2007 Best Practices Study
Agencies with Revenues over $25,000,000
 
   
 

 

PROFILE
(of Agencies in this Study Group)
G. Parent Corporation
  Average
Agency is Owned by Another Corporation 20.0%
Description of Parent Corporation
Financial Institution 80.0%
National Broker 0.0%
Other* 20.0%
H. Plans for Future Ownership of Agency
  Average
Sell to Employees/Family 61.9%
Sell to Third Party in 1 to 5 years 0.0%
Sell to Third Party in 6 to 10 years 0.0%
Sell to Third Party in 11+ years 0.0%
Merge with Privately-held Agency 4.8%
Uncertain at this Point 33.3%
 
     
  ©2007 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.