The company is an independent, business-to-business (B2B) provider of financial products, which include term & permanent life insurance and annuity products to independent agents.
Key Aspects
· According to ownership as of Q2 2023, life insurance portfolio of 42,900 plus policies totaling $50 billion in policy value with automatic annual renewals
· Licensed to do business in all 50 states with exclusive access to insurance providers, proprietary products, and key industry experts in the market
· Long-standing affiliations with some of the largest, most reputable insurance providers in the nation
· Talented life insurance underwriting support team with more than 50 years of experience
Opportunities
· Expand product offerings to include property and casualty insurance, workers compensation, and commercial insurance
· Expand B2B life insurance sales channels to include B2C clientele
· Recent acquisition has increased insurance product offerings and client base for cross-sell opportunities to high-net worth individuals, many of whom own businesses in other industries
Headquartered
· North Texas
Current Markets
· The company works B2B with insurance carriers and independent insurance agents to provide term & permanent life insurance products.
Real Estate
· The company operates from an office space in North Texas, which is leased from an unrelated third party.
Shareholder Objectives
· Ownership is open to remaining with the company in a consulting role for a negotiable period post-sale to assist with future growth, or a full eventual exit, dependent on deal structure. Ownership is open to various deal structures to facilitate a transaction.
