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2007 Best Practices Study | Agencies with Revenues Under $1,250,000 | Profile
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Executive
Perspectives
Profile
Agencies with Revenues Under $1,250,000
G. Parent Corporation
Average
Agency is Owned by Another Corporation
0.0%
Description of Parent Corporation
Financial Institution
0.0%
National Broker
0.0%
Other
0.0%
H. Plans for Future Ownership of Agency
Average
Sell to Employees/Family
61.1%
Sell to Third Party in 1 to 5 years
2.8%
Sell to Third Party in 6 to 10 years
11.1%
Sell to Third Party in 11+ years
8.3%
Merge with Privately-held Agency
5.6%
Uncertain at this Point
11.1%
“We are a Trusted Choice agency, and we live by that creed. Our reputation
is that you don’t want to mess with our integrity. We always play the
game fairly. We always do what we’re supposed to do and that’s what we
live by. I think it’s paid us big rewards over the years because we have a
very loyal client base!”