Indiana's largest insurance agencies.

• Author: Sullivan, Joe
• Position: Directory

ACORDIA Indianapolis 1996 total premiums written: $3 billion

Acordia is an industry giant, though times are changing at the Indianapolis-based company, the world's seventh-largest insurance brokerage.

Originally an arm of insurance carrier Anthem Inc., Acordia was spun off into a separate public company with Anthem as the majority shareholder. More recently, Anthem bought back the minority interest in Acordia, then began integrating Acordia's Anthem-related health operations into its Indiana, Kentucky and Ohio Anthem Blue Cross and Blue Shield operations. And in August, Anthem sold Acordia's insurance brokerage operations to an investor group co-sponsored by Knightsbridge Capital and Wand Partners.

Many of Acordia's key managers remain in place, and the company is still headquartered in Indianapolis. Acordia now specializes in providing property and casualty insurance brokerage services to middle-market companies across the United States.

GARDNER & WHITE Indianapolis 1996 total premiums written: $237 million

Gardner & White opened in 1963 as a partnership to provide employee-benefit plans for hospitals. The agency now specializes in group benefit plans and individual financial counseling and provides several other types of insurance programs through its 16 offices statewide and 200 employees. Gardner & White provides group, life, disability, health and dental insurance as well as pensions, 401(k) plans and other retirement-planning products.

AGENCY CITY 1996 TOTAL PREMIUMS Acordia Indianapolis $3 billion Gardner & White Indianapolis $237 million Insurance & Risk Management Fort Wayne $145 million Conseco Risk Management Carmel $110 million Standard Marketing Corp. Indianapolis $90 million M-J Insurance Indianapolis $89 million Tobias Insurance Agency Indianapolis $78 million Daniel James of Indiana Indianapolis $75 million Financial Resources Group Indianapolis $62 million Schultheis Insurance Agency Evansville $60 million Gregory & Appel Insurance Indianapolis $54 million Forrest Sherer Terre Haute $53 million AUL Tower Agency Indianapolis $52 million Citizens Insurance Evansville $49 million Gibson Insurance Group South Bend $45 million NBD Insurance Elkhart $40 million State Insurance Agency Indianapolis $35 million DeTrude & Co. Indianapolis $34 million Waterfield Insurance Agency Indianapolis $33 million Fox and Fox Insurance Agency Indianapolis $32 million Cassady Nesser & Brasseur South Bend $27 million Miles & Finch Kokomo $25 million Herke Insurance...