Corporate Finance Advisors

Insurance Agencies/Brokerages

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Industry Description

This U.S. industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in selling annuities and insurance policies .

Benchmark Data

$1 Million - $5 Million Net Sales

  • MVIC/Net Sales: 1.63
  • MVIC/Gross Profit: 1.94
  • MVIC/SDE: 5.1
  • MVIC/EBITDA: 6.46

Statistics (Insurance Brokers & Agencies)

  • Number of Establishments: 434,239
  • Average Profit Margin: 17.5%
  • Revenue per Employee: $185,000
  • Average Number of Employees: 2.5
  • Average Wages per Employee: $64,846

Locations

Miami

777 Brickell Ave
Miami, FL 33131

(305)424-8771

New York

44 Court Street Brooklyn, #1217
Brooklyn, NY 11201

(646)480-1664

Toronto

5160 Explorer Dr.
Mississauga, ON L4W 4T7

647-367-8457