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Tompkins Insurance designated a 'Best Practices' agency for fourth consecutive year

By Press Release

Press release:

Tompkins Insurance Agencies has once again been designated a “Best Practices” Agency, recognizing it as part of an elite group of independent insurance agencies across the United States. The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) has included the Batavia-based agency in its “Best Practices” group for the fourth consecutive year. After a full review of its financial stability and operational excellence, Tompkins Insurance was one of the 282 agencies to qualify, chosen from more than 2,600 independent agencies nationwide.   

The Big “I” and Reagan Consulting of Atlanta, Ga., have collaborated since 1993 to conduct this annual study of industry-leading independent insurance agencies. The study focuses on business practices, including revenue growth and profitability, financial stability, expense management, and sales and operations productivity.  

“To be named a ‘Best Practices’ agency for the fourth year running is an honor we don’t take lightly,” said David S. Boyce, president and CEO of Tompkins Insurance. “It proves, for us, that our mission to offer local, personalized and independent services for clients in communities within Western New York, Central New York and Southeastern Pennsylvania is working. And we aim to continue serving businesses within these communities at a high level for years to come.” 

This recognition comes on the heels of Tompkins Insurance being ranked again this Fall among the Top 100 commercial insurance agencies in the U.S., by both Business Insurance and Insurance Journal. 

Tompkins recognized as one of largest insurance brokers in nation

By Press Release

Press release:

Solidifying its position as an industry leader, and for the 9th consecutive year, industry publication Business Insurance has named Tompkins Insurance Agencies one of the Top 100 largest insurance brokers in the United States. The July 2022 issue of the magazine ranks Tompkins at 79th largest in the country, signaling yet another banner year among the largest insurance brokers nationwide. The firm’s parent company, Tompkins Financial Corporation, was further recognized by Business Insurance as one of the Top 20 bank-held insurance brokerages by fee income, coming in at number 16 in the prestigious ranking. 

“We are thrilled to be recognized yet again as one of the largest insurance brokers in the U.S.,” said David S. Boyce, president and CEO of Tompkins Insurance. “However, it’s not just about numbers, but about relationships. For nearly 150 years, we’ve just as proudly offered local and personalized service to clients in our own backyards in Western New York, Central New York and Southeastern Pennsylvania. We look forward to continuing to serve businesses in our communities for years to come.” 

Business Insurance breaks down brokers by size in revenue, based on the 2021 calendar year. The ranking allows clients to evaluate their broker partners, enables individual brokers to benchmark themselves against their peers and market leaders, and helps to form trends for customers’ risk management and employee benefits challenges and service needs. 

In addition to providing commercial insurance programs for businesses throughout New York and Pennsylvania, the agency also serves more than 36,000 personal insurance and employee benefits clients. Tompkins Insurance Agencies operates 16 offices in Western New York, six offices in Central New York and six offices in Southeast Pennsylvania. It is an independent insurance agency offering personal and business insurance and employee benefits services through more than 50 different companies. A part of Tompkins Financial Corporation, (trading as TMP on the NYSE - MKT), the agency is affiliated with Tompkins Community Bank and Tompkins Financial Advisors, both operating in Western New York, Central New York, Southeast Pennsylvania and New York’s Hudson Valley.  

Tompkins Insurance wins 'Best Insurance Company' Award

By Press Release

Press release:

Tompkins Insurance Agencies is pleased to announce that it has received a 2021 Rochester Business Journal Reader Rankings Award for “Best Insurance Company.” 

The Reader Rankings Awards are a reader-driven contest to identify favorite companies and organizations in dozens of categories through a two-step nomination and voting process. This year, there were 16,000 total nominations and about 44,000 total votes throughout the contest.

Tompkins Insurance has also been consistently ranked among the Top 3 commercial insurance brokers in the Rochester area by the Rochester Business Journal, as well as ranked among the Top 100 commercial insurance agencies and the Top 50 personal insurance agencies in the country (according to Business Insurance and Insurance Journal magazines’ national rankings).

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