Comp Risk Management Inc
How we got $4.4M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 38 years (since 1988)
- Family in the business (Brett Easton, Renewal Management)
From public records and the company's website, not a statement that it's for sale.
What they do
COMP Risk Management, Inc. is an Oklahoma workers compensation business that works with independent insurance agencies and insureds, offering quotes, policy service, audits, loss runs, claims, and online payments.
From the company's website. Industry: Insurance agencies.
Estimated value over time
▲ 30% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $2.0M |
| 2020 | Form 5500 | 11 | $2.0M |
| 2021 | Form 5500 | 10 | $1.8M |
| 2022 | Form 5500 | 11 | $2.0M |
| 2023 | Form 5500 | 11 | $2.0M |
| 2024 | Form 5500 | 11 | $2.0M |
| 2025 | Form 5500 | 11 | $2.0M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COMP RISK MANAGEMENT INC this business | $3.3M | — |
| Medmutual Protect Oklahoma City | $806K | 0.1 mi |
| Gallagher Benefit: Jerry Roberts Oklahoma City | $806K | 0.1 mi |
| NIEMANN AND ASSOCIATES, LLC Oklahoma City · 148 employees | $64.6M | 0.1 mi |
| Rockgate Financial Group Oklahoma City | $806K | 0.2 mi |
| HG INSURANCE & BONDS, LLC Oklahoma City · 2 employees | $491K | 0.2 mi |
| MaryJane Insurance & Consulting Oklahoma City | $806K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $970K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $4.4M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.3M – $6.0M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $638K – $1.1M |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“COMP Risk Management, Inc was founded in 1988 as a Managing General Agency specializing in mono-line workers compensation with a focus on providing a competitive market for the financial industry.”
Leadership
- LBLouis BrighamChairman · Company website · source
- JBJeff BrownNew Business / Audit Manager · Company website · source
- SBScott BaileyOperations Manager / Accounting · Company website · source
- JSJennifer SoderNew Business · Company website · source
- THTaylor HortonNew Business · Company website · source
- MPMikala PenaNew Business · Company website · source
- AAAeriel AkersRenewal Management · Company website · source
- BEBrett EastonRenewal Management · Company website · source
- LBLiz BlakelyPolicy Service · Company website · source
- JCJoei CoxPolicy Service · Company website · source
Advisors
- BankingF & M BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| F & M Bank PPP 2020 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $161K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Comp Risk Management Inc
Comp Risk Management Inc is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1988. It is owned by Rebecca Brigham Easton (President). Its estimated annual revenue is about $3.3M, with roughly $970K of EBITDA. It has about 11 employees. Its estimated business value is $4.4M (likely range $2.3M–$6.0M).
Common questions
- Who owns Comp Risk Management Inc?
- Comp Risk Management Inc is owned by Rebecca Brigham Easton (President), according to public sources such as the company's website or filings.
- How much revenue does Comp Risk Management Inc make?
- SeeBITDA estimates Comp Risk Management Inc's annual revenue at about $3.3M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Comp Risk Management Inc worth?
- About $4.4M, roughly 4.5× its estimated EBITDA of $970K, typical for a insurance agencies company its size. Likely range: $2.3M–$6.0M.
- How many employees does Comp Risk Management Inc have?
- About 11, from its 2025 retirement-plan filing.
- When was Comp Risk Management Inc founded?
- Comp Risk Management Inc has been in business since 1988.