In The Advantages of Strategic Advisory Boards For Agency Owners insurance agencies expert witness Andres Barile, MBA, CPCU, writes:
Generally, a strategic advisory board meets on a quarterly basis, allowing for members to keep abreast of the significant issues affecting the insurance agency.
Ideally, your board should be comprised of a minimum of four members with expertise and knowledge in agency growth, carrier relationships, mergers and acquisitions, and legal and tax advice.
Following are examples in each of these four areas where a strategic advisory board may prove helpful.
Read more: insuranceexpertnetwork.com.