Have you considered the various strategies of the most prominent acquirers of independent agencies in the market today and how their plans may match up with yours?
What: Large national firms likely built over time through a series of acquisitions of local and regional independent insurance agencies. May be public or private.
Pros:
Cons:
Considerations: How is this structure likely to be received by employees, clients and yourself?
What: Banks that have acquired independent insurance agencies
Consideration: Whether you, your employees and clients want to be controlled by an entity that doesn’t really understand your business yet wants something from purchasing you that you might not want to or be able to deliver.
What: Agencies that sell to or merge with other agencies in their community.
What: Agency owners who sold their interests another agent within their own agency.
Considerations: If you aren’t fully paid, what business is likely to be left to take back, even if you could come back after years of inactivity? How confident and trusting are you in those to whom you would be selling your interests?
What: Medium sized, private national broker with entrepreneurial culture focused on building long-term successful partnerships
