Well-Established South Bay Mercury & P&C Book
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Well-Established South Bay Mercury & P&C Book
This South Bay-based Mercury and Independent Property & Casualty book of business has provided comprehensive coverage of its community’s evolving needs for nearly 30 years. Thanks to long-standing relationships with top carriers such as Mercury, Safeco, Kemper, Progressive, National General, Foremost, and Pacific Specialty, the business operates as a comprehensive insurance hub.
Potential Buyers of this book MUST have a California Mercury Appointment.
Individuals and local business owners have long benefited from tailored auto,general liability, renters, commercial, watercraft, motorcycle, and umbrella policies. The Seller boasts high retention rates and a stable base of long-term clients. Retention is approximately 93% for P&C, representing stable, long-term clients. The policy breakdown is approximately 23% homeowners, 70% auto, and 5% commercial. There are 806 Mercury policies.
The use of modern technology has made processes more efficient, turning the operation into a turnkey operation for a Buyer.
The business uses QQ Catalyst CRM and integrated rating platforms, including FSC Rater and PL Rater.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Potential Buyers of this book MUST have a California Mercury Appointment.
Individuals and local business owners have long benefited from tailored auto,general liability, renters, commercial, watercraft, motorcycle, and umbrella policies. The Seller boasts high retention rates and a stable base of long-term clients. Retention is approximately 93% for P&C, representing stable, long-term clients. The policy breakdown is approximately 23% homeowners, 70% auto, and 5% commercial. There are 806 Mercury policies.
The use of modern technology has made processes more efficient, turning the operation into a turnkey operation for a Buyer.
The business uses QQ Catalyst CRM and integrated rating platforms, including FSC Rater and PL Rater.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
- Years in Operation
- 31
- Employees
- 5 Full-time
- Facilities & Assets
- Excellent location at $2,900 per month. Since this is primarily a book roll, Buyer will have the option to take over the current space/lease or find another Mercury-approved location nearby in the busy South Bay communities.
- Market Outlook / Competition
- Through long-term Mercury relationships and new marketing and lead-generation efforts, competitors do not offer the same competitive carriers or customer service.
- Opportunities for Growth
- Hiring additional agents and conducting targeted advertising would be beneficial, as would focused cross-selling efforts.This means greater diversification and opportunities for adding new clients and cross-sales with Home and Auto insurance.
About the Sale
- Seller Motivation
- The Seller plans to focus on his healthcare book of business.
- Transition Support
- To ensure a smooth transition and ongoing success, the Seller will work with a buyer for a month, longer as anon-call consultant, or as negotiated.
- Financing Options
- May be entertained under agreeable terms and conditions.
Listing Info
- ID
- 2531812
- Listing Views
- 15
Listing ID: 2531812 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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