(Photo: Niyazz/Adobe Stock)

Now that the election is over, it is time to analyze how the results will likely impact the independent agency system, specifically insurance agency values.

Since 2016, agency values have steadily risen over the past 8 years, regardless of who occupied the White House or controlled Congress. This time period largely paralleled the hard market, which has naturally created increases in premiums and revenue, thereby giving agency values an automatic increase in growth, one of the key factors in a valuation. As a result, IA Valuations’ data shows agency values have appreciated by over 40% since 2016.

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