Thought Leadership

The Choices We Make Control the Uncertainty We Face

Article excerpt

We have a lot to consider in this election season.  Across the country, we are voting on a number of local, state and national issues.  Naturally, over the last few months, I have had several conversations about what this year’s…

Success Measured over Decades, not Investment Holding Periods

Article excerpt At BroadStreet℠ we are focused on long-term value creation for our Core agency partners. It is important to emphasize the distinction, “for our Core agency partners”, because the marketplace is crowded with large-scale consolidators focused on creating short-term value for…
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Differentiation (Still) Matters

Article excerpt For the last several years, as the consolidation wave has washed over the insurance brokerage industry, the staggering number of deals and rising valuation multiples have been the headline grabbers. Recently though, we’ve noticed a change in the tenor of…
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BroadStreet Partner Smith Brothers Featured at the Yale School of Management: Business Succession

Article excerpt Our partner in Connecticut, Smith Brothers, was recently featured as the subject of a case study at the Yale School of Management. Joe Smith, CEO of Smith Brothers in Glastonbury, Connecticut has built a reputation as a forward-thinking entrepreneur, and…
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Shepherd Insurance Discusses Decision to Partner with BroadStreet

Article excerpt Recently one of our Core partners sat down with MarshBerry CEO, John Wepler for a Q&A session to discuss perpetuation. The executive team at Shepherd Insurance, headquartered in Carmel, Indiana describes their rationale for choosing BroadStreet℠ as a partner.  They…
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It’s not an “Either / Or” Decision: Our Co-Owners Participate in the Upside of Agency Growth

Article excerpt BroadStreet's℠ unique co-ownership model continues to attract entrepreneurial and growth-minded agency owners who are looking for a partner to accelerate their growth. In the current environment, agency owners are regularly considering offers to sell their business and consolidate with another…
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We Don’t Own a Cookie Cutter…Great Partners Come in All Forms

Article excerpt At BroadStreet℠, we’re accustomed to being prepared, adapting and staying flexible. Our partners are great risk management professionals, and they’re also entrepreneurs.  The form and structure of our partners have been historically varied, but our bias has always been to…
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I Worry About Short Term-ism in Our Business

Article excerpt At BroadStreet℠, we partner with outstanding insurance agency entrepreneurs and build businesses together.  Our role is to help our Core agency partners grow, and provide them with resources that they wouldn’t otherwise be able to access.  Our goal is to…
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BroadStreet’s℠ Entrepreneurial Missionaries

Article excerpt At BroadStreet℠ we’ve always said that there’s a certain type of entrepreneur that fits the BroadStreet℠ model:  it’s the agency owner who is not done yet—not done building and growing and leading. I recently read a quote that described what…
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Partnerships Only Work When Both Partners Win

Article excerpt Recently I was asked to give some perspective on deal-making for a Columbus business magazine. The full article can be found here, at Smart Business Magazine. I think sometimes people view the process of deal-making and the negotiating of a…
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