Aug 15, 2023 | Business Valuation, Insurance Agency, Insurance Brokers
Insurance brokerages play an important role in the United State’s economy. These businesses sell insurance policies and annuities to businesses, individuals, and the government. According to IBIS World, there are over 410,000 insurance brokerages in the United States....
Jun 11, 2023 | Insurance Agency, SBA business valuations, SBA Financing
Owning an insurance agency can be a lucrative adventure. This is due to the industry being very steady and resilient. Demand for insurance is expected to steadily grow in the coming years. This makes it a great time to grow, sell, or buy an insurance agency. Knowing...
Jun 6, 2023 | Business Valuation, Insurance Agency, Valuation Multiples
The insurance agency and brokerage industry comprises companies that sell insurance policies and annuities. In recent years, this industry has experienced healthy growth, generating over $210 billion dollars in revenue. In addition, demand for insurance agencies...
May 25, 2023 | Insurance Agency, SBA Financing, SBA Lender
Starting an insurance agency or buying an insurance agency can be an exciting opportunity. It’s a great way to make money while assisting people in protecting their valuable assets. However, buying or opening an insurance agency can be challenging. It can be...
May 9, 2023 | Business Appraisal, Insurance Agency, Insurance Brokers, Value Drivers
In our volatile world, having insurance is crucial. Insurance provides financial protection against unexpected events like car accidents and earthquakes. As such, there is a steady demand for the insurance brokerage industry. Insurance brokerages help consumers find...
Apr 16, 2023 | Business Appraiser, Business Valuation, Insurance Agency
Insurance provides financial security and peace of mind for consumers. As such, there will always be a demand for insurance. Over the past several years, the insurance industry has experienced steady profit growth. This is due to increased premiums for P&C...
