Confidential Information Memorandum (CIM) available upon receipt of our short online NDA.
Our client offers the ability for customers (and/or insurance agents) to use a website to enter a customer's information to get real-time personalized quotes for auto and homeowner insurance policies (from multiple independent insurance carriers as appointments allow). These quotes can be presented on the website for a follow through by insurance agents to bind the policy later. There are several companies which accomplished this capability (e.g. Gabi, Zebra, Jerry) by investing tens of millions of dollars. Otherwise, what is available to regular insurance agencies currently are cookie-cutter form and rating functionalities which are not possible to modify according to agencies' needs.
Depending on the acquirer's future business case, the capabilities our client developed can be used within weeks.
The founding team established partnerships to allow its own sales as an independent insurance brokerage, and developed the initial phase of back-end capabilities to get quotes online for auto and homeowner policies. Capabilities developed that can be worth for other companies (available to view via demo):
1. Online rating for auto and home policies. Our client developed the platform to capture full information from customers for auto and home policies, and get a quote for them for the insurance companies partnered with, and present these quotes online.
2. Besides these integrations, our client developed 2 Personalization engines, which can serve as differentiated customer-facing features, and address some of the existing customer pain points of buying insurance in the marketplace today.
3. Our client established partnerships to enable operations as an independent and technology-based insurance brokerage.
a. Appointments: Our client has appointments with some of the largest insurance companies in the nation.
Our client owns all code, processes, and websites which they will transfer in full to a buyer. The full tech stack and hosting will be disclosed under NDA.
Our client's 'ready to go' web site, tech, IP and insurance industry relationships will enable a buyer to scale further and immediately. NDA is required to secure comprehensive Confidential Information Memorandum (CIM).
Facilities: N/A
Growth & Expansion: The auto and home owner market is huge and many billions of dollars in current sales--is projected to keep expanding. The Web site and structure will allow the buyer to tap into this market via the Web and virtually overnight.
Financing: Sellers do not wish to provide financing.
Support & Training: As needed specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling: Other business interests.
To get more information about this Website- Real Time Quotes for Auto, Home insurance business for sale in
Dallas please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #271423 on BizBen.com. In addition to phoning
Rick Carlson, make sure you email Rick Carlson above to get more info about this
Website- Real Time Quotes for Auto, Home insurance, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01820673. ProNova Partners.
Related Links & Information Regarding This Posting
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Part webinar, part live podcast these BizBen Sessions are held on Weds at Noon. These FREE live sessions consist of topics related to buying and selling small to mid-sized businesses. Online topics regarding buying and selling small businesses are discussed by the top professionals in the industry.
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Buying a business? Need financing? For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory/loan placement services with SBA Loans, Non SBA Financing. Call me today business purchase financing & to get pre-qualified before you buy or sell: 925-785-3118.
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Confidential Information Memorandum (CIM) available upon receipt of our short online NDA.
