List your insurance agency or search agencies for sale at NO COST as a complementary service from Oak Street Funding's Agency Exchange. We provide the marketplace where people look to buy an agency or sell an agency.
We have provided insurance agency loans in 46 states and have a large national network with agents and brokers of all sizes.
If you're a buyer, finding the right agency and then integrating it into an existing company can be challenging. And if you're selling, attracting the right buyer is critical. Take advantage of these and other resources that can help you buy or sell an agency.
Tax implications of buying and selling an agency >
How to prepare your agency for sales >
Deal origination: the art of locating the right deal >
5 Keys to buyer due diligence >
Making it through the M&A jungle >
Insurance agency owners are on the front lines of a hard market and are often called upon to provide solutions when the traditional markets are unable or unwilling.Owners who have gone through a hard market (or two) know business can be lost forever to alternative risk transfer providers. An agency captive, however, can be an ideal platform from which owners can provide additional capacity and coverage to their clients, which can lead to higher retention ratios and increased client loyalty.
Two recent milestones in my life made me realize just how fast time passes. I sent my oldest child off to his second year of college and I celebrated Oak Street Funding’s twelfth year in business. It seems like my son should still be in middle school and Oak Street just opened its doors with only a few employees. But he now walks the campus of my alma mater and Oak Street is very different from even three years ago in terms of size, sales and capabilities.
Over the years, I have spoken with hundreds of insurance agents interested in purchasing an agency. The size and backgrounds of these hopeful acquirers have run the gamut; insurance veterans ready to break into the world of ownership, well-established agencies looking to expand their footprint, and large firms who have completed several purchases. No matter the size or experience level, you can set yourself up for the best possibility of success by answering the following questions before stepping up to the plate to take a swing at buying an agency.
Get a loan to acquire an agency, grow your insurance business, invest in technology, pay off business debt, hire top producers or employees – without risking your customers or control of your business.
Have an insurance agency to sell? List it here for exposure to thousands of prospective buyers.
Search agencies for sale based on your specific criteria.
Sign up to receive email alerts when agencies in desired areas become available for sale.