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Sell Your Book of Business
Want to Sell Your Health Insurance Book of Business?
An insurance book of business, at its core, is a list of all the clients your firm has ever worked with or for. It’s an extremely useful tool from a customer service standpoint, allowing brokers to better understand their clients, understand the services that they are able to provide for them, and make efficient sales decisions. By far, it's one of the most invaluable assets that your organization has and if the time has come to sell your book of business, the team at BIS Benefits is here to help.
Benefits to Selling Your Book of Business
Selling your book may also be more profitable than outright selling your business. It is often difficult, especially if your business is not exceptionally profitable, to sell your entire company and still make a profit. However, selling your book alone could be worth more than attempting to liquidate your entire business.
You may even be able to maintain an operational insurance firm, should you decide to sell only part of your book or enter a different line of insurance.
BIS is happy to sign non-competes for partners who choose to only sell portions of their book.
No deal is too small for us to consider. Whether your whole book, a portion or just a single block. We are the broker for you! Give us a call and we can answer any questions you may have.
Reasons To Sell Your Book of Business
Selling your book may also be more profitable than outright selling your business. It is often difficult, especially if your business is not exceptionally profitable, to sell your entire company and still make a profit. However, selling your book alone could be worth more than attempting to liquidate your entire business.
You may even be able to maintain an operational insurance firm, should you decide to sell only part of your book or enter a different line of insurance.
Why Timing is Important When Selling?
When it comes to selling your insurance book of business, timing is always something critically important to consider. You want to carefully examine the current market conditions, as a book is something you've worked hard to build, and you want to get the best price for it. Interest rates, buyer demand, and even the current profitability of potential buyers are all things you need to watch carefully.
Trust BIS Benefits with Your Book of Business!
BIS Benefits can help sell your insurance book of business in a way that avoids loss of income, can help you find the perfect partner to continue your legacy, and helps you understand all the options available to you so that you can make the best and most informed decision possible regarding your future.
To find out more information about selling an insurance book of business, or to speak to someone in more detail about what comes next, please don't delay contact BIS Benefits today!
Interested in Selling Your Book?
Contact Us for a Free Quote
Business Insurance, Group Plans, and Employee Benefits? We're here to help! Our team is friendly, knowledgeable - and ready to answer your questions or put together a custom quote for your exact requirements. Contact us today!
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