Banking & Financial
Health Insurance Agency Overview:
- Clients have been trained to deal with the Agency on the phone, so this is portable!
- With this acquisition the Buyers secures an existing 30-year-old specialist/niche operation.
- A large book of over 640 active policies in force!Perfect multi-lining opportunity for a well-diversified agency to get the rest of the personal lines (home/auto etc…).
- Remaining 5% is Advantage plan revenues. YTD 2017 through June 2017 came in at $120k, the clear majority from Anthem, plus UHC, Aetna & Mutual of Omaha.
- An organization that also cross-sold life insurance and/or annuity products would also have a nice sized book to farm and derive additional revenue streams from.
- Annual retention rate is approximately 95%, very little attrition to speak of.