3 example reasons to sell a minority stake…
Accelerate growth
Accelerate organic growth and/or support future acquisitions.
Adding capital into your insurance brokerage can really help facilitate growth ambitions. This could be a re-structure, a new branch, boosting organic growth or carefully selected acquisitions of local brokers. Or a combination.
Learn More
Buy Out Shareholder
There are many reasons why a business may want to buy out an existing shareholder. A shareholder may be approaching retirement age and quite rightly wants the equity release for retirement.
Learn More
Succession Planning
A sole owner, or majority shareholder, of an insurance brokerage maybe planning retirement in the next 2-5 years and taking a minority investment could help facilitate retirement and succession planning.
Learn MoreAtaraxia can also assist insurance brokers with the following:
Strategic Planning
Allow Ataraxia to assist you in producing a 5-year plan for your insurance brokerage. Our experts have done this for our current investments, giving a clear direction for future growth.
Marketing
Ataraxia has an in-house marketing consultant with 15 years’ experience in assisting insurance brokers with their digital and print marketing strategy and communications. This includes New Business and Renewal marketing support.
Compliance
FCA and other factors such as GDPR have made compliance within a modern-day insurance broker more challenging and time consuming as ever. Allow us to share best practice and support you.
Market Forecasts and Data
We can source and compile market data, in line with your chosen target markets. Allowing you visibility and market intelligence in your core market and any niche markets of interest.
New Branches
We have assisted brokers expand their reach into new geographic areas. Sometimes a key insurance account executive becomes available to hire who lives/operates in a different location to your business, this is an ideal opportunity to grow your market share and book.
Budget and Accounting
Support for forecasts, SOTO’s, budgets, targets, revenue, and profitability.
Acquisitions and Due Diligence
This includes identifying or introducing potential acquisitions, assisting in valuations, and support in due diligence.
Talent Sourcing
Ataraxia are well connected in the insurance industry and know a lot of people, so we can help you find key personnel for your business. This could be front line Insurance Advisors or Commercial Account Managers or back-office roles in accounts or compliance for example.
Fund Raising
If you are planning acquisitions and need further borrowings, Ataraxia can introduce lenders who have both the appetite and understand the intricacies of buying insurance brokers.