BFS Insurance Group named 2016 “Best Practices Agency”
Clarksville, TN – BFS Insurance Group has been designated as one of the top independent insurance agencies in the United States in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) “Best Practices” Study Group for 2016.
Every year, 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 are selected through a comprehensive nomination and qualifying process and submit extensive financial and operational data for review.
More than 1,800 agencies in the U.S. were nominated to participate in the study, but only 254 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. BFS Insurance Group was nominated by either an IIABA affiliated state association or an insurance company and qualified based on outstanding customer retention, growth, stability and financial management.
The Best Practices Study was initiated by IIABA in 1993 as the foundation for efforts to improve agency performance. The annual study of leading independent insurance agencies, which is conducted for IIABA by Reagan Consulting of Atlanta, Ga., documents the business practices of these high performance agencies and urges others to adopt similar practices.
About BFS Insurance Group
BFS Insurance Group was founded in 2009 in Clarksville, TN. Today, BFS Insurance Group is one of the largest independent insurance agencies in Clarksville. The firm provides all lines of insurance to a diversified group of clients throughout Tennessee and Kentucky.
For additional information, visit www.bfsinsurance.com
About The IIABA
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.
For additional information, visit www.independentagents.com