Questions about Selling Your Book of Business?
We’ll walk you through it. It’s Easy, Fast, & Fair.
Would you like to sell your insurance book of business? You’ve come to the right place. My name is Jason Hansen. I am a family man first and the President of Financial Insurance Group second. I love both!
FIG is great because the people associated with us are as good as it gets! I look forward to visiting with you about your interest in insurance, selling your agency, or partnering with FIG. Here’s a little more information on what partnering with us looks like and what it can do for you.
Sell Your P&C Book of Business
Whether you would like to retire, change industry, or spend your attention elsewhere; we buy books of business of all sizes and in all 50 states. Depending on the size of your agency and preference, we can pay in a large lump sum, provide the security of payments spread over the course of several years, or a combination of both. This process can happen as quickly as one week or as far out on the calendar as you would like.
Many owners selling their book of business are concerned with what will happen to their agency staff in a structured buyout. If this is a concern you have, we’re willing to enter into “a going concern buy”, meaning that we will take your agency as it is with everybody in place. We’ll take over your lease and other ongoing business related expenses. If you are a smaller agency or your staff are also moving on to other opportunities, we also do simple book buys. This is where we are just buying your book of business, not your existing location or infrastructure.
How much is selling your book of business worth? There are many things that go into the value of an agency, such as historical performance, projected earnings, business net worth, assets, and other factors. We look at the size of the book, the type of business written, errors and omissions, as well as the company’s sales history to help us work with you to determine a valuation that you are happy with.
What other questions do you have? Please feel free to send me a message or give me a call with your questions. I would love to talk to you about this opportunity.