Standards & Guidelines For Appraising Insurance Agencies / Brokerages
Insurance agencies have their own unique business attributes. For appraisal purposes, these attributes do not “fit the mold” that is used by the business appraisal community in general. Part of the reason for this is that the major asset owned by an insurance agency is an intangible one that is unique to insurance agencies. In few other businesses can the owner create a salable asset using simply “a pen and a promise”. This paper explains more.
written and sanctioned by AAIMCO
Author: American Association of Insurance Management Consultants Insurance agencies have their own unique business attributes. For appraisal purposes, these attributes do not “fit the mold” that is used by the business appraisal community in general. Part of the reason for this is that the major asset owned by an insurance agency is an intangible one that is unique to insurance agencies. In few other businesses can the owner create a salable asset using simply “a pen and a promise”. This paper explains more. Standards & Guidelines For Appraising Insurance Agencies / Brokerages |
