Insurance businesses

by a searcher from Dartmouth College

5 years ago

Has anyone considered buying a book of business from a retiring insurance agent? I'm interested to hear reactions to insurance as a target industry and the pros/ cons people would expect from acquiring and operating an agency that provides comprehensive coverage for families and businesses.

Thank you in advance for any thoughts

9 likes
217 views
4 comments

admin from Stanford University - Graduate School of Business

We also interviewed ^Searchfunder member‌ about his acquisition. Here's the link to Part I of his interview: https://www.searchfunder.com/article/viewarticle/1374. By the way, Ryan's interview is located at: https://www.searchfunder.com/article/viewarticle/38 and August's at https://www.searchfunder.com/article/viewarticle/39. Best of luck to you.

5 years ago | like reply | 0 likes

searcher from University of Southern California

what would multiples look like for this? i ask because there could be high level of key man risk with an agent's book of business if they do not have a full staff of people under to service the book

5 years ago | like reply | 0 likes

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