$94K EBITDA Worker’s Comp Insurance Carrier in Montana

The Company is a long-standing Workers’ Compensation Insurance Carrier with a demonstrated history of disciplined underwriting, strong policyholder retention, and consistent claims performance. Operating for more than a decade, the Business has established a defensible market position supported by experienced management, conservative risk selection, and a focus on preferred commercial risks. The Company has produced stable premium volume with favorable loss experience across multiple underwriting cycles. In addition to its core insurance operations, the Company has developed a fully built, scalable operating infrastructure that supports underwriting, claims management, regulatory reporting, and policy administration. The platform is designed for efficiency, speed, and compliance, enabling rapid deployment in new jurisdictions without material incremental investment. Claims handling and loss control are managed internally, resulting in accelerated claim resolution and reduced long-tail exposure. This opportunity is well suited for a strategic acquirer or insurance partner seeking immediate operating capability, experienced personnel, and a foundation for disciplined expansion in workers’ compensation. The Business offers a rare combination of proven execution, operational readiness, and growth optionality, without reliance on aggressive underwriting or unproven assumptions. NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Facilities: Facilities to be discussed. Competition: The Company operates in a competitive workers’ compensation market dominated by large national carriers and state-affiliated entities, many of which rely on scale rather than underwriting precision. The Company differentiates itself through disciplined risk selection, efficient claims resolution, and an operating model designed for speed, flexibility, and profitability rather than volume. Growth & Expansion: The Company is positioned for expansion through selective geographic growth and strategic partnerships that leverage its existing infrastructure and operating capabilities. With incremental capital and the right strategic alignment, the platform offers a clear path to scale while maintaining underwriting discipline and performance consistency. Financing: TBD if deal structure and terms are acceptable. Support & Training: The Seller intends to remain actively involved as an equity partner following the transaction, providing continuity of leadership, institutional knowledge, and strategic support. Ongoing involvement will ensure a smooth transition, with support across underwriting, claims oversight, and operational training as needed. Reason for Selling: The Seller is looking for a Strategic Partner and is not exiting.