Securing an accurate valuation is an important step for those who are looking to buy, sell or merge an insurance agency. Without an accurate valuation, you’ll be leaving money on the table during the negotiation and transaction processes – but how do you best go about...
Figuring out how to sell your insurance agency is a complex process. It requires thorough preparation and consideration of various factors. Are you looking to retire or move on to new ventures? If yes, then it is essential to approach the sale strategically to ensure...
There is a process to ensure a successful transition when purchasing an insurance agency. Building a business transition plan after purchasing an insurance agency is vital to ensuring the success of the acquisition. Knowing what to pull from to create an effective...
An insurance agency book of business plays a crucial role in making your insurance agency the best it can be. Yet, the process of building a book of business can seem daunting, whether you are starting your own insurance agency or have an existing insurance business....
Merging with another insurance agency is a great business move. There are many benefits to merging with another insurance agency, from minimizing competition and increasing efficiency to expanding your product offerings and market range. While mergers can create a...
Insurance agency acquisition has a lot in common with acquiring any business. It should be done methodically to make the right choice! Getting a clear understanding of the first steps toward acquiring your new company is paramount to your success. There’s no default...
The insurance world is constantly shifting. From increased carrier demands and lower commissions to consolidation and new competition, it feels some days that change is the only constant. With an industry constantly in flux, it’s not uncommon for agencies to feel the...
When you are on the path to purchasing an insurance agency, it is important to know and understand the pitfalls of insurance agency acquisitions. Between state requirements, risk evaluation, outstanding liabilities, and more, knowing what to expect can save you a few...
The insurance industry is ever-changing. Carrier policies, global events, and the increasing use of technology all play their part in creating an insurance industry that must be increasingly flexible. Part of the ongoing fluidity is the constant shifting of agency...
Every business is concerned about cost pressure and lack of finances, so they need to assess and watch their spending. If you ask an insurance agency business for sale, they will attest that this is sometimes a reason they end up selling their business. Since...
We are an experienced, independent consulting practice that specializes in all aspects of the sale of an insurance agency with emphasis on the Allstate & Farmers Insurance Company distribution model. Additionally, our professionals offer a wide variety of process delivery for the agency owner which supports all agency operations. Our consultants have over 150 years of experience in the industry with a proven track record of success!
