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...
Every day brings a new surprise. While some are thrilling, others, like a vehicle accident or an office fire, are emotionally and financially depressing. To help you pick the best type of insurance agency for you to purchase, you might want the help of an insurance...
If you’re planning to buy an agency with experienced insurance agents in consulting, it’s never too late. But before anything else, it’s best that you know what skills your agents need to possess before acquiring any type of business or agency. For those...
Although rebuilding an insurance agency is no easy process, you can make your goal a reality with the appropriate focus and some hard work. Nonetheless, if you’ve already established your agency but it’s about to close because of the pandemic, insurance...
An insurance book of business for sale is a valuable asset. This book collects all of the insurance policies that the seller had underwritten. In other words, the volume presents crucial information about the insurance agency, particularly its sales and revenue...
Prudence dictates that you do your research first before you commit to buying an insurance business for sale. One area of due diligence is the valuation of each prospective investment. Let’s look at the metrics that investors study to measure the viability of every...
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!
