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You're Nominated!

STEP UP
STEP AHEAD

STEP UP AHEAD

Congratulations! Your agency has been nominated to participate in the 2022 Best Practices Study. 

This nomination brings you one step closer to Best Practices Agency status and is a testament to your hard work and dedication to your agency, staff, and clients. Your Big "I" state association, carrier and vendor partners recognize your financial, management and operational success and applaud you. Starting today you can take this nomination to the next level by becoming a Best Practices Agency! 

This page outlines the benefit for taking the time to submit agency data (Agency Performance Analysis), deliverables to all those who achieve Best Practices Agency status (Campaign Components), enhancements to the process (How to Participate), link to access the data collection portal and much more.

Commit and invest the time today in your agency and reap the rewards soon after. Take the next step to becoming a nationally-recognized Best Practices Agency and log in to the interactive portal and enter the email address where you received "Your Invitation to Participate in the 2022 Best Practices Study" notification. If you did not receive your "Invitation" email, please contact Michelle Appelbaum at Reagan Consulting via phone at 404-233-5545, or by email: michelle@reaganconsulting.com.

The annual Best Practices Study is a joint project of Reagan Consulting and the Big I.


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Why Should You Participate?

  • Every agency that completes the data will receive a full Agency Performance Analysis Report, regardless of selection.
  • If awarded the Best Practices Agency designation, your agency will be a nationally-recognized Best Practices Agency for the three-year cycle.
  • Carriers, industry leaders and the media will look to your agency as a leader of the industry. 
  • Nominations won't happen again until 2025, so now's the time!

Participation is a three-year process that includes the initial Study followed by two annual updates. The annual report is the go-to benchmarking resource for carriers, agencies and insurance media and signifies excellence.
 


Are YOU Ready to Earn Your Spot as a Best Practices Agency?


How To Participate - It's Never Been Easier


Receive a Customized Agency Performance Analysis "APA" Report (a $495 Value) for Submitting Your Data. Includes:

Complete personalized analysis of your agency

Ranking of your key operating metrics

Identification of your low-ranking key areas and your golden opportunities 

Agency snapshot including where you stand compared to your Best Practices peer revenue group.

Deep dive into your revenue, growth, organic growth, sales velocity, expenses, profitability, technology, staff, producer comp and stability

Remember, you receive the complimentary APA Report for submitting your data, even if you do not qualify as a Best Practices Agency.


REVIEW A SAMPLE APA AND See what's inside



Campaign Components

  • Benefit from national exposure in a two-page ad in IA magazine with the 2022 Best Practices Agencies recognized and listed by name and state.
  • Be recognized throughout the three-year cycle in articles and in various trade publications featuring Best Practices agencies.
  • Announce your accomplishments to clients, insurance carriers and the community using the Best Practices media kit.
  • Boost your brand by using the special "Best Practices Agency" logo, suitable for website, letterhead and more.
  • Show pride in your office with a plaque and a copy of the ad indicating your Best Practices status, suitable for framing. 
  • Highlight expertise as Best Practices Agency staff are often requested for interviews and perspective on industry issues, furthering showcasing excellence to the industry.

The Best Practices Advantage
If your agency is selected as a Best Practices Agency, participating in the nationwide promotional campaign will help you boost brand recognition where it matters most --- with clients, carriers and the insurance community. When leveraged, this prestigious industry recognition is an effective marketing tool that helps build business, aids in employee recruitment and enhances carrier relationships. 


The Best Practices Study, conducted annually since 1993 by the national Big "I" and Reagan Consulting, compiles benchmarking data and examines the operating and financial characteristics for each of the six revenue categories of top-performing agencies across the country


TAKE THE NEXT STEP!

SUBMIT YOUR DATA TODAY!



 Earn Your Exclusive Invite

BEST PRACTICES SYMPOSIUM

January 18 - 20, 2023
Westin Savannah Harbor Golf Resort & Spa, Savannah, GA

Learn More

Open only to the elite 2022 Best Practices Agencies and the Study Sponsors, the Best Practices Symposium combines
networking, learning, and relaxation in Savannah, Georgia chock full of southern charm.


  




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Access Your Interactive Online Portal Here

Submit your data through the secure online portal using the email address where you received your "Your Invitation to Participation in the 2022 Best Practices Study" email.

Best Practices and the Best Practices Gateway are joint projects of:



For Assistance or Questions, Contact:

Michelle Appelbaum
Reagan Consulting, Inc.
3495 Piedmont Road, Building 10, Suite 920
Atlanta, GA  30305
404-233-5545
michelle@reaganconsulting.com 

Agency data is due to Reagan Consulting by April 30, 2022. 








 

Thank you to our Best Practices Sponsors!



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Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
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