Baldwin | Welsh & Parker Receives 2020 Best Practices Designation
The Baldwin | Welsh & Parker Insurance Agency continues for the 17th year to be part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) Best Practices Study Group.
The agencies comprising the study group 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 study cycle (2019-2022) by submitting extensive financial and operational data for review each year. During the 2020 Study year, only 262 independent agencies throughout the U.S. qualified and retained their status as a Best Practices agency. We are honored that our agency was one of only 10 independent insurance agencies in Massachusetts to receive the Best Practices designation for 2020.
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 by the Big “I” and Reagan Consulting of Atlanta, GA, documents the business practices of these “best” agencies and urges others to adopt similar practices.
For nearly 30 years, the Big “I” has developed a family of products, webinars, and hundreds of workshops and seminars designed to help cultivate a Best Practices agency culture to help agents apply the information contained in each report and move beyond theory into practice.
The Big “I” and Reagan Consulting jointly maintain the Best Practices Studies, which is made possible in part through financial sponsorship of various insurance companies and industry organizations.
The 2020 Best Practices Study sponsors include: Amerisure, Applied Systems, Allstate, Beyond Insurance, Central Insurance Companies, Chubb, EMC Insurance, Encompass, Grange Insurance, The Hanover Insurance Group, The Hartford, Imperial PFS, InsurBanc, Integrity Insurance, Liberty Mutual, MetLife, Nationwide, Progressive, Safeco Insurance, Travelers, Vertafore and Westfield.
Founded in 1896, the Independent Insurance Agents & Brokers of America (the Big “I”) is the nation’s oldest and largest national association of independent insurance agents and brokers, representing more than 25,000 agency locations united under the Trusted Choice brand. Trusted Choice independent agents offer consumers all types of insurance—property, casualty, life, health, employee benefit plans and retirement products—from a variety of insurance companies.
Insurance Agency Expertise Testimonial
For years, I have relied on Steve Joyce Welsh & Parker’s insurance ‘know-how', competitive rates, and personal service. Whether it was helping me through my car accident or promptly setting up an insurance binder for my new home purchase—their service has never let me down. I couldn’t imagine going anywhere else for my insurance needs!
- Don Voner
