A clear succession plan for your insurance brokerage

What we do?

We are a unique business that makes minority investments into insurance brokers and supports them in their succession ambitions. Many brokers are thinking about retirement and succession planning but aren’t ready to hand over the reins nor execute a complete sale of the business. However, for a variety of different reasons, you may wish to sell part of your business which ensures you release some equity for you to use TODAY and not several years down the line – whilst remaining in full control of the business and with the promise of more equity to follow when the total sale occurs.

These investments are always minority investments, allowing insurance brokers full control of their business as before. Investments are typically between 20-49%

Future succession planning is also one of our niche specialisms that you may wish to explore with us.

Supporting your succession planning via a minority investment in your insurance brokerage

The Broker Investment Group are keen to invest in insurance brokerages that wish to sell a minority share. This may be retirement planning or buying out an existing shareholder.

The ultimate goal being to continue growing your brokerage year-on-year until you are ready for the final sale/exit of your brokerage and to maximise the business value. Selling a minority stake in your insurance brokerage doesn’t necessarily mean you don’t have continued growth ambitions. In our experience, this is far from the case, you still have the fire in your belly that helped you grow your business in the first place! However, circumstances - or perhaps the wish for a slightly more relaxed lifestyle - make a partial sale attractive for many owners of insurance brokers.

The Broker Investment Group can help share the burden with you, perhaps allowing you to work fewer hours per week or assisting with onerous, time-heavy tasks such as FCA and compliance issues. Or perhaps access to some of our key insurers and bespoke schemes is attractive?

The key point is that you as shareholders remain in complete control, whilst enabling you to de-risk by releasing some equity and perhaps start a succession plan. This may involve a gradual handover to trusted members of your current team.

The Broker Investment Group have no ambitions to run insurance brokers...

simply to work closely and in partnership with insurance brokers that value some support.

We will simply add value with our “been there, done that” insurance market knowledge, contacts, and our own knowledgeable yet friendly team.

What really makes us different is that we are honest, transparent and - dare we say it - likeable!

We totally understand that selling shares in your business, even as a minority, is a big step and it is important that we work well together, and you are happy with your decision post-sale. Getting on together will be key – we are reliably informed that we are great to work with! – and welcome as many “getting to know you” meetings as you’d like.

If mutually agreeable, we can then move forward with some more concrete discussions about future strategy and any potential investment/equity purchase.

Of course, you are welcome to speak with the business owners of insurance brokers we have invested in, and worked with since investment, to hear direct from the owners of other businesses about their experience to date.

Our access to insurer schemes, niche markets, enhanced commissions, marketing support, and compliance advice ensures we can work closely with you to increase both your new business wins and renewal retention percentage.