A compilation of an insurance professional’s or agency’s active policies, representing their client base and the revenue generated from those clients. This encompasses details like policy types, coverage amounts, premiums, expiration dates, and client contact information. For example, a property and casualty agent’s collection of homeowners, auto, and business liability policies would constitute this agent’s version of the described collection.
This compilation is a significant asset. Its valuation determines the agency’s worth in mergers and acquisitions. It provides a foundation for predicting future income and planning strategic growth. Historically, its maintenance was crucial for business continuity in the event of personnel changes or agency restructuring, offering a roadmap to existing client relationships and policy details.
