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?
There are a million names for the unprecedented trend we are experiencing in the current employment market
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Investing in Your Agency’s People Can Lead to Big Returns
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.
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Planning for the Unexpected
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.
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Are You Prepared for Rising Interest Rates?
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%
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Questions to Consider When Buying an Agency – Part 2
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.
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Questions to Consider When Buying an Agency – Part 1
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
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.
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Overcoming Workplace Politics
Workplace politics can be a delicate subject. Workplace politics is the manifestation of power dynamics amongst employees.
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Is It Time to Sell?
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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