112 Policies in Force - primarily construction focused enterprises, this is a small book of accounts for a single sole proprietor exiting the insurance business. Sandblasting, paving, backhoe, plumbing, engineering, excavation type accounts, placed ONLY with MGA's. Writing Pkg, Work. Comp, G/L, XS, Auto, $707k in Premium up for grabs, the balance of the gross revenue is Broker Fee driven for services provided to the client base. Carriers are WESCO, Security National, Amtrust, Hiscox, a whole gang of them actually that are all available through their MGA relationships. Our package has a detailed examination of every policy in force so Buyers can assess line of business, MGA ID, carrier, effective date, premium volume, and commission & broker fee revenue line items. NDA is required for first round package on the book of business.
Facilities: Currently home office setting, portable for anyone that is currently doing business in California. You pick up the phone, you can service this book. (Home Based)
Competition: Construction risk is a niche industry but the Seller has taken good care of the client base and has secured referrals as the main driver of revenue expansion.
Growth & Expansion: Primarily a renewal book. Good entry level acquisition target if it’s someone’s first purchase potentially due to price point.
Support & Training: As needed.
Reason for Selling: Other business interests.
Ace Business Brokers NDA & Buyer Profile
NDA’s are always required to secure due diligence packages for our engagements. Please reference 654 Insurance when typing your name on our form please! Thank you!!
Please take a moment to CLICK HERE, to fill out our online confidentiality agreement. Once we receive your NDA we will follow up and provide the due diligence package on the opportunity you are interested in.