Balancing Culture and Strategy in Agency Mergers

What It Takes To Lead

In this episode you will meet John Sutter (EVP of Risk Management) and Andy Bracken (CRO) of CoVerica

Imagine navigating the tumultuous waters of agency mergers and acquisitions, where every decision can either forge a lasting legacy or signal the end of an era. Today, we dissect the complex dance between maintaining a company's culture and achieving top-line growth. This episode peels back the curtain on the personal factors that drive business decisions and the vital role of community service in our corporate identity.

The heart of our conversation beats to the rhythm of Coverica's M&A philosophy, where the well-being of people is as crucial as the numbers on a balance sheet. We scrutinize the fine line between nurturing a flourishing workforce and capitalizing on immediate revenue spikes post-acquisition. Stories of agency transitions reveal the emotional and financial intricacies only known to those at the helm.

Shares:

Leif: Robert Oppenheimer: The Man and His Theories by Michel Rouze; Music on Vinyl

Garrett: Stonebriar Community Church “When God Gives You A Wake Up Call”

John: Staying up to date with the latest news from insurance carriers.

Andy: “Start With Why” by Simon Sinek

Mike: “Becoming the G. O. A. T.” Movie; All In Podcast ep 165

About the Show

What It Takes to Lead is a podcast about Mike Sterlacci’s faith, family, friendships, and business lessons learned over 40-plus years of selling insurance and building a rapid-growth multi-million dollar insurance agency in the Dallas-Fort Worth region.

Mike began his insurance career in 1979 as a captive agent at a major carrier. As CEO of CoVerica, Mike directed the company’s long-term vision. His focus on constant improvement has fueled the agency’s profit and revenue growth. Mike is passionate about making a difference and helping employees find fulfillment through their careers. As a mentor, he helps up-and-coming agents discover and apply their strengths to add real value to CoVerica and society at-large.

New episodes drop every-other-Thursday. Please drop us a line if you have a question or suggestion; you can reach us at [e-mail] or via Twitter/X at @wittlpod. Finally, if you like the podcast, we encourage you to subscribe and leave us a review.