X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The owner who is now enjoying the better retirement also enjoyed a higher income overall in the years before selling, than did the other owner. He accomplished both things because he ran his agency as a business in a very disciplined manner. (Credit: 1STunningART/Adobe Stock) The owner who is now enjoying a better retirement also enjoyed a higher income overall in the years before selling, than did the other owner. He accomplished both things because he ran his agency as a business in a very disciplined manner. (Credit: 1STunningART/Adobe Stock)

I recently spoke to two agency principals, who had signed letters of intent to sell their agencies.  The encounters reminded me of a famous line from Charles Dickens’ timeless novel “A Tale of Two Cities.”

Dickens wrote, “It was the best of times, it was the worst of times.” Here, I had met one agency owner, who was very excited about the future his nest egg would provide and another who was a bit bewildered and worried about his future.

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?

Dig Deeper

 

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.