For insurance agency owners
Insurance Agency finance tools
An independent insurance agency earns commissions from carriers. On direct-bill policies the carrier collects the premium and pays the agency its commission, usually the month after. Renewals bring most of the revenue back each year. New policies take months to show up in commission checks.
13-week cash flow forecast
Open →How much cash to keep
Open →How much to pay yourself
Open →Can I afford to hire?
Open →Break-even calculator
Open →Monthly financial report
Open →Common questions
Why does my agency have cash but little profit?
Check the trust account. Premiums held for carriers inflate the balance. Look at the operating account on its own.
How much cash should an insurance agency keep?
Two payrolls plus a month of fixed costs in the operating account. Count nothing from the trust account.
Get this done for you every Monday
One Page CFO reads your QuickBooks, builds your 13-week cash forecast and your one-page report, and a CFO checks both. $500 a month.