BTIS Honored with IBA 5-Star Awards
SHARE STORY
We are thrilled to announce that BTIS has once again made a mark at the Insurance Business America's (IBA) prestigious IBA 5-Star Awards. This annual recognition is no small feat, as it represents the collective voice of retail producers across the nation, evaluating the performance of insurance wholesalers and MGAs in the highly competitive wholesale distribution channel.
The IBA 5-Star Awards stand as a beacon of excellence, illuminating the path to success for those in the insurance industry. The awards are determined through a comprehensive survey, inviting feedback on a myriad of criteria that measure the quality, efficiency, and value provided by industry participants. This year, BTIS has participated and shone brightly, being recognized for its unparalleled service in the industry.
The IBA 5-Star Awards stand as a beacon of excellence, illuminating the path to success for those in the insurance industry.
A Recognition Rooted in Partnership
What makes these accolades particularly meaningful for us at BTIS is the survey’s basis on direct feedback from our agency partners. It's a testament to our unwavering commitment to responsiveness, the breadth of our product range, and our deep industry knowledge. Being acknowledged by a survey that holds significant respect in the industry reaffirms our pledge to excellence and the value we place on our partnerships.
Stellar Performance Across the Board
The survey tasked respondents with rating their wholesale partners across 10 crucial criteria on a scale of 1 to 5. BTIS not only participated but excelled, showcasing our strengths across the board. Here's a glance at our scores:
- Ability to Place Niche or Emerging Risks: 4.34
- Compensation (Commissions, Bonuses, Profit Sharing, etc.): 4.35
- Geographical Reach: 4.39
- Marketing Support: 4.27
- Overall Responsiveness: 4.43
- Pricing: 4.60
- Range of Products: 4.50
- Reputation: 4.66
- Technical Expertise and Product Knowledge: 4.61
- Technology or Automation: 4.46
Such scores not only highlight our capabilities and dedication but also our position as leaders in the field, ever-ready to address the needs and challenges of our clients.
Recognitions and Rankings: The Gold Standard
The survey extended beyond individual scores, asking brokers to rank their top three wholesale brokers and MGAs across 20 major types of insurance. BTIS stood out in several categories this year, with our Workers' Comp department receiving the highest accolades. The Brokers’ Pick for Excellence, a rare and coveted honor, was awarded to our Workers' Comp product line, underlining the quality and reliability that BTIS brings to the table.
BTIS also earned accolades from the wholesale brokers and MGA rankings categories below:
- Workers Compensation: Gold
- Small Business: Gold
- Contractors: Gold
- General Liability: Bronze
- Commercial Auto/Transportation/Trucking: Bronze
BTIS stood out in several categories this year, with our Workers' Comp department receiving the highest accolades.
A Future Built on Excellence
As we celebrate these achievements, our focus remains on building a future where excellence is not just pursued but is a foundational principle. This recognition by the IBA 5-Star Awards is not just a badge of honor for BTIS but a reminder of our commitment to our clients, partners, and the broader insurance community.
We extend our deepest gratitude to everyone who has made this possible – our dedicated team, our valued partners, and the clients we serve. Together, we look forward to continuing to set the benchmark for quality and service in the insurance industry.
You can read more about the full report here from Insurance Business Magazine.
Builders & Tradesmen’s Insurance Services Inc.
For more information about BTIS's surety offerings and to learn more about our commitment to serving the needs of small and medium-sized businesses, please visit our website.
Part of the Amynta Group, BTIS is a nationwide insurance intermediary with a small business attitude that believes in building and fostering solid relationships through communication and genuine concern for their customers.Â
For additional information, visit www.btisinc.com or call (877) 649-6682
