Profitable, Specialty Insurance Agency
Business Description
This insurance agency specializes in Maritime and Commercial Insurance policies. Approximately 65% of the policies are of Maritime related insurance policies. The agency also does commercial and a smaller amount of Auto (abt 10%).. Maritime book is strong, consisting of high valued yachts and boats. Business has excellent carrier appointments. Seller is the sole producer for the agency. The retention rate is very strong for this line (90%). Great book to cross sell other personal lines. Seller will stay on, and train a new buyer as needed and would even stay on to write new business as a part time agent. Most of clients are from the South Florida area. Diversify your book or expand!!
Please refer to listing 7301-323816 and ask for David Ballou when inquiring.
Please refer to listing 7301-323816 and ask for David Ballou when inquiring.
About the Business
- Years in Operation
- 3
- Number of Employees
- 1
- Facilities & Assets
- Home-based
- Market Outlook / Competition
- This agency works within the niche maritime market and offers great carriers and services, separating it from others.
- Opportunities for Growth
- Great opportunity to cross sell other insurance and financial products.
About the Sale
- Seller Motivation
- Personal Reasons
- Transition Support
- Weeks: 2 Cost: $)
Listing Info
- ID
- 2410388
- Listing Views
Listing ID: 2410388 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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