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.
#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.
Jes Lipson, CEO of Levitate joins us to talk about the lost art of keeping in touch and how doing it the right way can spur higher sales and higher agency value.