Keeping Agency Ownership In-House Poses Unique Challenges Valuation, picking a worthy candidate, communication, execution are critical factors
The "2004 Best Practices Study" confirms what we continue to see with our privately-held clientsinternal perpetuation remains a strong preference for many. In fact, we are seeing more internal perpetuation planning today than we have seen in years.
Those agencies not gobbled up in the recent M&A frenzy remain committed to internal perpetuation and are planning today to ensure successful ownership transitions in the future at appropriate valuations. Assuming that you plan to transition ownership internally, lets briefly touch on the points that you should keep in mind to successfully accomplish this.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
