Agency Sale & Perpetuation

Sell your insurance agency with confidence

Discover how we will work with you to implement proven strategies designed to maximize sale value, create perpetuation plans, and preserve control so that you create a lasting legacy under your terms.

An older businessman looking out happily of his high rise office.
Hear it for yourself

We guide our clients to success

When looking to sell your book of business or your agency outright, a professional, pragmatic, and educational experience ensures that your best interests are in focus.

"Knowing what I know now...would I do it again? The answer is, unequivocally, yes."
James Jenkins
Founder at RiskWell

We give you control of your agency sale

You deserve a partner you can trust to help navigate the complex process of selling your insurance agency. With our expert guidance and personalized approach, we provide comprehensive support at every step, from valuation to negotiations and finalization, ensuring a smooth and successful transaction that meets your unique goals and objectives - all while placing you in full control of the big decisions.

Unique Models to Provide Control

We’re revolutionizing the insurance agency landscape with innovative sales models designed to keep you in control. From flexible 50/50 splits to adaptable partnership arrangements and outright purchases, we offer you the freedom to choose the ideal path for your agency’s future success, with the assurance that adjustments can be made as your needs evolve.

Maximizing Agency Sale Value

You should get the most you can for what you've worked so long to build. Our team of seasoned professionals utilizes strategic approaches and comprehensive market analysis to ensure you achieve the highest possible sale value for your agency, empowering you to make a smooth transition into the next chapter of your professional journey.

Perpetuation Plans

We understand the importance of preserving your agency's legacy. That's why we offer comprehensive services to help you create solid perpetuation plans to secure the future success of your agency, while preserving the trust and relationships you've built with your clients over the years.

Unprecedented Sales Models

We believe in empowering our clients by providing unique sales models that prioritize your control throughout the agency selling process. With our innovative approach, we ensure that you have the flexibility to make decisions that align with your vision and goals, while maintaining a strong focus on client relationships.

Flexible Partnership

Curious about partnering with us? Our flexible approach lets you experience what it’s like to work with CoVerica while staying fully involved in your operations. If, down the road, you feel the arrangement no longer aligns with your vision, we’ll work together to adjust or unwind as needed.

50/50 Split

Our trial period option allows for a seamless transition, where you can test the waters and ensure we are the right fit for your clients, staff, and overall agency culture.

Outright Purchase

If you're ready to hang up your boots, our option for outright purchase allows you to move forward to a well deserved break.

Two older businessmen in an office looking at documents on a portfolio.

Perpetuation Plans

Creating perpetuation plans goes beyond mere financial considerations. We provide comprehensive support to insurance agency owners in developing robust perpetuation plans that not only ensure a smooth transition but also maintain a continued sense of purpose, preserve your legacy, and pass on the agency to the next generation of leaders.

Preserving Your Legacy & Culture

Your agency's legacy and unique culture are valuable assets to be passed on to the next generation. Our perpetuation planning support focuses on identifying successors who share your vision, values, and commitment to maintaining the agency's culture, ensuring a seamless continuation of the legacy you've built. We work with you to establish comprehensive strategies that allow for a smooth transfer of relationships, knowledge, and agency-specific processes, preserving your legacy and ensuring client and employee retention during the transition.

Continued Purpose

Your agency is more than just a business; it represents years of hard work, passion, and dedication. Our perpetuation planning process involves exploring opportunities for you to stay involved in the industry, providing you with a continued sense of purpose and fulfillment. By identifying new roles or ventures that align with your expertise and interests, we ensure that your transition from agency owner to a new phase of your professional life maintains your self-worth and enables you to contribute to the industry in meaningful ways.

Maximize Agency Sale Value

In our experience of over 50 agency acquisitions, we have prioritized delivering the best price and overall experience when insurance agency owners choose to sell their agency to us. With our commitment to transparency, fairness, and personalized attention, we strive to create a seamless and rewarding selling process that not only maximizes financial gains but also ensures a positive transition for the agency owner.

A group of people celebrating a business deal with glasses of champagne.

Personalized and Supportive Experience

Selling your agency can be an emotional journey. Because of this, we strive to provide a positive and supportive experience for agency owners. Our team of professionals provides personalized attention and guidance, walking you through every step of the selling process, and addressing any concerns you may have. We promise a smooth and supportive transition, ensuring that you control the triggers of when you're ready to sell.

Competitive Pricing

We understand the significance of receiving a favorable price when selling your insurance agency. Through thorough market analysis and valuation expertise, we determine the true value of your agency, ensuring that our offer reflects its worth accurately. Our commitment to fair and competitive pricing means that you can trust us to provide the best possible financial outcome for your agency sale, delivering a deal that meets or exceeds your expectations.

A proven history of agency sale success

Our rich track record of facilitating successful sales of insurance agencies is backed by tangible proof and seasoned experience. Trust in our proven strategies and comprehensive support to help transform your business aspirations into success.

Our agency was a decent size as far as independent agencies go, roughly around $1,000,000 in revenue and we were primarily a service focused organization. We retained almost all our clients and would only lose accounts if the other agent had a more competitive market we didn’t have access to. However, we did not have much growth because we couldn’t afford to hire-on new producers/acquire other decent agencies. This being said, our revenue plateaued for a few years but after we were acquired, we grew our revenue to $1.46M in about 3 years. This was achieved mainly by being able to focus more on new business without the fear of losing clients causing us to miss contingencies/not be able to pay bonuses. Additionally, the support from a sales standpoint with CoVerica’s risk management team allowed us to actively go after much larger accounts we would never have thought we could get before. Prior to the acquisition our new business was mainly referrals from existing clients but now we confidently close accounts that are between $10,000-$100,000 in revenue (roughly $100,000-$1,000,000 in premium) and consistently write over $100,000 in new business revenue a year.

Dylan Patterson

Position, Company name

Take the next step in your agency sale and perpetuation

Explore our revolutionary models and expert guidance to help you maximize the sale value of your agency while ensuring you maintain a continued purpose. Contact us to help you achieve your goals through our comprehensive suite of services. Take the first step towards a bright future for you and your agency by partnering with us.