Evolution Partners Insurance Marketing, Inc.
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Evolution Partners Insurance Marketing, Inc. - overview
Established
2016
Location
Yorba Linda, CA, US
Primary Industry
Insurance
About
Evolution Partners Insurance Marketing, Inc. is a US-based company that connects independent insurance agencies with preferred carriers, facilitating growth while safeguarding financial stability. Evolution Partners Insurance Marketing, Inc. was founded in 2016 and is headquartered in Yorba Linda, California, US.
The company specializes in enabling independent insurance agencies to access direct carrier appointments, effectively enhancing their operational capabilities without high premium commitments. No significant pivots or changes in business strategy have been noted since its inception. Evolution specializes in providing independent insurance agencies with direct access to preferred carriers, enabling them to effectively grow their businesses without compromising their financial stability. Their core offerings focus on facilitating carrier appointments, allowing agencies to maintain control over their client books and maximize their commission structures.
By supporting agencies in overcoming common challenges such as limited access to direct carrier appointments and high premium commitments, Evolution aims to empower its clients to expand their operational capabilities. Their services are designed for independent agencies across various geographical markets, including the United States, focusing on enhancing agency autonomy and growth potential. The client base primarily consists of independent insurance agents and agencies looking for strategic partnerships that offer ongoing support and access to new opportunities. The revenue model for Evolution is based on membership and partnership structures that facilitate direct relationships between independent agencies and insurance carriers.
When agencies apply for membership, they gain access to a network of carriers without the burden of high premium commitments, which allows them to focus on growing their business. The transaction structure typically involves partnerships where agencies receive support in securing carrier appointments, effectively generating revenue through the commissions earned on policies written under their names. While specific pricing plans for membership or service offerings are not detailed, the emphasis on maximizing commissions indicates a transactional framework that benefits both Evolution and its agency partners through shared success in the insurance marketplace. Currently, there are no specific details regarding upcoming products or geographic expansion plans available.
Recent funding will likely be utilized to support ongoing operations, though specific initiatives or timelines were not disclosed.
Primary Industry
Insurance
Sub Industries
Personal Insurance, Life Insurance, Commercial Insurance, Claims Administration & Processing
Website
www.evolutionpartnersins.com
Total Amount Raised
Subscriber access only
Evolution Partners Insurance Marketing, 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, Corporate Carve Out | Completed | Evolution Partners Insurance Marketing, Inc.'s Agency Network Business | - |
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