| Once every three years the Big “I" asks insurance company partners, state associations, and other industry organizations to nominate agencies they consider to be among the best agencies in the industry by revenue category. Nominated agencies will be invited to participate and become a Best Practices agency. Each nominee must be willing to share their key business practices to complete an in-depth survey detailing their financial and operational year-end results. Those results are then scored and ranked objectively for inclusion as a Best Practices agency based on operational excellence. Agencies that are named as a Best Practices agency are among the top 30-40 performing agencies in one of the six revenue categories. Their year-end results and business practices are compiled to create the Best Practices benchmarks. Agencies retain their Best Practices status for the three-year study cycle if they submit their data each year to update study benchmarks. Taking part in the study is prestigious recognition and nominating your top agencies is a terrific relationship builder. Nominating an agency does not obligate them to participate. Start thinking now about firms you think exhibit Best Practices Agency characteristics. An official call to action and materials will be distributed in November. |
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