Scott Insurance Named a 2025 Best Practices Agency
Lynchburg, VA – Scott Insurance has once again been named a Best Practices Agency, a national recognition awarded by the Independent Insurance Agents & Brokers of America (the Big “I”) and Reagan Consulting. This prestigious designation marks another milestone in our long-standing commitment to operational excellence, client service, and industry leadership.
Scott Insurance remains the only agency in the United States to receive the Best Practices designation every year since the program’s inception in 1993. This continued recognition reflects our commitment and dedication to innovation, performance, and delivering value to our clients.
Of the 1,146 independent agencies nominated for the 2025 Best Practices Study, only 348 met the rigorous criteria to earn the designation, placing Scott Insurance among the top-performing firms nationwide.
The 2025 Best Practices Study, released by IIABA and Reagan Consulting, is a comprehensive benchmarking analysis of the top-performing independent agencies across the country. It evaluates agencies on key performance metrics, including revenue growth and profitability, financial stability, expense management, and sales and operational productivity.
This year’s Best Practices Study also highlights how high-performing agencies are adapting to industry challenges, investing in technology, and building resilient business models that deliver long-term value.
This recognition is a testament to the hard work of our entire Scott team and the trust our clients place in us. We remain focused on helping businesses and individuals navigate risk, with data-driven strategies and personalized service.
We’re proud to be part of a select group of agencies that set the standard for performance in the insurance industry, and we’re even prouder to continue serving our clients with the same dedication that earned us this honor.
Why It Matters to Our Clients and Partners
Being named a Best Practices Agency is more than an accolade; it validates our approach to risk management, employee benefits, and insurance solutions. Our clients can trust that they’re working with a firm that operates with transparency and integrity, invests in its people and processes, and delivers consistent, measurable results.
ABOUT IIABA
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 Regan Consulting
Reagan Consulting is a management consulting firm providing strategic consulting, valuation, capital raising, and merger-and-acquisition (M&A) services to the independent insurance distribution system. The firm’s services for insurance agents and brokers, bank-owned agencies and other participants in the insurance distribution marketplace include: appraisals of fair market value, capital raise advisory, mergers and acquisitions advisory, ownership perpetuation planning, strategic planning facilitation, key employee compensation and equity plan design, and agency performance benchmarking.