https://completemarkets.com/Article/article-post/481/How-To-Pass-The-Reins/
...rom developing and implementing a transition plan for shifting management resp... Developing an honest, workable transition plan well in advance of the pr...
https://completemarkets.com/Article/article-post/235/E-O-Claims-Training-Remediation-After-The-Error-Or-Omission/
...ng with system files, you need to transition to system files only. That's an a...
https://completemarkets.com/Article/article-post/1641/TRANSITION-FROM-THE-P-C-TO-THE-LIFE-SALE-MODULE-IV-C/
Transition From The P/C To The Life Sale: Module Iv-C
TRANSITION FROM THE P/C TO THE LIFE SALE: MO... P/C transactions. You can use this transitional language whether you're making a transition from the P/C sale to a two-cal...
https://completemarkets.com/Article/article-post/574/Perpetuation-Planning-Why-How/
...al event in our lives, a business transition is easiest to accomplish when yo...he five years before you retire (or transition ownership even if you’re not r...
https://completemarkets.com/Article/article-post/924/VEHICLE-SAFETY-PART-3/
...ons, which include airlines, mass transit, motor carriers, pipelines, and rail...
https://completemarkets.com/Article/article-post/1007/MANAGING-TRANSFERRING-AND-ACQUIRING-FAMILY-INSURANCE-AGENCIES/
...issue because business and family transitions intersect. Successful succession...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/481/How-To-Pass-The-Reins/
... Hortel's agency increasingly is being played out in small, mid-sized and large agencies across the country. It's partly a matter of personalities, partly the absence of real planning. Classic entrepreneurs like Hortel are hard-working risk-takers who make decisions easily and have little patience with the snail's pace at which others choose to make decisions. The same qualities that make such entrepreneurial agents successful keep them from developing and implementing a transition plan for shifting management responsibilities when they retire. During his pre-retirement years, Hortel had carefully arranged to have stock transferred, but he had failed to transfer responsibility and authority for running the firm. He had failed to relinquish control of his former responsibilities and discouraged the team from participating in growth and profitability planning for the agency. Finally, he gave them no feedback or constructive criticism, so ... the time came for them to run the firm, they were unsure of their roles and unskilled at managing. Hortel's decisiveness left everyone dependent upon him to make decisions. His impatience at meetings meant they were rarely held, and managers had little chance to participate in the management process. Because Hortel wanted everyone to be happy, he seldom confronted employees, so conflict was rarely resolved. The agency worked fine with a strong entrepreneur, but fell apart with managers who had never learned to do all the things that came naturally to him. Most transitions don't have to be this painful. To maintain a healthy and profitable organization through the transition, it is important that you address four key elements: planning for the transition, delegating authority to key managers, creating a good communication climate, and ...
https://completemarkets.com/Article/article-post/1056/AGENCY-OWNERSHIP-CHANGES-CALL-FOR-EXTRA-CUSTOMER-TLC/
... by Emily Huling During times of transition, customers have special needs. Em...s. Many agencies are in a state of transition today through mergers and acqu...
https://completemarkets.com/Article/article-post/1831/BE-AWARE-AVOID-DANGER-ON-PUBLIC-TRANSPORTATION/
...icials from the Washington, D.C., transit system went to New York on July 28 t... of the individual, and then contact transit authorities or police as soon as possible a...
https://completemarkets.com/Article/article-post/2023/HOW-TO-BUY-SELL-MERGE-OR-PERPETUATE-AN-AGENCY-INTRODUCTION-%E2%80%93-PART-IV/
...s on the unique aspects of agency transitions. The principals on both sides n..., ChFC, is president of the Business Transition Network (Arlington, WA), a fir...