Alaska's Premier Allstate Elite Agency – $16.8M Book for Sale
Business Description
8% Policy Growth · 89% Retention · $1M+ Cash Flow · Fully Staffed
One of Alaska's fastest-growing Allstate agencies. Eight percent
year-over-year policy growth and twelve percent year-over-year
premium growth — while holding retention above 89% and a loss
ratio below 40%. Those numbers don't happen by accident.
THE FOUNDATION
Devery Prince opened this agency in 1994 and has operated it for
30 years, building one of the most recognized and trusted Allstate
brands in Anchorage. The core book reflects three decades of client
relationships — a client base that stays, bundles, and refers.
THE BUILD
Starting in 2022, the agency made a deliberate transformation. A
professional data-lead acquisition program was built from the
ground up — 16 active vendor campaigns, a Ricochet 360
dialer-driven outbound sales operation, and Lead Swami analytics
tracking every dollar spent and every dollar returned. In the past
12 months alone, the agency worked 13,694 leads at an average cost
of $13.31 per lead, generating 399 closed sales on a $181,282
investment that returned $188,848 in new premium written. That's a
funded, proven, transferable revenue engine.
THE TIMING
In January 2025, Allstate launched its new ASC Auto product in
Alaska — making the carrier genuinely price-competitive on auto
for the first time in nearly a decade. ASC Homeowners followed in
November 2025. ASC Renters launched mid-2026. By year-end,
Allstate's entire product portfolio converts to the new platform.
A modernized sales infrastructure meeting a newly competitive
product lineup — that convergence produced 2025's numbers, and
both the infrastructure and the product competitiveness are here
to stay.
THE TEAM
15 dedicated staff members support the operation — 4 outside sales
LSPs working the dialer pipeline, 5 inside service LSPs handling
retention and cross-sell, a telemarketer, a retention/review
scheduling specialist, an onboarding and QC manager overseeing
claims and inspections, a 30-year Director of Operations, and a
receptionist. This team is trained, structured, and producing.
The buyer is not starting from scratch.
THE MARKET
Farmers Ins does not write in Alaska. USAA limits eligibility to military members, veterans, and their families. In Alaska, Allstate competes primarily against State
Farm, GEICO, and Progressive — with a brand-new competitive
product platform and a proven distribution engine already running.
THE PARENT COMPANY
Allstate reported Q2 2026 net income of $3.2 billion, a combined
ratio of 86.6, homeowners new business up 47%, and issued
applications up 10%. Management explicitly committed to growing
market share, investing in agent technology, and increasing sales
productivity. This is not a carrier in retreat. This is a carrier
that completed years of difficult underwriting discipline and is
now pressing the accelerator on profitable growth. Exclusive agents
with infrastructure to write quality bundled business are exactly
who Allstate is investing in right now.
THE BOOK
$16.8M in 12-month rolling written premium across three Allstate
sub-agent IDs. 8,881 policies in force. $9M in auto premium (53%),
$6M in homeowners (36%), with renters, condo, specialty auto, and
flood rounding out a diversified book. 89.4% retention. 40.1%
loss ratio. Allstate's 2025 performance bonus came in at $438,450
— 2.78% of written premium — after years of near-zero bonus during
the lean 2017–2024 period when Allstate was rebuilding its product
competitiveness nationally.
This agency is not being sold because it's struggling. It's being
sold because a 30-year owner has built it to its peak and is ready
to pass it to the right operator. The infrastructure is in place.
The market timing is right. The next owner shows up to a running
start.
The confluence of a purpose-built sales operation, newly
competitive products, a strengthening carrier, and an Alaska market
where Farmers doesn't even write policies creates a setup that a
buyer is unlikely to find again. This is the right agency, in the
right market, at the right moment.
year-over-year policy growth and twelve percent year-over-year
premium growth — while holding retention above 89% and a loss
ratio below 40%. Those numbers don't happen by accident.
THE FOUNDATION
Devery Prince opened this agency in 1994 and has operated it for
30 years, building one of the most recognized and trusted Allstate
brands in Anchorage. The core book reflects three decades of client
relationships — a client base that stays, bundles, and refers.
THE BUILD
Starting in 2022, the agency made a deliberate transformation. A
professional data-lead acquisition program was built from the
ground up — 16 active vendor campaigns, a Ricochet 360
dialer-driven outbound sales operation, and Lead Swami analytics
tracking every dollar spent and every dollar returned. In the past
12 months alone, the agency worked 13,694 leads at an average cost
of $13.31 per lead, generating 399 closed sales on a $181,282
investment that returned $188,848 in new premium written. That's a
funded, proven, transferable revenue engine.
THE TIMING
In January 2025, Allstate launched its new ASC Auto product in
Alaska — making the carrier genuinely price-competitive on auto
for the first time in nearly a decade. ASC Homeowners followed in
November 2025. ASC Renters launched mid-2026. By year-end,
Allstate's entire product portfolio converts to the new platform.
A modernized sales infrastructure meeting a newly competitive
product lineup — that convergence produced 2025's numbers, and
both the infrastructure and the product competitiveness are here
to stay.
THE TEAM
15 dedicated staff members support the operation — 4 outside sales
LSPs working the dialer pipeline, 5 inside service LSPs handling
retention and cross-sell, a telemarketer, a retention/review
scheduling specialist, an onboarding and QC manager overseeing
claims and inspections, a 30-year Director of Operations, and a
receptionist. This team is trained, structured, and producing.
The buyer is not starting from scratch.
THE MARKET
Farmers Ins does not write in Alaska. USAA limits eligibility to military members, veterans, and their families. In Alaska, Allstate competes primarily against State
Farm, GEICO, and Progressive — with a brand-new competitive
product platform and a proven distribution engine already running.
THE PARENT COMPANY
Allstate reported Q2 2026 net income of $3.2 billion, a combined
ratio of 86.6, homeowners new business up 47%, and issued
applications up 10%. Management explicitly committed to growing
market share, investing in agent technology, and increasing sales
productivity. This is not a carrier in retreat. This is a carrier
that completed years of difficult underwriting discipline and is
now pressing the accelerator on profitable growth. Exclusive agents
with infrastructure to write quality bundled business are exactly
who Allstate is investing in right now.
THE BOOK
$16.8M in 12-month rolling written premium across three Allstate
sub-agent IDs. 8,881 policies in force. $9M in auto premium (53%),
$6M in homeowners (36%), with renters, condo, specialty auto, and
flood rounding out a diversified book. 89.4% retention. 40.1%
loss ratio. Allstate's 2025 performance bonus came in at $438,450
— 2.78% of written premium — after years of near-zero bonus during
the lean 2017–2024 period when Allstate was rebuilding its product
competitiveness nationally.
This agency is not being sold because it's struggling. It's being
sold because a 30-year owner has built it to its peak and is ready
to pass it to the right operator. The infrastructure is in place.
The market timing is right. The next owner shows up to a running
start.
The confluence of a purpose-built sales operation, newly
competitive products, a strengthening carrier, and an Alaska market
where Farmers doesn't even write policies creates a setup that a
buyer is unlikely to find again. This is the right agency, in the
right market, at the right moment.
About the Business
- Years in Operation
- 31
- Employees
- 17 (15 Full-time, 1 Part-time, 1 Contractor)
- Facilities & Assets
- Professional office suite in Midtown Anchorage — 2,619 sq ft at
401 E. Fireweed Lane, Suite 200. Lease runs through December 31,
2028 at $3,757/month. Fully built out with dedicated workstations
for in-office and remote staff. All equipment, computers, phone
systems, and furnishings transfer with the sale.
Agency operates on a fully integrated technology platform: Lead
Swami lead management and analytics, Ricochet 360 dialer system,
CGI/HelloNation AEO/GEO digital marketing, Canopy Connect
insurance data aggregation, and a proprietary B File System for
household review management. Performology tracks staff KPIs in
real time. Three Allstate sub-agent IDs (031152, 0F0955, 0F0964)
included. All phone numbers, email addresses, websites, and social
media pages transfer. Buyer may negotiate a fresh lease with
tenant improvement allowance. - Website
- Show Website URL
- Market Outlook / Competition
- Alaska is one of the most competitively advantaged personal lines
markets in the country for Allstate right now. Farmers Insurance
writes neither auto nor homeowners policies in Alaska — one of the
largest national competitors is entirely absent from this market.
USAA limits eligibility to military members, veterans, and their
families — a meaningfully restricted buyer pool. That leaves
Allstate competing primarily against State Farm, GEICO, and
Progressive — with a brand-new ASC product platform that made
Allstate genuinely price-competitive in Alaska starting January
2025.
Nationally, Allstate just reported Q2 2026 net income of $3.2B,
a combined ratio of 86.6, and homeowners new business up 47% —
a carrier in full growth mode. Management has explicitly committed
to growing market share and investing in agent productivity. The
tide has turned — and this agency is already positioned to ride it.
Federal investment of $7B just announced for JBER 'Fighter Town' and Icebreakers in AK. - Opportunities for Growth
- Alaska has only 10 Allstate exclusive agents statewide — quote demand per agent has never been higher.
Our 12-month rolling premium grew from $14.97M (Jul-25) to $16.81M
(July-26) — 12% in 12 months. Policy retention improved from
88.45% to 88.98% across the same period.
The growth engine is funded and running: 13,694 leads worked in
the past 12 months at an average cost of $13.31/lead, generating
399 closed sales on a $181,282 investment that returned $188,848
in new premium. Positive ROI. Transfers fully to the buyer.
Allstate's 2025 bonus jumped to $438,450 (2.78% of WAP) as ASC
products drove competitive wins. ASC Auto launched in Alaska
January 2025. ASC Homeowners followed November 2025. ASC Renters
launched mid-2026. Full portfolio converts by year-end.
Allstate Q2 2026 showed issued applications up 10% and underwriting income
up 57% nationally — a carrier pressing the accelerator. Agencies
prepared to write quality bundled business have rarely faced a
better setup.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,619
- Rent
- $3,757 per month
- Lease Expiration
- 12/25/2028
About the Sale
- Seller Motivation
- 30-year owner retiring after building agency to peak performance.
- Transition Support
- Seller will provide up to 12 mos. of transition support — give or take 6 mos. as needed, for buyer security. Training covers Allstate systems and compliance, lead
management via the Lead Swami/Ricochet 360 dialer platform,
Performology KPI management, staff structure and culture, and key
client and referral relationships.
The Director of Operations carries 30 years of agency tenure and
will remain through the transition — she is the operational
backbone of the agency and represents irreplaceable institutional
knowledge. A fully trained team of 4 outside sales LSPs, 5 inside
sales/service LSPs, telemarketer, retention specialist, onboarding/QC
manager, and receptionist are in place and producing on day one.
Buyer inherits a machine, not a startup. - Financing Options
- Wintrust will finance $2.6M to $2.9M. Seller carryback at fair terms.
Listing Info
- ID
- 2543549
- Listing Views
Business Location
Listing ID: 2543549 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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