ORLAND PARK, IL – September 19, 2022 – The Horton Group, one of the largest privately-held insurance brokers in the United States, is 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 since 1993, the Big “I” 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.
“Our vision defines the company we want to be today and into the future,” said Dan Horton, Chief Executive Officer of The Horton Group. “Given our continued growth with the disruption in the market place, I think that puts us in a powerful position to continue to be aggressive in a very disciplined way. We’re continuing to find success because we work together.”
More than 2,600 independent agencies throughout the U.S. were nominated to take part in the annual study, but only 282 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 a Big “I” affiliated state association or an insurance company and qualified based on its operational excellence.
The Best Practices Studywas 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 The Horton Group
The Horton Group is an employee benefits, insurance and risk advisory firm. For more than 50 years, Horton has built a comprehensive risk management advisory firm with a robust employee benefit practice which generated $86 million in revenue for 2021. To put this in perspective, The Horton Group is ranked in the top 50 insurance agencies in the country, the top 10 in Illinois and is arguably the largest privately-held agency in Illinois.
The Horton Group was formed in 1971 as a single location, eight-person insurance agency. Today, Horton is a nationally recognized insurance broker ranking as one of the top property/casualty brokers in the U.S. by Insurance Journal, A Top 100 Largest Broker by Business Insurance, and a Best Practices Agency by the Independent Insurance Agents and Brokers of America (IIABA). The agency employs more than 400 insurance professionals located in six states throughout the Midwest.
About the Independent Insurance Agents & Brokers of America
Founded in 1896, the Independent Insurance Agents & Brokers of America (the Big “I”) is the nation’s oldest and largest national association of independent insurance agents and brokers, representing more than 25,000 agency locations united under the Trusted Choice brand. Trusted Choice independent agents offer consumers all types of insurance—property, casualty, life, health, employee benefit plans and retirement products—from a variety of insurance companies.
About Reagan Consulting
Reagan Consulting is a financial and management consulting firm specializing in services to the insurance distribution system. Clients include the leading brokers, agents, and bank-insurance programs in the United States. They provide thought leadership to the banking and insurance industries through perennial research, seminars, and other industry forums.
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