November 23, 2021
Insurefit RM Included in the Big “I” 2021 Best Practices Study
Insurefit RM 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, 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 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.
“In being one of six agencies in Tennessee named a Best Practices Agency, it’s an honor to receive this recognition for the 3rd year in a row,” said Mel Evans, Insurefit RM president. “We’ve come a long way in less than 9 years. An agency has to be clicking on all cylinders to be designated as a Best Practices firm. And strong efforts from our team has led to the result of achieving this status. We thank all clients and those who support us, they make this all possible.”
Insurefit RM was founded in 2013 and can offer insurance products from a number of different companies including Erie Insurance, CHUBB, Progressive, and Safeco. Learn more at https://insurefitrm.com/.