Commercial insurance book of business sale. Located in City, State.
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Asking Price
$1,800,000
Detailed Information
Woodland Hills, California - South, US
Not Provided
NA
Business Description
This acquisition opportunity involves a book of business in the commercial insurance sector. The portfolio comprises various policy types, including commercial trucking, household goods moving, as well as general liability, employment practices, and workers' compensation policies, along with personal auto policies. The company, established in 2006, manages about 1,180 policies across 968 clients, totaling $3.9 million in premium value. Key carriers include National General, Berkshire Hathaway, and A-One Commercial. Operating since 2006, this business does not have a physical office and is run by five offshore employees. The buyer has the option to retain or release these employees, offering flexibility in management. Interested parties need to sign a non-disclosure agreement (NDA) to access a detailed Confidential Information Memorandum (CIM) prepared by ProNova Partners. This setup makes it an attractive bookroll for potential acquirers seeking opportunities in the commercial insurance space. The Book of Business provides a unique opportunity for buyers seeking