Independent Insurance Agency Book of Business
Established Year: | 2007 |
Independent agency book of business for sale. Only the book of business is for sale. The entity and brand are not for sale. No employees will join the buyer. Estimated proportions are as follows: 64% health insurance (primarily group health), 30% commercial lines, 6% personal lines.
• Annual Revenue: Estimated at $82,000+
• This is an ideal book of business for new or established agencies who desire to grow their book of business and make profit quickly.
• Most clients have been with this agency for many years. Retention is very high.
• Health books of business are highly profitable compared to P&C, and do not require as much work and time as P&C books of business.
• A significant percentage of the overall revenue is from P&C Standard Lines policies that are transacted through brokers. If your agency has direct appointments with Standard Lines companies, you will gain an increase in commission at renewal just by bypassing brokers.
• No office expense or employees' payroll to be concerned about. This makes it an easy transfer process to your office and employees.