https://completemarkets.com/Article/article-post/2009/SELLING-YOUR-AGENCY-ASSET-vs-STOCK-SALE/
...transfer tax”). Even “private placement” stock sales are considered the sale of a security subject to SEC anti-fraud rules. Thi...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/21/Protect-Private-Information-From-Outsiders-%E2%80%94-And-Insiders/
... have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Protect Private Information From Outsiders — And Insiders!6/3 /2013 12:00:00 AM by CompleteMarkets Editor , Steve Anderson This content has not been rated yet. Steve Anderson presents three recent events that demonstrate clearly that protecting the privacy of client information involves ... , a provider of identification and credential verification services for businesses and the government, provided individuals posing as legitimate businesspeople with access to their database. These individuals then set up about 50 fraudulent accounts through which they could view consumer data, including names, addresses, Social Security numbers, and credit reports. CASE #2 Bank of America Corp. lost computer data tapes containing personal information on up to 1.2 million federal employees, including some members of the U.S. Senate. The lost data included Social Security numbers and account information, ... money when you use our directory of carriers, wholesalers and service providers. Negotiate lucrative contracts with carriers and wholesalers. Net result. More revenue for your agency! Clients & Prospects will research you, your co-workers and your agency here. The most comprehensive online insurance industry reference library for - Personal Lines Professionals Commercial Lines Professionals Life/Health & Benefits Professionals Online newsletters and content that you can use for your clients and social media efforts. Ability to attach leads and clients to your specific market searches, with e-mail alerts for all ...
https://completemarkets.com/Article/article-post/1817/CYBERSECURITY-OPPORTUNITIES-FOR-AGENTS/
...nternal office networks, external private networks, traditional public network...lizing in services to the insurance industry. It is located at 100 Crossways P...
https://completemarkets.com/Article/article-post/5/Find-Prospects-By-Using-The-Internet/
...lobal companies, both public and private, and more than 300 industries. With ...
https://completemarkets.com/Article/article-post/7/Find-Prospects-By-Using-The-Internet/
...global companies, both public and private, and more than 300 industries.
...
https://completemarkets.com/Article/article-post/674/The-Five-Ways-Agents-Get-Fired/
...ment bankers might either provide private placement capital or underwrite a pu...ts marketplace.
5. Lead Change. Our industry is changing more rapidly than eve...
https://completemarkets.com/Article/article-post/2621/Netiquette-The-Art-of-E-Mail-Etiquette-Part-3/
...ent: "There is no such thing as a private E-mail". I don't care what anybody s...atement: There is no such thing as a private E-mail. With that as a given, don...
https://completemarkets.com/Article/article-post/1480/SAMPLE-CODE-OF-ETHICS/
...company contacts to advance their private business or personal interests at th...
https://completemarkets.com/Article/article-post/21/Protect-Private-Information-From-Outsiders-%E2%80%94-And-Insiders/
Protect Private Information From Outsiders — And Ins...Because an insurance agency has more private information than many other types...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/502/Evaluate-Prospective-Buyers-For-Your-Agency/
... Include a provision in the contract that limits the buyer's ability to dilute the value of your stock. Consider a contract provision that stipulates convertibility; if the buyer's stock falls below a specific point, your shares will be converted to secured debt. If the buyer is privately held, require an annual valuation. Make certain that your stockholders agreement allows you to sue for negligent management. If the buyer's stock is privately held (which is usually the case), make sure that you agree with the methods used to value the stock ... by asking for warranties that no off-balance-sheet liabilities exist. After these adjustments, the buyer's balance sheet should have these minimum ratios: Collection ratio: 65 or less. Current ratio: 1-to-0 or greater. Days of working capital: 30 or more. To obtain more security, ask the buyer to warrant the truthfulness of their financials and sign any statements their attorneys or consultants deem appropriate. Q: "How can I keep my clients from being treated like second-class citizens after the sale?" A: Insert a clause in the ... quality buyer. A quality operation is more likely than a second-rate buyer to have stability, strong growth, and valuable stock. OTHER ISSUES I'm leery of selling to most consolidators (agencies and banks that buy lots of agencies) . Consolidators have poor histories in all industries, so I don't recommend selling your agency for their stock. If you're concerned about your employees, find out what the buyer will do with them before you close the deal. Consider getting the buyer's written commitment to keep employees if they're important to you and ...