Independent Orange County Insurance Broker purchased a book of business in 2023 that contained a high percentage of clients bound by Progressive. With the inability to be issued a new appointment, the seller is doing what is best for the clients and offering the book to a verified Progressive-appointed agency.
The well-established Progressive Book contains 455 policies. 21% of the book has had policies for more than a decade. Those clients have been policyholders for an average of 15.5 years.
The combined commission for the trailing 12 months of 478 policies is $34,700.00. 46% of the business is motorcycle coverage.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
