Asking Price: Offers in the region of £400,000
Current Gross Revenue / Commission Income c£580,000 p.a.
Annualised Gross Written Premium (GWP) of approximately £1.15m.
Approximately 2,700 active policies in force.
Four employed advisers are generating new business.
Lead generation is entirely in-house via social media, referrals, reviews and owned digital assets.
Key Strengths:
• Comprehensive Coverage Tailored to Individual Needs
Providing insurance policies that are customized to meet the specific needs of clients. This ensures that each policyholder receives adequate and relevant protection.
• Diverse Insurance Products
Offering a wide range of insurance products, including life insurance and critical illness cover, addressing various aspects of personal and financial protection.
• Strong Relationships with Reputable Insurance Companies
Maintaining partnerships with well-regarded insurance providers to ensure clients have access to reliable and quality insurance products.
• Exceptional Customer Service
Delivering top-notch customer service that is transparent, accessible, and tailored to individual needs. This includes clear communication and support for all clients.
• Adaptability to Market Changes
Continuously monitor and respond to market trends and changes to provide up-to-date products and services that meet evolving customer needs.
• Track Record of Consistent Performance and Customer Satisfaction
Demonstrating a history of reliable performance and high levels of customer satisfaction, ensuring trust and long-term client relationships.
Business Profile:
This is a unique opportunity to acquire a leading Insurance brokerage specialising primarily in in-come protection. They also offer life insurance and critical illness cover. Additionally, the compa-ny provides services for home insurance, private medical insurance, and accident cover.
The Business was established over 10 years ago and since then, few, if any, competitors have di-rectly matched its scale in offering income protection policies.
The brokerage enjoys a strong reputation with the insurance companies it collaborates with and consistently receives positive customer feedback. The business has a high number of trusted re-views and has strong relationships with the database of over 2,700 active clients, with ongoing sales potential.
The brokerage partners with reputable firms on its panel, such as Legal & General and Vitality Life. Additionally, it regularly receives offers of work from other insurance companies, which it can consider adding to its panel upon selection.
