Selling the insurance brokerage in which you’ve put a lifetime of effort is no small step.
How do you know that you’ve got the right partner? The right price? The right place for your clients & staff?
Good news – the DIPP crew has done a bunch of legwork for you. Our M & A series covers some of the most important questions & brings you the answers, right from the source.
In this episode, you’ll hear the answers straight from Bruce Rabik, Rogers Insurance / CBN.
We asked Western Financial Group, Navacord, Rogers Insurance (CBN), AJ Gallagher, Westland, Brokerlink and HUB International the following questions:
Where did your firm come from and where are you going?
Why should a broker sell to you – what value do you bring?
What’s your target broker?
Does a broker with a strong digital presence get a valuation boost?
Do you want former owners to stick around?
Do you keep the original name?
What’s in it for the acquired employees?
What’s in it for carriers?
Who wins & who loses?
How do you value a brokerage?
What can a broker do to make their business worth more?
How do valuations compare between heavy CL brokers vs heavy PL brokers?
Does a ROFR diminish the value of a brokerage?
What is your firm’s end game?