Summary

Innovative Insurance Group

Founded in 2015

Description

Innovative Insurance Group is an independent insurance agency founded in 2015 after the merging of four prominent benefits agencies in Virginia, Benefits Group Insurance and The Denison Insurance Agency located in Roanoke, Weaver and Weaver Insurance Agency located in Lynchburg and Insurance Services South located in Kenbridge. The IIG Team has over 100 years of combined experience in Individual, Employee Benefits and Medicare Insurance. Innovative is one of the largest brokerages in Virginia with expertise in Human Resources as well as Affordable Care Act Compliance and Reporting.

Strengths

  • Innovative Insurance Group has a strong market share in their industry
  • Revenue generated per employee is greater than industry average
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since Innovative Insurance Group was founded, the company has grown faster than the industry average

Annual Revenue

Innovative Insurance Group's annual revenue

$7092000

Based on Kona Equity data

  • Revenue per employee

    $373263

  • Variance of revenue growth

    0.05

  • Annual revenue growth since founding

    $788000

  • Revenue growth rate from first known quarter to current

    63.7%

Employee Count

19 employees

  • Employee growth rate from first known quarter to current

    30.4%

Executives

Dennie Denison

Principal

d**@thinkinnovative.net

Rj Gibson

Director, Brokerage Operations

r**@thinkinnovative.net

Tyler Goodman

Account Manager

t**@thinkinnovative.net

Kasey Simpson

Admin Assistant

k**@thinkinnovative.net

Earl Weaver

Owner

e**@thinkinnovative.net

Samuel Irby

Principal

s**@thinkinnovative.net

Karen Hawks

Manager, Operations

k**@thinkinnovative.net

Kevin Reed

Insurance Broker

k**@thinkinnovative.net

Charlene Read

Manager, Office & Business

c**@thinkinnovative.net

Candy Gladden

Client Service Manager

c**@thinkinnovative.net

Ashley Bennett

Owner and Founder

a**@thinkinnovative.net

Ginger Janney

Director, Operations & Budget

g**@thinkinnovative.net

Linda Gatewood

Sales Executive

l**@thinkinnovative.net

Carol Parag

Position In Client Service

c**@thinkinnovative.net

Amy Mutter

Director, Sales

a**@thinkinnovative.net

Barbara Davis

Regional Director, Financial

b**@thinkinnovative.net

Brad Weaver

Vice President - Producer

b**@thinkinnovative.net

Sharon Accardo

Senior Markets Advisor

s**@thinkinnovative.net

Kimberly Simpson

Sales Executive

k**@thinkinnovative.net

Sandi Kidd

Administrative Assistant

s**@thinkinnovative.net

Doris Donohue

Manager, Accounting

d**@thinkinnovative.net

G Score - 6

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G2 Income per employee more than industry average.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

2670 Electric Rd 
Roanoke, VA  24018

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Key Information

  • SIC: 6411; 641
  • NAICS: 524; 5242
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Innovative Insurance Group.

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Frequently Asked Questions

Where is Innovative Insurance Group located?

Innovative Insurance Group's headquarters are located at 2670 Electric Rd  Roanoke, VA  24018.


What is Innovative Insurance Group's official website?

Innovative Insurance Group's official website is thinkinnovative.net


What is Innovative Insurance Group's revenue?

Innovative Insurance Group's annual revenue is $7.1 M.


What is Innovative Insurance Group's SIC code?

Innovative Insurance Group's SIC: 6411; 641


What is Innovative Insurance Group's NAICS code?

Innovative Insurance Group's NAICS: 524; 5242.


How many employees does Innovative Insurance Group's have?

Innovative Insurance Group has 19 employees


What industry does Innovative Insurance Group belong to?

Innovative Insurance Group is in the industry of Insurance.

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