Perpetuation Planning

Now may be the time to take advantage of merger and acquisition opportunities with Stapleton Insurance

The insurance industry is full of agency owners who were drawn to the profession because they truly enjoy helping people protect their businesses, homes, families and futures. Their days are filled with getting to know their clients and building long-lasting, professional relationships. It is by doing what they love that they are able to build a strong agency that quickly grows in size and reputation.

Deciding when to merge or sell your insurance agency

If this describes you, then you know that growth also comes with challenges. Although you were once able to spend your days building relationships with clients, now managerial tasks fill the majority of your days. Instead of seeing first-hand the difference you make in the lives of your clients, you now work behind the scenes to ensure your employees have the tools and resources they need to better serve your clients.

Fortunately, perpetuation planning means that you have options. By partnering with an agency like Stapleton Insurance, you can have the best of both worlds. Not only can you get back to working one-on-one with clients, but you can also gain additional tools and resources that will allow you to better meet their needs.

Mergers and acquisitions can also give you peace of mind as you begin to look toward retirement. Having a plan in place today will ensure that your employees are secure in their jobs and have the resources to continue providing exceptional services to clients long after you retire from the business.

Factors to consider when choosing a partner

Although there are a lot of factors to consider when choosing a partner for merger or acquisition, the following are what most often rise to the top.

  • Culture – Choose a partner that shares a similar culture. This will help encourage growth and development of employees and create a positive, trusting environment.
  • Clients – Ask questions and do your homework to ensure that that your clients will continue to benefit from services that will meet or exceed their expectations.
  • Employees – You worked hard to build an agency with employees who are empowered, valued and supported in their careers. This should continue even after a merger or acquisition

Benefits of merging with Stapleton Insurance

For over 95 years, Stapleton Insurance has served as a local, family-owned business that is committed to the individuals, businesses and communities we serve. Our trusted advisors have been a part of many successful mergers, and are dedicated to providing the latest resources and knowledge to all of our clients and partners in the industry.

When you chose to partner with Stapleton Insurance, you benefit from an agency that was founded on the belief that our greatest strength is in our people. Our family-oriented culture is an asset that we have fiercely protected over the years. It is that culture that has helped us build a reputation for integrity and professionalism with our clients and our employees.

Learn more about joining the Stapleton family

At Stapleton, we understand the difficulty of deciding to merge or sell your agency. There is a lot of uncertainty involved in the decision-making process. If you are interested in learning more about Stapleton Insurance and how a merger would benefit your clients and employees, we encourage you to look at our prior acquisitions and talk with prior agency owners who are now a part of the Stapleton family.

You can also contact Byrne Stapleton to learn more about Stapleton Insurance.