Tag: sell agency

17
Aug

5 Ways Business Owners Can Maximize Value and Sales Price when Selling an Insurance Agency

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,

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5
Aug

Why Most Insurance Agency Buyers will Never Buy Your (any) Agency

We’ve all heard it at insurance conferences, dinners and carrier events. Agents are looking to acquire a book or buy an agency because it’s one of the best investments on the planet. Problem is, most of these buyers love the sound of acquiring an agency, but most never do. When there’s an opportunity presented to them, they tell you why

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17
May

Hub Acquires Assets from Kelly King Insurance Services in California

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.

30
Jul

Another Reason why this is the best time to Sell your California Insurance Agency

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? 

11
Dec

Want to sell Your Insurance Agency but dont know where to start?

Selling an insurance agency is as complicated as you make it. Over the years we’ve seen bankers, business brokers and agency owners dictate how insurance agencies are bought and sold. What we’ve learned is that most sales for a book of business from 0-$2,000,000 in revenue are completed when 2 business owners sit down and work out terms that are

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1
Jul

Many ways to Calculate the Value of Your Insurance Agency

Selling an insurance agency is not like selling a home or commercial building. An insurance agency is a business and the financial performance of the agency will make up 90% of its value. There are 2 formulas most buyers use to determine what they’ll pay for an agency.