Lucas Parris, CFA, ASA-BV/IA will participate in the webinar “Insurance Agency Valuation and Consolidation Trends,” sponsored by Business Valuation Resources. This webinar will take place on Thursday, July 11 from noon – 1:40 PM (Central) and is approved for 2 hours of CPE credit. To register, click here.
Insurance agency merger and acquisition activity has been at historic levels for the past several years. But not all insurance agencies are created equal. This session will address the current state of agency consolidation including industry trends, who’s buying and who’s selling, and potential changes on the horizon for insurance distribution.
In this session Lucas will:
- Describe how insurance agencies differ from other players in the insurance sector
- Restate the industry and market forces driving agency consolidation
- Discuss the application of valuation methods and their relation to industry rules of thumb
- Identify potential earnings adjustments and normalization techniques
- List key quantitative and qualitative drivers of agency value
Lucas leads Mercer Capital’s Insurance Industry Team, specializing in valuation and advisory services for insurance agencies, brokerages, underwriters, third-party administrators, and other industry service providers. These services include independent agency valuations for corporate transactions, agency perpetuation, buy-sell agreements, employee benefits plans, financial reporting, tax compliance, and buy or sell side consulting services.
Over the last 15 years, Lucas has valued and consulted with agencies across the industry spectrum, including property & casualty, employee benefits, life and health, MGAs/MGUs, and specialty lines. During his career at Mercer Capital, Lucas has been a frequent speaker and writer on industry and valuation-related topics.
For more information, contact Lucas Parris at 901.322.9784 or parrisl@mercercapital.com.
