Rue Insurance 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 joined 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.
“We are proud to be recognized with this prestigious distinction and wish to congratulate all the Best Practices Agencies,” says William Rue, Jr., President of Rue Insurance. “Being a Best Practices Agency demonstrates our commitment to continuous improvement and an outstanding customer experience. Thanks to the IIABA for helping to support and promote the value that independent agencies provide to their customers, carriers and communities.”
Since 1917, Rue Insurance has been advising businesses and families on how to lower their risks and protect their assets. Through their custom Be Ready Process, Rue Insurance is able to help clients identify risks and design solutions that reduce costs. Rue is headquartered in Hamilton, NJ, but advises clients across the US and worldwide.
For further information on how you can “Be Ready with RueTM”, please contact William Rue, Jr. of Rue Insurance at 609-586-7474.
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.