Schunke Insurance Agency Inc
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Schunke Insurance Agency Inc - overview
Established
1985
Location
West Seneca, NY, US
Primary Industry
Insurance
About
Schunke Insurance Agency Inc is a dedicated insurance agency specializing in a wide array of coverage, including auto, home, commercial, and life insurance, aimed at providing clients with tailored solutions and competitive rates. Founded in 1985 and headquartered in West Seneca, US, Schunke Insurance Agency Inc offers various insurance services. In August 2015, the agency was acquired by Confie Seguros, a portfolio company of ABRY Partners, with financial terms undisclosed. Schunke Insurance Agency Inc primarily offers comprehensive insurance products, including auto, home, commercial, and life insurance.
Their core service includes comparing policies from various providers to ensure clients receive optimal coverage at competitive rates. The agency specializes in homeowners insurance, customizing policies to meet individual customer needs and fostering strong client relationships. Schunke Insurance Agency Inc generates revenue through a commission-based structure from various insurance products and services. The agency engages directly with consumers, providing a streamlined quoting process for tailored coverage options.
Their offerings allow for bundling, enabling additional discounts for customers who consolidate their insurance needs, which supports revenue growth. While specific future products or services are not detailed, the agency's focus on enhancing its current offerings and maintaining customer relationships suggests a strategy for continual improvement. The acquisition by Confie Seguros in August 2015 indicates potential integration and resource sharing aimed at expanding market presence. Further updates on growth initiatives are anticipated as the agency aligns itself with the broader goals of its parent company.
Current Investors
Confie Seguros
Primary Industry
Insurance
Sub Industries
Commercial Insurance
Website
www.schunkeagency.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Schunke 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 | Schunke Insurance Agency Inc | - |
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