JOHNSTON, R.I. (December 8, 2021) — The employees of Narragansett Bay Insurance Company (NBIC), a wholly-owned subsidiary…
Pawtucket, RI (September 25, 2014) – Loiselle Insurance Agency has retained its status as one of a select group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA) “Best Practices” Study Group for the 16th time.
Since 1993, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, have studied 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.
“We would like to thank the IIABA for this exceptional recognition,” said Bob Loiselle, President of Loiselle Insurance Agency. “Our staff remains committed to providing the best service for our policyholders, and we will work hard to ensure that our company continues to exceed the high standards we set for ourselves.”
Last year, which marked the start of a new three-year study cycle, 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.
With over 70 years of service, the Loiselle Insurance Agency offers insurance products from a number of different companies and advises policies for homeowners, auto, business and more.
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.
About Loiselle Insurance Agency
Loiselle Insurance is a fourth-generation, Trusted Choice insurance agency, located at 279 Dexter Street in Pawtucket, RI. Having been in business for over 70 years, the agency advises individuals on selecting the right auto insurance, homeowners insurance or business insurance that fits their specific situation.
For more information about Loiselle Insurance Agency, contact Melanie Loiselle-Mongeon at 401.723.8510 or by email at Melanie@LoiselleInsurance.com.