ALEXANDRIA, Va., July 20, 2010 — The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) today announced that the Big “I” Virtual University will present a webinar on ”De-Mystifying Agency Valuation” Aug. 5, 2010 from 1:30 p.m. to 3 p.m. EST.
TITLE: “De-Mystifying Agency Valuation”
PRESENTERS: Al Diamond, Agency Consulting Group, Inc., president
Big “I” VU faculty
DATE: Thursday, Aug. 5, 2010
TIME: 1:30 - 3:00 p.m. EST
REGISTRATION: Click HERE or go to https://www1.gotomeeting.com/register/851494368
“This webinar will address how valuations are done and dismiss the ‘voodoo’ of multiples,” says Madelyn Flannagan, Big “I” vice president for education and research. “Al Diamond and the Big ‘I’ Virtual University faculty have dissected this important topic that often causes confusion in the independent agency system and prepared a webinar that will clarify many of the areas they are often asked to explain.”
The webinar will also address why different valuers (internal owners, perpetuators, merger candidates, buyers, banks) can (and will) establish different values for the same agency. Additionally, the presentation will show participants how to estimate their own agency’s value and how to maximize values or cast realistic values on other agencies as they apply to them.
“Programs, such as this webinar, are part of the Big ‘I’s’ continuing commitment to provide the information and best practices to agencies nationwide to not only assist them in their growth and perpetuation planning, but also increase the value of independent agency system to carriers and consumers,” says Robert A. Rusbuldt, Big “I” president & CEO. “Through programs like the Virtual University, the Diversity Program and InVEST, we continue to provide our members and partners with a variety of valuable tools and informational sources necessary to be successful and profitable.”
For more information about the Big “I” Virtual University go to http://www.iiaba.net/vu.
Founded in 1896, the Big “I” is the nation’s oldest and largest national association of independent insurance agents and brokers, representing a network of more than 300,000 agents, brokers and their employees nationally. Its members are businesses that offer customers a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance—property, casualty, life and health—as well as employee benefit plans and retirement products. Web address: www.independentagent.com.