Imagine that you are an Associate at a private equity firm that focuses on investments in the
Question:
Imagine that you are an Associate at a private equity firm that focuses on investments in the Financial Services space. In the Excel file, you will find an Income Statement for an insurance broker.
Insurance brokers primarily generate revenue from commissions and fees, which can be projected based on a percentage of total insurance premiums sold by the broker. To a lesser extent, insurance brokers can generate revenue through interest income on the premiums collected and held by the broker for a short period of time before passing these funds to the insurance companies. This interest income can be projected based on year-over-year growth.
At what rate is the insurance broker expected to grow total revenue in 2024F?
Business Ethics A Stakeholder And Issues Management Approach
ISBN: 9781523091546
7th Edition
Authors: Joseph W. Weiss