Categories: News Archive

Granite Insurance – local agency included in IIABA’s best practices study

GRANITE FALLS, NC (September 16, 2016)…Granite Insurance 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.

Each year since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, have joined forces to study 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.

“I am proud our Granite Insurance team has been recognized along with such an elite group,” says Neil Annas, Granite Insurance president and CEO. “Each team member is committed to assuring the success of the communities and clients we are privileged to serve. Our team members’ desire to serve is the key to any organizational success we may achieve.”

More than 1,800 independent agencies throughout the U.S. were nominated to take part in the annual study, but only 254 agencies including eight in North Carolina qualified for the honor. To be chosen the agency had to be among the 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 highest performing agencies and urges others to adopt similar practices.

Granite Insurance was founded in 1936 and can offer insurance products from a number of different companies including Auto-Owners, The Hartford, Travelers, Philadelphia, Kemper and Safeco. They are a proud partner of Keystone Insurers Group, one of the nation’s largest insurance agency organizations.

For further information, please contact Granite Insurance at 828-396-3342 or see their website at www.graniteinsurance.com

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.

Mark Jackson

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Mark Jackson

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