Risk Placement Services ranks No. 1 in the 2011 Business Insurance ranking of the largest MGAs/underwriting managers!

Date Posted: Friday, October 14, 2011

Risk Placement Services Inc. ranks No. 1 in the 2011  Business Insurance ranking of the largestMGAs/underwriting managers.

Maintaining the leading position from last year's ranking, Itasca, Ill.-based Risk Placement Services reported $1.61 billion in premium volume in 2010, an 8.8% increase from 2009.

Also maintaining the same position from last year are No. 2 Chevy Chase, Md.-based Schinnerer Group and No. 3 Farmington Hills, Mich.-based Burns & Wilcox Ltd.

New to the ranking, which was released Monday, is Houston-based AmRisc L.P., the fourth-largestMGA/underwriting manager, which reported $584 million in 2010 premium volume, and Oak Ridge, Tenn.-based Appalachian Underwriters Inc., which was the fifth-largest with $402 million in 2010 premium volume.

To view the rankings or to purchase copies, go to  www.businessinsurance.com/directories.