I was recently asked about trends in the insurance agency marketplace; I thought for a minute since doing deals is so different from agency to agency, about some common scenarios we’ve been seeing. And it hit me: There are always new buyers Trends that I see are...
When it comes to helping a client sell their insurance agency, it’s crucial to reflect on our recent transactions to derive valuable insights and learning opportunities. The past quarter has been eventful, with significant transactions showing us the dynamic...
I have been evaluating why some of the deals we have done go smoothly, and others seemed to have many twists and turns. And I’ve determined: It comes down to TRUST. Trust is the most crucial factor in getting a deal from beginning to end. So what am I speaking...
In today’s post, we discuss the 4th of July events and explain how your insurance agency can retain its significance even when it is being sold. This week we celebrate the 4th of July in style throughout the country. While some people opt for a quiet family...
It has finally happened. The interest rates have caused a slowdown for many buyers in the insurance agency market. Most of the buyers are using leverage to purchase these agencies. I am sure most buyers saw this coming and secured their borrowing for future...
As we move into 2023, Sukay & Associates understands the ebbs and flows of the insurance agency world. Typically, the insurance business usually takes a positive turn for agency owners at this time, with big renewals done and vacations scheduled out on the...
