Merger & Acquisition Advisory
Insurance industry-specific advisory services tailored to both buyers and sellers. Clients include risk bearing carriers, insurance start-ups, insurance shell companies, managing general agents (MGAs), insurance wholesalers, risk retention groups (RRGs), fraternal organizations, captive insurers, third party administrators (TPAs) and independent insurance agents. Whether you are looking to acquire or sell an insurance company, we will provide the most accurate and candid solutions.
To expedite time to market, many buyers may look to acquire an insurance shell company. Through our extensive network of contacts and market knowledge, Prisco Consulting helps parties locate and target the most appropriate opportunities for the life, health, and property casualty industries.
We also assist sellers with their insurance shells and unwanted carriers. For those parties considering a sale, Prisco Consulting has unmatched knowledge of the current demand for insurance licensing. We provide sellers with proprietary knowledge on recent transaction information, current market conditions, and realistic price expectations. Should a seller decide to retain our services, Prisco Consulting would approach the most viable buyers on their behalf and even mass market the company at the seller’s discretion. Buyer screening, data disbursement, and negotiation assistance are just a few of the services provided throughout the process.
Prisco Consulting provides start-up solutions for new insurance carriers and existing companies looking to expand. From parties in the market for a nationwide insurance company to small regional shells, we offer viable solutions to fit every business need.
Our unmatched work ethic and unique background can provide expert advice from business plan review to the acquisition of an insurance company. We have several capital sources that specialize in insurance transactions and have extensive third parties contacts that will help expedite the overall experience.
Prisco Consulting offers capital solutions for parties looking to grow and expand their insurance operation. Our expansive contacts range from large private equity firms to small regional investors. Opportunities include equity investments, hybrid instruments and/or surplus notes.
There are several practical solutions for parties looking to dispose of unwanted insurance liabilities. We have several viable clients (both life and property casualty) interested in acquiring unwanted policies and/or reserves that will allow a carrier to exit a specific line of insurance or provide for liquidity.
Renewal Rights Transactions
Prisco Consulting assists insurance carriers with the placement of renewal rights. For insurance companies that want to exit a market and/or sell their business, we provide realistic valuations and marketing assistance. Our extensive experience and market knowledge will help you achieve your goals in an expeditious manner.
Program and Fronting Carrier Placement
Prisco Consulting has extensive contacts to place viable insurance programs. As an insurance startup and shell expert we have firsthand knowledge of new insurance companies entering the market as well as established parties looking to expand their program writings. Should you have a viable insurance program, feel free to contact us to find an appropriate carrier (rated paper, front, etc.).
Valuations and Fairness Opinions
Prisco Consulting provides valuations and fairness opinions for insurance companies, producers, and insurance licenses. As an independent third party actively involved in transactions, we can provide proprietary market data on past transactions, and current demographic factors to ensure accurate and timely valuations. Our first-hand knowledge of market demand provides a realistic understanding of value and expectations.
Sample valuations are provided for:
- Insurance companies, risk retention groups (RRGs) or insurance shells
- Independent insurance agents, managing general agents (MGAs) or third party administrators (TPAs)
- Blocks of insurance assets, liabilities or renewal rights
- Intangible assets (insurance licenses) for GAAP financial statements (FASB 142)
Fairness opinions are provided for:
- The sale of an insurance company or MGA
- The sale of a company in liquidation or receivership
- Minority ownership in an insurance company or producer