Kerr Agency, Inc.

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Kerr Agency, Inc. - overview

Established

1927

Location

Simsbury, CT, US

Primary Industry

Insurance

About

Kerr Agency, Inc. is a specialized insurance agency offering a wide array of insurance solutions tailored for individuals and businesses, primarily operating in Connecticut, US. Kerr Agency, Inc. focuses on providing comprehensive insurance services.


Established in 1972 in Simsbury, Connecticut, the agency has maintained its core offerings without pivoting its business strategy. The company was founded by individuals whose details are not publicly available. Kerr Agency, Inc. has engaged in 1 deal, with the most recent deal dated February 18, 2025.


Kerr Agency, Inc. specializes in providing a comprehensive range of insurance solutions designed to meet the diverse needs of individuals and businesses across Connecticut. The agency offers personal, business, life, and health insurance, aiming to deliver tailored coverage that addresses specific client requirements. These services are structured to offer clients peace of mind, whether they are seeking to protect their homes, businesses, or health.


The core clientele includes individuals, families, and small to medium-sized businesses seeking reliable insurance coverage. Operating primarily within the state of Connecticut, Kerr Agency focuses on understanding the unique risks faced by its clients, enabling them to provide customized solutions that enhance their clients' overall security and financial stability. Kerr Agency, Inc. generates revenue through the sale of various insurance policies, which are structured as direct transactions between the agency and its clients.


Clients can engage with the agency to request quotes for different types of insurance products, which may involve personalized consultations to assess their specific needs. Revenue is derived from the premiums collected on these policies, which are typically billed on an annual or semi-annual basis, depending on the terms agreed upon with the client. The agency’s offerings include flagship products in personal and business insurance categories, designed to cater to the unique circumstances of their clientele. Each policy is priced based on a range of factors, including coverage limits, deductibles, and the type of insurance chosen, ensuring that the agency can provide competitive, tailored solutions to its diverse customer base.


In February 2025, King Insurance Holdings Florida, Inc. , a portfolio company of BHMS Investments, acquired Kerr Agency, Inc. Financial terms of the transaction were not disclosed. This acquisition will strengthen King Insurance Holdings Florida, Inc.


's personal insurance solutions and enhance its presence in Connecticut, US.


Current Investors

King Risk Partners

Primary Industry

Insurance

Sub Industries

Consulting Services, Insurance Intermediaries

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Kerr Agency, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedKerr Agency, Inc.-

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