Insurance related companies constitute one of the largest sectors of overall business in the United States. Insurance carriers and related activities contributed $450.3 trillion, or 2.6% of the US Gross Domestic Product in 2014, according to the US Bureau of Economic Analysis.
Net premiums written totaled $1.2 trillion in 2015, with premiums recorded by life and health insurers accounting for 55% and premiums from property and casualty insurers accounting for 45%, according to S&P Global Market Intelligence.
The industry employed 2.6 million people in 2016, according to the US Department of Labor. Of those, 1.5 million worked for insurance companies and the remaining 1.1 million worked for insurance agencies, brokers and other insurance-related enterprises. There were 5,926 insurance companies in the nation in 2015, operating in the areas of property and casualty, life annuities, health, fraternal, title, risk retention and other areas, according to the National Association of Insurance Commissioners.
The sheer size and scope of the industry indicates a tremendous appetite for insurance products. And with that comes the success of companies that provide them.
If you are considering the purchase or sale of an insurance business, Transworld is committed to ensuring the best deal for all parties involved. Transworld's business advisors will meet with each prospective insurance business buyer to determine your abilities and interests, educate you about the search and buying process, and connect you with insurance business sellers that match your criteria.
If interested in selling your insurance business, Transworld's experienced advisors will offer you full marketing support, including expert valuation and strict confidentiality, as they introduce you to suitable prospective buyers. Transworld will be involved at all stages until the insurance business changes hands and even beyond.
Click here to find our listings of insurance businesses for sale. We offer a detailed description of each insurance business for sale, along with some basic business information, such as price, down payment, number of employees, and current inventory.
Active Insurance Businesses Listings
Virginia Beach Based Insurance Agency
- 50,000.00 USD
- Location:Virginia Beach, Virginia
- Down Payment: 50,000.00USD
- Earning: 0.00USD
- Listing #:12451-85840
Consistent book of business consisting of both personal and commercial policies • Multiple carriers • Consistent growth and earnings • Established bo...
Great Insurance Agency Opportunity
- 275,000.00 USD
- Location:Fort Smith, Arkansas
- Down Payment: 0.00USD
- Earning: -2,766.00USD
- Listing #:7953-59211
Established independent local insurance agency with multiple locations for sale.
Owner will consider some Owner Financing! P & C Insurance Agency
- 375,000.00 USD
- Location:Warner Robins, Georgia
- Down Payment: 375,000.00USD
- Earning: 91,000.00USD
- Listing #:80521-73501
Successful P and C insurance agency which has been in business for over 20 years. Currently about 60% auto, 30% property, and 10% commercial. About 65% i...
301292-CG Captive Insurance Agency in Chesterfield County
- Down Payment: 0.00
- Earning: 150,000.00
- Listing #:9525-301292
This nationally branded Insurance Agency is offered well below market as seller must sell. Agency has been in biz for 2 years. Great location and very good...
Leading Farmers Insurance Agency
- Down Payment: 995,000.00
- Earning: 431,171.00
- Listing #:17441-626835
This top farmers Insurance Agency. Located in the Twin Cities metro area. The owner has been part of the community for over 30 years and will work with the...