2030 marks the year by which even the youngest Baby Boomers will turn 65. The mass retirement we’ll see over the next eight years has been cleverly dubbed the Silver Tsunami. Today we’ll analyze the effects this shift will have…
Springtree Group facilitates mergers & acquisitions for agency owners and those who are interested in buying an insurance agency. Our primary objective is to ensure successful, mutually beneficial transactions that leave both parties better equipped to achieve their career goals,…
Millennial-owned insurance agencies transitioned into virtual (remotely staffed) operations when the COVID-19 pandemic first hit the US in 2020. Since then, a study revealed that 50% of insurance agencies plan to continue this model, with few, if any, workers returning…
Like other types of business ownership, being an independent insurance agency owner is not for those who are seeking the easiest path. However, the benefits of working independently can far outweigh the challenges you’ll face. Springtree Group’s experience facilitating agency…
Selling your insurance agency is a complicated, multi-step process involving a number of participants. This is true even if you follow the most conservative expert advice and plan for your eventual sale five years in advance of your exit. So,…
Something we hear regularly is, “I’ve decided to sell my insurance agency: now what?” Springtree Group assists sellers in navigating each step of the M&A process, and we will connect you to qualified buyers who have received our in-house financial…
When the pandemic first fully gripped the globe in 2020, companies throughout the world made the switch to remote work—also dubbed working from home—to remain operational. Now that the tide is turning, there remains a push from both fiscally conscious…
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…