What's Happening?
Rate Insurance, LLC, a subsidiary of Rate, has been recognized as one of the top 100 independent property/casualty agencies by Insurance Journal for 2025. The Chicago-based company ranked #88, improving from its previous position of #92 last year. This marks the third consecutive year that Rate Insurance has been included in the list, which evaluates agencies based on revenue and their ability to deliver value to the retail insurance market. Jeff Wingate, President of Rate Insurance, attributes this achievement to the company's dedication to customer service and the strength of its digital platform. The recognition comes as part of Insurance Journal's 21st annual publication of the Top 100 Independent Agencies special report, which noted significant revenue increases among the listed firms.
Why It's Important?
The inclusion of Rate Insurance in Insurance Journal's Top 100 list highlights the company's growing influence in the insurance industry. This recognition underscores the trust and confidence that clients place in Rate Insurance's services and solutions. As the insurance market becomes increasingly competitive, being named among the top agencies can enhance Rate Insurance's reputation and attract more business opportunities. The company's focus on customer service and digital innovation positions it well to capitalize on industry trends, potentially leading to further growth and expansion. This achievement also reflects broader industry dynamics, where successful agencies are leveraging technology to improve service delivery and client engagement.
What's Next?
Rate Insurance plans to continue expanding its team and capabilities, aiming to climb higher in future rankings. The company is likely to focus on enhancing its digital platform and strengthening relationships with top-rated insurance carriers to offer competitive rates and personalized services. As the insurance industry evolves, Rate Insurance may explore new markets and product offerings to maintain its growth trajectory. Stakeholders, including clients and partners, can expect continued innovation and service improvements from Rate Insurance as it seeks to solidify its position as a leading independent agency.
