From the Chairman Want to Know How Your Agency Stacks Up?

Best Practice Study Provides Insights Broken Down by Size

It appears this is my last article. When you serve on the BIGiOK board, it seems to last forever, then once you become the chairman it flies by overnight. The time I have spent with the other agents and company partners has been invaluable. I look forward to the incoming chairman Vaughn Graham to do some big things.

I think a bit of my time was spent learning from the other board members and the BIGiOK staff. It’s natural to want to understand how other agencies down the data individually by agency size, which allows you to see how your agency stacks up to another agency with $1 million in premium all the way up to more than $25 million. operate and how companies approach their relationship with agents. I am sure you have always wondered how you size up to other agencies. Well, there is a great tool for that.

You can purchase this report to get a great idea of how your agency or you as a producer are doing compared to the reporting agencies. Trust me, once you get the report in your hands, you can start comparing and doing the math to see how your agency compares.

Our staff hits homeruns on a daily basis, or so it seems to me. I am confident that the future being paved by our members, companies and Association is going to be something amazing.

The Association has partnered with Reagan Consulting to annually produce the annual Best Practice Study. Every three years, agencies are selected to be submitting best practice agencies. These agencies then provide information, including premium volume, producer commissions, staffing counts with income, and several more metrics. They use this information to produce their annual report. The report breaks

Make sure to reach out to Denise Johnson or go to independentagent. com/best-practices for more information about the process for becoming a best practice agency in 2025.

It’s a big deal how well our Association is doing. We have great company partners and legislative representation. Our staff hits homeruns on a daily basis, or so it seems to me. I am confident that the future being paved by our members, companies and Association is going to be something amazing.

For over 75 years, Mid-Continent Group has been committed to providing specialty commercial insurance for the oil and gas industry. Our specialized expertise and entrepreneurial, relationship-driven approach has allowed us to offer solutions which address the unique needs of our agents and insureds.

Denise Johnson, CISR, CIC BIGiOK President/Chief Executive Officer