The modern consumer has no patience for companies that will not adapt to the digital commerce changes within the insurance industry. As a direct consequence, insurers must make the leap from legacy methodology to insurtech capabilities. The power struggle between…
The longstanding, well-known insurance business prototype is rapidly changing. The insurtech business model is the future (and even the present) of the insurance industry. By adopting an array of electronic innovations, most insurance companies have been able to keep pace…
In 2021, insurtech has continued to affect the market landscape of insurance, with both large corporate entities and small agencies alike incorporating applied technologies at an accelerated rate. By surveying worldwide insurance trends, we can extrapolate the effects we’re likely…
A business that is not evolving is falling behind the competition. You’re reading this article because you are a leader who has a vision for your independent insurance team, or wish to sell your insurance agency, and want to implement…
If you are one of the many private insurance agency owners who plans to sell as part of your retirement plan, it is essential that you successfully time the sale of your insurance agency. Your long-term comfort and security will…
When you decide to purchase an existing business, it’s important that you narrow your acquisition targets to two or three sectors. By being selective about the markets that are ideal for your skills and interests, you can quickly target…
The Springtree Group team has done a lot of reflection on the most common reasons insurance M&A transactions fail. Today, we’ll share what we consider to be the top 5 reasons for failed M&A events in the hopes that our…
In the private insurance mergers and acquisition market, some sellers elect not to work with an advisor. This decision, made at a crucial moment in the financial trajectory of the seller, is almost guaranteed to leave them comparatively poorer….
Are you wondering if you should sell your independent insurance agency in 2021? Under the new administration and ongoing economic strain from the COVID-19 pandemic, you likely have many factors to balance as you make your decision. Here are the…
In 2021, Springtree Group’s clients have a once-in-a-lifetime opportunity to benefit from the limited-time highly enhanced SBA loan programs. Designed to boost the economy during the pandemic, the 2021 Economic Aid Act has given Springtree Group added power to financially…