Cincinnati, OH (November 6, 2023) – RiskSOURCE Clark-Theders (RiskSOURCE) retains its Best Practices status, once again becoming a part of an elite group of independent insurance agencies around the United States. This status comes by participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) Best Practices Study group. The annual survey and Study of leading independent insurance agencies documents the business practices of the “best” agencies and urges others to adopt similar practices.
Since 1993, the Big “I” and Reagan Consulting, an Atlanta-based management consulting firm, have join 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 agency was nominated by either an IIABA affiliated state association or an insurance company and qualified based on its operational excellence.
The selected Best Practices agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year. This is the second year of the current three-year study cycle, where over 2,600 independent agencies throughout the U.S. were nominated to take part in the annual study in 2022, but only 287 agencies qualified for the honor. To be chosen, the agency had to be among the 35-45 top-performing agencies in one of six revenue categories.
“To have a third party basically take every aspect of our business – our sales, our growth, our expenses – and pit us against a group of peers across the country and determine RiskSOURCE as being in the top quartile of that group is incredible,” says Amanda Shults, RiskSOURCE President and CEO. “We are committed to excellence in serving our clients – it is one of our core values – and aim to be the sought after model of what a business should be, so it an honor to receive the Best Practices designation again.”
About RiskSOURCE Clark-Theders:
RiskSOURCE Clark-Theders is an independent, family-owned and operated, risk management firm providing insurance coverage for businesses and individuals. Founded in 1977, RiskSOURCE goes beyond insurance by looking out for the best interests of their clients, their team, and their community in the Cincinnati, Ohio and Knoxville, Tennessee areas. For more information, go to risksource.com.
Media Contact:
Amanda Shults, President and Chief Executive Officer
(513) 644-1278 | ashults@risksource.com
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.
