The Current State Of The Insurance Industry

Help me compile data for an upcoming video content piece. I want to know how the current insurance marketplace has affected your industry outlook and future. All answers are anonymous.

Step 1 of 6

16%

With the current challenges facing agents today (carriers reducing commissions, strict underwriting, etc) Has the current insurance landscape caused you to consider selling your agency?(Required)

Yes - I'm frustrated and have thought about getting out

No - I plan on sticking it out

I was already planning on selling my agency in the next 2-3 years.

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When you consider selling your agency, what is the MOST important aspect of any potential deal?(Required)

Upfront cash "I care about the other things, but I want the highest payday"

Having the "right" partner - "I'd take less upfront if it was the best fit for my employees and clients"

Higher upside in the purchasing entity "I'd take less upfront if I could get equity in a larger company"

How involved would you prefer to be after a potential sale?(Required)

"I want completely out of the business"

"I'd like to stick around, just have less responsibilities/headaches"

How large is your agency today? (Premium)(Required)

Under $1M

$1M - $2M

$2M - $3M

$3M - $4M

$4M - $5M

$5M - $6M

$6M - $7M

$7M - $8M

$8M - $9M

$9M - $10M

Over $10M

We want to see if there are commonalities/trends between "smaller" agencies vs "larger agencies"

Your answers are anonymous, but if I need clarity, can I email you with a follow up question?(Required)

Yes

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