Tag: commercial

6
Feb

U.S Commercial Prices to Firm in 2013 According to Marsh

Rates for commercial lines insurance will continue to rise in 2013 thanks to above average losses, low investment returns and receding reserve releases. However, according to a new report published by Marsh, traditional signs of a conventional hard market have yet to occur. “Price increases are not uniform, capacity is plentiful, and competition among insurers remains intense,” says Marsh in its

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11
Mar

SOLD: Alameda County Commercial Insurance Book of Business for Sale

Location: Alameda County, California Agency Description: Gross Income: 2009 – $150,000 Net Earnings/Cash Flows:  $77,000 80% Small Commercial Lines, 20% Small Group Health Contractors, General Liability, and Work Comp Not dependent upon location, perfect FOLD-IN to buyer’s office Stable revenues and strong profits 16-year old agency with loyal clients Virtually no personal lines, excellent Cross-Sell opportunities Click here for a

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26
Nov

Vertafore offers Producer Plus to Insurance Agencies that Sell Commercial Coverages

The makers of AMS Agency Management Systems have a product called Producer Plus that your agency should consider using if you sell Commercial Insurance Policies. The program has a series of questions including many questions from supplemental applications built in. You can export the data to ACORD Apps with the click of a mouse and many carriers are able to upload

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8
Jul

Commercial Trucking Insurance Agency for Sale in Orange County: No Longer Available

Location:  Orange County, Ca. Agency Description: Commercial Trucking Book primarily comprised of Carolina Casualty (Schuberg), Praetorian and Northland. Over 200Active Policies Commission revenue stable 2 Consecutive Years AMS 360 Agency Management System Cash Flow of $95,000 Annually Great referral sources for new business opportunities Book has not been cross sold other products. All clients have Trucking/Cargo Insurance only. Work Comp, GL and other

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28
Jun

Personal Lines Agencies that want to write Commercial Insurance should find a Niche

Many Agencies that specialize in Personal Lines Insurance Coverage are trying to break into the Commercial Insurance Market. A few challenges when breaking into Commercial is learning all the coverage’s, forms, terminology, marketing to businesses and obtaining competitive carriers.

2
Jan

Selling your Commercial or Personal Insurance Agency

With a New Year upon us, many insurance agency owners are hoping to sell their agencies this year. Regardless of the bad economy, Insurance Agencies are still in demand and there is no shortage of buyers. There are a few things to remember when selling your insurance agency but your number one priority is preparation.

9
Jun

SOLD: Commercial Insurance Brokerage in San Bernardino County

Location: Ontario, California Annual Revenue: $285,000 Commissions $110,000 Brokerage Fees Total Revenue$395,000Asking Price: $525,000

19
Apr

Selling your Commercial Insurance Agency

Buyers are looking for Commercial Books of all colors, shapes and sizes. From the basic BOP/Commercial Auto book to Contractors, Work Comp, Trucking, Agricultural, E&O, Manufacturing, and any other Commercial Line you can think of. Commercial agencies for sale with direct appointments or one that uses wholesalers are both highly desirable. Agency bill, premium finance or direct bill are all

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