JACKSONVILLE, FLA. — On the heels of climbing 64 spots on Entrepreneur magazine’s annual Franchise 500 list, Franchise Direct has recognized Brightway among the Top Global Franchises. Brightway ranks No. 118 and is the only insurance franchise in the ranking mentioned.
“We’re thrilled to be recognized as a top franchise by Franchise Direct,” said Brightway President and CEO, Michael Miller, who co-founded Brightway with his brother, David, in 2008. “Last year brought on many challenges for us like it did many other companies. We used that time to continue to innovate to make our platform even stronger with more tools our Agency Owners can use to grow their businesses even faster.”
Franchise Direct uses information gathered from franchise disclosure documents, company submitted data, press releases, government filings and other published industry sources and evaluates companies based on: sales revenue, number of locations, percentage of location growth, number of countries, age, years franchising, financial assistance and corporate citizenship. The evaluation period was approximately fall 2019 to fall 2020.
Brightway’s low-risk, high-reward business opportunities and holistic business platform empowers people from a wide variety of backgrounds to build their own businesses by helping people in their community protect what’s important to them. Nearly 400 insurance experts provide training and ongoing support in areas including Customer Service, Accounting, Marketing, Distribution, Business Analytics, Carrier Relations and Appointments, Licensing, Onboarding, Training, Hiring and Retaining personnel. The company’s signature after-the-sale service gives franchisees the ability to focus on new business sales and provide their customers the personalized service they deserve. Additionally, Brightway offers one of the only business opportunities in which franchisees enjoy a residual income stream as insurance policies renew year after year.
In 2020, Brightway unveiled a new, lower investment model to make it easier and more affordable than ever before to open a Brightway franchise.
About Brightway Insurance
Brightway Insurance is a national property/casualty insurance distribution company with more than $760 million in annualized written premium, making it one of the largest Personal Lines agencies in the U.S.
Brightway’s focus is on producing Win, Win, Win outcomes for consumers by offering customized insurance solutions and for people wishing to sell insurance by providing business opportunities that span from single Agent to multi-unit enterprises. Regardless of the path taken, Brightway provides the support necessary to consistently outsell other insurance agents.
Brightway got its start in 2008 and has since grown to more than 900 people in 289 offices across 24 states serving customers in all 50 states.