INSURICA’s appetite for retail agencies is broad in terms of size. We will consider agencies with as little as $750,000 in gross commission income and have the financial capability and desire to complete transactions with agencies as large as $50,000,000 in revenues.
We are interested in both property and casualty and employee benefits books of business. Agencies that are specialized in niche markets such as transportation or construction can be particularly attractive, especially if that niche can be exported to other members of INSURICA.
There is one qualification for joining INSURICA that cannot be overlooked. That factor is the availability of qualified management going forward. INSURICA is not in the “bailout” business and is not seeking agencies that have financial difficulties. Our Hands-Off Management Approach makes day-to-day oversight of troubled agencies a virtual impossibility, so operational excellence is paramount in our system.
INSURICA is also interested in attracting individual producers with existing books of business. The terms and conditions under which these books can be purchased vary greatly depending on the circumstances. INSURICA strives to be the place where producers want to work and can receive a competitive package for moving and growing their book.