Many independent agency owners will soon face decisions about both their personal future and the longevity of their business. Here’s how to create a successful perpetuation plan and why it should be mission critical.
Ready to sell? Not so fast. Between lifestyle needs, your time horizon and the impact of taxes, there’s a lot more to selling your agency than meets the eye.
It’s not easy determining the strategic direction of an independent insurance agency these days. First, the soft market for property-casualty insurance has persisted longer than anyone had anticipated, although the recent spate of storms and worldwide dis