The IMT Group, a leading provider of personal and commercial insurance products, announced its list of 2013 GEM Too Agencies, distinguishing Bank Midwest Insurance Services as one of the qualifying recipients.
The IMT Group recognizes Bank Midwest Insurance Services as one of the highest performing IMT and Wadena Insurance agencies in its territory, which covers six Midwest states (Iowa, Illinois, Minnesota, Nebraska, South Dakota, and Wisconsin). Of the more than 800 independent IMT Group agencies eligible for consideration, only 78 of the top performing agencies received the GEM Too distinction this year.
Each year, The IMT Group awards the GEM Too distinction to only those agencies that demonstrate outstanding performance in the areas of rank, growth, loss ratio and profitability. Last year, Bank Midwest Insurance Services sustained a loss ratio of 50% or less.
The IMT Group has a strong relationship and partnership with Bank Midwest Insurance Services. It is the superior performance and unwavering commitment of agencies like Bank Midwest Insurance Services that helps contribute to the success of IMT.
Bank Midwest has been providing communities in northern Iowa and southern Minnesota with full-service financial solutions for almost a century. Bank Midwest is currently $675 million in assets with locations in Fairmont, Jackson, New Ulm, Sherburn, Windom, and Westbrook, MN, and Okoboji, Armstrong, Wall Lake, and Spirit Lake, IA.
Insurance and investment products are not deposits, not FDIC insured, not insured by any federal government agency, not guaranteed by the bank, and may go down in value.