With every day that passes, you are getting closer to retirement. Have you given thought to what will happen to your agency? InsurBanc’s Vice President and Commercial Loan Officer, Keith Mangini recently shared some insight in Insurance Journal’s article, What’s Next for Your Agency Perpetuation Plan. It’s essential to realize that a well-crafted perpetuation plan can not only impact your retirement, but also your agency’s value. In this article, Keith explains the necessary steps agency principals should take now in order to maximize the agency’s value for the future. Read the full article by clicking here.
InsurBanc understands independent agents and their businesses. We specialize in insurance agency financing. Whether your needs include agency perpetuation funding, insurance agency acquisition or simply understanding your cashflow as it relates to your banking needs, InsurBanc can help agencies nationwide.