Is there ever a right time to sell your insurance business?

insurancebusinessmag | May 31, 2019

Its easy to lose the human element within the world of mergers and acquisitions. Many of our competitors are hard line consolidators buying with nosebleed-inducing multiples. These multiples are so high, in fact, that by definition the consolidator is forced to make a drastic impact on the business they are acquiring in order to leverage enough revenue to support the deal.As a business owner, especially an SME, that notion can be terrifying. I understand this on a personal level because I have lived and breathed this whole process as a broker myself. For you, each number isnt just a number - it means something tangible, emotional and personal. Your GWP includes that astounding success your top salesperson landed last month. Your costs include your infamous staff Christmas party. Your profits drive the bonuses you’re able to reward your employees with at the end of the financial year. Its all inextricably linked to your people.

Spotlight

With Shrinking Margins and a Volatile Market, Payers Can Use Modern Core Technology as a Change Agent.

Spotlight

With Shrinking Margins and a Volatile Market, Payers Can Use Modern Core Technology as a Change Agent.

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INSURANCE TECHNOLOGY

Carvana and Root, Inc. Exclusively Partner to Develop Industry-First Integrated Auto Insurance Solutions for Carvana Customers

Carvana | August 12, 2021

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CORE INSURANCE

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Inszone Insurance Services | February 14, 2022

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