Starke Agency, Inc. retains its Best Practices status, once again becoming a part of an elite group of independent insurance agencies around the United States. This status comes by participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) Best Practices Study group. The annual survey and Study of leading independent insurance agencies documents the business practices of the “best” agencies and urges others to adopt similar practices.
Since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, have 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 agency was nominated by either an IIABA affiliated state association or an insurance company and qualified based on its operational excellence.
The selected Best Practices agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year. This is the third year of the current three-year study cycle, where over 1500 independent agencies throughout the U.S. were nominated to take part in the annual study in 2016, but only 262 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.
With “confidence moving forward” we are humbled to again be awarded the Best Practice Award for 12th consecutive year”, says Bolling P. (Trey) Starke, III, President and CEO of Starke Agency, Inc. “We continue to invest in people, value added services and customer friendly technology to position us for the future. In 2019 our agency will have been in existence for 90 years making us the oldest independent agency in Central Alabama and we plan to keep it that way.”
The Starke Agency was founded in 1929 and can offer insurance products from a number of different companies including Auto Owners, Chubb, Nationwide, Cincinnati, and over 20 more carriers.
For further information, please contact Brenda Whitney of Starke Agency, Inc. at 334-264-5535.