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4 Ways a Bank Loan Can Fuel Agency Growth in 2025

Is your agency prepared for what’s next?

As we enter 2025, shifts in the fed rate policy and the possible Tax Cut and Jobs Act sunset directly impact strategic planning and insurance agencies must stay ahead of the curve to remain competitive.  In a recent IA Magazine article InsurBanc division director, Scott Freiday, discusses these financial shifts and four lending opportunities to drive growth and value in 2025.

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With Tax Cuts Set to Expire, Consider a Partial Sale of the Agency

Is your agency prepared for what’s next?

With the Tax Cuts and Jobs Act (TCJA) set to sunset at the end of 2025, agency owners could face new tax implications that can affect decisions about selling their agency.  In a recent article in The Standard, InsurBanc Division Director Scott Freiday discusses the option of a partial sale of the agency via a stockholder loan as a smart way to preserve value and navigate the tax changes effectively.

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A Bank’s Role Throughout the Independent Agency Life Cycle

From launch to legacy, a bank plays a critical role throughout the agency life cycle.  What stage is your agency at?  The right bank is more than a financial institution, they are a partner in building and sustaining success. 

A recent article in Rough Notes, “A Bank’s Role Throughout the Independent Agency Life Cycle”,  provides insight into the critical banking needs of each life cycle.  Join the discussion with Commercial Team Leader Keith Mangini and Director of Cash Management Services Patricia Smith.

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3 Unusual Financing Solutions

In today’s insurance landscape, agency owners need more than traditional approaches to agency growth.  In this IA Magazine article, InsurBanc Division Director Scott Freiday highlights how out-of-the box strategies can help agencies leverage financing and rethink their growth strategies. Read about three unique scenarios.

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Cash Balances Are Up – What Now?

Attention agency owners:  What are your cash management and investment strategies?

In this Standard article, InsurBanc’s Director of Cash Management Services discusses putting idle cash to work – how to optimize liquidity with products that balance safety and accessibility while improving yields.   Investment strategies should couple with proper cash management services that save costs, improve efficiencies and maximize returns. This requires the right financial tools and a bank that understands the unique operational needs of independent insurance agencies. 

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Insurance Perpetuation in Stages: A Lesser-Known Strategy

Attention agency owners:  what is your perpetuation strategy?  Does it include a possible larger payout over time, employee commitment and retention and preservation of your agency’s culture and legacy?

In this Rough Notes article, InsurBanc division director Scott Freiday discusses the lesser thought about strategy of a staged perpetuation. This option is a win-win for both the owners and committed employees.   It gives the owner the chance to leave gradually on their own terms. Employees with equity now have a stake in the game, they are in it to grow and enhance their investment.

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Is an ESOP in Your Future?  Don’t Overlook This Valuable Succession Planning Tool

Is an ESOP right for your agency’s succession plan? In a recent Insurance Journal article, InsurBanc senior vice president Scott Freiday discusses how an ESOP can be an effective succession strategy for the right insurance agency and outlines the advantage for agency owners with Julius Anderson, president of Anderson Insurance Associates.

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We’re Not Running Away From Brick and Mortar

Join the discussion on how one agency created a unique business model using brick and mortar and technology to focus on an underserved insurance market and to expand their footprint. Tiago Prado, BRZ Insurance principal, talks about how they cultivated an organizational culture that focuses on community and forms a framework that fosters growth.

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Deal Dynamics:  Identifying an Acquisition to Add to the Most Value to Your Agency

What is your acquisition strategy?  Connect real life examples from your peers, challenge your assumptions and enhance  your strategy.  Scott Freiday, InsurBanc division director, recently participated in an IA Magazine article which discusses acquisition strategies with Bradley Flowers (Portal Insurance) and Missy Kahl (Bickle Insurance). 

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Do Your Homework – 5 Areas to Research to Identify the Right Agency to Acquire

Acquisitions are a great way to grow your agency and increase your agency’s value.  However, “doing your homework” is critical to making a informed decisions. Read the latest article featuring Scott Freiday, InsurBanc division director, and Donovan Dunn, president of Roger Keith & Sons Insurance, as they discuss the 5 areas you need to understand to create an effective acquisition strategy for your agency.

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