SOUTH BEND/PLYMOUTH/INDIANAPOLIS/FORT WAYNE/ELKHART, INDIANA/KALAMAZOO, MICHIGAN – 08/24/18 – Gibson retains its Best Practices status, once again becoming a part of an elite group of independent insurance agencies around the United States. 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, IIABA 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 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, where over 1500 independent agencies throughout the U.S. were nominated to take part in the annual study in 2016, 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.
“Being recognized as a “Best Practices Agency” over these last twenty-five years means we have been successful in our efforts to constantly innovate and grow,” said Ron Turpin, Chief Financial Officer at Gibson. “This has allowed us to be better in serving our clients in a rapidly changing business world as well as our co-workers in giving them opportunities for growth. It is also a testimony to our people and the great care and concern they have for our clients.”
Gibson is a regional insurance broker, risk management services firm, and HR platform provider. With Indiana offices in South Bend, Plymouth, Indianapolis, Fort Wayne, and Elkhart, and now serving Kalamazoo, Michigan. Gibson is 100% employee owned and ranks as a top employer in the region. Visit www.gibsonins.com for more information.
Founded in 1896, IIABA is the nation’s oldest and largest national association of independent insurance agents and brokers, representing a network of more than 300,000 agents, brokers and their employees nationally. Its members are businesses that offer customers a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance – property, casualty, life and health – as well as employee benefit plans and retirement products. Web address: www.independentagents.com.