

The ranking is based on commissions paid, which plan sponsors include in the Form 5500 Schedule A data they submit to the Department of Labor. Note: Groups under 100 lives, government entities and church plans are not required to file and any disclosure on Schedule C's are not contemplated in these numbers.

Overview

Employee Benefit Adviser, in partnership with business intelligence data analytics firm miEdge, has released a list of the top 5 large group employee benefit brokerages by state.

The ranking is based on commissions paid, which plan sponsors include in the Form 5500 Schedule A data they submit to the Department of Labor. Note: Groups under 100 lives, government entities and church plans are not required to file and any disclosure on Schedule C's are not contemplated in these numbers.

Mississippi

HUB International: $1,905,849

BancorpSouth Insurance Services: $1,546,080

Ross and Yerger Insurance: $1,532,797

Fisher Brown Bottrell Insurance: $1,386,600

Regions Insurance: $814,835

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Montana

PayneWest Insurance: $1,769,298

Intermountain Underwriters: $633,363

Gallagher Benefit Services: $495,207

Leavitt Group: $494,207

Lockton Companies: $378,877

North Carolina

Marsh and McLennan Agency: $8,581,195

Gallagher Benefit Services: $6,506,419

Wells Fargo: $6,378,704

Willis Towers Watson: $5,402,074

BB&T: $4,929,399

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North Dakota

Noridian Insurance Services: $1,421,358

Marsh and McLennan Agency: $1,280,857

Keeler and Associates: $793,385

Hays: $435,035

Middaugh and Associates: $286,522

Nebraska

Silver Stone Group: $3,419,186

Aon Consulting: $1,957,836

First Insurance Group: $1,076,751

Keeler and Associates: $939,010

Holmes Murphy and Associates: $738,823

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New Hampshire

CGI Employee Benefits Group: $2,277,792

Granite Group Benefits: $890,016

Insurance Planning Group: $846,759

HUB International: $793,334

Hays: $716,554

New Jersey

Mercer Health and Benefits: $14,154,286

Gallagher Benefit Services: $8,803,443

Willis Towers Watson: $8,131,384

Marsh and McLennan Agency: $5,774,148

Aon Consulting: $5,632,906

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New Mexico

HUB International: $1,422,421

Aon Consulting: $1,104,586

Willis Towers Watson: $497,947

Mercer Health and Benefits: $395,968

Marsh and McLennan Agency: $344,705

Nevada

Brown and Brown: $2,863,455

Alliant Insurance Services: $1,346,497

Custom Benefits Consultants: $1,252,923

Aon Consulting: $1,107,521

Willis Towers Watson: $1,068,219

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New York

Gallagher Benefit Services: $22,853,961

Mercer Health and Benefits: $21,670,626

NFP: $14,165,170

Willis Towers Watson: $14,146,794

USI Insurance Services: $11,217,645

Ohio

USI Insurance Services: $6,867,589

Willis Towers Watson: $6,291,762

Oswald Companies: $6,117,334

McGohan Brabender: $5,503,259

Gallagher Benefit Services: $5,186,156

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Oklahoma

HUB Internatioanl: $3,887,949

Gallagher Benefit Services: $3,566,791

Insurance Applications Group: $1,571,733

Maschino Hudelson and Associates: $1,537,883

Holmes Murphy and Associates: $1,130,300

Oregon

USI Insurance Services: $3,644,300

Partners Group: $3,060,613

Mercer Health and Benefits: $2,770,649

Brown and Brown: $1,680,609

Davidson Benefit Planning: $1,134,339

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Pennsylvania

Mercer Health and Benefits: $15,142,798

Marsh and McLennan Agency: $13,588,210

Aon Consulting: $13,273,463

Alliant Insurance Services: $9,947,856

USI Insurance Services: $9,715,800

Puerto Rico

HUB International: $2,273,036

Ikon Benefits Group: $2,159,747

Marsh USA: $1,572,736

Aon Consulting: $1,082,881

Myriad Benefits: $592,747

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Rhode Island

USI Insurance Services: $1,616,638

Hilb Group: $1,307,356

Mercer Health and Benefits: $1,104,644

Starweather and Shepley Insurance: $1,039,144

Gallagher Benefit Services: $841,510

South Carolina

OneDigital: $3,180,961

BB&T: $2,446,912

Marsh and McLennan Agency: $2,111,907

USI Insurance Services: $2,022,388

Willis Towers Watson: $1,984,281

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South Dakota

Marsh and McLennan Agency: $1,060,416

Silver Stone Group: $387,783

Wells Fargo: $379,889

Holmes Murphy and Associates: $362,213

Gallagher Benefit Services: $222,856

Tennessee

Willis Towers Watson: $12,722,484

HUB International: $4,939,088

Gallagher Benefit Services: $4,258,082

BB&T: $3,979,977

Mercer Health and Benefits: $3,976,680

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Texas

Lockton Companies: $27,830,509

Gallagher Benefit Services: $27,516,398

Marsh and McLennan Agency: $16,954,861

USI Insurance Services: $16,100,631

Willis Towers Watson: $12,998,100

Utah

Leavitt Group: $5,084,259

Mercer Health and Benefits: $3,984,550

Moreton and Company: $3,112,966

Gallagher Benefit Services: $2,474,694

Diversified Insurance Brokers: $2,033,902

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Virginia

Aon Consulting: $18,381,970

Willis Towers Watson: $8,120,459

Mercer Health and Benefits: $7,254,283

Wells Fargo: $6,057,448

NFP: $5,826,158

Vermont

Hickok and Boardman Financial: $1,531,810

Richards Group: $577,309

Willis Towers Watson: $295,006

NFP: $268,467

Kinney Pike Insurance: $231,424

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Washington

Capital Benefit Services: $9,863,544

USI Insurance Services: $8,015,929

Gallagher Benefit Services: $6,752,822

Alliant Insurance Services: $5,217,450

Mercer Health and Benefits: $3,498,154

Wisconsin

M3 Insurance Solutions: $7,022,731

Willis Towers Watson: $6,902,450

Associated Financial Group: $5,709,609

Aon Consulting: $3,535,026

Hays: $2,632,704

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West Virginia

USI Insurance Services: $1,289,966

Cornerstone Group: $931,562

Marsh and McLennan Agency: $567,499

Assured Partners: $455,371

Mercer Health and Benefits: $352,506

Wyoming

Sage Benefits Group: $209,125

Benefits Health Advisor: $176,880

Personal Financial Solutions: $144,832

Covenant Insurance Group: $89,282

Willis Towers Watson: $65,524

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More

To see part one of the list, click here.