International Insurance Brokers, Ltd.
- Caroline SniffSigns company filings · Form 5500 (2020)
How we got $16.3M
Based on its 31 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
▼ 29% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 31 | $5.6M |
| 2020 | Form 5500 | 26 | $4.7M |
| 2021 | Form 5500 | 24 | $4.3M |
| 2022 | Form 5500 | 22 | $3.9M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
What they do
Brown & Brown is an insurance, risk management, and employee benefits brokerage that says it helps businesses and individuals navigate risk, from multinational enterprises to individuals.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DRUMMOND CATTLE LLC · Tulsa, 1 mi · $129.6M
- BERRY & BERRY ACQUISITION · Tahlequah, 59 mi · $93.3M
- LIVESAY ORCHARDS · Porter, 34 mi · $35.7M
- GREEN ACRE SOD FARMS, INC · Bixby, 13 mi · $31.1M
- LAZY J ARENA, LLC · Stillwater, 61 mi · $30.7M
- AMERICAN PIPING INSPECTION, IN · Tulsa, 11 mi · $122.0M
- WALLACE ENGINEERING - STRUCTURAL CONSULTANTS, INC · Tulsa, 0 mi · $60.8M
- AMERICAN PIPING INSPECTION INC. · Tulsa, 11 mi · $52.8M
- SGA DESIGN GROUP, P.C. · Tulsa, 1 mi · $42.2M
- GOLDEN FIELD SERVICES INC. · Tulsa, 8 mi · $41.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| INTERNATIONAL INSURANCE BROKERS, LTD. this business | $10.4M | — |
| VAUGHAN INSURANCE GROUP LLC Tulsa · 4 employees | $983K | 0.0 mi |
| 316 Health Insurance - Tulsa Office Tulsa | $815K | 0.0 mi |
| CLARY INSURANCE LLC Tulsa · 2 employees | $365K | 0.0 mi |
| Legacy From The Heart Tulsa | $815K | 0.0 mi |
| Geek Expos Tulsa | $815K | 0.0 mi |
| Best Tulsa Car Insurance Tulsa | $815K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 31 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.7M |
| Estimate: the two combined (geometric mean) | $10.4M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.5M |
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 | $16.3M |
| Multiple for this size and industry | 6.6× |
| Value range | $8.6M – $22.3M |
| Revenue range | $6.8M – $11.8M |
| EBITDA range | $1.6M – $2.8M |
| 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
History & advisors
Advisors
- BankingBank 7PPP / 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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $426K | 31 |
| 1/19/2021 | second | $426K | 29 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About International Insurance Brokers, Ltd.
International Insurance Brokers, Ltd. is an insurance agencies company in Tulsa, Oklahoma, in business since 1996. Its estimated annual revenue is about $10.4M, with roughly $2.5M of EBITDA. It has about 22 employees. Its estimated business value is $16.3M (likely range $8.6M–$22.3M).
Common questions
- Who owns International Insurance Brokers, Ltd.?
- The owner of International Insurance Brokers, Ltd. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does International Insurance Brokers, Ltd. make?
- SeeBITDA estimates International Insurance Brokers, Ltd.'s annual revenue at about $10.4M (likely between $6.8M and $11.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is International Insurance Brokers, Ltd. worth?
- About $16.3M, roughly 6.6× its estimated EBITDA of $2.5M, typical for a insurance agencies company its size. Likely range: $8.6M–$22.3M.
- How many employees does International Insurance Brokers, Ltd. have?
- About 22, from its 2022 retirement-plan filing.
- When was International Insurance Brokers, Ltd. founded?
- International Insurance Brokers, Ltd. has been in business since 1996.