Passing it on

Businessman receiving baton in a relay

Edward Murray explains the options available for those thinking of selling up and how to plan for some of the more worrying issues that the process brings up.

For insurance brokers, turning hard-won commercial reputations and an attentively grown company into financial reward is not easy, yet selling their business represents perhaps the most important deal that any owner-manager will complete in their career.

Establishing a solid succession plan and taking time to consider how to crystalise the efforts of a career into a gold-plated financial reward is important if any insurance broker owner is going to capitalise on the relationships nurtured over

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