May 2022 Insurance Agencies for Sale

Due to interest rates increasing, we are now seeing a competitive acquisition market. Because of this, a concentrated mix of tactics and quick reflexes is required to develop adequate deal flow. We view this process as a multi-level and joint endeavor. A principled national approach that STG provides, in concert with the “boots on the ground” local market intelligence that only buyers have access to, is a good starting point. To this mix, STG adds tools including seller broker administration, internal and external research functions, and our other proprietary tools in the effort to reach the 90% of insurance agencies for sale that aren’t going public with their listings.

3 Listings from Our Full List of Agencies for Sale.
Contact STG for the complete list.

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SHOP A: Alabama This is an independent P&C agency located in southern Alabama. The agency was established in 2018, and is made up of 97% Personal Lines and 3% Commercial Lines. The agency currently has one employee who is licensed and works full-time. The employee would like to continue with the agency with the new owner. The agency receives some walk-in traffic for new business and payments. Carriers include Aspera, Swyfft, Progressive, Lloyds, and more.
Reported Revenue:  $158K / Asking Price: 2.25X / Tracking Code: DALHR
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SHOP B: California We are pleased to present a strong, 24-year-old, independent mixed practice agency that is now available for sale in beautiful southern California. The agency represents the best carriers in SoCal including Anthem Blue Cross, Liberty, Hartford, Travelers, and more. 95% of the business is in California. The agency caters to both commercial clients (60%) and individuals.
Reported Revenue:  $335K / Asking Price: 1.1MM / Tracking Code: ACANL
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SHOP C: Kentucky This is an independent personal lines Property and Casualty agency that has been doing business in Kentucky since the early sixties. This independent shop represents Progressive, Safeco, ASI, Kentucky National, and more! The agency has two full-time employees and utilizes the Agency Advantage management system.
Reported Revenue: $297K / Asking Price: 2.5X / Tracking Code: DKYGL
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Get more info about the agencies listed here or for our complete list. Email Sam Patterson at Service@SpringtreeGroup.com.

Springtree Group works to connect qualified buyers with the right insurance agencies for sale to facilitate a successful transition event that works for both parties.

At Springtree Group, we do not claim to be all things to all people, but our knowledge, expertise, and experience regarding insurance agency transition events are all-encompassing. When you work with STG, you’ll be provided with a complete program of acquisition process development, surrounded by a full suite of financing tools in this very specific and hard to finance insurance agent and brokerage space.