2007 Best Practices Study
Agencies with Revenues under $1,250,000
 
   
 

 

PROFILE
(of Agencies in this Study Group)
G. Parent Corporation
  Average
Agency is Owned by Another Corporation 0.0%
Description of Parent Corporation
Financial Institution 0.0%
National Broker 0.0%
Other* 0.0%
H. Plans for Future Ownership of Agency
  Average
Sell to Employees/Family 61.1%
Sell to Third Party in 1 to 5 years 2.8%
Sell to Third Party in 6 to 10 years 11.1%
Sell to Third Party in 11+ years 8.3%
Merge with Privately-held Agency 5.6%
Uncertain at this Point 11.1%
 
     
  ©2007 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.