Let me start by saying that some of the best managed and most profitable brokerages in Canada are employee-owned. We believe that every succession planning process should, at the very least, consider this option. When talking about management buy-ins, a…
Read more →While we are always monitoring changes to financial issues related to the P&C insurance industry, we have long stopped trying to predict the future, especially in terms of the valuation of brokerages. Having said that, we are in the unique position to…
Read more →The market for property and casualty (P&C) brokerages continues to be intense. Books of business are attracting prices from 3.5x to 5.0x commissions – and even more for online business. So, are conditions right to start seeing more management buy-outs?…
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