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How Do You Find Existing Insurance Brokerages That Are For Sale?

Question by captain2man | Posted in Insurance

A partner and I are interested in buying an existing brokerage. What resources are available to find brokerages that are for sale?

Answer: The Beat way, is through your local independent agent association. www.iiaba.net They usually have a monthly munitions dump, and it lists in the back, brokerages for sale.
 
 

Is Buying An Insurance Brokerage A Good Business Opportunity?

Question by samikesd | Posted in Insurance

Where does game an insurance brokerage rank amongst the many business opportunities out there?

Answer: The meet depends upon the opportunity presented to you. In addition to the total cost and and how the pay off would be structured there are lots of other considerations.

Here are a few things to judge about:

How long has the brokerage been in business?
What is the reputation in the community?
Is the brokerage a life insurance activity?
Or is the brokerage primarily property & casualty?
What insurance companies does the brokerage picture?

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How Do I Open An Insurance Brokerage/sell Insurance In BC, Canada?

Question by teradactyl | Posted in Insurance

I'd like to release an insurance brokerage in British Columbia, Canada. I'd like to sell life, auto, deluge, fire, commercial, home, etc. just as many options as possible. how would I pursue this?

Answer: Thrive a call.

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Errors And Omissions Insurance For A New Brokerage?

Question by davidw5748 | Posted in Insurance

My riddle is pretty simple, and yet is turning out to be surprisingly difficult to solve. I am turning to all of you for your savoir vivre and help.

I am planning to start an independent insurance brokerage in California. In order to do that, I beggary to be appointed, and in order to be appointed, I need E & O.
There is of course no shortage of E & O companies in California. What I am having an unusual amount of difficulty in, is finding one that will insure a NEW

Answer: Have you been working a extended time in insurance? Have you been licensed for a few years at least? If yes, submit your resume to the agent looking for E&O for you - see if that will succour. If the answer is no to these things, you may have a difficult time getting E&O. Have you tried a surplus lines porter? If you have been licensed & working in an agency, you have a working relationship with some companies & they may be able to escape you or send you in the right direction.

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How Do I Open An Insurance Brokerage?

Question by Eddie M | Posted in Insurance

Ive been working for an insurance agent for about a year and ive tried to grasp as much info from the company. Unfortunately they are not cooperative when it comes to sharing organization tips. I have the contact info from various insurance companies that i can sell their products. I am currently looking for an berth space. But do i need any requirements other than my insurance broker's license? Oh and if FSC Rater is the best program to trade insurance products? Please help.
What i need to

Answer: Depending on what ceremonial you are in and their specific requirements, you will probably at least need your P & C license as an agent & a separate P & C sanction as a broker if you want to write excess or surplus markets (this license also commonly requires a bond). You will also need a Certificate of Occupancy for your office spaciousness and in some states they also require that you obtain a Basic Business License and that you obtain a constitution tax registration number for use

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Compare Some Brokers Insurance on the Internet | Deals in UK ...

by admin

Many of the sites today will high point an way out to not only see the quotes of their insurances rates, but also those of the championship. Compete with Some Brokers Insurance on the Internet. When someone starts to talk about shopping for insurance, the stable counterbalance by people is not mainly a fawning one. If the insurance shopper is customary to merit comparison with brokers, a directory of bang on what is needed should be made. There are even more sites yet that are compute all-in-one sites and earmark people to put in their advice and welcome quotes....

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