Industry Trends to Exploit for 2024 December 4, 2023 By Catherine Oak and Bill Schoeffler Agency owners must watch and learn about major trends when they start. Following are key trends that insurance agencies should...
Merging Producer Development and Compensation in Insurance Agencies to Cultivate Success November 6, 2023 By Catherine Oak and Bill Schoeffler In the dynamic world of insurance, producers — commonly known as agents or brokers — stand at the intersection of...
10 Basic Tenets for Successful Family Owned Agencies October 2, 2023 By Catherine Oak and Jules Turney The presence of family run businesses continues to play a major role in the U.S. economy. From rural mom and...
Lessons from the Stone Age September 4, 2023 By Catherine Oak and Bill Schoeffler In our modern world of rapidly advancing technology and complex corporate structures, it’s absurd to consider looking toward the distant...
Effective Sales Management & Monitoring Producer Performance August 7, 2023 By Catherine Oak Who is responsible for sales management in most firms? Often the task falls to the owner or the top producer...
The Continual Producer Dilemma July 3, 2023 By Catherine Oak The shortage of good insurance producers is still a valid concern for the industry and the problem has only grown...
Dressing Up the Agency for the Wedding – Part 2 – Book of Business June 5, 2023 By Catherine Oak You can’t take it with you. Every business owner will eventually sell his or her business. It can either be...
Dressing Up the Agency for the Wedding Part 1 – Agency Operations May 8, 2023 By Catherine Oak Business owners have a lot to consider when running a successful business. Unfortunately, many do not consider an exit strategy,...
Acquisitions and Agency Value April 3, 2023 By Catherine Oak Growth by merger or acquisition is still a popular and valuable tool. One of the main reasons why this is...
Stock Ownership Versus Deferred Compensation March 6, 2023 By Catherine Oak One of the topics an agency owner will often have to discuss with a new or existing producer will be...