Kellogg Insurance Marketing, Inc.
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Kellogg Insurance Marketing, Inc. - overview
Established
1980
Location
-, UT, US
Primary Industry
Insurance
About
Kellogg Insurance Marketing, Inc. is a company focused on training and supporting insurance agents, specifically in the senior health insurance sector, ensuring effective service delivery to clients. Kellogg Insurance Marketing, Inc. specializes in providing resources for insurance agents in the senior health insurance market.
Founded in 1980 and headquartered in the US, the company was acquired by Integrity Marketing Group, LLC in April 2021. The founder's specific history is not provided. The company has engaged in a single deal as of April 6, 2021. Kellogg Insurance Marketing specializes in training and supporting insurance agents, particularly in the senior health insurance sector.
Their core offerings include comprehensive tools such as a Customer Relationship Management (CRM) system for agents, a quoting platform, online enrollment tools, and a consumer quoting and enrollment platform. These tools facilitate a seamless experience for agents and their clients, ensuring that seniors can effectively navigate their Medicare and health insurance options. The company primarily targets the expanding market of 50 million seniors across the United States, providing essential resources that empower agents to assist their clients in making informed decisions regarding their health coverage. Kellogg Insurance operates nationwide, offering services in all 50 states, thereby maximizing their reach and impact within the senior insurance market.
Kellogg Insurance generates revenue through partnerships with various financial marketing organizations (FMOs) and managing general agents (MGAs), emphasizing B2B relationships. The structure of their transactions typically involves commissions earned from policies sold by agents trained and supported by Kellogg Insurance. Their focus on senior health insurance products, particularly Medicare options, allows for a direct-to-consumer approach where agents provide personalized consultations and enrollments. The financial framework is built on the successful recruitment and training of agents, enabling them to utilize Kellogg’s proprietary tools and platforms effectively, ensuring a consistent revenue stream derived from the sales generated within the senior insurance market.
Following the acquisition by Integrity Marketing Group, LLC, Kellogg Insurance Marketing plans to leverage Integrity’s proprietary quoting and enrollment technology, data and analytics tools, and product development initiatives for long-term growth. The investment will support the development of their exclusive MedicareCENTER platform. Specific upcoming products and release dates have not been disclosed, nor have targeted new geographic markets. However, the recent funding will facilitate the enhancement of their offerings and operational capabilities.
Current Investors
Integrity Marketing Group LLC
Primary Industry
Insurance
Sub Industries
Insurance
Website
www.kelloggins.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Kellogg 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 | Completed | Kellogg Insurance Marketing, Inc. | - |
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