Plico
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 47 years (since 1979)
- 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
PLICO is a local Oklahoma medical professional liability insurer, formed in 1979 by physicians, that provides coverage and risk management for physicians and hospitals in Oklahoma.
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.
- Mercy Hospital Oklahoma City, Inc. · Ada, 69 mi · $948.2M
- Integris South Oklahoma City Hospital Corporation · Oklahoma City, 5 mi · $358.5M
- MCBRIDE CLINIC, INC. · Oklahoma City, 7 mi · $288.2M
- Integris Health · Oklahoma City, 10 mi · $170.6M
- XPRESS WELLNESS URGENT CARE, LLC · Oklahoma City, 0 mi · $169.8M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Plico this business | $806K | — |
| Stewart Abstract & Title Of Oklahoma Oklahoma City | $806K | 0.3 mi |
| JEREMY HENLEY INSURANCE AGENCY INC Oklahoma City · 4 employees | $836K | 0.3 mi |
| The Baldwin Group (formerly Insurance Risk Partners) Oklahoma City | $806K | 0.3 mi |
| Farmers Insurance Group Of Companies Oklahoma City | $2.4M | 0.3 mi |
| BROWN & NUTT INSURANCE AGENCY, INC. Oklahoma City · 2 employees | $445K | 0.3 mi |
| Kings Premium Service Oklahoma City | $806K | 0.4 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
“In 1979, physicians across the state of Oklahoma pulled together in a time of need to form a company to help support and protect physicians.”
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 Plico
Plico is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1979. It is owned by Steve Simmons (President). 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 Plico?
- Plico is owned by Steve Simmons (President), according to public sources such as the company's website or filings.
- How much revenue does Plico make?
- SeeBITDA estimates Plico'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 Plico 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 Plico founded?
- Plico has been in business since 1979.
- Is Plico for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 47 years (since 1979); no family successor named on its website.