We wish to invest principally in the insurance industry. We
have been very successful with InsureZone and the many add-on
acquisitions and investments that we have made with this company. As a
result, we are seeking to do more of the same.
The companies that most attract our attention are those that profitable
books of business with a focus or marketing niche that has allowed
them some mind of staying power. What we also find intriguing is to be
able to work with those executives that see the need to significantly
expand their use of technology to both drive new business and as a means
to better service and keep existing policies.
With InsureZone, BVA feels that it has a number of refined
assets that it is looking to leverage through acquisitions,
partnerships, and distribution relationships. We
are interested in the full spectrum of books of business, agencies,
brokers, wholesalers, and MGA's. What we bring to the table is a
proprietary set of technologies, carrier relationships, and internal
network connections to over 45,000 agencies. The following are areas related to the
rating, quoting, sale, servicing and document management of insurance
policies that we
have researched and find compelling:
|Quite frankly, we have never been able to anticipate
what will excite our interest. We are opportunists with very open minds. We are willing to
make initial investments ranging from $250,000 to $3 million. We will continue to support
our portfolio companies as they progress with a maximum commitment of $10 million. We have
no pressure to exit an investment in any fixed time frame.
United States, with special attention to the non-coastal states
and the areas not pestered by the whims of mother nature. There are not
many of those, but this focus does allow us to create a book of business
that more consistently earns contingent and profit sharing checks.
However, we are not limited geographically and are willing to travel to
see the right companies.