LP Insurance Services LLC announces that it has once again participated in the Independent Insurance Agents & Brokers of
America Best Practices Study Group and is thus named a best practice agency. LP, which operates an office in Quincy, joined a group of specially qualified independent insurance agencies from around the United States in participating in the study group.
Each year IIABA (also referred to as Big “I”) and Reagan Consulting, an Atlanta-based management consulting firm, jointly study the country’s leading agencies in various revenue groups. The named agencies are awarded a best practices agency designation, said LP. The selected agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year.
“We are proud to continually earn our best practices agency designation,” said Brian Cushard, president and CEO of LP. “This is our 10th year in a row to be named to this incredible group and it’s always an honor.” More than 1,100 independent agencies throughout the country were nominated to take part in the annual study, but only 348 agencies qualified for the recognition.
To be chosen, brokerages must be among the 35 to 45 top-performing agencies in one of six revenue groups. LP Insurance and the other top performers were all nominated by either an IIABA-affiliated state association or an insurance company and were qualified based on operational excellence.
“We strive to be recognized and respected as the foremost brokerage in the western United States,” said Trinity Steelman, LP chief operating officer. “This title illustrates our dedication to serving our clients, our team and our communities.”
The Best Practices Study Group was initiated by IIABA in 1993. The annual survey and study of leading independent insurance agencies documents the business practices of the highest-performing agencies and urges others to adopt similar practices.
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 clients a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance as well as employee benefit plans and more.
LP is a risk management and insurance brokerage firm specializing in property, casualty, surety, workers’ compensation, employee benefits, personal and risk management services. Headquartered in Reno, LP has additional offices in Nevada, California, New Mexico and Arizona. More information is available at http://www.lpins.net.
