First Mid Insurance Group has once again been recognized as an IIABA Best Practices Agency by the Independent Insurance Agents & Brokers of America (IIABA) and Reagan Consulting.
This year marks the third time that First Mid Insurance Group has achieved this prestigious honor. They were previously recognized in 2019 and 2020. Over 2,600 independent agencies throughout the country were nominated, but only 284 agencies were selected for this designation.
The Best Practices Study is published in partnership between Reagan Consulting and the IIABA, also known as Big “I”. Since 1993, the Study has served as the industry’s premier benchmarking tool, offering insight into the financial and operating practices of the highest-performing agencies in the U.S.
Agencies were nominated to participate by carriers, state associations, and Study sponsors. They then submitted extensive financial and operational data for review through an online platform. Finally, they were selected as a Best Practices Agency based on how they compared to firms in their peer revenue category.
“It’s an honor to be included in this year’s Best Practices Study,” says Clay Dean, CEO at First Mid Insurance Group. “As we grow our product and service offerings, and expand our outreach, this recognition shows how committed our team of professionals is to our customers and the communities we serve.”
Additional information can be found at www.independentagent.com/best-practices.