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  • ABOUT
    • STRATEGIC PLAN
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    • GOVERNMENT >
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      • 2025 State of the City
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Temple, TX and surrounding areas News

ARTICLE

Date ArticleType
8/8/2023 Member News

BKCW Insurance Included In IIABA's 2023 Best Practices Study

For the 23rd year in a row, Killeen-based BKCW Insurance has retained its Best Practices status, once again becoming a part of an elite group of independent insurance agencies around the United States. This status is earned by participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big "I") Best Practices Study group. 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.

Since 1993, the Big "I" and Reagan Consulting, an Atlanta-based management consulting firm, have joined forces to study 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 agency was nominated by either an IIABA affiliated state association or an insurance company and qualified based on its operational excellence.

The selected Best Practices agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year. This is the second year of the current three-year study cycle, where over 2,600 independent agencies throughout the U.S. were nominated to take part in the annual study in 2022, but only 287 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.

"We are proud to have earned this distinct honor for a 23rd consecutive year," says Tyler Spears, Managing Partner. "At BKCW, we take pride in operational excellence and customer service, and we are proud of all the hard work our team puts in every day."

BKCW was founded in 1952 and offers business insurance and employee benefits for a wide variety of companies, as well as personal insurance for individuals. With offices in Austin, Killeen, and Temple, BKCW provides exceptional value and risk consulting to their clients through the use of their proprietary risk management process, PIVOT. Learn more here.

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