Cake

🎉 Big News from Cake! 🎉 I'm thrilled to welcome the newest member of our Board of Directors, Jim Hackbarth! Jim's sterling track record in the insurance industry is nothing short of inspirational. His dynamic leadership and his achievements in the insurance industry demonstrate a commitment to excellence and innovation that aligns perfectly with our mission here at Cake. We are on a quest to level the M&A playing field for independent insurance agents, and Jim's wealth of knowledge, industry experience, and strategic insights will be invaluable on this journey. Jim's guidance will undoubtedly help us innovate and expand our reach in the industry. At the heart of it all is our shared vision for the future – a future where independent agents can make the most out of their biggest transactions through a platform that is simple, trustworthy, and growth-oriented. Please join me in welcoming Jim to the Cake team! Learn more about Jim, our mission and platform here:  https://lnkd.in/e9Dy2BZQ #InsurTech #PressRelease #Announcement

There are more people thinking about buying & selling a book of business or agency now than ever before! If that’s you, you want to tune in to hear Adam Bowe, CEO of Cake on the Insurance Refocused Podcast. Whatever you do, if you’re selling don’t make the mistake of only talking to one buyer. Position yourself to find the best buyer that fits with your priorities. If you’re buying position yourself to know what’s available. Cake is the online marketplace that is focused on taking the friction out of this process. They help buyers and sellers come together and make strong business decisions. Lindsay Wallace, MPA AgencyFocus

Cake + HawkSoft = 😎 Kenneth was nice enough to have me and Clayton on the Insurance Perspectives Podcasts (HawkSoft) to talk about how agents can use Cake to: - Get a free valuation on their book of business - Sell a slice or all of their book of business - Find opportunities to grow through acquisition And our integration with Hawksoft means that insights into the metrics that matter in book of business are just a click away. https://lnkd.in/e4Ch_vJp

🥳We have exciting news! Our very own Clayton Yomtob was a guest on "The Insurance Perspectives Podcast" presented by HawkSoft! Clay and Adam Bowe from Cake talked about Cake's book valuation engine and how it can help agencies understand the worth of their assets for future planning. Part 2 is dropping soon, and you do not want to miss it! 🔥 ▶️Apple: https://apple.co/3PPrBUU ▶️Spotify: https://spoti.fi/3PsdOCi ▶️YouTube: https://lnkd.in/eyC2Gqai ▶️Buzzsprout (web audio): https://lnkd.in/dtxNA_dG

Unlock your free valuation today. Connect directly to your AMS, or upload your book to unlock your free book of business valuation. Get data-driven insights into the metrics that matter. Fuel your growth through smart acquisitions, or monetize the the value of your book with Cake. Create your free account or book a meeting with us (link in the comments) to learn more! #insurance #insurtech #technology #innovation

Unlock your book of business valuation today. Upload your book of business data and unlock real-time, precise ranges of your book's value based on your actual data and industry benchmarks. Cake's platform offers precise analysis of your book's value, grounded in your unique data and industry benchmarks. 1. Connect directly to your AMS, or upload your book.  2. Unlock your valuation that reflects the latest market conditions. 3. Explore opportunities for monetization or strategic growth. Whether planning for retirement, considering an acquisition, or simply aiming to understand your agency’s value in the fluid insurance market, Cake's valuation engine is your first step towards making informed, strategic decisions. #Insurance #Insurtech #InsuranceAgent

The Coming M&A Boom for Independent Insurance Agencies 🚀 Are you an independent insurance agency owner nearing retirement age and considering your options? You're not alone. With over 40,000 independent agencies in the U.S., many of whom are owned by agents nearing retirement, we're on the cusp of a massive wave of M&A activity in the industry. At Cake, we're revolutionizing the way these M&A transactions happen. Our innovative online marketplace brings much-needed efficiency, transparency and liquidity to a traditionally opaque and fragmented process. For agency owners, our platform makes it simple to connect with serious acquirers and explore your options. Get an instant valuation of your book of business with our Book Valuation Engine to inform your financial planning. When you're ready, easily create anonymous listings to gauge buyer interest or connect directly with hand-picked potential buyers. On the flip side, growth-minded agency owners can use Cake's powerful search tools to find acquisition opportunities that precisely fit your criteria. Our platform surfaces the most relevant matches. Manage all your deal flow in one intuitive dashboard. With the "silver tsunami" of retiring agency owners upon us, we're on the precipice of a historic boom in M&A deal flow. Cake is here to help both buyers and sellers navigate this new landscape. Ready to take control of your agency's future? Sign up for free at Cake today and explore your options. The future of insurance M&A is here - and it's pretty sweet. 🍰 #Insurtech #Insurance #InsuranceAgents

Are you a retiring independent insurance agency owner looking to monetize your life's work? You're in luck. You've put in the long hours, taken the entrepreneurial risks, and built valuable books of business. Now it's time to reap the rewards of that hard work and sacrifice. At Cake, we're seeing retiring owners capitalize on these favorable M&A dynamics every day. Our platform connects sellers with a large network of qualified buyers, and streamlines the entire deal process. With our Book Valuation Engine, you can get a free valuation of your book of business. The M&A boom is enabling a generation of agency entrepreneurs to monetize their life's work on their terms and their timeline. If you're a retiring owner, now is an opportune time to explore your options. Start planning for the future you've earned. Create an account and get a free valuation of your book today!

We are thrilled to unveil this year's exceptional group of Recognized Leaders at Scout InsurTech! From emerging startups to high-growth enterprises, these leaders are making waves and reshaping the industry. 💡✨ Cake Vecto b atomic! Qumis Kyber Sunny Day Fund ☀️ CrashBay Pavo Insurance Solutions Inc. Indemn LeakBot PolicyFly TPA Stream Faroe EasySend IRYS Insurtech Stere AKUR8 GloveBox Monitaur ROOK Roots Automation Helixco Bonzah.com SDRefinery AI Join us in celebrating these visionaries at Scout InsurTech on June 17th. Click the link below to learn more about these companies and to register for our event. Be sure to use discount code EARLYBIRD to secure your spot today.

🍰 Piece of Cake: Our Latest Updates! 🍰 Agents, we're baking some cool stuff: Improved Chat Feature: We've cooked up a more user-friendly chat. We think you'll love it, but hey, don’t just take our word for it—give it a whirl! New Listings: There are some new listings on the marketplace and more to come. Check them out and see if they're a fit for you. Book Analytics Tool in the Oven: This is where it gets interesting. We're working on something that will give independent agents high access and high control over your book's value. Coming soon, so get excited. Same Cake, now just sweeter. And remember, we’re always eager to hear agent feedback!