31 Oct 2018

Press Release | The 2018 Best Practices Agencies

Press Release

The 2018 Best Practices Agencies

October 2018

Diversified Insurance Group is pleased to be awarded a Best Practice Agency again for 2018 by the Independent Insurance Agents & Brokers of America (IIABA.) Only the most well-respected independent insurance agencies throughout the country receive this honor. Agencies are nominated by company and state association partners. Nominated agencies submit detailed financial and operational information which is scored and ranked objectively. An agency retains their status as a best practice agency by consistently submitting a detailed review of their financial and operational data each year.

“This recognition as a Best Practice Agency validates the team efforts at Diversified and shows the world the outstanding work that we do.” says Spence Hoole, Diversified President & CEO.

Through the Best Practices Agency survey and award program, the best business practices from these top agencies are documented and made available for other agencies to implement in their own firms.

“Since 1993, IIABA and Reagan Consulting have partnered to produce the Best Practices Study…which focuses on 6 main revenue categories; revenue growth/profitability, financial stability, expense management, and sales/operations productivity.” – IIABA.