Search
 
Q&A

Used productively, debt can help an agency grow

Q&A: InsurBanc’s David Tralka talks about the smart ways agencies can use credit.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
For agencies that want to grow, using debt can make a lot of sense, says Tralka. For agencies that want to grow, using debt can make a lot of sense, says Tralka.

NU PC360 recently talked to David Tralka, president and CEO of InsurBanc, about productive ways agencies can use debt. An expert on agency perpetuation and financing, Tralka often speaks and writes about how agencies can increase the value of their firm. InsurBanc is a division of Connecticut Community Bank, N.A., and provides financial products and services tailored to the independent agency community. 

NU PC360: Are there times when it makes sense for an agency to borrow money?

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • 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?

propertycasualty360

 

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.