Recent Happenings in the Insurance Industry (Part 1)
In today’s episode, George and Charlotte discuss some of the acquisitions that have happened in the last few weeks and what that means for independent insurance agents.
#020 – In today’s episode, George and Charlotte discuss some of the acquisitions that have happened in the last few weeks and what that means for independent insurance agents.
In 2020, agency merger and acquisitions were up a whopping 20%. And there’s been plenty of activity in other areas of the industry as well.
We dive into Applied Systems’ acquisition of EZLynx, Zywave’s acquisition of ITC, American Family’s acquisition of Bold Penguin, and Brown & Brown’s acquisition of CoverHound.
Indio Technologies was acquired last year by Applied. We interviewed Ken Wohl of Indio on Episode 3 of our podcast.
Also, we explore potential acquisitions for agency owners, including some industries you may not have thought of as potential targets.
Hosts & Guests
Outlook: Challenges and Opportunities Facing The Insurance Industry— Episode 39
George Robertson and Charlotte Hicks look at some of the main challenges facing agents this year and three ways to be successful in 2023.
Ron Berg: How ACT Helps Agencies Leverage Technology to Build Agency Value — Episode 38￼
#038 — Ron Berg, retiring director of the Agents Council for Technology (ACT) joins us to discuss how technology impacts customer satisfaction, the critical role of cyber security in agencies, and how insurtechs are helping agents serve their customers better.