HS Listing ID-62589
---Located In Pennsylvania but can be managed anywhere in the United States---
With over 35 years of expertise in Errors & Omissions Insurance (E&O) and newly created cyber liability insurance, this established insurance brokerage offers unparalleled protection for real estate and related professionals against claims arising from negligence or breach of contract. Operating on a national scale, the business ensures comprehensive coverage for companies and agents across the country. Its robust partnerships with top-rated E&O programs enable the submission of clients’ risks to A-rated carriers in the marketplace. Currently managing approximately 200 accounts, this company presents a remarkable opportunity for those looking to enter the insurance industry or for established insurance firms aiming to expand their portfolio amidst the growing requirement for E&O coverage, and affording substantial opportunity for cross-marketing.
Business Details:
Owner Operated
Business has been in place for over 35 years.
Nationally Licensed (any new owner would need licenses to operate in any state business is being conducted).
Approximately 200 accounts, which is recurring revenue and a book of business.
The only expenses on the business are the costs of premiums paid, phone, and internet.
Growth Opportunities:
Expansion for an existing insurance agency/brokerage to acquire a book of business.
New Buyer can cross sell and upsell their current book of business.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2407384
