Smart Choice® experiences record expansion driven by acquisitions and organic growth. In the past year, over $100 million in acquisitions and fifteen separate deals have been completed. Through May of this year, Smart Choice has added over 700 new agencies to the Network’s 10,000 plus active agencies across the country. 2024 will mark the 8th consecutive year of over 1k plus new agency additions annually. They also continue to be the fastest growing agency network in the country. Pro-forma earnings through acquisition and organic growth have more than doubled within the last 12 months.
“Fueled by tremendous growth in our core business, now is the time to double-down and scale our market position,” said Andrew Caldwell, Smart Choice president. “We will continue to be aggressive and strategic to provide the best partnership experience for our agents whether the market is hard or soft.”
The key differentiator for Smart Choice is their Agent-Friendly contract that doesn’t require an upfront payment to join, agents aren’t locked into a contract, and they retain 100% ownership. The level of support that agencies receive from their local territory managers is unique as well.
“When I met with Network X and Network Y, all I heard was talk about money – how much of my money they’re going to take,” said Andy Patton, Patton Financial & Insurance Group. “When I met with Smart Choice, they talked about opportunity, and how they would walk alongside me because they have a vested interest in my success.”