30 Years of Best Practices: The Ballard Agency
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.
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.
The Technology Summary reveals a number of key insights into the use and adoption of technology by independent agency members.
As we look back on 2022, here are three studies from the Big “I” on the state of the independent agency channel and the lessons that can be drawn from them as we move into 2023.
The number of independent insurance agencies has increased, according to the newly released study hailed as the most comprehensive look at the independent agency system.
Best Practices agencies hit all-time highs in organic growth and profitability, according to the study.
Sales velocity may be one of the most important indications of an agency’s ability to succeed and perpetuate over the long term.
The number of independent insurance agencies has remained stable and business conditions continue to improve, although at a slower rate than 2018, according to the 2020 Agency Universe Study.
In the first quarter of 2020, agents and brokers predicted 7% growth. In 2021, agents and brokers are predicting a bullish 6% growth.
This year’s benchmarking analysis examines four key areas in which independent agencies must go beyond day-to-day chaos to rethink the fundamentals.