Costello & Sons Insurance Wins an Award for Overall Agency Performance - Insurance News | InsuranceNewsNet

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May 30, 2013 Newswires
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Costello & Sons Insurance Wins an Award for Overall Agency Performance

PR Web

San Rafael, California (PRWEB) May 30, 2013

Costello & Sons Insurance recently received the High PIN Score Award from MarshBerry, a leading insurance management consultancy and agency benchmarking firm. What does that mean? It means the California-based agency, which specializes in business insurance for technology companies, venture capital & private equity companies, and personal insurance for High Net Worth individuals and families, received the highest score among MarshBerry members across the country for service, stability, and quality of staff.

The PIN or Performance Indicator Number is a number between 1 and 10 that is a compilation of 15 key industry ratios that quantify an agency’s quality and value. Costello & Sons Insurance received a score of 9.69. To give the score some context: the average PIN score is 6.36 and the top 25% performing agencies’ average PIN score is 8.59.

The PIN score is measured by MarshBerry’s Perspectives for High Performance (PHP) – a benchmarking report for agencies. The PHP report is divided into three sections: profit, operations, and equity. An agency’s financial information is used to benchmark the agency against the broad spectrum of all other MarshBerry membership agencies.

Bryan Costello, CEO of Costello & Sons stated: “It is truly an honor to be acknowledged among such a peer group of outstanding agencies!” The High PIN Score Award is a testament to agency’s power to deliver effective solutions for its clients. It also speaks to the agency’s success as a niche provider tailoring to the needs of technology, venture capital firms and High Net Worth individuals.

For more information contact Costello & Sons Insurance at 877-500-6997.

About Costello & Sons Insurance:

Costello & Sons Insurance is a third-generation niche brokerage with roots in downtown San Francisco. From a size perspective, the California insurance agency has grown into one of the top 15 percent of brokers in the nation. However, with offices throughout California, Costello & Sons Insurance is a regional insurance broker that is small enough to know its clients by name and large enough to insure clients with worldwide operations. Current Principal’s are Bryan Costello & Mike Wardenburg.

Read the full story at http://www.prweb.com/releases/2013/5/prweb10780582.htm

Copyright:  (c) 2013 PRWEB.COM Newswire
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