XS Brokers, one of the largest independent insurance brokerages in New England, recorded the highest gross written premium writings in its history, adding 15 new work associates, and placing a record amount of new business for the calendar year 2015. The firm recorded $108 million in gross written premium, a 13% increase year over year and the highest on record. In addition, its new business accounted for a record $33 million.

“We are pleased that our brand has resonated with our retail agency partners and clients to whom we owe a great deal of thanks for partnering with us,” said Adam Devine, CEO & President of XS Brokers. “Our growth has been purposeful and well managed, focused on a high level of client service.” Devine credits much of the growth to the firm’s retail partners growing more organically with the organization as well as the formation of XS Specialty Brokerage, focusing on medium to higher hazard General Liability, Umbrella, Professional and Management Liability as well as Environmental risks.

With transactions up over 22% for the year, the firm also recently moved its home office to larger quarters. “We have always invested back in our company, from hiring and retaining the best talent in the industry, to our office space and cutting edge technological capabilities,” said Devine.

For 2016, the firm anticipates continued growth and adding to staff and levels of expertise. The firm will continue to partner with retail agencies and an emphasis on XS Specialty Brokerage.

XS Brokers Insurance Agency, Inc. is a leading Northeast wholesale & MGA brokerage. Headquartered in Quincy, MA, XS Brokers has been dedicated to providing retailers with innovative E&S solutions and leading-edge service for almost 40 years.