Terrell Insurance Services, Inc.
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Terrell Insurance Services, Inc. - overview
Established
1989
Location
-, TX, US
Primary Industry
Insurance
About
Terrell Insurance Services, Inc. provides specialized insurance solutions, focusing on Employee Benefits, Health Insurance, Medicare, and Life Insurance, tailored to meet the diverse needs of clients across Texas and Oklahoma. Founded in 1989 and headquartered in Collinsville, US, Terrell Insurance Services operates as an independent insurance provider, specializing in various insurance products. The company was acquired by RSC Insurance Brokerage, Inc.
, a portfolio company of Kelso & Company, in March 2017. Terrell Insurance Services offers a comprehensive range of insurance solutions, specializing in Employee Benefits, Health Insurance, Medicare, and Life Insurance. The agency collaborates with major insurance carriers to create tailored plans for its diverse clientele, which includes small to midsize businesses, Medicare-eligible individuals, and families across Texas and Oklahoma. The firm emphasizes personalized service, particularly in helping clients navigate Medicare planning and make informed decisions regarding their insurance coverage.
Terrell Insurance Services operates on a commission-based revenue model, where it is compensated by insurance carrier partners for policies sold to clients. Revenue generation is directly tied to the successful placement of insurance policies through consultations, both virtually and in-person, that provide tailored advice on insurance options. Following its acquisition by RSC Insurance Brokerage, Inc. in March 2017, Terrell Insurance Services aims to enhance its service offerings and expand into new geographic regions.
The company is exploring opportunities to introduce new insurance products and potentially expand its market reach beyond Texas and Oklahoma. Specific details regarding the timing of these initiatives have not been disclosed.
Current Investors
Risk Strategies
Primary Industry
Insurance
Sub Industries
Life Insurance, Insurance Intermediaries, Health Insurance
Website
www.terrellinsurance.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Terrell Insurance Services, 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 | Terrell Insurance Services, Inc. | - |
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