Valuation of Insurance Book of Business

This matter involved a dispute between the an insurance company and an insurance agent over ownership of certain accounts, as well as claims of wrongful termination. Of particular importance was the rate of renewal and expected profits from the agent’s clients under different account ownership scenarios.

D. Scott Bosworth, a Vice President at Cirque Analytics, was retained by respondents to provide expert analysis of damages. Specifically, Mr. Bosworth was asked to provide a valuation of certain client accounts under different ownership scenarios. Mr. Bosworth and his team reviewed extensive data related to insurance costs, sales, premiums, renewal rates, and other information, and identified appropriate risk and discount factors for valuation purposes. Mr. Bosworth submitted a report of his findings and testified in deposition regarding his conclusions.