Mel Foster Insurance, Davenport, has been named a 2025 Best Practices Agency. It joins an exclusive group of independent insurance agencies across the United States recognized for their high-performing business practices.
The Best Practices Agency designation is awarded to participants in the annual Best Practices Study. This year the study analyzed 1,146 independent agencies nominated for the designation, with only 348 scoring high enough to qualify.
“We are proud to be recognized as a best practice agency within the insurance industry,” Marc Engels, Mel Foster Insurance president, said in a news release. “This distinction affirms our unwavering commitment to client trust, compliance excellence, and innovative risk solutions. It reflects the dedication of our team to uphold the highest professional standards while consistently delivering value and security to the communities we serve.”
The Best Practices Study has been conducted since 1993 by the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) and Reagan Consulting. That’s an Atlanta-based management consulting firm. Agencies are selected every three years through a rigorous nomination and qualifying process. It requires them to be among the 35-45 top-performing agencies in their respective revenue categories.
Best Practices Agencies maintain their status annually during the three-year cycle by submitting extensive financial and operational data. This marks the first year of the current three-year study cycle.
Mel Foster Insurance represents many leading insurance companies in the region. It offers a broad range of coverage options tailored to individuals, families, and businesses.
For more information, contact Marc Engels at (563) 359-5446 or visit www.melfosterinsurance.com.