Commercial Trucking Insurance Agency For Sale 1272

December 12, 2024
by an intermediary from Bucknell University in Santa Monica, CA, USA
Founded in 2022, the Company holds a Book of Business consisting of approximately 247 policies, $2.78M in Premium with commercial auto policies accounting for 99% of the portfolio and General Liability policies for the 1%. The top carriers within this book are Evarspan, Trisura Specialty, NICO and Progressive.
It's important to highlight that there is no physical office or employees, making this a straightforward book roll for the right Buyer.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: No facilities.
Competition: The insurance industry is highly competitive, but acquiring this opportunity can lead to substantial business growth and the expansion of your book of business.
Growth & Expansion: In addition to cross-sell opportunities, there's a possibility that a Buyer may have negotiated better commission rates with carriers, which could lead to immediate upside for the Company.
Financing: TBD if deal structure and terms are acceptable.
Support & Training: To ensure a smooth transition and ongoing success the Seller will work with a Buyer as needed to successfully transfer the Agency.
Reason for Selling: Seller is ready to retire.
from University of World Economy and Diplomacy in Chicago, IL, USA
from Massachusetts Institute of Technology in Portland, OR, USA
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