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VAST in ‘best practices’ study

September 23, 2013
The Mining Journal

MARQUETTE -VAST is part of a select group of independent insurance agencies around the U.S. participating in the Independent Insurance Agents & Brokers of America "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 agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year.

More than 1,100 independent agencies throughout the U.S. were nominated to take part in the annual study, but only 216 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. VAST?qualified based on its operational excellence.

The Best Practices Study was initiated by IIABA in 1993 as the foundation for efforts to improve agency performance. The annual survey and study of leading independent insurance agencies documents the work of the "best" agencies and urges others to adopt similar practices.

For more information, contact Beth Swanson at 906-315-7202 or beths@vastsolution.com.

 
 

 

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