The results are in – producers have chosen their top-rated Wholesaler Brokers and MGAs, and IBA has awarded Worldwide Facilities with All-Star Status.
To find out which wholesale brokers and MGAs are delivering standout service to their partners, IBA surveyed more than 1,300 retail producers, asking them to rate the performance of their wholesale broker or MGA partners in the following areas:
• Overall responsiveness
• Technical expertise and product knowledge
• Ability to place niche or emerging risks
• Range of products
• Marketing support
• Compensation (commission, bonuses, profit share, etc.)
• Geographical reach
In total, 28 wholesale partners earned a 5-Star rating this year. Of those, only 18 achieved All-Star status, having earned 5-Star ratings in all 10 categories.