Is There Life After Agencies Consolidate?
As independent agents and brokers have consolidated at a rapid pace in recent years, one might assume these mergers and new franchises are wildly successful. I, for one, doubt it. Patterns have emerged that indicate who could be successful, and who will fail.
Agency aggregation activity primarily involves one of three basic strategies: outright purchase, clusters of independently owned agencies and "hub-and-spoke" franchising.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
