Insurance Brokerage Business Plan



Format: MS Word (.doc) Download
ISBN: 0-97755823-2-1
Pages: 26


The Insurance Brokerage Business Plan sample is a comprehensive, formal business plan example detailing the launch of a start-up brokerage. The brokerage is owned by a single individual who has three years of experience as an insurance sales agent for an insurance carrier. Specializing in marketing and selling personal and business insurance to the local community, the brokerage offers high quality, personalized insurance services at very competitive prices.

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Insurance Brokerage Business Plan template

The Insurance Brokerage Business Plan is a comprehensive, formal business plan example detailing the launch of an insurance brokerage business. The Insurance Brokerage Business Plan Table of Contents includes comprehensive sections of a formal business plan in a format approved and expected by loan officers and investors. The business plan can be easily adapted to any insurance brokerage business.

Insurance Brokerage Business Plan Contents

This Insurance Brokerage Business Plan example provides a method for forecasting sales projections; demographic data that supports the brokerage’s detailed financial analysis; product pricing formulas; a market analysis of the insurance brokerage industry; and a concise Executive Summary for an Insurance Brokerage Business Plan. The sample business plan can be used by an insurance broker to quickly and easily develop an insurance agency business plan that reflects the individual insurance brokerage’s situation.

Insurance Brokerage Business Plan Detailed Sections

This Insurance Brokerage Business Plan outline details how to start an insurance brokerage. The plan provides detailed capital planning and calculates the cash flow necessary for success. The plan includes specific pricing formulas for selling insurance products.
The financial forecast provides a month-to-month analysis and reveals that the owner needs $54,000 in start-up funds to launch the company. In the case of this venture, the owner will contribute $9,000 toward start-up capital and is seeking a conventional loan of $45,000 to complete the required start-up funding. The plan includes 12-month and 3-year Sales Forecasts, Profit and Loss Statements, Cash Flow Statements, and Balance Sheets.The plan provides a review of the state of the insurance industry, along with demographic data that supports the insurance brokerage’s detailed financial analysis. The layout of the plan satisfies conventional loan application requirements for an insurance brokerage business plan and includes a concise Executive Summary for an Insurance Brokerage Business Plan.The plan includes detailed 12-month and 3-year Financial Forecasts for Sales, Profit and Loss, Cash Flow, and Balance Sheet. The Insurance Brokerage Business Plan provides complete sections on:

  • Revenue Stream and Pricing Structure for an Insurance Brokerage
  • Insurance Industry Market Analysis
  • Internal and External Insurance Brokerage Marketing Strategies
  • Sales Channels
  • Competitive Analysis
  • Customer Population and Demographics
  • Market Analysis for the Insurance Brokerage Industry
  • Market Segmentation Analysis
  • Financial Forecasts
    • Personnel Plan
    • Sales Strategy and Forecasting
    • Break Even Analysis
    • Profit and Loss Forecast
    • Cash Flow Forecast
    • Balance Sheet Forecast
  • Exit Strategy if the Business Fails
  • Complete explanations of each section, including Financials.

The Insurance Brokerage Business Plan is an indispensable guide to launching and operating a successful Insurance Brokerage business.