The makers of AMS Agency Management Systems have a product called Producer Plus that your agency should consider using if you sell Commercial Insurance Policies. The program has a series of questions including many questions from supplemental applications built in. You can export the data to ACORD Apps with the click of a mouse and many carriers are able to upload the info into their rating software to generate immediate quotes for over 650 different types of business. Continue reading "Vertafore offers Producer Plus to Insurance Agencies that Sell Commercial Coverages"

Location:  Orange County, Ca.

Agency Description:

• Commercial Trucking Book primarily comprised of Carolina Casualty (Schuberg), Praetorian and Northland.
• Over 200Active Policies
• Commission revenue stable 2 Consecutive Years
• AMS 360 Agency Management System
• Cash Flow of $95,000 Annually
• Great referral sources for new business opportunities
• Book has not been cross sold other products. All clients have Trucking/Cargo Insurance only. Work Comp, GL and other lines of business can be sold to exisiting clients
• Key staff member will stay on staff with very reasonable salary.
• Agency not dependent on existing location, could be folded in to existing operation.
• Click here for a Non-Disclosure Agreement to receive additional information

Many Agencies that specialize in Personal Lines Insurance Coverage are trying to break into the Commercial Insurance Market. A few challenges when breaking into Commercial is learning all the coverage’s, forms, terminology, marketing to businesses and obtaining competitive carriers. Continue reading "Personal Lines Agencies that want to write Commercial Insurance should find a Niche"

With a New Year upon us, many insurance agency owners are hoping to sell their agencies this year. Regardless of the bad economy, Insurance Agencies are still in demand and there is no shortage of buyers. There are a few things to remember when selling your insurance agency but your number one priority is preparation. Continue reading "Selling your Commercial or Personal Insurance Agency"

Location: Ontario, California
Annual Revenue: $285,000 Commissions $110,000 Brokerage Fees Total Revenue$395,000Asking Price: $525,000

Continue reading "SOLD: Commercial Insurance Brokerage in San Bernardino County"

Buyers are looking for Commercial Books of all colors, shapes and sizes. From the basic BOP/Commercial Auto book to Contractors, Work Comp, Trucking, Agricultural, E&O, Manufacturing, and any other Commercial Line you can think of. Commercial agencies for sale with direct appointments or one that uses wholesalers are both highly desirable. Agency bill, premium finance or direct bill are all targets for buyers that contact us regularly. Continue reading "Selling your Commercial Insurance Agency"