Professional Independent Insurance Agents of Colorado (PIIAC) has distributed $1,000,000 in market access profit sharing to PIIAC agency members who access markets through PIIAC and ASC (Agents Service Corporation).
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Great Changes are Here – Is Your Agency Prepared?
by Carey Wallace | Sep 6, 2022 | PIIAC Bulletin
There are a million names for the unprecedented trend we are experiencing in the current employment market
READ MOREInvesting in Your Agency’s People Can Lead to Big Returns
by Carey Wallace | Aug 3, 2022 | PIIAC Bulletin
An agency owner reached out several weeks ago and asked me to meet with him and the owner of an agency in his town that he was looking to purchase. They had been talking for several years. They had a handshake agreement that someday he will buy the agency when the time is right.
READ MOREPlanning for the Unexpected
by Carey Wallace | Jul 20, 2022 | PIIAC Bulletin
An agency owner reached out several weeks ago and asked me to meet with him and the owner of an agency in his town that he was looking to purchase. They had been talking for several years. They had a handshake agreement that someday he will buy the agency when the time is right.
READ MOREAre You Prepared for Rising Interest Rates?
by Matthew Sprang | Jul 12, 2022 | PIIAC Bulletin
Any banker who’s lived through a few business cycles will tell you it’s nearly impossible to predict interest rate movements. According to data from the Federal Reserve Bank of St. Louis, the prime rate has changed 348 times since 1955. Over that 67-year period, the prime rate has dipped as low as 3.25% and risen as high as 21.5%
READ MOREQuestions to Consider When Buying an Agency – Part 2
by Carey Wallace | Jul 6, 2022 | PIIAC Bulletin
In part one of this article, we discussed how analyzing your alignment with an agency is a great way to begin considering an agency acquisition’s potential. Now we’ll look at additional factors, including how well the culture of your agency fits with the potential acquisition and some indicators of future success.
READ MOREQuestions to Consider When Buying an Agency – Part 1
by Carey Wallace | Jun 22, 2022 | PIIAC Bulletin
The best place to start in evaluating a potential acquisition is with you and your own agency. If you are clear on what you are looking for in an acquisition the process of evaluating opportunities becomes much more efficient and effective.
READ MORE2022 Agency Growth Study
by PIIAC | Jun 17, 2022 | PIIAC Bulletin
Hiring the Next Generation of Independent Insurance Agents. The pandemic has driven major shifts in the way employees experience their workplaces and what they expect from their employers. At the same, Gen Z’s presence in the workforce continues to grow.
READ MOREOvercoming Workplace Politics
by Rebecca Freiberg | Jun 9, 2022 | PIIAC Bulletin
Workplace politics can be a delicate subject. Workplace politics is the manifestation of power dynamics amongst employees.
READ MOREIs It Time to Sell?
by Carey Wallace | Jun 8, 2022 | PIIAC Bulletin
Knowing when and if to sell your insurance agency is a difficult decision. As an insurance agency owner, often times your agency is a big part of who you are.
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