Overview of Transaction

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• LifeQuotes is a unique, InsurTech-based retail life insurance agency located in Westmont, Illinois.

• The Company provides term life, universal life, and whole life insurance via proprietary technology which enables anonymous quoting, a comparative selection of 50 insurers' rates, instant-decision underwriting, and online buying capability all supported by an industry-leading call center.

• LifeQuotes also provides telephone sales and fulfillment services for partner organizations.

• Since its founding in 1984, LifeQuotes has served over 400,000 customers.

• LifeQuotes agreed to partner with Keystone Agency Partners (KAP), one of the fastest growing insurance agencies in North America and a Top National Insurance Broker.

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Significance of Transaction

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• The acquisition of LifeQuotes will provde KAP with a robust insurance technology platform and a team of experts. The specialized offerings and proprietary technologies provided by LifeQuotes compliment KAP’s existing partner network and will assist in driving growth. 

• The transaction will provide LifeQuotes with best-in-class support and resources, positioning the agency for rapid growth in the coming years.

 

Sica | Fletcher's Role

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• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to LifeQuotes and explored multiple options for the firm before its decision to partner with KAP.

• This transaction underscores Sica | Fletcher's unparalleled relationships with top-tier investors in the insurance sector.