Combined Agents of America and HIIG Energy Introduce Exclusive CAA Engineered Risk Energy Program
Austin, TX January 08, 2013 - Today Combined Agents of America, LLC (CAA) announced The CAA Engineered Risk Energy Program. The program was developed in partnership with HIIG Energy, a member of Houston International Insurance Group (HIIG). The program is exclusive to CAA member agencies in Texas, and available to CAA member agencies in Oklahoma and Kansas. CAA is a managing general agency (MGA) committed to strengthen the independent insurance agency system through profitable growth and exceptional service for its member agencies.
The Program is composed of five elements which include: a Master Service Agreement or MSA Program, an IS Networld compliant Safety Program, a mobile Risk Containment Program, an Insurance Program underwritten by HIIG Energy and a Claims Management Program. Available lines include workers compensation, general liability, auto, property, inland marine, excess and various other miscellaneous lines. All with admitted HIIG companies rated A- (Excellent) by A.M. Best.
“We are extremely pleased to partner with CAA in developing this exclusive energy program,” says Byron Way, CEO of HIIG Energy. “CAA’s collective firepower in the marketplace, reach in Texas and expertise in energy made them a great fit for HIIG Energy. With the success of this first exclusive program, we hope to expand our products to CAA.”
“It has been a real pleasure to work with HIIG Energy in developing this exclusive energy program,” says Steve Jamison, CAA member and Principal of EFGI Insurance & Bonds. “Both CAA and HIIG are entrepreneurial, innovative, growing organizations. With the market firming, we have high expectations for great success.”
About Combined Agents of America, LLC
Founded in 1997, Combined Agents of America, LLC (CAA) is based in Austin, Texas, and is comprised of 47 independent insurance agencies located throughout Texas, Oklahoma and Kansas. By funneling the agencies’ combined premiums, CAA brings larger volume commitments to insurance companies, while empowering its members to realize greater benefits from insurance companies, vendor discounts and other incentives. In 2011, CAA generated more than $505.8 million in annual premiums, and currently works with 18 of the largest US insurance companies. CAA experienced more than 20.5% growth in written insurance premium in 2011, compared to the $419.9 million it wrote in 2010. All CAA member agencies remain independent and are recognized by insurance companies as a key component to their future growth and goal