Photo by Richard Hurd
M3 Named IIABA Best Practices Agency for 22nd Year
M3 Insurance has been named a Best Practices Agency by Independent Insurance Agents & Brokers of America (IIABA) for 2020.
This marks the 22nd consecutive year that M3 has been selected as a Best Practices agency, ranking among the top performers in the annual Best Practices Study conducted by the IIABA in partnership with Reagan Consulting.
To be named a Best Practices Agency, an organization must be nominated either by an IIABA affiliated state association or an insurance company. Nominated agencies must then submit detailed financial and operational information which is analyzed, scored, and ranked objectively based on operational excellence, including growth, profitability, productivity and financial stability.
To retain the Best Practices agency status, agencies must submit year-end results for review each year. Every third year, new agency nominations are accepted and we must re-qualify as one of the top performers in our revenue category against new agency participants.
M3 is proud to have retained this title for over two decades. We strive to lead the way in the insurance industry with innovative strategies and solutions. This designation validates that aim and motivates us to continue to provide world class resources and individual attention to our clients.
Founded in 1896, the Independent Insurance Agents & Brokers of America (the Big “I”) is the nation’s oldest and largest national association of independent insurance agents and brokers, representing more than 25,000 agency locations united under the Trusted Choice brand. Trusted Choice independent agents offer consumers all types of insurance—property, casualty, life, health, employee benefit plans and retirement products—from a variety of insurance companies.
About Reagan Consulting
Reagan Consulting is a financial and management consulting firm specializing in services to the insurance distribution system. Clients include the leading brokers, agents and bank-insurance programs in the United States. They provide thought leadership to the banking and insurance industries through perennial research, seminars and other industry forums.
M3 is a top 50 insurance broker and risk management firm in America. We’re leaders in the products we represent and the industries we serve. M3’s people are an extension of your team, providing world-class resources to help you manage risk, purchase insurance, and provide employee benefits. And our focus on community builds better places to live and work.