INDIANAPOLIS, Aug. 24, 2010 (GLOBE NEWSWIRE) -- Old National Insurance ranks in the Top 10 largest bank-owned insurance brokers, according to Business Insurance Magazine. ONI is ranked tenth, moving up from 13th in the previous year's rankings. In addition, Old National Insurance is the largest Indiana-based, bank-owned insurance broker.
Old National Insurance moved up more than 10 positions on the list of the 100 largest insurance brokers of U.S. business. Old National Insurance is now ranked 63rd nationally based on more than $36 million in revenue in 2009. ONI has been ranked among the top 100 for 10 years in a row.
"We've not only consistently moved up in the industry rankings, but we've enhanced the breadth and strength of Old National Insurance products and services to meet the increasingly complex needs of our clients," said CEO Tom Flynn. "We've grown into a large, financially sound risk management company with a full spectrum of services for our customers who are competing in the national and international marketplace."
Old National Insurance employs nearly 300 associates at seven offices across Indiana and throughout the Old National Bank branch network.
Old National Bancorp, which celebrated its 175th anniversary in 2009, is the largest financial services holding company headquartered in Indiana and, with $8 billion in assets, ranks among the top 100 banking companies in the United States. Since its founding in Evansville in 1834, Old National has focused on community banking by building long-term, highly valued partnerships with clients in its primary footprint of Indiana, Illinois and Kentucky. In addition to providing extensive services in retail and commercial banking, wealth management, investments and brokerage, Old National also owns one of the largest independent insurance agencies headquartered in Indiana, offering complete personal and commercial insurance solutions. For more information and financial data, please visit the Company's website at www.oldnational.com.
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