Investor Presentation – October 2022
Disclaimer
This presentation may contain forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. All statements other than statements of historical facts contained in this presentation, including information concerning our possible or assumed future results of operations and expenses, business strategies and plans, competitive position, business and industry environment and potential growth opportunities, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Given these uncertainties, you should not place undue reliance on any forward-looking statements in this presentation. Except as required by law, we disclaim any obligation to update any forward-looking statements for any reason after the date of this presentation, or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.
Further information on potential factors that could affect the financial results of
This presentation is strictly confidential, is for informational purposes only and may not be relied upon in connection with the purchase or sale of any security. You may not disclose any of the information contained herein to any other parties without our prior express written permission.
This presentation shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Rapid and Responsible Organic Growth
New Business and Renewal Premium Growth
|
1,600 |
||
|
1,500 |
||
|
1,400 |
||
|
1,300 |
||
|
1,200 |
||
|
($M) |
1,100 |
|
|
1,000 |
||
|
Volume |
900 |
5 Year CAGR: 45% |
|
800 |
10 Year CAGR: 40% |
|
|
Premium |
700 |
|
|
600 |
||
|
500 |
400
300
200
100
- 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
|
Renewal Business |
New Business |
|
Corporate and Franchise Channel Premium Growth
|
1,600 |
||
|
1,500 |
||
|
1,400 |
||
|
1,300 |
||
|
1,200 |
||
|
($M) |
1,100 |
|
|
1,000 |
CAGR Since 2019 |
|
|
Volume |
900 |
Corporate: 31% |
|
800 |
Franchise: 52% |
|
|
Premium |
||
|
700 |
||
|
600 |
500
400
300
200
100
- 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
|
Franchise Channel |
Corporate Channel |
|
1 5 and 10 year CAGR calculations through
Investment Highlights
Disruptive model positioned to substantially grow in a massive and fragmented industry
Outpaced revenue growth driven by strategically solving industry challenges
Comprehensive value proposition for clients, agents and carriers
Highly developed recruiting strategy with experienced evaluators of talent
Robust and innovative technology platform supports high growth business model
Committed and capable management team with ambitions of industry leadership
Recurring revenue with strong future visibility and expanding long-term margins
Personal Insurance Market Large and Highly Fragmented
Industry historically has struggled to find the right way to best serve the needs of customers
|
|
Captive Agencies |
Carriers Direct To |
||||||
|
Owned By Carriers |
Customer |
|||||||
|
Offers products from multiple |
Largely very small businesses |
Largely very small businesses |
||||||
|
Key |
||||||||
|
carriers with the support of a |
One carrier which sells |
|||||||
|
which sell products from |
which sell products from only |
|||||||
|
Attributes |
best-in-class service |
products directly to clients |
||||||
|
multiple carriers |
one carrier |
|||||||
|
organization |
||||||||
|
Product |
||||||||
|
Choice |
||||||||
|
Service |
||||||||
|
Quality |
||||||||
1
|
|
|
|
|
$1281 |
|
|
70% |
1 |
||
|
Premiums |
61% |
|
||
|
41% |
||||
|
59% |
||||
|
89% |
||||
|
39% |
30% |
|||
|
11% |
Home Auto
Source:
- Represents GSHD 2021 total written premiums excluding commercial and excess liability premiums and 2019 premiums for the industry, the most recently available data.
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Disclaimer


Assurant to Announce Third Quarter 2022 Financial Results
Personal Financial Services Market Set for More Growth : Morgan Stanley, Barclays, Aon, OMNI Financial Services
Advisor News
- Embracing a family-centric approach to financial planning
- Family communication: Financial planning’s growing blind spot
- Americans aren’t turning retirement plans into action, LIMRA finds
- Ashley Hinson ‘death tax’ story collides with truth
- How advisors can prepare clients for an uncertain retirement landscape
More Advisor NewsAnnuity News
- Investigation finds deceptive sales, churning of annuities targeting postal workers
- Corebridge annuity sales slip ahead of Equitable marriage
- California teachers settle class-action lawsuit over in-plan annuity fees
- Jackson Financial CEO caps 40-year career with blockbuster Q2
- Lumos Insurance introduces the Immediate Care Plan to help families fund long-term care
More Annuity NewsHealth/Employee Benefits News
- Medicare Reset Series 2027, Part 2: Difference between Supplements and Advantage Plans explained.
- California sets aside $250 million for public hospitals. Bay Area officials say it falls far short
- Louisiana hospitals see sharp uptick in uninsured patients after Obamacare subsidies expired
- Louisiana hospitals see sharp uptick in uninsured patients after Obamacare subsidies expired
- CareScout Redefines Worksite Long-Term Care Insurance With a Solution That Goes Further for Employers and Employees
More Health/Employee Benefits NewsLife Insurance News
- Built to Last: Winston-Salem—a quiet industrial powerhouse
- The silver economy ushers in a new era of life insurance growth
- Family communication: Financial planning’s growing blind spot
- Indiana eyes more oversight of insurance companies' exposure to private credit
- HEALEY-DRISCOLL ADMINISTRATION RETURNS $14.5 MILLION TO HEALTH AND DENTAL INSURANCE CONSUMERS AND BUSINESSES
More Life Insurance News