Towne Insurance ranked as Top 100 Broker of U.S. Business

«Back to News 08/29/2016 | VIRGINIA BEACH, VA Towne Insurance is ranked in Top 100 Brokers by Business Insurance magazine for the fourth consecutive year. This ranking is based on 2015 brokerage revenue and showing a 12.9% increase over 2014 numbers, Towne Insurance climbed nine places to secure the 68th position. 

“The brokers in this report represent the largest and most successful firms in the business; we are honored to be named among them.” states Dudley Fulton, Towne Insurance, President and CEO. “This ranking speaks to the extraordinary member service and strong insurance expertise of Towne’s professionals throughout Virginia and North Carolina.”

This annual ranking, which has been published for 45 years, delivers critical information to insurance buyers. It provides insights into trends shaping customers’ risk management and employee benefits challenges and service needs, as well as a market leader benchmark for peer comparison. 

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. 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. For more information, please visit

As one of the top community banks in Virginia and North Carolina, TowneBank operates 38 banking offices serving Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, Virginia Beach, Williamsburg, James City County, York County, Richmond, Glen Allen, Mechanicsville, and Chesterfield in Virginia, along with Moyock, Grandy, Camden, Southern Shores, Corolla and Nags Head in North Carolina. Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, Beach Properties of Hilton Head and Oak Island Accommodations. Local decision-making is a hallmark of its hometown banking strategy that is delivered through the leadership of each group’s President and Board of Directors. 

With total assets of $7.94 billion as of June 30, 2016, TowneBank is one of the largest banks headquartered in Virginia.

Business Insurance
serves business executives who are responsible for the purchase and administration of corporate insurance/self-insurance programs, encompassing both property and liability insurance and employee benefit programs, including life, health and pensions. For more information, please go to