Buying Individual Book of Business in WA State

Mar 21, 2016

  1. insurance404
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    insurance404 Super Genius

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    State:
    Washington
    Call me crazy, but Im looking to buy a book of Individual Health Insurance in Washington State.

    I have created an automated and extremely streamlined system for getting clients signed up...many agents are frustrated with the WA HealthPlanFinder or want to exit, but not sure how or where to go? The multiple is probably only 1.0X since its a bit volatile, but Im willing to double down.

    I've never bought a book of business as Im growing like crazy organically...but Im about to hire another employee and want to have the volume to keep them busy.

    1. What is some advise on what to DO & NOT to Do?
     
  2. sman
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    sman Guru

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    sman, Mar 21, 2016
    #2
  3. Tkruger
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    Tkruger Guru

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    State:
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    ^-----what he said.
     
    Tkruger, Mar 21, 2016
    #3
  4. sman
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    sman Guru

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    To add to this, if you want to expand to Georgia I have a book I will sell you.
     
    sman, Mar 21, 2016
    #4
  5. DS4
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    DS4 Guru

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    State:
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    California is only 2 states away. Make me an offer.
    My BOB is 99% health, 1% life & dental.
     
    DS4, Mar 21, 2016
    #5
  6. Yagents
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    Yagents Guru

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    Expand to my states, and I'll sell it to you for 0.25%
     
    Yagents, Mar 21, 2016
    #6
  7. DanteThompson
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    DanteThompson Expert

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    Crazy maybe, but this guy may be on to something. More clients in your database means more opportunities to upsell another line of insurance.
     
  8. SamIam
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    SamIam Guru

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    This is why I never did drugs.
     
    SamIam, Mar 22, 2016
    #8
  9. Tkruger
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    Tkruger Guru

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    State:
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    :D :laugh: :D :err: LMAO!
     
    Tkruger, Mar 22, 2016
    #9
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