Mergers & AcQuisitions Guide.
This risk management manual is offered as an exclusive Swiss Re Corporate Solutions policyholder benefit.
An informed Approach to Merging Agencies
“The Handbook for Preventing Errors & Omissions Claims in Insurance Agency Mergers & Acquisitions,” offers a step-by-step approach to mitigating errors associated with merging the operations of existing and acquired agencies.
Big “I” Virtual University and Big “I” Professional Liability developed this manual in response to significant E&O claims arising as a result of agency mergers and acquisitions. The guide covers:
- The opportunities and challenges of M&A
- Maximizing agency value by developing your employees
- Various step-by-step checklists, including the following
- Operations checklists
- Human resources checklists
- Staff evaluation checklists
- Staging for transition and training
- Checkpoints along the M&A path
- Employee training plans
- An E&O staff training manual
This strategic and unique handbook provides agencies that are in the acquisition process with a strong competitive advantage, either as a buyer or a seller.
Properly implemented, this manual offers detailed guidance for both M&A targets and agency acquirers to develop an M&A process that helps prevent employee flight and E&O claims.
This resource is available as a free download to Big “I” Professional Liability/Swiss Re Corporate Solutions policyholders. Other independent agents may purchase the guide here.
Questions? Email our E&O team.