We work with agents, carriers and vendors serving the insurance industry on strategies designed to enhance growth.
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Insurance Agency Owners typically sell an insurance agency once in their lifetime, whereas Insurance Agency Buyers close several transactions. This puts Sellers at a huge disadvantage since there’s no prior experience to draw from. Many Agency Owners believe that since they’re in the insurance business, they know how to sell an insurance agency. However, you’ve lived in a home your
At Ganis Consulting, we receive at least 15 inquiries every month from agency owners looking to acquire insurance agencies. They’re not all new, roughly 1/2 of them are repeat visitors checking in to see if we have new agencies available for sale. The clients we serve are sellers of insurance agencies under $1,000,000 in Revenue (not premium, Revenue or Commission
At Ganis Consulting, we receive at least 15-20 NEW inquiries every month from agency owners looking to acquire insurance agencies. The deals we close are under $1,000,000 in annual Revenue and many of our transactions are for Insurance Agencies under $500,000 in Revenue. These are usually Owners with a preferred insurance book of business with carriers such as; Mercury, SafeCo,
Hub International Ltd. has acquired certain assets from Kelly King Insurance Services. Ripon, Calif., Kelly King’s property/casualty insurance solutions are focused on insuring landscaping and tree care business operations.Terms of the deal were not disclosed.
There were 142 announced insurance agency mergers and acquisitions during the first quarter of the year, according to OPTIS Partners’ M&A database. It was the fourth-highest quarterly total, trailing only Q1-2017, Q2-2017 and Q4-2017.
How do you Sell an Independent Insurance Agency or Book of Business? Over the past 12 months, our firm has received 32 buyer inquiries to every one seller, so sellers are in luck!The demand for small to medium sized standard or preferred agencies is greater than it’s ever been. Personal, Commercial and Benefits Agencies and Books of Business are in
Insurance Agency Owners and Investors need resources when considering buying or selling an independent insurance agency. There are a few sites we like and some we don’t, but this isn’t a review of insurance acquisition sites, you can determine what you’d like to use.
We’re pleased to announce that we’ve been approved by Business Brokerage Press as an Industry Expert for Insurance Agencies. As a licensed Real Estate In California, we’re able to properly list, advise and guide you in selling your insurance agency. We also offer buyer services for insurance agency buyers looking to acquire agencies or books of business. As members
Over the past 15 years, we’ve all heard reasons why you should sell an insurance agency. Lower commissions, higher capital gains taxes, increasing overhead and the big bad internet. Independent Agents have heard dozens of reasons to sell their agencies, but if it’s so important to sell now, why is it such a good idea to buy?
The No. 1 challenge I hear from personal lines agents is that the phone isn’t ringing with new prospective customers. The reason for that is obvious, most consumers initiate shopping online. Many agents try to generate or buy leads online, but the results are dismal so they give up. There are agencies who build big books of business from generating