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...
Industry Trends to Exploit for 2023 February 6, 2023 By Catherine Oak and Bill Schoeffler Agency owners must watch and learn about major trends when they start. Following are the eight key trends that insurance...
The Basics of a Letter of Intent December 5, 2022 By Catherine Oak and Bill Schoeffler When an agency owner decides to sell, there are a plethora of buyers to choose from. A seller should narrow...
M&A Deals Makers & Deal Breakers November 7, 2022 By Catherine Oak Why are some transactions or “deals” most likely to happen or not happen? There are a number of factors that...
How to Lower Agency Value October 3, 2022 By Catherine Oak and Bill Schoeffler As the M&A frenzy continues, buyers keep pushing the envelope when it comes to agency value. The private equity firms...
Effective Sales Management & Producer Performance September 5, 2022 By Catherine Oak Who is responsible for sales management in most firms? Often the task falls to the owner or the top producer...