Brock Insurance Named Top Performer In The Big "I" 2021 Best Practices Study

Tuesday, September 7, 2021

Brock Insurance Agency has been awarded as a Best Practices Top Performer. Not only is it retaining its Best Practices status, once again becoming a part of an elite group of independent insurance agencies around the United States, but also earning the additional designation as the highest performing agency in its revenue category. This status comes by participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) Best Practices Study group. The annual survey and study of leading independent insurance agencies documents the business practices of the “best” agencies and urges others to adopt similar practices.

Since 1993, the Big “I” and Reagan Consulting, an Atlanta-based management consulting firm, have join forces to study the country’s leading agencies in six revenue categories. The agencies comprising the study groups are selected every third year through a comprehensive nomination and qualifying process and awarded a “Best Practices Agency” designation. The agency was nominated by either an IIABA affiliated state association or an insurance company and qualified based on its operational excellence.

The selected Best Practices agencies earn the Top Performer designation and retain their status during the three-year cycle by submitting extensive financial and operational data for review each year. This is the third year of the current three-year study cycle (2019-2021), where over 1,000 independent agencies throughout the U.S. were nominated to take part in the annual study in 2019, but only 262 agencies qualified for the honor. To be chosen, the agency had to be among the 35-45 top-performing agencies in one of six revenue categories.  

“This is such a testament to the incredible team we have," said Mark Brock, Brock Insurance Agency president. "To be recognized amongst the other top agencies only solidifies what we do day in and day out."

 



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