Kinney Pike Retains Best Practices Agency Status


Kinney Pike Retains Best Practices Agency Status

Rutland, VT – Kinney Pike Insurance has retained its status as 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. Since first qualifying as a “Best Practices Agency” in 1995, Kinney Pike has consistently earned this elite designation, and is currently the only Vermont agency with this status.

Each year since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, 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 selected “Best Practices” agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year.

“Being nominated and chosen as a Best Practices Agency for over 20 years is an honor,” says Doug Corman, one of three Kinney Pike Insurance principals. “We would not be able to achieve and retain this prestigious status if it were not for the hard work and dedication of everyone on our team.”

This year concludes the current three-year study cycle in which more than 1,100 independent agencies throughout the U.S. were nominated to take part in the annual study, but only 217 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.

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 “best” agencies and urges others to adopt similar practices.

Kinney Pike Insurance, one of the largest independent insurance agencies in the Northeast, has been protecting families and businesses since 1904 through its seven offices in Rutland, White River Junction, Williston, Randolph, St. Johnsbury, Poultney and Swanton. For further information, please contact Ann Hutson at 800-296-5722.

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.