After more than 30 years in this business, there are a few patterns I’ve seen play out time and time again. One of the biggest? Agency owners leaving money on the table—sometimes 15% to 25% of the value they spent a career building. How does it happen? Easy. A buyer...
Reflections on Relationships, Determination, and Unexpected Inspiration Things had been steady, but I found myself in a bit of a lull—not in work, but in energy. I had just ome off a near-miss on an opportunity I was excited about, and I was looking for a reset. Not a...
In the realm of business and personal endeavors, the distinction between being merely involved and being truly committed can significantly impact outcomes. This concept is aptly illustrated by the business fable of “The Chicken and the Pig”. Making a Bacon...
Selling an insurance agency is a major decision that requires careful planning, strategic thinking, and the right approach. To maximize your agency’s value and ensure a smooth transition, follow these top strategies: 1. Continue Running and Growing Your Agency Many...
At Sukay & Associates, we have helped many insurance agency owners navigate the pivotal decision to sell. While every agency owner’s situation is different, there are patterns we have seen time and again. Based on that, we believe these are the top 5 reasons why...
The announcement of Arthur J. Gallagher’s $13.45 billion acquisition of AssuredPartners signals a transformative moment in the insurance brokerage industry. As John Biasiello noted earlier, this move marks the start of a consolidation wave among large...