You’ve built a successful insurance agency from the ground up. You’ve invested time, money, and energy into your business—and maybe even blood, sweat and tears. And now it’s time to think about perpetuation planning. What does the future of your business look like without you? Should you sell it? Should you turn it over to a family member? What if they’re not interested or are inexperienced? What if they run it into the ground? How do you know which approach is right for you?
It’s a tough topic to discuss and can be downright confusing. Maybe that’s why succession planning isn’t at the forefront of most business owners’ minds. But then the unthinkable happens and they’re forced to act quickly. Or the business experiences some changes and they need to explore their options. Whether you’re developing a succession plan in advance or need to consider urgent next steps, CoVerica can help.
We’re actively looking to purchase small- to medium-sized agencies or books of business in Texas and the surrounding states to merge into our highly successful organization.