This post is part of a series sponsored by InsurBanc. Independent agency owners — who for generations have provided competitive insurance solutions for consumers and businesses — have seen the complexity of their own financing and perpetuation situations change over …
Many independent agents have watched with concern as a small number of high-profile banks have faltered during 2023. Just what does this shock to the banking system mean to independent agents and brokers throughout the country? The soundness of the …
Whenever agency principals get together, the topic of agency valuations is sure to come up. Someone will start talking about an agency that sold at an unbelievably high multiple. Pretty soon, everyone’s nodding their head and saying there’s a killing …
Whenever agency principals get together, the topic of agency valuations is sure to come up. Someone will start talking about an agency that sold at an unbelievably high multiple. Pretty soon, everyone’s nodding their head and saying there’s a killing …
Now that interest rates are rising again, it’s time to re-examine whether buying an insurance agency is the smart choice for growth or whether building an agency makes more sense. While lots of factors come into play when agents want …
Now that interest rates are rising again, it’s time to re-examine whether buying an insurance agency is the smart choice for growth or whether building an agency makes more sense. While lots of factors come into play when agents want …
