Sterling Risk Advisors has been named to the 2016 Best Practices Agency List by the Independent Insurance Agents and Brokers of America (IIABA or the Big “I”) and Reagan Consulting. As part of an elite group of independent insurance agencies around the U.S., Sterling will lend its voice to the “Best Practices” Study Group.
A full-service Atlanta-based risk management and insurance brokerage firm, Sterling Risk Advisors serves the commercial, professional and personal needs of clients across a diverse spectrum of industries, including healthcare, professional services, construction, transportation and logistics, manufacturing, real estate, and technology. Their product offerings include all forms of commercial and personal property & casualty insurance, employee benefits and surety bonds.
Only 254 independent agencies throughout the U.S. qualified for inclusion in the 2016 Best Practices Study. An IIABA affiliated state association or an insurance company must first nominate the agency, which then must qualify based on outstanding customer retention, growth, stability and financial management. More than 1,800 agencies were nominated this year.
“We are honored to have Sterling Risk Advisors named to this elite list of the best agencies in the nation,” said Doug Rieder, President, Sterling Risk Advisors. “We look forward to being a part of the ‘Best Practices’ study group.”
The Best Practices Study was initiated by IIABA in 1993 as the foundation for efforts to improve agency performance. The annual study of leading independent insurance agencies, which is conducted for IIABA by Reagan Consulting of Atlanta, documents the business practices of these high performance agencies and urges others to adopt similar practices. Hundreds of workshops and seminars have been conducted at various producer association functions, company sponsored agency meetings and national automation users group conventions.
The IIABA and Reagan Consulting jointly maintain the Best Practices Gateway web site (http://www.reaganconsulting.com/research/best-practices/) that provides executive summaries of the annual Best Practices Studies, the Best Practices Study Comparison Workbook tool and ordering information for Best Practices products. The Gateway, as well as the annual study, is made possible in part through the financial sponsorship of various insurance companies and industry organizations.
The 2016 Best Practices Study sponsors include: Agency Business Solutions and Amerisure Insurance, Applied Systems, Beyond Insurance, Central Insurance Companies, Chubb, CNA, EMC Insurance, ENCOMPASS, The Hanover Insurance Group, The Hartford, Imperial PFS, InsurBanc, Kemper, Liberty Mutual, MetLife, The Main Street America Group, Nationwide, Travelers, Vertafore and Westfield Insurance.
About Sterling Risk Advisors
Sterling Risk Advisors is a full-service Atlanta-based risk management and insurance brokerage firm serving the commercial, professional and personal needs of clients across a diverse spectrum of industries. The firm works with companies focused on medical and other professional services, construction, transportation and logistics, manufacturing, real estate and technology. Product offerings include all forms of commercial and personal property & casualty insurance, employee benefits and surety bonds. For more information about Sterling Risk Advisors, please visit: www.sterlingriskadvisors.com or call (678) 424-6500.
About IIABA
Founded in 1896, IIABA is the nation’s oldest and largest national association of independent insurance agents and brokers, representing a network of more than 300,000 agents, brokers and their employees nationally. Its members are businesses that offer customers a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance – property, casualty, life and health—as well as employee benefit plans and retirement precuts. Web address: www.independentagent.com. For more information on the Best Practices Study, contact Jennifer Becker at IIABA, 1-800-221-7917.
