https://completemarkets.com/Article/article-post/971/AVOIDING-ADVERSE-LEGAL-DECISIONS/
...void legal action. Lawsuits for wrongful termination, discrimination, defamat...gency and for changing roles of the partners in the organization will enhance ...
https://completemarkets.com/Article/article-post/578/Partnering-With-Carriers/
...s assume that the agency/carrier partnership is based on a mutual commitment, ...their goals and objectives. If such partnerships continue to elude our industr...
https://completemarkets.com/Article/article-post/2430/Mergers-What-To-Consider/
...ensive merger, but the strategies generally apply in all cases.
COMMON GROUND
... Defensive mergers bring together partners, at least one of whom has a major...
https://completemarkets.com/Article/article-post/2165/The-10-Biggest-Mistakes-In-Hiring/
...y Don Phin
Employee turnover, wrongful hiring, sexual harassment, violence...reviewed. Employees who engaged in wrongful conduct in their previous job nev...
https://completemarkets.com/Article/article-post/1528/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-TABLE-OF-CONTENTS/
... my expirations, protect against wrongful termination suits, etc.? See paragraphs 2.2.3-...
https://completemarkets.com/Article/article-post/948/EXTERNAL-GROWTH-WITH-SUCCESSFUL-ACQUISITIONS/
...ls of settlement upon possible termination of employment/agreement or sale of...ew of accounts receivable aging and general collection practices. ...
https://completemarkets.com/Article/article-post/577/Contingency-Commissions-A-Win-Win-Proposal/
...n October 2004, New York Attorney-General Elliott Spitzer attacked a few majo... also strengthen insurance company partnerships with their most successful ag...
https://completemarkets.com/Article/article-post/2443/The-Seven-Most-Deadly-Sins-Committed-By-Agency-Managers/
...; and the third is among the best general insurance technicians I know, but la... the agency determines the division. General administration, accounting, sales...
https://completemarkets.com/Article/article-post/348/Customer-Service-One-Bad-Apple/
... and insurance agency owner recently remarried. His wife is a very caring person who has spent years working with the elderly. Wanting to bring her into the agency, he felt that she had the innate qualities to make a perfect CSR and work partner. He was wrong on both counts. Although she was caring with customers, paperwork and attention to detail were definitely not her strong points. Also, as his wife, she felt that she had authority over employees who had been there for more than 20 years. She even ... . His staff was complaining, his clients were complaining, and his wife was complaining. He talked to friends and business associates, who all suggested that he fire his wife. He couldn't do it. He even went into therapy and the therapist suggested that he terminate his wife's employment. He couldn't do it. When his wife became adamant about replacing a valued employee with her daughter, he finally came to his senses. As difficult as it was to fire his wife, they now both agree that it was for the ... people searches you make. And much more! All Articles by Jack Burke Monetization type: None Comments (0 ) There are no comments posted. Search Articles/Libraries Select a Category All Benefits & Financial Services Commercial Lines Insurance Careers Communications Customer Service Financial/Accounting General Articles Human Resources Legal and E&O Letters (Customer Service) Letters (Sales) Life/Financial Services Management Marketing Marketing Agency of the Month Organizational Profiles Personal Lines Planning Questions & Answers Risk Management Selling Specialty Lines Technology Uncategorized Choose a Content Package All Member ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/948/EXTERNAL-GROWTH-WITH-SUCCESSFUL-ACQUISITIONS/
... management viewpoints, organizational structures, and personalities? Are there significant differences in ethnic, religious, or political backgrounds that might impact the retention rate? Pay close attention to initial reactions and gut instinct. If something doesn't seem quite right now, it will definitely turn wrong later on in the relationship. Assuming that the initial meetings go well, get down to determining whether the agency will meet your needs and, if so, how much this is worth to you. The checklist below presents a comprehensive list of the items that ... for which outstanding notes or agreements still exist. Review of buy/sell agreement or other internal perpetuation documents. Review of deferred compensation, non-compete, or other vesting agreements. Current ownership of expirations, brokerage arrangements, etc., including details of settlement upon possible termination of employment/agreement or sale of agency. Review of employment agreements. Who has them and what do they say? Average number of employees and revenues per employee and compensation per employee. Compare to industry averages. Biographies and impressions of key people (not ... your agency profitably the way it is, adding more volume will rarely solve the problems — it will just make them bigger. Although there are exceptions to every rule, a financially weak agency should not be in an acquisition mode. Even the best agency purchase will generally cost more money than it will make over the short term. Unless there's a cushion to fall back on, the demands of the acquisition on total agency cash flow can literally drag the whole operation under. To be a healthy buyer, your agency should have ...