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Nov 23
How to Become a Best Practices Agency
 

Do you want your agency to participate in the next three-year cycle of the Best Practices Agency? Declare your interest by submitting a self-nomination form.  ​​

The annual Best Practices Study, conducted by the Big “I" and Reagan Consulting, over the last 28 years has examined top-performing agencies from across the country. For these agencies, inclusion provides the prestigious status of Best Practices Agency and opens the door to many benefits.

The study compiles the operating statistics of the country's leading agents and brokers. To achieve this objective, the agencies included in the annual study must first be nominated for participation by an insurance carrier or a Big “I" state association. The industry-wide nomination process is conducted every three years and new nominees are allowed to participate only at the start of a new cycle. 

The 2021 Best Practices Update was just released, recognizing Ryder Rosacker McCue & Huston of Grand Island and UNICO Group of Lincoln, who were among more than 260 agencies across 45 states.​

A new nomination process began in October, so your agency could be next! 

All nominated agencies are notified and invited to participate. If they choose to participate, they must submit detailed financial and operational information which is analyzed, scored and ranked objectively for inclusion in the study based on operational excellence in several areas including growth, profitability, productivity and financial stability.

Benefits include:

  • All agencies that are nominated and submit data receive a personalized Agency Performance Analysis based on their results from Reagan Consulting (a $495 value).
  • National exposure through ads in Independent Agent magazine.
  • Exclusive education and an invitation to the Best Practices Symposium.
  • Wall plaque and color copy of the ad indicating Best Practices Agency status.
  • Media kit to announce status to clients, carriers and community.
  • Exclusive use of the Best Practices Agency logo for industry and clients.

To learn more about the process and hear insight from current Best Practices Agencies, register for the “Best Practices Agency Process Explained" webinar on Dec. 15 at 1 p.m. CT. ​

Visit the Become a Best Practices Agency webpage for a timeline, watch peer videos and indicate interest with the self-nomination form. If your good standing in the agency community is verified by your state association or designated carrier, you will be invited to participate in the 2022-2025 cycle.

Don't miss out on this opportunity to gain powerful insight into your agency operations and be recognized for your excellence.

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