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Provident Protection Plus Included in the Big “I” and Reagan Consulting 2022 Best Practices Study

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Provident Protection Plus, serving New Jersey, New York, and Pennsylvania, has been named an elite independent insurance agency by the Independent Insurance Agents & Brokers of America (IIABA) in their "Best Practices" study.

Out of over 2,600 nominees, only 282 agencies qualified, and Provident Protection Plus excelled in operational excellence. This recognition highlights the agency's customer-first philosophy, as noted by President & CEO George Lista. Since 1993, the Big “I” has recognized high-performing agencies to encourage best practices across the industry.

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  • Recognized as an elite insurance agency by the IIABA, showcasing operational excellence.
  • Only 282 out of 2,600 nominated agencies qualified, indicating a competitive advantage.
  • Strong emphasis on customer-first philosophy, enhancing brand reputation.
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  • None.

The independent insurance agency, serving communities in New Jersey, New York, and Pennsylvania, was chosen out of 2,600 nominees as an industry leader

AUGUSTA, N.J., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Provident Protection Plus has been recognized as an elite independent insurance agency by the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) “Best Practices” Study Group.

More than 2,600 independent insurance agencies throughout the U.S. were nominated to take part in the annual study, but only 282 agencies qualified for the honor. Provident Protection Plus, a wholly owned subsidiary of Provident Bank, was among the top-performing agencies in one of six revenue categories. The agency was nominated by either a Big “I” affiliated state association or an insurance company and qualified based on its operational excellence.

Each year since 1993, the Big “I” and Reagan Consulting, an Atlanta-based management consulting firm, join forces to study the country’s leading insurance agencies.

Agencies are selected every third year through a comprehensive nomination and qualifying process. The selected “Best Practices” agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year.

“Receiving this award is a testament to the investment and commitment that the entire Provident Protection Plus team has made to its customers,” said George Lista, President & CEO, Provident Protection Plus, “It’s our customer-first philosophy that governs the way we conduct business practices, setting us apart from all the rest.”

The Best Practices Study was initiated by the Big “I” 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.

About Provident Protection Plus
Provident Protection Plus, Inc., formerly SB One Insurance Agency, is a full-service insurance agency that offers comprehensive insurance programs to protect businesses, their employees, and consumers. For more than 65 years, they have served companies and residents of New Jersey, New York, and Pennsylvania. They represent more than 20 of the country’s most respected and highly rated regional and national carriers licensed to write insurance in 37 states. In addition, as a wholly owned subsidiary of Provident Bank, they provide access to a full suite of financial products and services. To learn more call 888.990.0526 or visit www.providentprotectionplus.com.

Media Contact:
Lauren Stralo
PR Supervisor
lstralo@levlane.com
610-401-4825
www.levlane.com


FAQ

What recognition did Provident Protection Plus receive?

Provident Protection Plus was recognized as an elite independent insurance agency by the Independent Insurance Agents & Brokers of America (IIABA) in their "Best Practices" study.

How many agencies were nominated for the IIABA Best Practices study?

Over 2,600 independent insurance agencies were nominated for the IIABA Best Practices study.

How does Provident Protection Plus maintain its elite status?

Provident Protection Plus maintains its elite status by submitting extensive financial and operational data annually.

What is the significance of the IIABA Best Practices study?

The IIABA Best Practices study documents the business practices of top-performing agencies and encourages others in the industry to adopt similar standards.

Who is the CEO of Provident Protection Plus?

The CEO of Provident Protection Plus is George Lista.

Provident Financial Services, Inc.

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