The BroadStreet℠ approach to investing in high-quality independent insurance agencies was recently featured by Insurance Business America (IBA) on its Hot 100 list.
IBA notes that “BroadStreet℠ connects the best talent in the industry under a proprietary partnership model that addresses the reality of the industry’s demographics, while simultaneously responding to how entrepreneurs want to pass the torch to the next generation of agency leaders.”
We were pleased to see our co-ownership model highlighted. It remains a unique alternative to the full buy-out approach that others use and delivers benefits that no other company can match. Our partners remain owners, they remain operationally autonomous, they maintain their powerful local reputations, and they gain a stable partner to help them grow.
The model also demonstrates the strength of our agencies’ CEOs and the teams that they have built. We work with exceptional industry professionals who have the ability to generate organic revenue growth while simultaneously seeking out additional high-quality independent insurance agencies to tuck-in to their own operations.
Ours is a partnership that includes benefits for all stakeholders: from the agency leadership teams, agency service professionals and agency producers, to the insurance companies they represent and the customers that they ultimately serve.