Nick Rossi, President of LP Insurance Services.
For the sixth straight year, Reno-based LP Insurance Services earned “Best Practices Agency” status through the Independent Insurance Agents & Brokers of America (IIABA).
According to an Oct. 7 press release, each year IIABA and Reagan Consulting, an Atlanta-based management consulting firm, jointly study the country’s leading agencies in various revenue groups.
Select agencies are awarded a “Best Practices Agency” designation, which is retained during a three-year cycle by submitting extensive financial and operational data for review each year.
“We are honored to keep our Best Practices Agency designation for the sixth year in a row,” Nick Rossi, President of LP Insurance Services, said in a statement. “To be named as part of this incredible group is truly outstanding.”
Of the more-than 1,000 U.S. agencies nominated to take part in the annual study, 262 agencies qualified for recognition.
To be chosen, brokerages must be among the top-performing agencies (top 35-45) in one of six revenue groups.
LP Insurance and the other top performers were all nominated by either an IIABA-affiliated state association or an insurance company and were qualified based on operational excellence, according to the release.
“LP Insurance endeavors to be recognized and respected as the foremost brokerage in the western U.S.,” Joe Wyatt, COO at LP Insurance Services, said in a statement. “This title signifies how well we’re serving our clients as we strive to be the best in the business.”
The Best Practices Study was initiated by IIABA in 1993. Go to independentagent.com to learn more.