News - Insur Banc

Moving on Up: Perpetuation for Young Agents

May 23, 2023

Recently, the Independent Insurance Agents & Brokers of America released a webinar, “Moving on Up: Perpetuation for Young Agents,” hosted by InsurBanc’s President & CEO, David Tralka. In this webinar, Dave discusses the process of perpetuation from a young agent’s perspective. He describes how to start thinking like a buyer by learning how to access capital and understanding agency valuation. As a young agent, this webinar will teach you how to become part of the succession plan. Click here to listen.

Perpetuating vs. Selling

May 23, 2023

Farmington, CT (May, 2015) In Insurance Journal’s recent article, InsurBanc’s Chief Lending Officer Robert Pettinicchi discusses why agency owners should consider perpetuating their agency instead of selling as they move towards retirement. With valuations increasing, you may be considering selling your agency. However, with selling you no longer can benefit from any future cash flows from your agency. Economically, perpetuation can often make more sense. Click here to learn more.

ProgramBusiness.com’s newest article

May 23, 2023

Farmington, CT (October, 2014) ProgramBusiness.com’s newest article discusses the spike of agency acquisitions in 2014 and the important components of an internal perpetuation with industry experts from InsurBanc and Reagan Consulting. Click here to read.

InsurBanc Helps Fast-Track Agency’s Perpetuation Plan After Principal’s Passing

May 23, 2023

Farmington, CT (February, 2013) For an insurance agency, executing an internal perpetuation plan can be tricky enough. But when unfortunate circumstances force the plan to be completed on an accelerated timeline, the challenges mount. Find out how one agency was well prepared with a perpetuation plan and the right financing partner. Click here to learn more.

Extreme Makeover: What Makes an Agency Attractive to Buyers?

May 23, 2023

Farmington, CT (October, 2011) Some agency and brokerage owners who would like to be courted have not made their operations particularly attractive to buyers – What’s lost on a lot of agencies is that every business decision you make, it has to be made with the idea: Does this build value or destroy value? Click here to read more.

Agency Perpetuation from the Lender’s Perspective

May 23, 2023

Farmington, CT (September, 2011) For insurance agency owners, a well-conceived and properly executed perpetuation plan is a great mechanism for harvesting the value generated through their dedication and commitment to building their business. Click here to read more.

Value Building Key in Agency Financing, Perpetuation, M&As

May 23, 2023

Farmington, CT (September 2010) An insurance agency must build value over time and if at some point the owner is going to look to harvest that value, he needs to nurture the business and run the operation in a manner that creates value. This value-building philosophy is the glue that holds the entire perpetuation plan or M&A together. Click here to read more.