To err is human, but botching your insurance agency start-up can be a personal, professional and financial disaster. When starting a new business, success is never guaranteed and many start-ups fail. So, how does a savvy independent agent avoid disaster?
Before I answer that question, I must emphasize that I'm assuming that the start-up agency has established access to insurance companies to write premium–without that, nothing else really matters.
Now the answer: Learn from the mistakes of others. Here, the five common mistakes many agency start-ups make.
Recommended For You
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
© 2025 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.