All About Agency Due Diligence

2020-09-13T18:57:10-04:00August 11th, 2018|

Agency due diligence means that you've taken the necessary steps to understand what you're acquiring in an agency acquisition. Any time you purchase an existing business, you're not only acquiring  the good: Goodwill Lines of Business Revenues Talent Technology You're [...]

When Not to Buy an Insurance Agency

2020-09-13T18:56:40-04:00July 26th, 2018|

So, you're thinking about the possibilities of owning an insurance agency. Before you make the final decision gather as much information on the prospective purchase and leave nothing to chance. Take advantage of due diligence and hire a professional - [...]

What Exactly is a Merger?

2020-09-13T18:55:56-04:00June 15th, 2018|

Mergers are business tools used for joining resources to develop a larger share of the market by offering consolidated services or expansions into new territories. Given that the insurance industry has several types of products, it’s normal for an independent [...]

3 Things to Know When Buying an Insurance Agency

2020-09-13T18:55:31-04:00June 1st, 2018|

Whether you’re just starting out or looking to expand an existing insurance agency – you need to talk with an industry professional. Aside from having the desire, drive and passion, you need to understand the risks, financial obligations and the [...]

What Does Your Buying Process Look Like?

2020-09-13T18:54:38-04:00May 1st, 2018|

Annual revenues generated in the insurance industry are over 100 billion dollars annually. The expected growth from now to 2023 is approximately three percent each year. The key indicators confirm a healthy economy, making it a good time to expand [...]

How to Find Potential Agency Buyers

2020-09-13T18:47:02-04:00December 2nd, 2017|

Why do so many insurance agency acquisitions fail? In many cases, it comes down to not finding the right buyer. You've invested your time and life into building your agency. When it's time to sell your agency, you need to [...]