Compare Listings

Description

SOLD ‘Q1 2022!

We are pleased to offer a very unique opportunity to acquire a personal lines focused insurance agency that is a hybrid preferred and non-standard agency.

 

There is a very solid Mercury block that is $2.1MM in Premium with a mid-30’s loss ratio and a $3.2MM block with a mid-50’s loss ratio that is with Infinity and the Infinity book is at a very favorable %.

 

The clients (even the non-standard) are very loyal and this has been a very steady agency for decades.

 

We are looking for an agency that has the Mercury appointment but that is open to a non-standard operation as well as it’s a significant slice of the business obviously.

 

$925-$975k in annual revenue for 2017-2020 with approximately $282k in adjusted net income for 2020.

 

If you have an existing appointment with Mercury and are keen on a solid acquisition by year end we want to collaborate with you on this sale immediately!

 

SUBMIT NDA BELOW to secure first round package and once we confirm valuation guidance is on point we’ll be happy to have a chat to see if this is a mutual fit.

 

This was only marketed to our ProNova Partners email blast list, plus any of those folks that are visiting our website on an ongoing basis, this is not being publicly marketed!

Contact info

Pronova Partners

Inquire about this property

Similar Properties

Competitive Auction Format$479,359Adjusted Net: $239,708

Computer & Technology, IT & Software Services

Pronova Partners

Competitive Auction Format

Computer & Technology, IT & Software Services

Pronova Partners

Best Possible Offer$90,000,000Adjusted Net: $30,000,000

Firearms, Gun Shop, Manufacturing

Pronova Partners

Best Possible Offer

Firearms, Gun Shop, Manufacturing

Pronova Partners

Best Possible Offer$4,100,000Adjusted Net: $1,055,000

Pronova Partners

Competitive Auction Format$24,000Adjusted Net: $12,000

Computer & Technology, IT & Software Services, Online Business for Sale

Pronova Partners

Competitive Auction Format

Computer & Technology, IT & Software Services, Online Business for Sale

Pronova Partners


Previous Property

SOLD-Established P and C Insurance Agency for Sale

Next Property

SOLD-NorCal Mercury and Safeco Book of Business for Sale