Sterling Risk Advisors Named to 2016 Best Practices Agency List

Sterling Risk Advisors has been named to the 2016 Best Practices Agency List by the Independent Insurance Agents and Brokers of America (IIABA or the Big “I”) and Reagan Consulting. As part of an elite group of independent insurance agencies around the U.S., Sterling will lend its voice to the “Best Practices” Study Group.

A full-service Atlanta-based risk management and insurance brokerage firm, Sterling Risk Advisors serves the commercial, professional and personal needs of clients across a diverse spectrum of industries, including healthcare, professional services, construction, transportation and logistics, manufacturing, real estate, and technology. Their product offerings include all forms of commercial and personal property & casualty insurance, employee benefits and surety bonds.

Only 254 independent agencies throughout the U.S. qualified for inclusion in the 2016 Best Practices Study. An IIABA affiliated state association or an insurance company must first nominate the agency, which then must qualify based on outstanding customer retention, growth, stability and financial management. More than 1,800 agencies were nominated this year.

“We are honored to have Sterling Risk Advisors named to this elite list of the best agencies in the nation,” said Doug Rieder, President, Sterling Risk Advisors. “We look forward to being a part of the ‘Best Practices’ study group.”

The Best Practices Study was initiated by IIABA in 1993 as the foundation for efforts to improve agency performance. The annual study of leading independent insurance agencies, which is conducted for IIABA by Reagan Consulting of Atlanta, documents the business practices of these high performance agencies and urges others to adopt similar practices. Hundreds of workshops and seminars have been conducted at various producer association functions, company sponsored agency meetings and national automation users group conventions.

The IIABA and Reagan Consulting jointly maintain the Best Practices Gateway web site (http://www.reaganconsulting.com/research/best-practices/) that provides executive summaries of the annual Best Practices Studies, the Best Practices Study Comparison Workbook tool and ordering information for Best Practices products. The Gateway, as well as the annual study, is made possible in part through the financial sponsorship of various insurance companies and industry organizations.

The 2016 Best Practices Study sponsors include: Agency Business Solutions and Amerisure Insurance, Applied Systems, Beyond Insurance, Central Insurance Companies, Chubb, CNA, EMC Insurance, ENCOMPASS, The Hanover Insurance Group, The Hartford, Imperial PFS, InsurBanc, Kemper, Liberty Mutual, MetLife, The Main Street America Group, Nationwide, Travelers, Vertafore and Westfield Insurance.