Stewart Agency, Inc.

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Stewart Agency, Inc. - overview

Established

1985

Location

-, NY, US

Primary Industry

Insurance

About

Stewart Agency, Inc. is a US-based insurance agency specializing in a comprehensive range of insurance products designed for both individuals and businesses, particularly in the Elmira and Corning, NY areas. Stewart Agency, Inc. operates as an insurance agency focused on providing tailored coverage options.


Founded in 1985 and based in the United States, the agency has engaged in one significant deal to date. In December 2025, King Risk Partners, a portfolio company of Lightyear Capital and BHMS Investments, acquired Stewart Agency, Inc. Stewart Agency, Inc. specializes in providing a diverse range of insurance products aimed at meeting the needs of both individuals and businesses in the Elmira and Corning, NY areas.


Their core offerings include auto insurance, homeowners insurance, renters insurance, life insurance, commercial insurance, and specialty coverages such as flood, watercraft, and motorcycle insurance. These products are designed to protect clients from financial losses associated with accidents, property damage, and liabilities, ensuring that customers are adequately covered against unforeseen events. The agency serves a broad client base, including individual consumers seeking personal insurance solutions and businesses requiring coverage for workers' compensation, general liability, and other commercial risks, primarily within New York State. Stewart Agency, Inc.


generates revenue through the sale of various insurance policies to individual and business clients. The transaction structure typically involves direct sales to consumers and businesses, with the company facilitating coverage through one-time premiums or ongoing policy renewals. Clients engage with the agency to obtain tailored insurance solutions, with pricing plans reflective of the specific policies selected. Each policy sold contributes to the agency's overall revenue stream, emphasizing customer retention through renewals that safeguard against risks.


Following its acquisition by King Risk Partners in December 2025, Stewart Agency, Inc. plans to leverage this partnership to enhance its service offerings and expand its market reach. The agency is strategizing to introduce new insurance products tailored to evolving client needs, although specific launch dates have not been announced. Additionally, it aims to penetrate new markets beyond New York State, with detailed plans in development as part of the growth strategy stemming from the acquisition rationale, which emphasized strengthening regional presence and broadening service capabilities.


Current Investors

King Risk Partners

Primary Industry

Insurance

Sub Industries

Commercial Insurance, Life Insurance, Personal Insurance

Website

www.stewartagency.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Stewart 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-onCompletedStewart Agency, Inc.-

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