Author: American Association of Insurance Management Consultants
Insurance agencies have their own unique business attributes. For appraisal purposes, these attributes do not “fit the mold” that is used by the business appraisal community in general. Part of the reason for this is that the major asset owned by an insurance agency is an intangible one that is unique to insurance agencies. In few other businesses can the owner create a salable asset using simply “a pen and a promise”. This paper explains more.
Standards & Guidelines For Appraising Insurance Agencies / BrokeragesVisit AAIMCO’s website where the Standards can be also viewed and downloaded and where a list of consultants, experts and appraisers can be found.