Filed Under:Agent Broker, Agency Management

How Much Is Your Agency Worth?

Many insurance agency owners have long relied on an old formula for determining the value of their business.

“I don’t need a valuation,” one owner told me, “I know how it works. Everyone gets a multiple between one and two times revenue.” Interestingly, the following year that owner was surprised when a prospective buyer started looking at his company and things got more complicated.

What are the payoffs of a valuation?

Featured Video

Most Recent Videos

Video Library ››

Top Story

PIA's national president was born to insure

Robert W. Hansen Jr., a fourth-generation insurance professional, reflects on what drives him to keep selling after more than 30 years in the business.

Top Story

Taiwan earthquake collapses two high-rises. Shoddy construction investigated

The Taiwanese government has ordered an investigation into a building's collapse, as images show tin cans built into the walls of the toppled complex.

More Resources

Comments

eNewsletter Sign Up

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.