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Follow on Google News | Cavignac & Associates Selected by IIABA as “Best Practices” Agency for Seventh Straight YearDowntown San Diego-based risk management firm is among elite group of 216 firms awarded the prestigious designation out of 1,171 U.S. agencies nominated
By: Cavignac & Associates Every year since 1993, the IIABA has collaborated with Reagan Consulting, an Atlanta-based management-consulting firm, to evaluate the business practices of the country’s top insurance brokerage agencies falling within six revenue categories. The agencies comprising the study groups are selected through a comprehensive nomination and qualifying process before they are awarded the IIABA “Best Practices” agency designation. The designated “Best Practices” agencies retain their status during a three-year cycle by submitting extensive financial and operational data for review each year. “Cavignac & Associates’ inclusion with these outstanding agents and brokers clearly recognizes them as an industry leader,” said Bobby Bramlett, chairman of the IIABA. “We commend the company and individual members of their organization.” Cavignac & Associates has been an IIABA “Best Practices” agency since 2007. Founded in 1992, the firm is focused on identifying and managing exposures to loss in order to lower its clients’ total cost of risk and, thus, driving dollars to their bottom lines. “Being a ‘Best Practices’ agency requires having above-average organic growth and customer retention,” said Jeff Cavignac, president and principal of Cavignac & Associates. “Our employees understand that it’s only by being customer-focused and excellence-driven that we’re able to maintain our ‘Best Practices’ agency status. I feel very fortunate to have a team that is so dedicated to supporting these objectives.” This year, Cavignac & Associates was among an elite group of 216 firms that were awarded the prestigious designation out of the 1,171 U.S. agencies that were nominated. The “Best Practices” study was initiated by IIABA 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. The agencies are nominated by either an IIABA-affiliated state association or an insurance company, then qualified based on their operational excellence. About IIABA: 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. About Cavignac & Associates: Founded in 1992, Cavignac & Associates is a leading risk management and commercial insurance brokerage firm providing a broad range of insurance and expertise to design and construction firms, as well as to law firms, real estate-related entities, manufacturing companies and the general business community. Company principals are Jeffrey W. Cavignac, CPCU, ARM, RPLU, CRIS, James P. Schabarum II, CPCU, AFSB, CWCA, Scott A. Bedingfield, CIC, AAI, CWCA, and Patrick Casinelli, RHU. The firm employs a staff of 40 at offices located at 450 B Street, Suite 1800, San Diego, Calif. 92101. More information about the company can be found on the Web at www.cavignac.com. End
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