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Montalvo Insurance Agency – Local Agency included in IIABA’s Best Practices Study

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Texas Border Business

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Weslaco, Texas, January 31, 2017 – Montalvo Insurance Agency is a part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) “Best Practices” Study Group.

Each year, IIABA and Reagan Consulting, an Atlanta-based management consulting firm, join forces to study the country’s leading agencies in six categories. The agencies comprising the study groups are selected every third year through a comprehensive nomination and qualifying process and awarded a “Best Practice 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.

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“Our insurance agency is very proud to have been selected as one of the few Hispanic-owned Best Practices agencies in the country,” says Ramon “Monse” Montalvo, owner and president of Montalvo Insurance Agency.

More than 1,800 independent agencies throughout the U.S. were nominated to take part in the annual study, but only 254 agencies qualified for the honor. To be chosen, the agency had to be among the top-performing agencies in one of six revenue categories.

The agency was nominated by either an IIABA affiliated state association or an insurance company and qualified based on its operational excellence.

The Best Practices Study was initiated by IIABA 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.

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Montalvo Insurance Agency was founded in 1953 and can offer insurance products from some different companies including Travelers, Progressive and Liberty Mutual.
For further information, please contact Norma Montalvo at (956) 968-5521.

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