INSURANCE AGENCY & BROKERAGE CONSULTANCY SERVICE.
FOUNDING MEMBER OF THE ASSOCIATION OF INSURANCE AGENTS IN SPAIN
Joining the Association of Insurance Agents in Spain provides great advantages to those insurance agencies that are tied to a specific insurance company and can only sell and promote those specific products. Plegasus are now in a position to offer you an amazing opportunity not to miss ANY insurance related sales because your tied insurance company can not provide the cover or beat that quote that is cheaper than the one you can offer. Call us for more information or CLICK HERE to receive more details.
WHAT WE DO
This is a strictly private and confidential business consultancy service.
Pegasus Europe S.L. offers a wide range of business development and consultancy services to the General Insurance Industry in Spain - To the individual, self employed, single tier insurance agencies that may need assistance and advice with their business development plans. No matter how big or small your business is, we can help you develop into a strong, profitable enterprise.
Whether you have had enough and want to sell up, have stagnated and can't find the inspiration or the finance you need to expand, or just need financial and/or business advise going forward - then you need to speak to us. With our extensive knowledge, experience and success in the insurance business in Spain, we have the solutions that can help you succeed. Get in touch with us today to learn more about our services and how Plegasus Europe S.L. can work for you.
Merge & Amalgamate
Insurance Agencies in Spain.
Is your Insurance Agency business struggling, running out of money or having cash-flow issues,
working all hours to stay afloat, buried under mountains of paperwork,
under-staffed or stressed out or do you just simply want to quit?
Plegasus S.L. can help you sort it all out. No fuss, no worries, we have the solution.
Can’t find new clients? Not making enough money? Want out?
Contact us – we will help you.
Big or small – we deal with it all.
Work with experts
Looking to sell or develop your insurance business in Spain but not sure where to turn?
Need help planning or executing your next expansion?
Let us guide you with our IT Resources service.
Any organisation can develop with small incremental changes, but building for the future in today’s rapidly evolving business environment means taking bold chances and making insightful decisions.
Mergers & Acquisitions
Achieve your goals
With years of experience with Mergers and Acquisitions projects, we’re ready to take your business to the next level. At Plegasus Europe S.L., we combine our insights on how to transform your projects, processes, strategies, and in turn your company. Our staff has the capability, knowledge and skill to actually do it. We’re proud to help you achieve whatever it is you feel you need.
Grow your business
Plegasus Europe S.L. is your address for business development through Advanced Analytics. We examine what you need to do to stay relevant and competitive in this fast paced world, and the best way to achieve that. We strategise using smart tools and global resources to understand the implications of every brand choice and organisational decision.
Have a look at some of the areas of our research that goes into helping you with your business if you participate in our business consultancy service.
Insurance Agency Acquisitions.
If you have had enough of dealing with the insurance agency business in Spain, got fed up with dealing with irate customers and claims, feel you are over-burdened with all the paperwork and have no time to develop your business, then you need to talk to us. We have the solutions to make your life so much easier and for you to earn more money.
Plegasus have achieved great success in the Insurance industry in Spain, in general insurance services and in specialised insurance fields, developing new products and methods that work in the Expat insurance marketplace, providing insurance agents with an advantage when they use our consultancy services.
We have the experience, knowledge and the technology, to increase your business potential, make you lots more money, increase your turnover, improve your Google and social media rankings and turn your business into something to be proud of. You have worked hard to get it where you are, so expand on that and achieve so much more with our expertise.
If you don’t want your business any more, we are happy to sell it for you and/or find a buyer that will pay a fair price for your book of business. We have buyers waiting, so call us today.
Grow your business by merging with a bigger or more established insurance agency business and partner your resources. Being part of a profit and/or work sharing scheme can be very profitable, enabling you to grow exponentially and be part of a bigger brand that can afford you the security and stability that all businesses can benefit from.
Insurance Agency start-ups.
Going it alone is not easy. At Plegasus we know how hard it is to establish an Insurance Agency or Brokerage in Spain. How much it costs, the rules and regulations, permits, licences and the issues with having a tied agency status and what to do when your clients go elsewhere because you can't compete with the cheaper quote. Even if your tied agency can't offer a quote because they don't cover that particular vehicle or request, we do have a solution.
We all know that financing any business is a large part of how successful they can be. The lack of financing can seriously affect your business. Bank loans and Government assisted loans and private finance can be an option. Plegasus have a variety of sources that can provide you with the additional funding you need for your business and can help you prepare the business plans and documentation needed to support your requirements.
If you need financing for expansion, buying a portfolio of insurance products, upgrading your offices, employing new staff, relocating, or just need the security in knowing that it is availabe should you need it, then call us. We can arrange the finance for you without any fuss.
Tied Insurance Agencies.
It's not like it used to be. Insurance agents could almost act as brokers, having multi-faceted agencies with a variety of insurers. Not now. Laws have changed and only registered insurance brokers can have a multitude of insurance agencies to enable them to offer a wider field of products. So you are stuck with the Tied Insurance Company you thought was the one that would be best for you.
If you are a tied single tier insurance agent in Spain, you are losing business because the insurance company you are tied to are unable to offer all of the insurance products you need. Some of your insurance products are likely to be expensive and uncompetitive in some areas, and will lose you clients, business, kudos and money.
Plegasus has a unique scheme, which allows you, legally, to retain at least 50% of the insurance business that you cannot, or are not permitted to do under the single agency tier system. Plegasus has a unique system that we can use to mitigate and reduce this risk.
Any insurance business will not work, in the long term, without a well thought out business plan. Operating an Insurance Agency is Spain is not for the faint hearted and if you want to make a living at it, seek our advice, we can help you because we have the knowledge, experience and professionalism and because we are good at it. Our proven track record is exemplary and examples of what we have done will be shown to you confidentially, so that you are assured of our capabilities.
Like all things positive, and where you are selling directly to the public, location can be vital. Foot-fall and parking areas can be major factors in any business in Spain. As you become more and more successful, with our help, will your landlord increase the rent or even turf you out to put his own insurance agency in its place? It happens, and more often than you think. This is just an example of some of the pitfalls our clients have had to deal with in the past and they can cause serious harm to your business if you are not aware and don’t take the precautions necessary that are often due to the lack of information and knowledge.
Plegasus can help you run and manage your business to it’s full potential. We can share our management skills and train you to become efficient and profitable. Daily operational methods and software that improves your efficiency, will give you more time to deal with customers. Plegasus can completely manage your business administration, sort out all the claims and deal directly with your clients so that you can get on with the job of selling. There are many options available that can only improve your business skills. We can help you achieve your goals and ambitions.
Most businesses think of accounts as a tool just for profit and loss. At Plegasus we use accounts to analyse your marketing, view your sales analysis and the day-to-day running of the business. Having accurate daily accounts can make a big difference to your business in so many other ways. The Spanish accounts and reporting procedures can often prove awkward for analysing your accounts. Ask us about our easy to use internal accountancy system that helps you succeed.
All of the businesses under our management and/or ownership have superior customer service. Our customers come first. Our hands on experience and knowledge will get you off to a very good start and keep your customers coming back to you year on year.
Supporting your business.
If you use us, we can guarantee that you will have our support for as long as it takes or until you are happy to go it alone or have sold your business and/or achieved your goals. We work with you and for you, offer you unrivalled support and offer value added business and independent advice.
Increase your turnover.
We have the know-how. Use our professional experience, knowledge and administration services and skills to turn your business into the envy of your competitors and fulfil that dream to be and own a successful business in Spain. No one said it was going to be easy, but you can make it a lot easier. Ask our team to come and talk to you. Our initial consultation is completely free.
Franchise your business.
Franchising opportunities are available, whether you are a new start up or want to merge or expand your existing insurance business in Spain. Our professional management team will discuss all of these options with you to determine what you want and how you can achieve your goals.
The development and branding of your insurance business.
Not all things are black and white or what they may appear to be. Starting a new insurance business in Spain is difficult at the best of times and you will need legal support. Our legal team will guide you through all of the paperwork and processes, costs, analysis and potential pitfalls that may, and often do, occur. Protecting your future assets is essential.
Social Media & Marketing
Often overlooked by many companies due to the lack of time, skills and personnel, Plegasus has a specialist team that will work wonders with your social media and marketing requirements, from design to inception. Social Media can often be a distraction, so get sound, proven advice before plunging lots of money, time and effort into something that may or may not work for you.
Advertising and Promotion.
It is a proven fact that only 4% of advertising actually works and the insurance industry spends more on advertising than any other business. To compete, you will need to know what you are doing and what works for your branding. If you are not an advertising guru, then you are likely to waste as much as 96% of your budget. Knowing where, when and what outlets to use for your advertising and marketing strategy is as important as your business branding, it is your business. Our design team will work with you to accomplish amazing results.
From fully automated systems, to the one on one campaigns, email campaigns are still a favourite and well established tool. We will guide you through this process and guarantee excellent results.
Plegasus have vast experience in Website designs that can enhance your Website and drive more traffic to your business. Whether you want local business or business from all over Spain, our insurance consultancy can provide you with vital answers to questions you never knew to ask. Integrated and monthly packages are available with no up front fees.
S.E.O. Site Engine Optimisation.
Site engine optimisation is one of the most important aspects of any Website. If people can't find you on the Internet, how are you likely to get any business. Our experience has shown us how to compete effectively with the larger insurance companies that spend hundreds of thousands of Euros on Website advertising, for a mere fraction of your turnover. We will provide you with incredible, proven results from some of the businesses that have used our consultancy services.
Data and databases.
Having good quality data and using these leads to the best advantage is the most important part of any business. If you haven´t got this right, it’s time to remedy the way you do business. Plegasus will source and provide 1,000´s of excellent leads specific to your area, type and location of your insurance agency to get you the local business and set you up with more leads than you can handle.
Many people hate cold callers and cold calling, particularly for insurance. It’s tough, and if you want business you must have a structured sales lead generating process. Our tried and tested telesales network and team can train and provide you with the leads you need, or do it all for you.
Too busy answering phones, processing claims and paperwork, bogged down with administration and business accounts! Can´t afford, or know how to afford and employ more staff to cope with the load? Plegasus will help you with this process by providing secure advice on employment laws and your commitments to employees, health and safety, social security and a whole host of support, just for your business.
Offices and Equipment.
Whether you rent or own your offices, the equipment, computers, telephones and/or data systems, they all need to be paid for and protected properly. Ensuring you have the right protections and support in place is one of the things we do best. You can't afford to lose what you have worked so hard to build. Make sure you have the right computer backup systems to protect your data and reliable fire walls with good virus protection.
More - so much more.
Well that was a very brief summary of some of the things that are associated with running a business that incorporates an Insurance Agency in Spain. Lots of these skills and ideas can be incorporated into most Spanish business enterprises and you may think you can manage without them. Don't be fooled into a false sense of security. If you have most of these ideas in place and they are working for you, we have many other tried and tested business solutions in hand. Our consultancies are not expensive and are geared towards improving your business and income. This has just been a small part of the informed, knowledgeable company that we are and the amazing work that we do in Spain.
Selling your insurance business.
Whether you want to finally retire, capitalise on all your hard work and convert it into well earned income, or have just had enough and want to go back to the UK. Plegasus can provide you with an outlet for selling your business, in whole or part, your insurance book of business, your portfolio, your premises and equipment, and whatever you want to sell as part of that business.
Plegasus have investors, buyers and entrepreneurs who are looking for potential insurance businesses in Spain. Don´t lose out - get in touch with us today!
This is a strictly private and confidential service, any contacts and discussions will be held in the utmost confidence and no staff members will be privy to any of your requests or discussions. Please contact Plegasus in the first instance and we will be happy to discuss any of your requirements.
Our initial consultation if FREE.
Copyright Plegasus Europe S.L September 2017.