Towne Insurance Revenue and Competitors

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Location

N/A

Total Funding

Insurance

Industry

Estimated Revenue & Valuation

  • Towne Insurance's estimated annual revenue is currently $55.9M per year.(i)
  • Towne Insurance's estimated revenue per employee is $242,000

Employee Data

  • Towne Insurance has 231 Employees.(i)
  • Towne Insurance grew their employee count by 4% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$26.4M120-2%N/AN/A
#2
$133.7M486-3%N/AN/A
#3
$27.7M126-10%N/AN/A
#4
$49.9M206-12%N/AN/A
#5
$12440M189005%N/AN/A
#6
$323.4M10504%N/AN/A
#7
$4.2M27-4%N/AN/A
#8
$1.7M13N/AN/AN/A
#9
$3.4M220%N/AN/A
#10
$63.2M261-4%N/AN/A

Towne Insurance, a wholly-owned subsidiary of TowneBank, is a premier independent insurance agency providing comprehensive solutions and risk management programs to businesses of all sizes, including property and casualty insurance, workers compensation, bonding, employee benefits and more. Additionally, personal lines agents specialize in home, auto, umbrella and flood insurance. Towne Insurance has been ranked a Top 100 insurance broker in the U.S. by Business Insurance based on total revenue and is recognized as a Best Practices Agency by the Independent Insurance Agents & Brokers of America (IIABA) and Reagan Consulting. With offices serving Northern Virginia, Richmond, and Hampton Roads in Virginia, along with the Outer Banks, Elizabeth City, Graham, Greenville, Raleigh and Wilmington in North Carolina, Towne's 300 experienced professionals work with the nation's top-rated providers to find members the right coverage at a competitive price. Insurance products offered through Towne Insurance, a subsidiary of TowneBank, are not a deposit, not FDIC-Insured, and are not guaranteed by TowneBank.

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Total Funding

231

Number of Employees

$55.9M

Revenue (est)

4%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Towne Insurance News

2022-04-17 - The Heroes Club - Carmel

The chief instrument of this support is in the form of an accidental death insurance policy that is provided to the family members or...

2022-04-17 - Coming to Towne

Coming to Towne ... Ivonne Welch Insurance Agency is new in Suite 203 at 2065 W. Riverstone Drive. The Post Falls Pavillion food truck court...

2022-04-06 - TowneBank Announces Retirement of Three Directors

... controlled divisions and subsidiaries that include Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage,...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$53.6M2328%N/A
#2
$69.8M235-2%N/A
#3
$59.6M25822%N/A
#4
$60.5M2623%N/A
#5
$49M2702%N/A