Cavignac & Associates Selected by IIABA as “Best Practices” Agency for Eleventh Straight Year
Monday, November 5, 2018
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Section: News Roundup




NEWS FROM:  Cavignac & Associates
 
CONTACT:  Bonnie Kutch, Kutch & Company, (619) 299-1010, bkutch@kutchco.com

Cavignac & Associates Selected by IIABA as
“Best Practices” Agency for Eleventh Straight Year
 
Downtown San Diego-based risk management firm is once again named
among elite group of firms awarded the prestigious designation in 2018
 
 
            SAN DIEGO, CA (October 24, 2018) – For the eleventh year in a row, San Diego-based risk management and insurance brokerage firm Cavignac & Associates has been selected by the Independent Insurance Agents & Brokers of America (IIABA) as part of its elite “Best Practices” study group, comprised of independent insurance agencies across the United States.   
 
            Each year since 1993, IIABA 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 selected “Best Practices” agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year. 
 
            “We’re honored to again be named among this group of prestigious agencies from across the country,” said Jeff Cavignac, president and principal of Cavignac & Associates. “From our company’s inception, it’s been our mission to be a customer-focused and excellence-driven agency. I feel fortunate to have a team that is dedicated to supporting these objectives and enabling us to maintain our ‘Best Practices’ status.”
 
            In 2016, which marked the start of a new three-year study cycle, more than 1,500 independent agencies throughout the United States were nominated to take part in the annual study, 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 six revenue categories. 
 
            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, drive dollars to their bottom line.
           
            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.  Web address: www.independentagent.com.
 
 
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, MLIS; James P. Schabarum II, CPCU, AFSB; Scott A. Bedingfield, AAI, CIC, CRIS; Patrick Casinelli, RHU, REBC, CHRS; Matthew Slakoff, CIC, CRIS; and Matthew Noonan, RHU, CIC, CHRS, CCWS. The firm employs a staff of 55 people at offices located at 450 B Street, Suite 1800, San Diego, Calif., 92101.  More information about the company can be found at www.cavignac.com.