Provident Protection Plus Named a Top Performing Insurance Agency in the U.S. by the Independent Insurance Agents & Brokers of America for the Third Consecutive Year

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Provident Protection Plus (PFS) retained its Best Practices status for 2025 and was named a top-performing independent insurance agency for the third consecutive year.

Out of 1,146 agencies nominated nationwide, only 348 qualified as Best Practices Agencies. The designation is awarded by the Independent Insurance Agents & Brokers of America and Reagan Consulting after a rigorous nomination and qualifying process.

Best Practices winners must rank among the top 35–45 agencies in their revenue category and submit extensive financial and operational data; 2025 begins the current three-year study cycle.

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Out of 1,146 independent agencies nominated nationwide, only 348 achieved this prestigious honor

AUGUSTA, N.J., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Provident Protection Plus, a full-service insurance agency that offers comprehensive insurance programs to protect businesses, their employees, and consumers, has announced that it has retained its Best Practices status for 2025, joining an elite group of independent insurance agencies for the second time in a row from across the U.S.

The Best Practices Agency designation is awarded to participants in the Best Practices Study, which analyzes and documents the business practices of the highest-performing insurance agencies in the industry.

This year, 1,146 independent agencies throughout the U.S. were nominated to compete for this coveted designation and only 348 agencies scored high enough to qualify as a Best Practices Agency.

“Being named a top-performing insurance agency for the third year in a row is incredibly exciting and a true testament to our team’s passion and dedication,” said George Lista, President & CEO, Provident Protection Plus. “Amid elevated inflation and rising insurance costs, we’re proud to help clients not only protect what matters most today but also prepare with confidence for the challenges of tomorrow.”

Since 1993, the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) and Reagan Consulting, an Atlanta-based management consulting firm, have joined forces to study the country’s leading agencies in seven revenue categories.

Best Practices Agencies are selected every three years through a rigorous nomination and qualifying process. Each agency must be among the 35-45 top-performing agencies in its revenue category to be awarded Best Practices status.

Best Practices Agencies retain their status annually during the three-year cycle by submitting extensive financial and operational data for review. 2025 is the first year of the current three-year study cycle.

About Provident Protection Plus
Provident Protection Plus, Inc., is a full-service insurance agency that offers comprehensive insurance programs to protect businesses, their employees, and consumers. For more than 70 years, they have served companies and residents of New Jersey, New York, and Pennsylvania. They represent more than 20 of the country’s most respected and highly rated regional and national carriers licensed to write insurance in 40 states. In addition, as a wholly owned subsidiary of Provident Bank, they provide access to a full suite of financial products and services. To learn more call 888.990.0526 or visit www.providentprotectionplus.com.

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 over 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 various insurance companies.

Media Contact:
Keith Buscio
Keith.Buscio@Provident.bank

FAQ

What does Provident Protection Plus (PFS) being named a Best Practices Agency for 2025 mean for investors?

It signals third-party recognition of operational and financial practices but is an industry award rather than a change to financial guidance.

How many agencies were nominated and how many qualified as Best Practices Agencies in 2025?

1,146 agencies were nominated nationwide and 348 qualified as Best Practices Agencies in 2025.

Is Provident Protection Plus (PFS) a repeat winner of the IIABA Best Practices designation?

Yes; Provident Protection Plus retained Best Practices status for 2025 and was named a top-performing agency for the third consecutive year.

What criteria must agencies meet to earn Best Practices status in the IIABA study?

Agencies must rank among the top 35–45 in their revenue category and submit extensive financial and operational data for review.

When does the current IIABA Best Practices study cycle run and what is 2025's role?

The Best Practices award is selected every three years; 2025 is the first year of the current three-year study cycle.