Sterling Insurance Group Wins MarshBerry Pinnacle Award10.27.16
Marsh, Berry & Company, Inc. (“MarshBerry”), is proud to announce that Sterling Insurance Group is the winner of our 2016 Agency Peak Performance Exchange (APPEX) Pinnacle Award. After joining APPEX at the end of 2015, the firm quickly emerged as a top performer in the executive peer exchange network. This is the first time that Sterling Insurance Group has achieved this distinction.
The award is given to the agency that achieves the highest performance as measured by MarshBerry’s proprietary financial and productivity benchmarking system Perspectives for High Performance (PHP). The benchmarking system measures key ratios relative to the profit, equity and operational characteristics of an agency allowing for relevant comparisons against industry average and high-performance standards. An overall score called the Performance Indicator Number, or PIN, is calculated based on the key ratios. The agency with the highest PIN is recognized with the Pinnacle Award at the semiannual APPEX symposium1.
“Sterling Insurance Group and its leadership team exemplify what APPEX is all about. The brokerage was already a high-performing firm before committing to the APPEX relationship with peers and MarshBerry. Like any best-in-class firm in this business, Sterling Insurance Group’s focus on continual learning, execution, and high-performance standards is what we believe makes this great firm ‘the best.’” said Tommy McDonald, Vice President, MarshBerry. “We are proud to do business with the leaders of Sterling Insurance Group and continue to be impressed with their commitment to unbounded success for their clients, employees, carrier partners, and shareholders.”
Unique in the insurance industry, APPEX is an executive peer-to-peer consulting service dedicated to help improve agency value. Partnership in APPEX provides idea-sharing and industry-specific benchmarking, information and technology.
“We are honored to be named MarshBerry’s Pinnacle Award recipient among the best agencies in the country. MarshBerry has given us tools and resources we just wouldn’t have on our own,” said Sterling Insurance Group President and Principal Joe Haney. “It’s like having a board of directors who hold you responsible. I never leave a conference without learning something new from others on how to better operate or grow our business. It’s nice to have a venue and forum where you have the ability to collaborate and share amongst your peers.”
About Sterling Insurance – Rethinking Insurance for over 20 years. Incorporated in 1996, The Sterling Agency quickly became, and continues to be one of the fastest growing agencies in the country. Today, as The Sterling Insurance Group, the company has been honored to receive distinguished awards for their sales leadership and customer service. Because they are truly an independent agency, they have the ability of being all things to all people. Whether it’s Personal Home and Auto Insurance, Commercial Insurance, Life or Health Insurance – they have been helping their customers RETHINK their insurance options for over 20 years! Learn more at www.sterlingagency.com.