Independent Insurance Agency Sales Alerts – October 2013 Special Edition

Welcome to a Special Edition of the Springtree Group Independent Agent and Broker Sales Alerts. Springtree Group (STG) works with financial institutions that find themselves in a receivership position with Agencies and Brokerage firms. These relationship includes the FDIC in situations in which a bank in receivership owns an insurance operation. We were advised that the agency below was up for bid a couple weeks ago, but because of the short bid notice we declined to openly distribute. However, on October 15th, the FDIC reported that they would allow STG to communicate to our clients that they are providing an additional two weeks for you to declare your interest.