Helping You Navigate the Sale of Your Independent Insurance Agency
If you are considering selling your independent insurance agency or book of business, it’s important to understand the process and the challenges involved. Maintaining confidentiality, accurately valuing your agency, and identifying the right buyer are key factors that can influence a smooth and successful transition.
Whether you’re preparing for retirement, ready to reduce daily responsibilities, or simply exploring your options, the process requires specialized knowledge and discretion. At MKL, we provide the expertise and experience needed to help agency owners across the United States confidentially sell their insurance agencies or books of business. Our goal is simple: to protect your relationships, maximize your agency’s value, and deliver a smooth, successful transition from start to finish.
1. Why should you keep the sale of your insurance agency confidential?
Confidentiality protects your ongoing business from the uncertainty that results when employees, producers, clients, your carriers and your competition know you are thinking of selling your insurance agency. When selling your insurance agency, they may all get nervous and do things that can cost you money or affect the sale price you are trying to achieve. It is critical that the sale of an ongoing Insurance Agency or Book of Business be kept confidential until the deal is binding.
2. How can you maximize the value of your agency or book of business?
Knowing how and where to market your business, knowing what to say and what not to say and keeping it confidential, can increase your chances of maximizing the sale price of your Insurance Agency or Book of Business. This is what we at MKL are known for, this is what we do when selling your insurance agency.
3. What are the risks of trying to sell your agency on your own?
Selling your insurance agency book of business by yourself has several pitfalls besides alerting the people in your circle of work that you are selling. Don’t be shortsighted and think you can save money by doing this yourself. This can negatively affect your business by tying up your time with prospects and perhaps giving away proprietary information that should remain confidential until a deal is in place.
4. Why should you work with a specialized insurance agency broker?
The best choice to make when thinking of selling your Insurance Agency or Book is to get help from someone who knows and understands the insurance business and has experience in successfully selling these businesses… someone who only sells Insurance Agencies and Books of Business. In other words… a true specialist.
When you’re ready to sell your insurance agency, the right partner can make all the difference. With MKL, you gain a trusted advisor who understands your business, respects your confidentiality, and is dedicated to achieving the best possible outcome. Contact us confidentially, today at (855) 343-5544 or complete our secure online form to schedule a confidential consultation. Let our team help you sell your insurance agency with confidence, clarity, and the results you deserve.
We specialize in selling your independent insurance agency, no matter what city or state your business is based in.
Please contact us to see if we can assist you or answer
any questions relating to selling your Insurance
Agency/Book of Business.
All contact is treated with strict Confidentiality.
Why Choose the MKL Team?
MKL specializes in selling independent Insurance Agencies and Books of Business throughout the USA and we do our best to provide our clients with a “seamless experience.” In addition to understanding the need for strict confidentiality, we help our clients maximize the value of their Agency/Book of Business and anticipate and address important issues that arise during the sales process when selling your insurance agency.
Mike Maiman has 30 years experience in brokering business sales, tallying more than $40MM in commercial transactions. He is an expert broker as well as a business developer – at one time he managed a series of companies that grossed $50MM in annual sales. A leader in sales, mergers, and acquisitions of business opportunities, Mr. Maiman has a California Real Estate Broker license and is also is licensed for Fire & Casualty and Life Insurance.
Mr. Maiman has a Bachelor of Arts degree from California State University of Los Angeles and was on the Board of Directors of Jewish Big Brothers of Los Angeles for five years. He excels in solving the problems that most Independent Agents and Brokers face on a daily basis and his expertise is available to help you.