Wellesley Hills, Ma 9/16/2019 – Deland, Gibson Insurance is part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) “Best Practices” Study Group.
Each year since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, join 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 selected “Best Practices” agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year.
“Continuous improvement in servicing our clients and lowering their cost of risk is something we strive for at Deland, Gibson. We are very excited to have been recognized for that by being named a Best Practices Agency. It is something that we have been working towards and is a great compliment to the entire Deland, Gibson team,” says Chip Gibson, CEO, Deland, Gibson Insurance Associates.
Ted Gibson, COO, Deland, Gibson Insurance added, “We have been following the Best Practices Study for years with the goal of one day earning the designation. We annually benchmark our results against the Best Practice agencies and use the information to measure our success and find areas to improve. We are thrilled to have achieved the Best Practice Designation and to have Deland, Gibson be included with all the other great agencies around the country.”
More than 1,300 independent agencies throughout the U.S. were nominated to take part in the annual study, but only 267 agencies qualified for the honor. To be chosen, the agency had to be among the top-performing agencies in one of six revenue categories.
The agency was nominated by either a Big “I” affiliated state association or an insurance company and qualified based on its operational excellence.
The Best Practices Study was initiated by the Big “I” in 1993 as the foundation for efforts to improve agency performance. 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.
Deland, Gibson Insurance Associates was founded in 1900 and approaches insurance in a different way than most agencies. Deland, Gibson thrives working as a trusted advisor for its client base and focuses on their unique process that emphasizes 4 areas of risk. They work with their clients to asses and analyze the four areas: strategic risk, business risk, hazard risk and workforce risk. Deland, Gibson is a certified Five Star and Trusted Choice Independent Agency.
For further information, please contact Katelyn Noschese of Deland, Gibson Insurance at 781-237-1515
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.independentagent.com.