“Business Insurance” Names Tompkins Insurance Agencies One of Largest U.S. Brokers
Firm Among 100 Biggest Nationally; Bank-Based Parent Company Ranked 16th Largest by Brokerage Fee Income
BATAVIA, NY – September 22, 2022 -- Solidifying its position as an industry leader, and for the 9th consecutive year, industry publication Business Insurance has named Tompkins Insurance Agencies one of the Top 100 largest insurance brokers in the United States. The July 2022 issue of the magazine ranks Tompkins at 79th largest in the country, signaling yet another banner year among the largest insurance brokers nationwide. The firm’s parent company, Tompkins Financial Corporation, was further recognized by Business Insurance as one of the Top 20 bank-held insurance brokerages by fee income, coming in at number 16 in the prestigious ranking.
“We are thrilled to be recognized yet again as one of the largest insurance brokers in the U.S.,” said David S. Boyce, president and CEO of Tompkins Insurance. “However, it’s not just about numbers, but about relationships. For nearly 150 years, we’ve just as proudly offered local and personalized service to clients in our own backyards in Western New York, Central New York and Southeastern Pennsylvania. We look forward to continuing to serve businesses in our communities for years to come.”
Business Insurance breaks down brokers by size in revenue, based on the 2021 calendar year. The ranking allows clients to evaluate their broker partners, enables individual brokers to benchmark themselves against their peers and market leaders, and helps to form trends for customers’ risk management and employee benefits challenges and service needs.
In addition to providing commercial insurance programs for businesses throughout New York and Pennsylvania, the agency also serves more than 36,000 personal insurance and employee benefits clients. Tompkins Insurance Agencies operates 16 offices in Western New York, six offices in Central New York and six offices in Southeast Pennsylvania. It is an independent insurance agency offering personal and business insurance and employee benefits services through more than 50 different companies. A part of Tompkins Financial Corporation, (trading as TMP on the NYSE - MKT), the agency is affiliated with Tompkins Community Bank and Tompkins Financial Advisors, both operating in Western New York, Central New York, Southeast Pennsylvania and New York’s Hudson Valley.