ISU and MacKethan form Agency Advisors

March 15, 2005

The ISU Group and Rob MacKethan have announced the creation of Agency Advisors, a consultancy providing merger & acquisition services, business appraisals and perpetuation planning advice to independent insurance agents.

Agency Advisors is providing services to owners of independent agencies in the western United States initially. Agency Advisors will also seek investment opportunities for ISU.

“I am excited about the opportunity to help the owners of independent agencies realize the value of the businesses they have built,” said MacKethan.

“Agency Advisors is a new and very significant complement to the products, services and unique competitive advantage ISU has consistently delivered to independent agents throughout our 25-year history,” said T.J. Ryan III, president of ISU. “Having served most every need of the independent agent for the last 25 years we are very pleased to now offer a superior platform to address succession planning and perpetuation needs through strategic investments in Agencies to significantly increase value for all parties.”

MacKethan has extensive experience with insurance distribution, marketing and underwriting as well as agency M&A. He founded a venture-funded P&C agency in 1999 and recently sold it to a publicly-traded national bank. Earlier, he served in management roles for both Chubb and ISU.

The ISU Group operates a national network of more than 90 locally-owned branch offices. Each branch office enjoys the strength and resources of a national brokerage firm while maintaining its independent ownership.

For more information, contact Rob MacKethan at (415) 750-0900 or email rmackethan@agencyadvisors.net.

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