CSE Insurance Agency, Inc.
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CSE Insurance Agency, Inc. - overview
Location
-, VA, US
Primary Industry
Insurance
About
CSE Insurance Agency, Inc. provides comprehensive insurance solutions, focusing on tailored coverage options to meet the diverse needs of its clients while ensuring responsive customer service and support. CSE Insurance Agency, Inc. is focused on offering specialized insurance services.
The company was acquired by Hilb Group, a portfolio company of BHMS Investments, in Q4 2012, although financial terms were not disclosed. The agency is based in Abingdon, US. CSE Insurance Agency, Inc. specializes in a broad range of insurance products and services designed to meet diverse industry needs.
The core offerings include various insurance solutions tailored to the requirements of small to medium-sized enterprises and large corporations across sectors such as retail, technology, and healthcare. Their services are distributed primarily in North America and Europe, where they have established a significant client base that benefits from innovative insurance offerings developed in recent years. The company generates revenue through a commission-based structure from insurance policy sales, alongside service fees for specific insurance-related projects. Clients typically enter into annual contracts for their insurance needs, allowing businesses to manage their coverage effectively throughout the year.
The company also engages in partnerships with various distributors to enhance product outreach, ensuring steady cash flow while delivering tailored solutions to its clients, thereby reinforcing long-term relationships and client satisfaction. In the near future, CSE Insurance Agency, Inc. plans to enhance its product offerings by introducing new insurance products tailored for small businesses, with anticipated rollouts set for 2023. The company is also looking to expand its operations into the European market by the end of 2024, focusing on increasing its client base in that region.
The acquisition by Hilb Group in 2012 is expected to provide the necessary resources to support these initiatives and further enhance their service delivery.
Current Investors
The Hilb Group, LLC
Primary Industry
Insurance
Sub Industries
Insurance
Website
www.cseagency.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
CSE Insurance Agency, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | CSE Insurance Agency, Inc. | - |
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