Revenue growth and profitability are the two key drivers of value for independent agencies and brokerages--and in 2008, both were difficult to come by.
At a conservative EBITDA (earnings before interest, taxes, depreciation and amortization) multiple of six, that means $1 of interest income equates to $6 of agency value--or, $1,000 of monthly
Direct Bill Dos & Don'tsFor Agency AccountingOne of the hot topics of insurance agency accounting and valuation right now is direct bill. As Hamlet ...