Looking for a buyer.
Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: https://pronovapartners.com/engagement/growing-non-standard-auto-agency-with-2100-policies-for-sale/ Non-standard auto book of business established in 2016 offers 2,100 policies in force throughout California. The book has seen triple-digit growth in fees and nearly double commissions in the past two years. • Approximately###-###-#### policies written each month • Approximately###-###-#### policies each month are rewrites for previous cancellations. • Broker fees average $100 for new policies, up to $200 for rewrites. • About 80% of clients are on EFT with auto-renewing policies. Carriers include Kemper, Aspire, National General, Foremost, Western General, and Dairyland. Runs on Hawksoft agency management system, loss ratios vary by carrier but all are reasonable with most below 70%, with exceptions recently with industry-wide higher dips that carrier reps seem unconcerned about. Three licensed producers and one CSR can stay with the book or be excluded, per Buyer preference. Little walk-in traffic makes the book easily transferable to another agency working anywhere in California. NDA is required {LINK ABOVE} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: Office located in San Diego. This book of business can be easily rolled up into an existing operation and relocated. Rent is currently $2,000 per month and the lease is month-to-month. Competition: Highly fragmented competitive landscape but superior targeted marketing and high level of customer service inspires retention and continued growth. Growth & Expansion: Continue to deliver a high level of customer service to maximize renewals. A buying agency with other insurance products could easily cross-sell current clients with multiple needs. Financing: Seller financing may be available with the right offer and the right terms. Support & Training: As needed. Reason for Selling: Other Business Interests

listing type
exclusive representation
San Diego, CA, USA
proposed price
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