You can find a list of Insurance Agency Valuations professionals by going to:
https://www.agencyequity.com/listings/i ... appraisals
Search found 165 matches
- Wed Dec 11, 2013 12:11 pm
- Forum: Opinions
- Topic: Question on estimating a business value
- Replies: 12
- Views: 18582
- Thu Nov 21, 2013 11:40 am
- Forum: Hard-to-Place Accounts
- Topic: New Insurance Agency
- Replies: 22
- Views: 49560
Re: New Insurance Agency
There are many choices(cluster groups, brokers etc..) out there. Just be careful of the contracts that have a one or two year non-compete, this may not be to your advantage. Very good point, but never expect perfection to your advantage because that doesn't exist. One should research the available ...
- Tue Nov 19, 2013 12:18 pm
- Forum: Hard-to-Place Accounts
- Topic: Insurance Noodle Non-Compete Clause
- Replies: 1
- Views: 9278
Re: Insurance Noodle Non-Compete Clause
I think Insurance Noodle provides a great service, but there are many other organization who do the same. They key is to review their contract and the language as it relates to leaving. One size does not fit all, there are over 100 of these organizations and growing, you can search for these organiz...
- Fri Nov 15, 2013 11:56 am
- Forum: Hard-to-Place Accounts
- Topic: New Insurance Agency
- Replies: 22
- Views: 49560
Re: New Insurance Agency
I put together a Guide to Starting an Independent Agency, you can view this at: https://www.agencyequity.com/guide-to-starting-an-independent-insurance-agency You can find a directory of Carriers and access to appointment information by going to: https://www.agencyequity.com/listings/insurance-carri...
- Sat Aug 10, 2013 4:54 pm
- Forum: Opinions
- Topic: Insurance agencies for sale ?
- Replies: 32
- Views: 146246
Re: Insurance agencies for sale ?
Great point, learning how to run an agency isn't something you can do overnight. I think I replied to that about a year or so ago and I still hear from those who want to acquire a preferred insurance agency without experience. Here are the options: No Insurance, no business Experience: Captive Agen...
- Mon Jul 15, 2013 10:50 am
- Forum: Opinions
- Topic: non compete clause
- Replies: 12
- Views: 54071
Re: non compete clause
Some states prohibit non-compete agreements to a certain extent. In some cases a client is not bound by the non-compete agreement and cannot be prohibited from choosing whom to do business with. Nevertheless, those looking to transition from being an employee to their own agency should proceed with ...
- Mon Jun 10, 2013 9:23 pm
- Forum: Opinions
- Topic: Standard Non-Compete
- Replies: 3
- Views: 5943
Re: Standard Non-Compete
Most non-compete agreements in California don't hold water. You might want to check with legal council first on both the validity and enforceability of a no-compete. That is so well started, furthermore this is a state specific issue, I would only hire an attorney who is familiar with your state an...
- Thu May 30, 2013 9:02 pm
- Forum: Opinions
- Topic: Start up cost for a new agent
- Replies: 15
- Views: 59680
Re: Start up cost for a new agent
My website has a number of resources to help those looking to Start an Insurance Agency including my Guide to Starting an Independent Insurance Agency, you may view this at:
http://www.agencyequity.com/guide-to-st ... nce-agency
There is a section on start-up costs as well.
http://www.agencyequity.com/guide-to-st ... nce-agency
There is a section on start-up costs as well.
- Mon May 13, 2013 8:28 pm
- Forum: Opinions
- Topic: non compete clause
- Replies: 12
- Views: 54071
Re: non compete clause
I write about this very issue in my Guide to Starting an Independent Insurance Agency. You should abide by the non-complete, but there are ways to deal with it and win in the long run so that you can be in a much better position should a lawsuit occur. You can read the guide under "Start Up Age...
- Tue Feb 19, 2013 11:54 am
- Forum: Opinions
- Topic: Clusters in New York
- Replies: 2
- Views: 13917
Re: Clusters in New York
You can search for Cluster groups in New York on my website which is linked in my signature.
- Mon Feb 11, 2013 9:51 pm
- Forum: Opinions
- Topic: Laws on where an office can be?
- Replies: 3
- Views: 15862
Re: Laws on where an office can be?
I have heard of no laws regarding agency location, provided that your agency is domiciled in that state you are licensed in. In the past, Insurance Agencies needed spacious offices to handle staff, file cabinets, supplies and a number of other items. Thanks to the Internet age, this has all changed....
- Mon Feb 11, 2013 9:45 pm
- Forum: Opinions
- Topic: Best mgmt system for small agency
- Replies: 11
- Views: 191273
Re: Best mgmt system for small agency
There are well over 15 different vendors who offer well over 20 different insurance agency management systems in the marketplace. The two largest vendors have been around for some time. They are Applied Systems and AMS/Vertafore. Should a new agency go with one of the larger vendors? First of all, I...
- Tue Feb 05, 2013 12:11 pm
- Forum: Opinions
- Topic: New independent agency
- Replies: 10
- Views: 29292
Re: New independent agency
Going through an wholesaler (MGA do not underwrite preferred business as they are really retrained to underwrite specialty business) to access the larger preferred carriers is in most cases, not the way to go. The absolutely best way to go it to becoming a member of a cluster, alliance or network gr...
- Tue Nov 27, 2012 8:52 pm
- Forum: Opinions
- Topic: Getting Appointed
- Replies: 2
- Views: 7330
Re: Getting Appointed
Most carriers have agency appointment information on their website, I would go to a carriers website and submit a request. The other option is to find the marketing representative and ask for a meeting, many will schedule an appointment to visit you in your office. You can find a marketing represent...
- Tue Nov 27, 2012 8:47 pm
- Forum: Opinions
- Topic: Newly Independent Agent - Best Carrier Access Platform
- Replies: 6
- Views: 16438
Re: Newly Independent Agent - Best Carrier Access Platform
Hello group. I am a one man shop and have been independent for just a few months. Located in California. Looking for a cost effective way to access P&C Carriers. Comparative rater partnered with a GA vs. online wholesaler. The online wholesaler I am using often requires Acord forms filled out f...