Nine ARM Agencies Among Big I’s "2015 Best Practices Agencies”

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Associated Risk Managers (ARM) is pleased to announce that nine member agencies have been named among “The 2015 Best Practices Agencies” of Independent Insurance Agents & Brokers of America (IIABA, or the Big “I”).

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We are excited that 9 of our ARM member firms were recognized as 2015 Best Practices Agencies by IIABA and Reagan Consulting for operational and financial management which places them in the top 1% of their respective peer groups.

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Associated Risk Managers (ARM) is pleased to announce that nine member agencies have been named among “The 2015 Best Practices Agencies” of Independent Insurance Agents & Brokers of America (IIABA, or the Big “I”).They are:

GEORGIA – Prime Financial Services of Fayetteville
ILLINOIS – Esser Hayes Insurance Group of Naperville, and Brennan and Stuart, Inc. of LaSalle
MASSACHUSETTS – FBinsure of Taunton
MISSISSIPPI – SouthGroup Insurance & Financial of Ridgeland, and Wellington Associates of Flowood
NEW JERSEY – Thomas H. Heist Insurance of Ocean City
OHIO – Brooks Insurance Agency of Toledo
OKLAHOMA – INSURICA Insurance Management Network, of Oklahoma City

Since 1993, the Big I and Reagan Consulting, an Atlanta-based management consulting firm, have studied the country’s leading agencies in six revenue categories. Agency selection for the study takes place every third year, and agencies are chosen through an extensive nomination and qualification process. When chosen, agencies receive the coveted “Best Practices Agency” designation, which is retained for three years. During that time, agencies submit comprehensive financial and operational data to the study group annually for review.

During this current three-year study, more than 1,100 independent agencies throughout the U.S. were nominated, but only 195 agencies were awarded the honor. Gary Semmer, Executive Vice President and Partner at Esser Hayes, and member of ARM National’s Board of Directors states "We are excited that 9 of our ARM member firms were recognized as 2015 Best Practices Agencies by IIABA and Reagan Consulting for operational and financial management which places them in the top 1% of their respective peer groups.”

About the IIABA:
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: http://www.independentagents.com.

About ARM:
ARM is the nation's foremost independent agency network, representing over 200 independent member organizations, 22 states, and $4 billion annually in premium volume. For more information on ARM, contact Scott Spangler, ARM Partners, Two Pierce Place, 20th Floor, Itasca, IL 60143-3141. Phone: 630-285-4324. http://www.armiweb.com Strong as Many. Powerful as One.

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Scott Spangler
ARM
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