Seller's Contact Information

  • RE:  Insurance Agency With Multiple Locations
  • Contact:  Ashish Bhatt
Listing Update!
Update: Insurance Agency With Multiple Locations is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Professional Industry.

Business Overview:

This insurance agency has multiple locations throughout the state. It represents many of the top insurance companies in the country, offering full-spectrum insurance products to companies and individuals at competitive rates.

The company has grown steadily over (15%-20% / year in volume, agents, and revenue) the last two decades, and in 2021, they generated $2.8M in revenue; Dec 2022, the insurance premiums have a value of $21M (10,340 policies) while the portfolio distribution is around 78% personal lines and 22% commercial lines.

Team: The company is owned and operated by the founding owner. The team comprises 1 Vice President, 1 Office Manager, 1 IT Manager, and 35 independent sales agents (1099s).

Services and Clients: The company serves both individual and commercial clients with its full-spectrum insurance offerings. It has a client base of close to 7,750 clients and 10,350 active policies making an average policy of 1.31 per customer.
They have access to a large pool of top insurance underwriters that can provide full-spectrum cost-efficient coverage for various insurance needs (e.g., Life, Auto, Property, Commercial, etc.).

Market Competition and Expansion:

They offer broad access to a wide array of insurance underwriters, pay higher commissions to their agents, and offer additional tailored support (e.g., lead and referral program, expenses support). The company has a Unique Aid System for its agent to help give them leads and identify the companies that underwrite the specific insurance the agent is looking to sell.

Reason for Selling:

Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

Opportunity Update!

Exciting update: Insurance Agency With Multiple Locations has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

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