Helping brokers protect their legacies and serve their communities.
We serve brokers through agency perpetuation, back-office services, business development, marketing and claims management.
Our Mission
If you own an agency, the idea of selling it is probably unsettling. You may have started it from scratch with a vision to serve those engaged in the high calling of helping others. Churches, houses of worship and nonprofits foster social change, strengthen our communities and provide economic opportunity. Brokers Advantage Trust (BAT) exists to help agency owners who share this vision but are feeling the strain of market pressure. As a result, they may be contemplating selling their life’s work. There is an alternative: Brokers Advantage Trust.
What is Brokers Advantage Trust?
We provide agents an alternative to selling their agencies.
The services of Brokers Alliance Trust allow independent agents to continue receiving a steady income and build on their legacy of serving others. It also ensures their loved ones have a reliable source of income. This* can include funding for a charitable trust that avoids capital gains taxes, supports nonprofit organizations of their choice and ensures their beneficiaries receive their inheritance.
*This option may not be available to all brokers. Please contact us to clarify.
What’s behind our approach?
The Insurance Journal recently reported that, over the next 15 years, 50% of the insurance workforce will retire. At the same time, the industry is struggling to hire and retain personnel. The combined result of these trends is an unprecedented loss of insurance knowledge that can severely impede the industry. In doing our part to help reverse this trend, Brokers Advantage Trust serves as a vehicle to bring new personnel into commercial insurance, helping them:
Launch their own agencies
Specialize in the nonprofit sector
Support their back-office services
Get training to become professional field underwriters and risk management consultants
We bring young professionals into the commercial insurance industry.
We help aspiring insurance professionals launch their own agencies. In addition, we encourage specialization in the nonprofit sector and support young professionals with back-office services. This provides training for them to become professional field underwriters and risk consultants.
