๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ฌ ๐ข๐ง ๐‘๐ข๐ฌ๐ค: ๐„๐Ÿ’๐Ÿ”๐Ÿ“ – ๐€ ๐Œ๐š๐ซ๐ค๐ž๐ญ๐ฉ๐ฅ๐š๐œ๐ž ๐จ๐Ÿ ๐ˆ๐ง๐ฌ๐ฎ๐ซ๐š๐ง๐œ๐ž ๐€๐ ๐ž๐ง๐œ๐ข๐ž๐ฌ; ๐‡๐จ๐ฐ ๐“๐จ ๐๐ฎ๐ฒ ๐Ž๐ซ ๐’๐ž๐ฅ๐ฅ ๐˜๐จ๐ฎ๐ซ ๐๐จ๐จ๐ค ๐จ๐Ÿ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ (๐ข๐ง ๐ฐ๐ก๐จ๐ฅ๐ž ๐จ๐ซ ๐Ÿ๐ซ๐š๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ๐ฅ๐ฒ) – ๐‚๐š๐ค๐ž ๐‚๐„๐Ž ๐€๐๐š๐ฆ ๐๐จ๐ฐ๐ž

The purchase and sale of insurance agencies and brokerages has transacted for decades (with private equity aggressively participating in this in recent years). The process is complex with a lot of due diligence.

In this episode, Tony chats with Adam Bowe, Founder at Cake. Cake is a transactional marketplace for independent agencies to buy and sell books of business, not only full books of business but they can also transact in fractional books of business. This still is amazing and truly ๐Ÿคฏ! Maybe you can have your ๐ŸŽ‚ and eat it too!

Adam Bowe: https://www.linkedin.com/in/adambowe/
Cake: https://www.haveyourcake.com/

 

About Nick Lamparelli

Nick Lamparelli is a 20+ year veteran of the insurance wars. He has a unique vantage point on the insurance industry. From selling home & auto insurance, helping companies with commercial insurance, to being an underwriter with an excess & surplus lines wholesaler to catastrophe modeling Nick has wide experience in the industry. Over past 10 years, Nick has been focused on the insurance analytics of natural catastrophes and big data. Nick serves as our Chief Evangelist.

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