Montgomery and Associates Insurance Agency Included In IIABA's Best Practices Study

BRENTWOOD, Tenn. - Sept. 26, 2016 - PRLog -- Montgomery and Associates Insurance Agency has been selected 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.

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.

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, Ga., 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 website (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. For more information on the Best Practices Study, contact Jennifer Becker at IIABA, 1-800-221-7917.

The Montgomery and Associates Insurance Agency was founded in 2010 and offers a wide range of insurance products including Home, Life, Auto, Liability, Workers' Compensations, etc. They have also won several local awards including 'Small Business of the Year' at the Comcast Small Business Awards.

For more information, Contact:

Will Montgomery
1730 General George Patton Dr, Suite 212
(615) 829-8457
http://www.montgomeryassociatesins.com