Tag: sell

8
May

What is my Insurance Agency Worth?

“What is my insurance agency worth”? is the number one question we field from owners. The best way it’s ever been explained to me is “insurance agencies are like snowflakes, no two are alike”. This statement hits the nail on the head because every agency has different types of value. In our initial interview with agency sellers we ask key

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19
Apr

Mercury, Safeco, Travelers, Hartford Insurance Agencies in High Demand

Many calls we take from  prospective buyers for Personal Lines Insurance Agencies specifically request Mercury, Safeco, Travelers and Hartford as carriers they’re looking to acquire. If these books have profitable loss ratios and a solid agency infrastructure they’re by far the most valuable Personal Lines books available. Carriers such as Allied, Firemans, Chubb and Kemper are also very popular.

21
Mar

Consult CPA before Selling an Insurance Agency

Most agency owners will sell an insurance agency once in their lifetime. Many insurance agency buyers have purchased more than one, have more experience with the process and have an advantage when it comes to negotiating. When selling your agency you need to assemble a team consisting of your CPA, Attorney and Insurance Agency Consultant or Business Broker. Each person

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