New Hartford, NY, September 27, 2022– For the 16th consecutive year, Gilroy Kernan & Gilroy Inc. of New Hartford, New York has been named to an elite group of insurance agencies identified by the Independent Insurance Agents & Brokers of America (IIABA) and Reagan Consulting as employing the best business practices in the industry.
The selection means that Gilroy Kernan & Gilroy’s operations, including its outstanding customer retention, growth, stability, and financial management have been reviewed, documented for excellence and are serving as models for other insurance agencies to adopt.
More than 2,600 independent agencies throughout the U.S. were nominated to take part in the annual study, but only 282 agencies qualified for the honor. To be chosen, the agency had to be among the top-performing agencies in one of six revenue categories.
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.
Founded in 1896, the Independent Insurance Agents & Brokers of America (the Big “I”) is the nation’s oldest and largest national association of independent insurance agents and brokers, representing more than 25,000 agency locations united under the Trusted Choice brand. Trusted Choice independent agents offer consumers all types of insurance—property, casualty, life, health, employee benefit plans and retirement products—from a variety of insurance companies.
About Reagan Consulting
Reagan Consulting is a financial and management consulting firm specializing in services to the insurance distribution system. Clients include the leading brokers, agents, and bank-insurance programs in the United States. They provide thought leadership to the banking and insurance industries through perennial research, seminars, and other industry forums.
About Gilroy Kernan & Gilroy, Inc.
Founded in 1904, Gilroy Kernan & Gilroy (gkgrisk.com) is one of Central New York’s oldest and largest independent insurance agencies. Blending innovative insurance solutions with leading-edge strategies, GKG helps individuals and businesses of all types and sizes manage risk. The firm is headquartered at 210 Clinton Road in New Hartford, from which it serves clients across New York State and increasingly around the nation and globe. GKG employs a professional staff of over 50 and represents more than 90 insurance carriers.
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If you would like more information about this topic, please contact Jamie Critelli at 315.624.7837 or email at JamieC@gkgrisk.com.