Meet IGN: CMB Group of Companies Rebrands as Insurance Growth Network

Edmonton AB (Nov. 21, 2024) – IGN, formerly CMB Group of Companies, is a brokerage builder providing strategic support to producers launching a brokerage and owners looking to grow.

With 38 years of experience and recognized as a top organic growth broker in North America,[1] IGN has a proven track record of growing branches around producers using proven strategies. Since 2018, IGN has expanded from a single office to eleven member locations and has seen a remarkable 304% increase in growth over the past four years.

“Many brokerages are constrained by traditional growth models that focus on mergers and acquisitions, which can stifle independence and long-term value creation,” said Ben McDonald, CEO of IGN. “At IGN, we champion a path of self-determination, equipping our members to carve out their own success in an industry ripe for innovation.”

IGN members are considered some of Western Canada’s last truly independent large brokerages, who remain focused on putting clients first, free from private equity influence. As a 100% locally owned and Alberta-based network, IGN fosters an environment where client-level innovation is prioritized over large-scale consolidation.

“IGN stands apart by focusing on empowering brokerages to grow organically, rather than through acquisitions; instead, IGN is in the business of building brokerages, unlocking growth potential, and supporting the success of its members without sacrificing independence.”

The Insurance Growth Network is uniquely focused on rebuilding the middle market broker. IGN specializes in developing brokerages for the middle market—an essential segment for enhancing customer experience, fostering innovation, and driving organic growth. IGN stands apart by focusing on empowering brokerages to grow organically, rather than through acquisitions; instead, IGN is in the business of building brokerages, unlocking growth potential, and supporting the success of its members without sacrificing independence.

“Large conglomerate brokers grow by acquiring firms, which often results in a loss of innovation at the client level,” says McDonald. “At IGN, we grow one policy at a time, ensuring that innovation and value stay where they belong—with our clients.”

How IGN works

IGN’s blueprint for transformative success is structured yet flexible:

  • Collaboratively develop a personalized growth or launch plan.
  • Join the Insurance Growth Network for expert guidance.
  • Leverage systems and services from an extensive network.
  • Maintain momentum through an accountability program.

IGN fills a crucial gap in the market by supporting insurance brokerages that want to grow and eventually sell on their own terms and timeline. IGN provides the skills, strategies, and supports necessary to launch or grow a brokerage, ensuring members have the tools to succeed in a competitive industry.
Get Connected

IGN is open to collaboration with Western Canadian forward-thinking producers and brokerages poised for growth and independence. As a network that champions autonomy, IGN is an ideal partner for businesses aiming to enhance their market position. If you’re ready to advance your brokerage and explore new heights of success, IGN offers the support and resources necessary to achieve your ambitions.

For information on how to leverage IGN’s history of success for your brokerage’s future, contact IGN.

Notes

1. Identified by MarshBerry as one of North America’s fastest-growing insurance brokerage firms (comparable revenue size).

About IGN

We are a brokerage builder. IGN provides strategic support to producers who want to launch their own brokerage or owners looking to increase shareholder value. IGN also forms strategic partnerships with businesses, conglomerates, or community associations looking to monetize large insurance expenditures or differentiate their services.. For more information, visit www.insurancegrowthnetwork.ca.

SOURCE: Insurance Growth Network (IGN)

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