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Every business owner recognizes the importance of growth to the success of their company. If you’re one of the growing number of insurance business owners who choose acquisition growth, you’re probably looking to find the right insurance agency business for sale. Luckily, we’ve pulled together a few recommendations to help you find the right fit.

business people insurance agency business for sale

Tips to Help You Find the Right Insurance Agency for Sale

Build Relationships with Other Seasoned Insurance Agency Owners 

Reaching out to seasoned insurance agency owners is one of the smartest moves you can make. Allow them to serve as your mentors so that when the time comes for them to retire, you’ll already have the knowledge and understanding about existing books of business.

Share Your Growth Plans with Industry Allies

If you’re a part of an alliance or a network, be sure to let them know about your interest in purchasing an insurance agency. If they have problem-solving or peer-to-peer groups, be sure to get involved in them. You’ll eventually hear about opportunities for acquisition.

Additionally, keep in mind that your carriers connect with other agencies in your local area and throughout the country. Letting them in on your plans for growth via acquisition will give you opportunities to find leads on insurance agencies for sale.

Check Online Resources

Be sure to check online for advertised books and insurance agencies available for acquisition. Some insurance businesses post classified ads on their own websites. Moreover, look for Facebook groups that can connect you to a seller and provide opportunities for networking and forums for discussion.

Work with an Experienced Broker

If it’s your first time purchasing an insurance agency, you’ll want to work with an experienced broker that specializes in the insurance industry. Besides connecting you with the right seller, they can also facilitate a smooth transfer of ownership.

business people insurance agency business for sale

Looking for an Insurance Agency Business for Sale?

At Energia Consulting Partners LLC, we offer our clients a well-established approach to the agency sales process. Contact us today to schedule your appointment.