Barker Phillips Jackson Wins MarshBerry Pinnacle Award
MarshBerry is proud to announce that Barker Phillips Jackson (BPJ) is the winner of our 2017 Agency Peak Performance Exchange (APPEX) Pinnacle Award. A member of APPEX since 2009, this is the first time that BPJ 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.
“Barker Phillips Jackson and its leadership team exemplify what APPEX is all about. As a 100% employee-owned firm, every employee has a stake in the agency’s performance. The brokerage has continued to make incremental improvements throughout its time in APPEX, building on its relationship with peers and MarshBerry. Like any best-in-class firm in this business, BPJ’s focus on continual learning, execution, and high-performance standards helps contribute to its high success and makes them a Pinnacle award winner” said Eric Hallinan, Vice President, MarshBerry. “We are honored to do business with the leaders of BPJ – they are valued members in their APPEX peer group, and we continue to be impressed with their commitment to success for their employee-shareholders, clients, and carrier partners.”
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 across the country,” said BPJ President and CEO Tom Montileone. “MarshBerry has been a valued partner of BPJ for almost 30 years. The tools, services, resources and peer exchange MarshBerry provides BPJ is outstanding.”
About Barker Phillips Jackson – Springfield, Missouri has served as the headquarters for BPJ since 1960. Since then, BPJ has grown both organically and through acquisition to more than 60 employees and has satellite locations in Rolla and West Plains. They have developed a reputation as one of the largest most influential insurance agencies in the industry. Because they are truly an independent employee-owned agency, they have a strong breadth and depth of insurance offerings and services, including Commercial Insurance, Surety Bonding, Employee Benefits, and Personal Insurance Services. Learn more at www.bpj.com.