Insurance Care Associates
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 27 years (since 1999)
- Founder still runs it after 27 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Insurance Care Associates is an independent insurance agency that represents a multitude of insurance carriers and helps clients determine their needs and match them with insurance products for themselves or their business. It focuses on health-related insurance.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Insurance Care Associates this business | $806K | — |
| Carsafe, Llc. Oklahoma City | $806K | 0.1 mi |
| Hexis Insurance Oklahoma City | $806K | 0.1 mi |
| Levi C Wade, CFP Oklahoma City | $806K | 0.2 mi |
| Farmers Insurance - Andrew Davis Oklahoma City | $806K | 0.2 mi |
| JIM WALLACE INSURANCE AGENCY INC Oklahoma City · 4 employees | $1.6M | 0.2 mi |
| Farmers Insurance - Todd Wallace Oklahoma City | $806K | 0.2 mi |
The full calculation
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 | $1.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $411K – $1.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (38%). Treat these as a rough guide.
| Revenue range | $371K – $1.0M |
| EBITDA range | $143K – $387K |
| Industry (NAICS) | Agencies, brokerages, and other insurance related activities (5242) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Insurance Care Associates
Insurance Care Associates is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1999. It is owned by Mary K Steichen (Founder). Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. Its estimated business value is $1.1M (likely range $411K–$1.7M).
Common questions
- Who owns Insurance Care Associates?
- Insurance Care Associates is owned by Mary K Steichen (Founder), according to public sources such as the company's website or filings.
- How much revenue does Insurance Care Associates make?
- SeeBITDA estimates Insurance Care Associates's annual revenue at about $806K (likely between $371K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Insurance Care Associates worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $310K, typical for a insurance agencies company its size. Likely range: $411K–$1.7M.
- When was Insurance Care Associates founded?
- Insurance Care Associates has been in business since 1999.
- Is Insurance Care Associates for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 27 years (since 1999); founder still runs it after 27 years; no family successor named on its website.