**NEW LISTINGS** Insurance Agencies for Sale, October 2021

While we were preparing this October 2021 edition of the STG Insurance Agency Sales Alerts publication, it was noteworthy that middle-market buyers are still quite excited and motivated about the growth opportunities right now. More specifically, they are most interested in:

  • Gaining more critical mass to leverage expenses, commission structures and contingencies
  • The possibility of entering new geographic markets and thus gaining new insurance markets
  • Backfilling any existing organic growth gaps
  • Better utilization of operating efficiencies / specialty resources

For those middle-market buyers interested in growth for the above reasons, it will be most beneficial for you to use a multi-level approach. By this, we mean making utilizing the client’s local market intelligence in concert with Springtree Group’s well-tested and effective deal origination tools. By putting a multi-level strategy into play, we’ll be able to reach approximately 90% of the agency owners who currently have not yet announced their intent to sell.

THE FOLLOWING THREE LISTINGS ARE A SAMPLE ONLY. We have information about many insurance agencies for sale that are not yet known to the public. For a complete list of agencies for sale all across the US please reach out to us via email at service@springtreegroup.com.

SHOP C: Texas. A solid 25-year-old independent book of Group Health business is now available for sale. The firm is changing direction, forming a bank, and is divesting of this block. The new bank will be providing leads to the buyer. There are no ongoing expenses and the owner runs this book remotely. Carriers include BC/BS, Principal, Aetna, Humana, UHC and more.
Reported Revenue: $284K / Asking Price: 2.5X / Tracking Code: STXDS


SHOP E: Florida and Connecticut. This established independent Property and Casualty agency is now for sale. The agency offers a broad spectrum of P&C products. Primary focus is predominantly HO (85%) with the balance (15%) being Commercial & Auto. Primary carriers include Mercury, Safeco, Travelers, Nationwide, and many more.
Reported Revenue: $160K / Asking Price: 1.87X / Tracking Code: DFLLF


SHOP G: New York. An Independent P&C Agency that has been doing business since 2014 is now for sale. This agency gets a lot of walk-in traffic, and the location is important to maintaining the customer base. The agency has one employee who is bilingual and has been with the agency for two years. Primary carriers include Safeco, Mercury, National General, Progressive, Foremost, and more.
Reported Revenue: $300K / Asking Price: 2X / Tracking Code: DNYTL

Being associated with STG provides you access to the strongest array of M&A tools and financing to support your acquisition, perpetuation, and operational needs in North America, South America, Europe, Africa, and the Bahamas. Please email Service@SpringtreeGroup.com for more information on the agencies listed in today’s alert or for a complete list of all agencies for sale.