PIIB Blog: Latest Industry News & Insights

Should I Join a Cluster or Not?

Whether you’re a producer at an independent agency or a captive/exclusive agency owner considering starting your own independent agency, you’ll without question be faced with the decision of starting completely independent or partnering with a network/cluster.  This article is aimed to identify reasons why you should carefully evaluate both options to determine what is best for you and your future independent agency.

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2020 COVID-19 Agency Value

The changes to our way of life have substantially changed (at least temporarily) due to Covid-19. But how does that affect agency value and your plans to buy or sell an agency? While the insurance industry is relatively recession proof, Covid-19 can and will have an impact on insurance industry M&A in addition to how we currently run our agencies.

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