Watkins Insurance Group Makes Elite List Of Agencies
November 4, 2013
Watkins Insurance Group, one of the largest full-service, locally-owned and fastest-growing independent insurance agencies in Texas, has been recognized as one of the country’s “2013 Best Practices Agencies”. The announcement, released on September 18th, joins Watkins Insurance Group to an elite group of independent insurance agencies around the nation also bestowed the honor.
The Independent Insurance Agents and Brokers of America (IIABA) and Reagan Consulting work together every three years to study agencies nominated by an IIABA state-affiliated association or an insurance company. The duo received more than 1,100 nominations this year, of which only 216 agencies qualified for consideration. Watkins Insurance Group had to be among the 35 to 45 top-performing agencies in one-of-six revenue categories to be named. The purpose of the “Best Practices” program is to encourage agency performance improvement by having those found to be “Best” share their business practices with other agencies and urge them to adopt similar practices.
“We are honored to have been a member of the Best Practices Study and having been grouped with such a respected collection of agency leaders,” said Patrick Watkins, Watkins Insurance Group President. “By being a Best Practices agency we are able to share in the learning process for the benefit of all agencies. I believe we should never stop trying to improve. Even the “best” agency can always be better.”
IIABA initiated the Best Practices Study in 1993. Agencies must be willing to share key business practices/philosophies and to complete an in-depth survey detailing their financial and operational year-end results. Those results are then scored and ranked objectively for inclusion on the basis of operational excellence. Taking part in the Best Practices Study has become a prestigious recognition of the superior accomplishments of the top insurance agencies in the country.