Loiselle Insurance Agency was named a 2015 Best Practices Agency. The agency is located in Pawtucket RI and services clients in Lincoln, Cumberland, Smithfield, North Smithfield, and beyond.
Loiselle Insurance Agency has retained its status as one of a select group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA) “Best Practices” Study Group for the 17th time.
Since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, have studied 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.
“On behalf of the entire staff of Loiselle Insurance Agency, we thank the IIABA for this tremendous recognition,” said Bob Loiselle, President of Loiselle Insurance Agency. “We work hard each day to make certain our customers receive a higher level of customer service, and we are pleased to be recognized for our efforts.”
Last year, which marked the start of a new three-year study cycle, more than 1,100 independent agencies throughout the U.S. were nominated to take part in the annual study, but only 217 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.
With over 70 years of service, the Loiselle Insurance Agency offers insurance products from a number of different companies and advises its clients on policies for homeowners, auto, business and additional coverage.
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 products. Web address: www.independentagents.com