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Agency Finance and Valuation Webcast Posted to Best's Review Web Site.


OLDWICK, N.J. -- The Best's Review([R]) Webcast "Agency Finance and Valuation 2009: What's My Agency Worth?" is now available at www.bestreview.com/agency09. The panel presentation explored current valuation techniques and the mergers and acquisitions market for insurance agencies and brokerages. It was broadcast live on May 13 and will be reported in detail in an upcoming edition of Best's Review magazine. The video playback Playback could mean:
  • The re-playing of recorded media.
  • Gapless playback, the seamless playback of digital audio formats (i. e. ipods, mp3 players)
  • Playback singer, a practice in Bollywood musicals.
 is available to Best's Review subscribers.

The live event drew nearly 1,000 registrants and went overtime to accommodate the questions and discussion.

Topics included:

* Valuation techniques, rules of thumb and rough calculations for how acquirers and advisors are valuing agencies

* The current climate for insurance agency mergers and acquisitions, including trends in pricing, terms and financing

* How transactions are proceeding, including what types of agencies are considered more or less desirable

* How agency principals can better position themselves to take advantage of tomorrow's M&A environment

Presenters included:

* Timothy Cunningham, Principal at Optis Partners

* Madelyn Flannagan, Vice President of Education and Research at Independent Insurance Agents and Brokers of America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name.  

* Skip Hagerty Hagerty refers to:
  • Michael G. Hagerty (born 1954), American actor
  • James Hagerty (1909–1981), American White House press secretary under Dwight D. Eisenhower
  • Julie Hagerty (born 1955), American stage, screen, and television actress and model
, Managing Director of Corporate Finance for Philo Philo (fī`lō) or Philo Judaeus (jdē`əs) [Lat.,=Philo the Jew], c.20 B.C.–c.A.D. 50, Alexandrian Jewish philosopher.  Smith & Co.

* Robert Robert, Henry Martyn 1837-1923.

American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876).

Noun 1.
 Pettinicchi, Executive Vice President and Chief Lending Officer at InsurBanc

Best's Review subscribers may view the Webcast at www.bestreview.com/agency09.

To subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day"
subscribe, take

buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company";
 Best's Review visit www.ambest.com/sales/bestsreview.

Founded in 1899, A.M. Best Company is a global full-service full-serĀ·vice
adj.
Associated with or offering complete service: full-service gasoline pumps; full-service banks. 
 credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.
COPYRIGHT 2009 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:May 20, 2009
Words:264
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