DECEMBER 2023—Houchens Insurance Group, a premier insurance and risk management agency with national prominence and local service has joined the Independent Grocers Alliance (IGA), the world’s largest group of independent grocery retailers, as a Red Oval Partner.
The partnership will allow IGA members the opportunity to create customized insurance solutions to protect their businesses, employees, and communities on a level often unavailable to independent retailers.
“Like IGA retailers, Houchens Insurance Group is focused on our community.” HIG’s Consumer Staple and Retail Practice Leader Wells Gunn said. “We are dedicated to serving our clients, co-owners, and communities.”
Houchens Insurance Group comes to the Red Oval Partnership with an award-winning reputation, as they were named Insurance Journal’s Top 100 Property/Casualty Agency and The Independent Insurance Agents & Brokers of America Best Practices Agency in 2022 and 2023.
IGA members will gain access to Houchens Insurance Group’s robust insurance offerings in business insurance, including: commercial property, general liability, workers' compensation, management liability, cyber insurance, product recall, spoilage, umbrella, and more.
"Just like in the grocery business, buying in bulk helps save you money," Gunn said. "The more clients we have in our programs, the better pricing for everyone."
The IGA Red Oval partnership brings together premier manufacturers and strategic industry service providers dedicated to helping independent grocery retailers develop their businesses, better serve customers, and operate more efficiently. IGA Red Oval Partners provide extensive resources otherwise unavailable to most independents.
“We’re excited to welcome Houchens Insurance Group to the Red Oval Family,” IGA VP Brand Development Michael La Kier said. “Their reputation as an advocate for independent retailers, expertise in the grocery industry, and licensing in all 50 states makes them a perfect partner, as more independents throughout the country join our alliance. We are excited for the expertise and value they will bring to IGA.”
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About the Independent Grocers Alliance
The Independent Grocers Alliance (IGA) was founded in 1926, bringing together independent grocers across the United States to ensure that the trusted, family-owned local grocery store remained strong in the face of growing chain competition. IGA is the world’s largest voluntary supermarket network with aggregate worldwide retail sales of over $43 billion per year. The Alliance includes more than 6,200 stores globally, with operations in 46 of the United States and over 25 countries, commonwealths, and territories.
For more information on the Independent Grocers Alliance, visit corporate.iga.com.
About Houchens Insurance Group
Houchens Insurance Group is the 45th largest agency in the nation as rated by Insurance Journal (2023). A member of Houchens Industries, HIG is proud to be a part of the largest 100% employee-owned ESOP (Employee Stock Ownership Plan) in the country. Recognized as a Best Place to Work company in Kentucky for eight consecutive years, winning first place in 2020, HIG now competes in Business Insurance’s Best Place to Work in Insurance for national recognition. In 2022, HIG placed 3rd overall as a Best Place to Work in Insurance. In 2022 HIG partnered with Assurex Global to further expand knowledge and capabilities available to clients.
For more information on HIG, please visit higusa.com.