Indium and CMS partner to expand market access and growth solutions for independent agents

October 31, 2019

For Immediate Release

Contact:                                                                          
Tori Metzger, Brand Marketing Coordinator
tmetzger@goindium.com | (614) 942-1474

Indium and CMS Insurance create strategic partnership to provide independent agents expanded market access and growth solutions.

Two regional, independent agent-led agency networks are collaborating to support the growth of independent insurance agents. CMS Insurance Service, a West Virginia-based agency network supporting 130 independent agents in 6 states, has acquired a minority ownership interest in Indium (formerly MarketSource Agency Network), an Ohio-based agency network supporting 330 independent agents in 11 states.

“Our industry is evolving at a rapid pace, on all fronts,” said Chad Eddy, CEO of Indium. “We sit in a unique position, where we see first-hand what agents, carriers, vendors, and our peers are going through to remain relevant. Every aspect of the insurance supply chain is confronting significant disruption all at once. It’s an extraordinary time for our industry, really. And as we’ve reinvented ourselves to meet these demands, we’re looking to expand our reach through strategic partners who share our culture and mission to give independent agents the edge they need to stay independent, both now and in the future.”

"Our family owned independent agency DNA is what drives us to be a true asset for our agency partners each day,” said Mark Johnson, President of CMS. “Our commitment to helping small, hometown agencies stay truly Independent is what led us to partner with Chad and Indium. Our company philosophies align perfectly, and we believe this is a win for our agent partners in the fight to stay independent. I am so pleased and thankful to officially kickoff this partnership that will bring tremendous value to our CMS family!”

Since inception, both companies have been helping independent agencies across the country grow their businesses and maintain their independence. Together their agency footprint spans 13 states, and their carrier partnerships expand to 12 commercial lines and 11 personal lines companies.

In addition to market access, Indium and CMS provide their agency partners with a unique producer development and coaching program and Net Promoter Score technology and consulting.

“This partnership enables us to leverage the strengths of our combined resources and company partnerships to provide more support to more independent agents,” said Chad Eddy and Mark Johnson.

To learn more about Indium and CMS, visit their websites at www.goindium.com and www.cmsinsurance.net.

 

####

About CMS

40 years ago, Conn and Joyce Johnson began an independent insurance agency in a small town in West Virginia (Johnson Insurance Agency). Johnson Insurance has taken great pride in being a family-owned agency upholding the unique values and principles inherent to the independent agency system. In addition to the responsibilities of running an agency, Mr. Johnson ran a small farm mutual company for five years and earned the respect of many insurance professionals throughout the industry.

The knowledge, perspective and real-world experiences gained from the Johnson Insurance Agency, and the time spent running the farm mutual company, provided the inspiration for CMS Insurance Service Inc. Like many agency owners, Conn and Joyce dealt with issues and problems that all agencies have to deal with on a daily basis; unfortunately, they were not satisfied with the solutions available to the independent agent. Because of their knowledge and understanding, Conn and Joyce were able to create a system of doing business philosophically aligned with what agencies TRULY need and TRULY want (and in a manner that perpetuates, upholds and protects the independent agency channel). In short, we treat agencies the way we would want to be treated and we’ve been proudly doing business since 1983.

 

About Indium

Indium (originally MarketSource Agency Network, LLC) was founded in 2005 out of the Ohio Insurance Agents Association (OIA). Everything Indium does is meant to challenge the established model of insurance, giving Indie Agents™ an edge now and in the future. In staying true to our founding principles, Indium is a leading market access provider whose focus is to facilitate enhanced revenue and profitable growth opportunities for our independent agency partners. We are still owned and directed by independent agents, and we support agency partners across the country who have placed over $50 million in written premium with our carrier partners. For more information, visit www.goindium.com/go-indie