Dec 19, 2023 | Business Valuation, Insurance Agency, Insurance Brokers
Insurance agencies generally sell insurance policies as well as annuities. IBIS World notes that the insurance industry has seen healthy growth over the past several years. Moving forward, we can expect growth to remain steady as consumer disposable income increases....
Aug 26, 2023 | Business Valuation, Insurance Agency, Insurance Brokers, Valuation Multiples
Insurance brokerages sell insurance policies and annuities to businesses, individuals, and governments. This industry plays an important role for these entities as insurance protects their assets. As such, there is a high demand for insurance brokerages. According to...
Aug 15, 2023 | Business Valuation, Insurance Agency, Insurance Brokers
Insurance brokerages play an important role in the United State’s economy. These businesses sell insurance policies and annuities to businesses, individuals, and the government. According to IBIS World, there are over 410,000 insurance brokerages in the United States....
May 9, 2023 | Business Appraisal, Insurance Agency, Insurance Brokers, Value Drivers
In our volatile world, having insurance is crucial. Insurance provides financial protection against unexpected events like car accidents and earthquakes. As such, there is a steady demand for the insurance brokerage industry. Insurance brokerages help consumers find...
Feb 12, 2019 | Business Valuation, Insurance Brokers
When valuing an insurance broker, a business appraiser considers the following information. Insurance is understood by many as a must-have. However, the process of acquiring insurance can sometimes be difficult. The process of acquiring insurance has been simplified...
