Alabama Construction News

JUL-SEP 2018

Alabama Construction News is the states only bimonthly magazine dedicated to the commercial construction industry.

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13 JUL–SEP 2018 AL CONSTRUCTION NEWS BUILDING ALABAMA | PROJECTS Alabama Certification #98121 Alabama Certification #50664 Byars|Wright Designated Best Practices Agency for the Third Consecutive Year BYARS|WRIGHT, INC. WAS RECENTLY DESIGNATED A BEST PRACTICES AGENCY FOR A THIRD YEAR. BYARS|WRIGHT IS PART OF AN ELITE GROUP of independent insurance agencies across the United States participating in the Independent Insurance Agents & Brokers of America (IIABA) Best Practices study group, and was awarded the designation based on findings from the study. IIABA, in partnership with Reagan Consulting, study the nation's leading agencies in six revenue categories. Agencies comprising the study, including Byars|Wright, are selected through a comprehensive nomination and qualifying process. This is the third year of the current three-year study cycle, where over 1,500 independent agencies throughout the U.S. were nominated to take part in the annual study in 2016, but only 262 agencies qualified for the honor. To be chosen, the agency had to be among the 35-45 top-performing agencies in one of the six revenue categories. 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 are grateful to receive this national recognition and believe it is a testament to the hard-working team at Byars|Wright," states Haig Wright, II, president of Byars|Wright Inc. "We are honored to be associated with such an elite group of insurance agencies and to participate in a study that provides pivotal information needed to drive independent agencies to keep moving forward in the right direction." 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 highest performing agencies and urges others to adopt similar practices. "We are really proud to be awarded Best Practices Agency in 2018, as this is our third consecutive year," said Gabe Clement of Byars|Wright. "This study recognizes agencies with business and internal operational excellence. For us, this is similar to winning an Eagle Award, not only in our revenue category for the state of Alabama, but for our revenue category for the entire United States. It's truly an honor to work for Byars|Wright, Inc. and to receive this award for 2018."

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