Looking for a buyer.
The diverse client base, covering a group of insurance lines including Individual (IFP), Senior (Medicare), Life and Long-Term Care, and Group Coverage (Health, Dental, Vision, and Life), was built by a 30-year industry veteran who sold upon retirement in 2015. The Agency proudly offers highly personalized service and consistently provides clients; well beyond the policy sale; via the strength of an established boutique firm built on longevity and trust. The last five years have been spent concentrating on building the group health insurance side and has more than 30 small-group clients to show for his efforts. More than 900 policies are in place and the agency boasts high retention and low attrition rates. The agency has more than 50 appointments with top carriers of Healthcare, Life, Medicare, Travel, and Dental/Vision insurance. There is a relatively even distribution of policies in the top 3 areas of healthcare. While there is fewer Life, and Long -Term Care policies, an opportunity for growth in this segment exists. Top Carriers include: Anthem Blue Cross, Blue Shield of California, Health Net, Kaiser Permanente, Oscar. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: No facilities are included. Competition: There is plentiful competition but more people and companies are looking for value and the personalized, thoughtful service this agency provides. Growth & Expansion: Hiring more producers to concentrate on small-group growth, and invest in cross-sales opportunities to increase life and long-term care policies. With an aging population, the latter two areas are area will become increasingly important. Financing: TBD if the deal structure and terms are acceptable. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer for a month as a consultant, or as negotiated. Reason for Selling: The Seller is combining strengths with his wife’s firm; in another industry.

listing type
exclusive representation
Woodland Hills, CA
proposed price
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