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...
You have to consider many ratios when purchasing an insurance agency. Weighing these indicators makes sure that potential investors understand the risks involved when they commit to an acquisition deal with a prospect. A Few Indicators to Look At EBITDA EBITDA is...
Browsing through insurance agencies for sale requires more than just looking at cash flow and sales history. There are red flags that professionals trained in agency valuations look out for. Below are three of them. Look Out for These Flags Regulatory Violations...
The insurance industry and the market that it serves are dynamic in nature. Agents have to be responsive to changes and new hurdles that come their way as they pursue their careers. If you’re buying an insurance agency, you’d have to also understand what problems your...
The pandemic’s onset has demonstrated how vulnerable the economy and businesses are to a sudden recession. Enterprises folded within just a few months of the World Health Organization’s pandemic declaration in March 2020. Many insurance agencies for sale in Atlanta,...
Going through insurance agency listings is the first step to acquiring an insurer, but it’s not the only step. You’d also have to go through their roster of agents and see which ones are performing well for the company. In other words, you look for those that have the...
Insurance companies shoulder plenty of risk for their clients. You will inherit this obligation when you successfully purchase an insurance company. This is the first thing you’ll learn when you tap an insurance agency consulting firm to advise you on the purchase. ...
Buying an insurance agency to start your business journey can be very exciting. You have spent days and nights thinking about this decision – you can’t wait to do it finally. But while all the glitz and glamour are beautiful to see, have you honestly considered if...
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!
