Wellesley Hills, MA, (7/30/24) – Deland, Gibson Insurance Associates has retained its Best Practices status for 2024, solidifying its place among the top independent insurance agencies in the United States. This marks the agency’s sixth time achieving this prestigious award.
The Best Practices agency designation is awarded to participants in the Best Practices Study, which analyzes and documents the business practices of the highest-performing insurance agencies in the industry.
“We are incredibly proud to uphold our Best Practices status for 2024,” said Chip Gibson, CEO of Deland, Gibson. “This recognition is a testament to our team’s unwavering commitment to excellence and our mission of Providing Peace of Mind Through Proactive Service. Being part of this distinguished group of independent insurance agencies motivates us to continue striving for the highest standards in the industry.”
Over 2,600 independent agencies throughout the U.S. were nominated for the selection process. For the 2024 Study year, only 235 independent agencies throughout the U.S. qualified for and retained their status as Best Practices agencies.
Since 1993, the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) and Reagan Consulting, an Atlanta-based management consulting firm, have joined forces to study the country’s leading agencies in six revenue categories.
Best Practices agencies are selected every three years through a rigorous nomination and qualifying process. Each agency must be among the 35-45 top-performing agencies in its revenue category to be awarded Best Practices status.
Best Practices agencies retain their status annually during the three-year cycle by submitting extensive financial and operational data for review. 2024 is the third year of the current three-year study cycle.
Founded in 1896, the Independent Insurance Agents & Brokers of America (the Big “I”) is the nation’s oldest and largest national association of independent insurance agents and brokers, representing over 25,000 agency locations united under the Trusted Choice brand. Trusted Choice independent agents offer consumers all types of insurance—property, casualty, life, health, employee benefit plans, and retirement products—from various insurance companies.
About Deland, Gibson Insurance: Established in 1900, Deland, Gibson is a Massachusetts insurance agency that has thrived working as a trusted advisor for its client base. It has long been the goal and desire to maintain Deland, Gibson as a family-run business. Owners Chip Gibson and Ted Gibson are fourth-generation leaders of the agency. Deland, Gibson has offices in Wellesley, Franklin, Dennis Port, Duxbury, and Worcester, Massachusetts.