A growing trend is the “staged perpetuation” — transferring ownership of the agency in phases, rather than selling it entirely at one time. Not every agency principal is aware of this viable alternative to selling outright or how it works.
Tag: agency seller
Fear of Missing Out? What to Consider Before Selling Your Agency
The ever-increasing number of agencies sold to large acquirers may have independent agency owners wondering if they’ve “missed the boat” if they don’t sell. Deloitte reports in its “2022 Insurance M&A Outlook” that broker deal volume was up 40% at the end of 2021 over 2020. Aggregate deal value increased 165% from $21.6 billion in… Continue reading Fear of Missing Out? What to Consider Before Selling Your Agency