In high school, Bob Nichols noticed that insurance agencies helped people when they needed it the most.
And because most people required or needed insurance, “I felt like that if a person provided the quality service and attention that most clients desire and deserve, that I could build a nice firm from scratch,” he said.
So in 1986, he founded Bob Nichols Insurance & Financial Services LLC of Jonesboro, an independent franchise agency of Nationwide Mutual Insurance Co.
“The breadth of services that were available for me to offer through Nationwide … is what attracted me to the company,” Nichols said.
His firm, which also was a finalist for the first Northeast Arkansas Business of the Year award last fall, offers a wide variety of products, including auto, home, health and life insurance.
Nichols’ agency also offers a range of financial services, including estate planning, 401(k) retirement plans and personal, business and agricultural insurance.
The company, which has 11 employees, has seen steady growth since its founding and has added various services during the years.
Along the way, it has won a number of awards, including recognition as one of the top 12 Nationwide agencies by total production in the United States for 2010.
One of the reasons his firm wins so many awards is because his agency is able to take care of all needs that a family might have, he said.
“Awards … that’s never been a driving force or factor for me,” Nichols said. “It’s just a nice side result of a culmination of years of hard work.”
Previous Honorees
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Arkansas Business of the Year
2026 Arkansas Business of the Year
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Innovation Pacesetter
Category 5 (500+ Employees)
Category 4 (151-499 Employees)
Category 3 (56-150 Employees)
Category 2 (31-55 Employees)
Category 1 (1-30 Employees)
2024 Arkansas Business of the Year
Nonprofit Organization of the Year
Legacy of Leadership
Innovation Pacesetter Award
Category V (500+ Employees)
Category IV (151-499 Employees)
Category III (56-150 Employees)
Category II (31-55 Employees)
Category I (1-30 Employees)
2023 Arkansas Business of the Year
Nonprofit Organization of the Year
Legacy of Leadership
Innovation Pacesetter
Category V (500+ Employees)
Category IV (151-499 Employees)
Category III (56-150 Employees)
Category II (31-55 Employees)
Category I (1-30 Employees)
Business Executive of the Year
2022
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Legacy of Leadership
Category V (500+ Employees)
Category IV (151-499 Employees)
Category III (56-150 Employees)
Category II (31-55 Employees)
Category I (1-30 Employees)
Business Executive of the Year
2021
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Legacy of Leadership
Category IV (151-499 Employees)
Category III (56-150 Employees)
Category II (31-55 Employees)
Category I (1-30 Employees)
Business Executive of the Year
Arkansas Community Foundation Smart Corporate Giving Award
2020
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Legacy of Leadership
Category IV (101-499 Employees)
Category III (56-100 Employees)
Category II (31-55 Employees)
Category I (1-30 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2019
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Legacy of Leadership
Category IV (101-499 Employees)
Category III (56-100 Employees)
Category II (31-55 Employees)
Category I (1-30 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2018
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category IV (101-499 Employees)
Category III (56-100 Employees)
Category II (31-55 Employees)
Category I (1-30 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2017
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2016
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2015
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2014
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2013
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2012
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2010
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2009
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2008
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2007
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2006
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2005
Nonprofit Executive of the Year
Category IV (Nonprofit Organizations)
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2004
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2003
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2002
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2001
Nonprofit Executive of the Year
Category IV (Nonprofit Organizations)
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
Arkansas Community Foundation’s Outstanding Philanthropic Corporations
2000
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
1999
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year
1998
Nonprofit Organization of the Year
Nonprofit Executive of the Year
Category III (76-300 Employees)
Category II (26-75 Employees)
Category I (1-25 Employees)
Business Executive of the Year