Independent Agency Channel Achieved Record Organic Growth in 2023
Factors include the U.S. economy growing faster than anticipated, combined with the hard market’s high rates and premiums, according to Reagan Consulting.

Factors include the U.S. economy growing faster than anticipated, combined with the hard market’s high rates and premiums, according to Reagan Consulting.
Best Practices agencies continue exceptional organic growth and invest in young producer development, according to the latest study update.
Keith Mann, COO/CFO at Scott Insurance, talks about how the 100% employee-owned agency uses the Big “I” Best Practices Study to incrementally strengthen the business with the data and benchmarks.
Woodruff Sawyer in San Francisco was the top-performing agency in the Over 25 million in Revenue category in the 2022 Best Practices Study.
Cragin & Pike in Las Vegas was the top-performing agency in the $10 million-$25 million in Revenue category in the 2022 Best Practices Study.
First West in Bozeman, Montana, was the top-performing agency in the $5 million-$10 million in Revenue category in the 2022 Best Practices Study.
Bogle Agency Insurance in Lyndhurst, New Jersey, was the top-performing agency in the $1.25 million-$5 million in Revenue category in the 2022 Best Practices Study.
Aleckson Insurance Agency in Lake Zurich, Illinois, was the top-performing agency in the $1.25 million-$2.5 million in Revenue category in the 2022 Best Practices Study.
The Ballard Agency in Kirkland, Washington, was the top-performing agency in the Under $2.5 million in Revenue category in the 2022 Best Practices Study.
As the Best Practices Study hits the 30-year milestone, meet the top-performing agencies in each of the six revenue categories from the current study, and find out how they used the program to go from good to better to the best.