$1,800,000Well-Established South Bay Mercury & P&C Book For Sale
Business For Sale▣ Industry/Category:
Business For Sale in Torrance CA
This South Bay-based Mercury and Independent Property & Casualty book of business has provided comprehensive coverage of its community’s evolving needs for nearly 30 years. Thanks to long-standing relationships with top carriers such as Mercury, Safeco, Kemper, Progressive, National General, Foremost, and Pacific Specialty, the business operates as a comprehensive insurance hub.
Potential Buyers of this book MUST have a California Mercury Appointment.
Individuals and local business owners have long benefited from tailored auto, general liability, renters, commercial, watercraft, motorcycle, and umbrella policies. The Seller boasts high retention rates and a stable base of long-term clients. Retention is approximately 93% for P& C, representing stable, long-term clients. The policy breakdown is approximately 23% homeowners, 70% auto, and 5% commercial. There are 806 Mercury policies.
The use of modern technology has made processes more efficient, turning the operation into a turnkey operation for a Buyer.
The business uses QQ Catalyst CRM and integrated rating platforms, including FSC Rater and PL Rater.
NDA is required to secure the comprehensive Confidential Information (CIM) .
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