Closed transaction · October 2017
The Jarrell Agency
MDR & Associates took The Jarrell Agency, a Medicare insurance agency, through to closing in October 2017.
The transaction
- ClosedOctober 2017
- SectorBusiness & consumer services
- TradeInsurance Agencies
- Represented byMDR & Associates
What decided the price
What buyers look at in an insurance agency
Retention
The percentage of policies that renew each year. It is the most important number in the sale, and buyers check it carrier by carrier.
The mix of business
Personal lines, commercial lines, and life and benefits are valued differently. Commercial accounts are larger, and also more concentrated.
Carrier appointments
Whether your contracts with carriers can pass to a buyer. With a captive agency, the carrier has to approve the buyer, and its rules shape the whole sale.
The full list, and who the buyers are: Selling an insurance agency in Texas.
The record
More insurance agencies we have sold
Your company
Talk to the firm that sold The Jarrell Agency
Four fields and a reply the same business day. Nothing you send is shared with anyone, and nothing reaches your employees, customers or competitors. If you would rather talk, call (855) 637-2776.
- A value range and what is driving it
- An honest answer about whether now is the time to sell
- No fee unless and until your company sells