[CLBS] Insurance agent

[Jace Richards]

My client, Strategic & Operational Solutions, values businesses and manages business sales, including insurance agencies.  An insurance agency’s book of business can have resale value, which depends on several factors including size, product lines/types, commission schedules, etc.  I understand, though, that some insurance companies, themselves, own the book, and the agent has no equity in it (save, perhaps, for some nominal residuals; but no right, whatever, to sell or assign the book).  Some captive agencies are structured this way.


Jace A. Richards, Esq. | Principal
The Richards Firm
701 S. Allen St. | Ste<x-apple-data-detectors://0/0>. 101 | Meridian, ID 83642
jrichards at strategicsos.com<mailto:jrichards at strategicsos.com> |www.strategicsos.com<http://www.strategicsos.com/>
Ph: 208-562-4100<tel:208-562-4100> | Fax: 208-562-4110<tel:208-562-4110>

Licensed in Idaho | North Dakota | District of Columbia

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On Feb 26, 2015, at 1:25 PM, Patrick J. Geile <pgeile at foleyfreeman.com<mailto:pgeile at foleyfreeman.com>> wrote:

Any input on valuing an insurance agent's book of business?  It seems they are valued for loan purposes very high, but in reality they are non assignable?

Any trustee's out there ever tried teo sell one?

Patrick J. Geile
Foley Freeman PLLC
953 S. Industry Way, Meridian, Idaho 83642
P.O. Box 10
Meridian, Idaho 83642
Direct line: (208) 947-1563
Phone:  (208) 888-9111
Fax:  (208) 888-5130

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