--- title: "๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ฌ ๐ข๐ง ๐‘๐ข๐ฌ๐ค: ๐„๐Ÿ’๐Ÿ”๐Ÿ“ โ€“ 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) โ€“ ๐‚๐š๐ค๐ž ๐‚๐„๐Ž ๐€๐๐š๐ฆ ๐๐จ๐ฐ๐ž - InsNerds.com" description: 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 --- 2 min read # ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ฌ ๐ข๐ง ๐‘๐ข๐ฌ๐ค: ๐„๐Ÿ’๐Ÿ”๐Ÿ“ โ€“ 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 [![Picture of Nicholas Lamparelli](https://insnerds.com/hubfs/Nick%20Lamparelli(Headshot%20GS).jpg) Nicholas Lamparelli ](https://insnerds.com/insights/author/nicholas-lamparelli) : Sep 22, 2023 12:00:00 AM [Podcast](https://insnerds.com/insights/tag/podcast) [Agents & Brokers](https://insnerds.com/insights/tag/agents-brokers) [Video](https://insnerds.com/insights/tag/video) [Profiles in Risk](https://insnerds.com/insights/tag/profiles-in-risk) 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/](https://www.linkedin.com/in/adambowe/) Cake: [https://www.haveyourcake.com/](https://www.haveyourcake.com/) ย  TRANSLATE with x English | [Arabic](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#ar) | [Hebrew](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#he) | [Polish](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#pl) | | --- | --- | --- | | [Bulgarian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#bg) | [Hindi](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#hi) | [Portuguese](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#pt) | | [Catalan](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#ca) | [Hmong Daw](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#mww) | [Romanian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#ro) | | [Chinese Simplified](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#zh-CHS) | [Hungarian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#hu) | [Russian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#ru) | | [Chinese Traditional](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#zh-CHT) | [Indonesian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#id) | [Slovak](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#sk) | | [Czech](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#cs) | [Italian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#it) | [Slovenian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#sl) | | [Danish](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#da) | [Japanese](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#ja) | [Spanish](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#es) | | [Dutch](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#nl) | [Klingon](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#tlh) | [Swedish](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#sv) | | [English](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#en) | [Korean](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#ko) | [Thai](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#th) | | [Estonian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#et) | [Latvian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#lv) | [Turkish](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#tr) | | [Finnish](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#fi) | [Lithuanian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#lt) | [Ukrainian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#uk) | | [French](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#fr) | [Malay](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#ms) | [Urdu](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#ur) | | [German](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#de) | [Maltese](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#mt) | [Vietnamese](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#vi) | | [Greek](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#el) | [Norwegian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#no) | [Welsh](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#cy) | | [Haitian Creole](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#ht) | [Persian](https://insnerds.com/insights/profiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe#fa) | | TRANSLATE with COPY THE URL BELOW Back EMBED THE SNIPPET BELOW IN YOUR SITE Enable collaborative features and customize widget: [Bing Webmaster Portal](http://www.bing.com/widget/translator) Back ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-02-36-07-3231-AM.jpg?width=100&height=100&name=Lamparelli-100x100-Jan-03-2025-02-36-07-3231-AM.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-02-36-07-3231-AM.jpg?width=100&height=100&name=Lamparelli-100x100-Jan-03-2025-02-36-07-3231-AM.jpg) ### About Nicholas 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. - [![](https://insnerds.com/hubfs/Imported_Blog_Media/linkedin-Jan-03-2025-02-36-10-9744-AM.png) ![](https://insnerds.com/hubfs/Imported_Blog_Media/linkedin-Jan-03-2025-02-36-10-9744-AM.png) ](https://www.linkedin.com/in/nicklamparelli) - ![](https://insnerds.com/hubfs/Imported_Blog_Media/wordpress-Jan-03-2025-02-36-07-8558-AM.png) ![](https://insnerds.com/hubfs/Imported_Blog_Media/wordpress-Jan-03-2025-02-36-07-8558-AM.png) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-150x150-Jan-03-2025-02-36-06-2601-AM.jpg?width=150&height=150&name=Lamparelli-150x150-Jan-03-2025-02-36-06-2601-AM.jpg) ##### [ Nicholas Lamparelli](https://insnerds.com/author/nick-lamparelli/) + posts 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. - ** [From Teacher to Tech: How SettleStream Cuts Litigation Time and Costs - A Discussion with Chrysa Jones, COO](https://insnerds.com/from-teacher-to-tech-how-settlestream-cuts-litigation-time-and-costs-a-discussion-with-chrysa-jones-coo/) - ** [My Battle With Sleep Demons (and How I Overcame It ๐Ÿคž)](https://insnerds.com/my-battle-with-sleep-demons-and-how-i-overcame-it-%f0%9f%a4%9e/) - ** [Exploring the History of Citizens Insurance Company of Florida: From Inception to Present - AoB Podcast](https://insnerds.com/20638-2/) - ** [The Importance of Security in Workflow For Insurance Agents & Brokers (AoB Podcast with Taylor Pascoe of ShareFile)](https://insnerds.com/the-importance-of-security-in-workflow-for-insurance-agents-brokers-aob-podcast-with-taylor-pascoe-of-sharefile/) ### Related Posts - [Profiles in Risk - Bloopers, V1](https://insnerds.com/profiles-in-risk-bloopers-v1/) In an upcoming episode of Profiles in Risk, I interviewed Curtis Goldsborough on the inspectionโ€ฆ - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Awais-150x150-Jan-03-2025-02-32-16-3962-AM.png?width=150&height=150&name=Awais-150x150-Jan-03-2025-02-32-16-3962-AM.png) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Awais-150x150-Jan-03-2025-02-32-16-3962-AM.png?width=150&height=150&name=Awais-150x150-Jan-03-2025-02-32-16-3962-AM.png) ](https://insnerds.com/profiles-in-risk-222-awais-farooq-with-activeops/) [Profiles in Risk - 222 - Awais Farooq with ActiveOps](https://insnerds.com/profiles-in-risk-222-awais-farooq-with-activeops/) Video Version: ย  Audio Version: https://www.buzzsprout.com/87086/7383034-pir-222-awais-farooq-with-activeops ย  In the 222nd episode of Profiles in Riskโ€ฆ - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg?width=150&height=150&name=logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg?width=150&height=150&name=logo3v2-150x150-Jan-03-2025-02-36-00-0396-AM.jpg) ](https://insnerds.com/podcast-e2/) [Profiles in Risk - Episode Two](https://insnerds.com/podcast-e2/) SUBSCRIBE AT: Buzzsprout RSS: https://goo.gl/5K4X3Q Google Play: https://goo.gl/WMAvW4 iTunes: https://goo.gl/7SqwvP Overcast:ย https://goo.gl/8b4cbD Stitcher: https://goo.gl/DmE7Mi YouTube: https://goo.gl/1Turarโ€ฆ [**Share](https://www.linkedin.com/cws/share?url=https%3A%2F%2Finsnerds.com%2Fprofiles-in-risk-e465-a-marketplace-of-insurance-agencies-how-to-buy-or-sell-your-book-of-business-in-whole-or-fractionally-cake-ceo-adam-bowe%2F%3Futm_source%3Dlinkedin%26utm_medium%3Dsocial%26utm_campaign%3DSocialWarfare) 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