For the first time ever, Entrepreneur magazine named Jacksonville-based Brightway Insurance one of the Fastest-Growing Franchises in the country. The national property/casualty insurance distribution company is the only insurance franchise to make the list, ranking No. 135.
“We’re honored to make Entrepreneur’s list of Fastest-Growing Franchises and expect we’ll see unprecedented growth this year with new ways to achieve your dreams of business ownership through Brightway,” said Brightway CEO Michael Miller, who co-founded Brightway with his brother, David, in 2008.
“In 10 short years, we’ve grown the business into one of the largest Personal Lines agencies in the U.S., and the not-so-secret ingredient to our success is our alignment with our franchisees,” Miller said. “Simply put, Brightway doesn’t grow or profit unless our franchisees do. This makes our priorities very clear—do everything we can to help our franchisees be successful.”
Entrepreneur culled the list of fastest-growing franchises from its Franchise 500 list. Fastest-growing rankings are based on the number of new franchise units added in the United States and Canada from July 2017 to July 2018, as verified by Entrepreneur, with ties broken based on percentage growth. See Brightway’s profile on Entrepreneur.com.
“Franchising trends are always changing, and our ranking of the fastest-growing franchises offers crisp insight into what’s hot right now,” Entrepreneur's editor in chief Jason Feifer said. “And through this list, we’re also able to see the strategies that help newer brands ramp up quickly and that enable older ones to maintain their momentum."
Brightway Insurance is a national property/casualty insurance distribution company with more than $570 million in annualized written premium, making it one of the largest personal lines agencies in the U.S.
