Cavignac & Associates Selected by IIABA as "Best Practices" Agency for Eighth Straight Year
Monday, September 29, 2014
by: Cavignac & Associates

Section: Member News

For the eighth 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, join 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 once again be named among this group of first-rate agencies 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.”
Last year, which marked the start of a new three-year study cycle, more than 1,100 independent agencies throughout the United States were nominated to take part in the annual study, but only 217 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.