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By Steve Hallo | February 26, 2021, at 12:00 AM “In 40 years of practice, I have never seen a period of time when changes have happened so quickly,” Ross said. “We have some catching up to do in terms of what this all really means. But for insurance M&A it is accelerating these trends;…

Marc Greene from General Insurance Brokerage refers to Merrill Lynch Research and has some recommendations. If you have not spoken to your CPA or Tax Attorney, let me break down some of what is inside Biden’s proposal to hike taxes. Regarding the Capital Gains Tax, the administration will propose raising the federal long-term capital gains…

Now, we are once again in the midst of a record-breaking year for M&A. Investors completed nearly 44,000 deals during the first nine months of 2021, a new all-time high, according to preliminary data from Refinitiv. Those deals had a combined value of some $4.3 trillion, breaking the 14-year-old record that was set way back…

HOW WILL COVID-19 IMPACT YOUR INSURANCE AGENCY?  Marc Greene, Senior Managing Partner at General Insurance Brokerage provided excellent insight for Tim Dodge’s Article at AgencyEquity.com. Tim Dodge quotes Marc as follows: “Marc Greene of General Insurance Brokerage sees a stable M&A marketplace and a potentially favorable lending environment. He notes proposals in Congress to hike the U.S. Small Business Administration’s lending authority and waive…

How Young Agents can take Advantage of the Retirement Boom (by Marc Greene, Owner & Founder of General Insurance Brokerage)   How much experience should an agent have before starting or purchasing an agency? Why? Experience generally relates to success. The barriers to entry have changed over the last three years. Prior to 2018, a…

Selling an insurance agency is a different skill than building one. While many agency principals and executives have achieved terrific success building agencies, recruiting and mentoring agents and cementing relationships with clients, actually selling an agency is a time-consuming and detailed process with a required skill set all its own. There are issues that come…

When the members of the Fed sit down for their March conclave, they will likely conclude that they remain ahead of the curve on inflation and can take a pass on raising rates. They will prefer to squeeze additional gains from the labor market before acting again to tighten policy. And they will take note…

If you are thinking about selling your agency, let General Insurance Brokerage maximize the value of your agency and unlock the best possible price. Traditionally, insurance agencies have been sold using a multiple of trailing 12 months’ commission. At General Insurance Brokerage we take a true M&A approach to selling your agency. By using a…

General Insurance Brokerage, a leading M&A firm specializing in insurance agencies, opened a new office at 301 McCullough Dr. 4th Floor Charlotte, NC. Phone number is 704-909-2889.

March 2, 2016 – General Insurance Brokerage, a leading M&A firm specializing in insurance agencies, announced the negotiation of the sale of a large south Florida Independent Insurance Agency. General Insurance Brokerage was able to negotiate a premium of more than 3 times trailing 12 months’ commission instead of the norm of 2-2.5 time 12 months’…

Oct 05, 2015 – General Insurance Brokerage, a leading M&A firm specializing in insurance agencies, negotiated the successful sale of large property and casualty insurance agency in Dallas, Texas last month. The agency was purchased by a large independent insurance agency from outside the state, who were looking to establish a presence in Texas. The amount of the…

July 14, 2015 – General Insurance a leading M&A firm specializing in insurance agencies, closed another successful sale of a specialty insurance company. The company specialized in dealing with film studios and was a not a traditional property and casualty sale, as few of these companies come up for sale. The sale price was not…

March 1, 2015 – General Insurance Brokerage, a leading M&A firm specializing in insurance agencies, opened a new office at 8117 Preston Rd. Suite 300 Dallas, Texas. Phone number is 214-706-9066.

The current market for selling an insurance agency is the best it’s been in years. The U.S. economy appears to have finally put the recession behind it. Interest rates remain at historic lows. Businesses who want higher investment returns are looking for agencies to buy. Therefore, if you’re an agency owner interested in selling, this…

Buyers and sellers of insurance agencies see value differently. Sellers have usually spent a long period of time building the business and have an emotional attachment. Buyers of insurance agencies have no emotional attachment whatsoever and typically look strictly at the numbers. Understanding the dynamics of buyers and sellers goes a long way towards getting…

According to Wikipedia, EBITDA is a company’s earnings before interest, taxes, depreciation and amortization. This information is used to determine the profitability a company’s operations. So how can this indicator make or break the sale of an insurance agency? If your agency is profitable, diversified, managed at an optimal level, you shouldn’t have anything to…

…and how to achieve the max for your agency. Plan now for the sale of your agency. Implement these four elements to increase the value of your insurance agency: 1. Get your legal ducks in a row – All of your staff should sign a non-compete and a non-solicitation / piracy agreement. The minimum buyer…

…How the Human Element is Vital in Agency Acquisitions Usually, when people ask an agent or agency principal “what business are you in,” they answer, “I’m in the insurance business!” That’s only superficially correct. The real answer, I learned along the way is this: We’re in the people business! All of us! I strongly believe…