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Local Agency Included in IIABA's Best Practices Study

By October 21, 2013October 2nd, 2018Auto Insurance, Best Practices

Beltsville, Maryland, October 2013 – Joseph W. McCartin Insurance, Inc. is part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) “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 “Best Practices” agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year.

“An award like this is possible because of our dedicated employees and loyal clients. We are proud to have earned this prestigious designation three times,” says Michael McCartin, Joseph W. McCartin Insurance, Inc. president and CEO.

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.

The agency was nominated by either an IIABA affiliated state association or an insurance company and 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 business practices of the “best” agencies and urges others to adopt similar practices.

The Joseph W. McCartin Insurance, Inc. agency was founded in 1967 and can offer insurance products from a number of different companies including Erie Insurance, Safeco Insurance, Liberty Mutual Insurance, The Harford Mutual Insurance Companies, and Travelers.