How Contingent Compensation Is Factored Into an Agency Acquisition
Contingent compensation can be significant but unpredictable, particularly amidst the hard market and frequent catastrophes.
Contingent compensation can be significant but unpredictable, particularly amidst the hard market and frequent catastrophes.
A revenue acquisition can compress years of organic growth into a few short years and dramatically increase an agency’s value.
Angela Ripley, president of VW Brown Insurance in Columbia, Maryland, brings two decades of agency leadership, eight acquisitions and a passion for mentorship and inclusion to the role of Big “I” chair.
Just because the economy is unpredictable doesn’t mean it’s time to pull up the drawbridge and hide. Making smart moves to drive growth, both organic and inorganic, can keep a business thriving.
Independent insurance agency mergers and acquisitions are stabilizing after years of frenzied activity, but remain above pre-pandemic levels.
Agencies can reduce friction with their carrier partners to make claims and compensation more transparent, accurate and user-friendly.
The recently enacted tariffs have introduced uncertainty into the insurance industry, including the agency mergers & acquisitions market. Here are three areas to monitor over the coming months.
Mergers and acquisition insurance sector deals dropped 15% to 141 in the first quarter of 2025, a decline from 166 in the first quarter of 2024.
While no one enters marriage with the prospect of divorce, it happens and can wreak havoc on an agency both operationally and strategically.
Tax planning increases an agency’s profitability without sacrificing critical assets like laying off staff or downgrading software.