Insurance Agency Valuations
Complimentary for those agencies who qualify
The Value of Your Insurance Agency
As Financial Advisors who represent insurance agencies and brokers in business transactions, one commonly asked question we get is
“How much is my agency worth?”
It is one topic that each and every agency owner wants to discuss. It would be nice if we had one simple answer. Unfortunately, there is no simple answer.
It is impossible to estimate the value of an insurance agency without performing a financial analysis. Earnings of an agency are the main influencing factor, however, there are 9 factors that we take into consideration.
As a firm, we believe in answering the question above is our responsibility and the foundation of a great working relationship – even if that is in the future. Because of this, we unlike most firms, offer free insurance agency valuations for those who qualify.
You can also contact us directly to discuss this process.
Request Your Agency Valuation
“A few years ago, I met with Sukay & Associates and they asked me about the agency and if we had considered selling. We said no because we still had a lot of energy and enthusiasm at that time and it just didn’t feel right. Then, earlier this year, the four of us got together and discussed selling. We called Sukay & Associates and met again with Tom Sukay. Tom was the clincher. When we spoke to him we could tell he had vast experience. From the first conversation, Tom put us at ease. We knew we’d made the right decision.
Tom and John Biasiello interviewed each of us and discussed what we wanted to get out of the business and why we had decided to sell. This helped us understand our own reasons better and let us explain it in our own way. When you decide to do this, you have your own reasons. It was really helpful to have the chance to discuss those reasons at the beginning.
Tom and John produced a marketing book that defined the value within the agency. That book was one of the things that impressed us the most. You can see Tom and John’s experience in that book and experience speaks volumes. They knew what we needed, they were able to identify everything, because you could tell they’d seen it before.”