The Plexus Groupe Insights

The Plexus Groupe Honored as 2019 Best Practices Agency

Written by Plexus Communications | Oct 4, 2019 2:34:44 PM

The Plexus Groupe is 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.

Every year since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, join forces to study the country’s leading agencies. Participating agencies 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. 

The Plexus Groupe, a fast-growing, progressive insurance brokerage and risk management consultancy serving clients around the globe, has retained its status and earned this distinction seven times.

 “The Best Practices recognition is a great honor that validates the many contributions of all The Plexus Groupe’s associates,” said Brian Morgan, President and Chief Growth & Strategy Officer of The Plexus Groupe. “We strive to excel in all facets of our strategic partnerships with our clients and this honor affirms our commitment to that excellence.” 

More than 1,300 independent agencies throughout the U.S. were nominated to take part in the annual study, but only 267 agencies qualified for the honor. To be chosen, The Plexus Groupe had to be among the top-performing agencies in one of six revenue categories. 

The Plexus Groupe was nominated by either a Big “I” affiliated state association or an insurance company and qualified based on its operational excellence.

The Best Practices Study was initiated by the Big “I” 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 highest performing agencies and urges others to adopt similar practices.

The Plexus Groupe is headquartered in Deer Park, Ill., with additional offices in Chicago, Dallas, and Oklahoma City. For more information on strategic insurance solutions, please contact The Plexus Groupe at 847-307-6100 and ask to speak to a client executive.