Bankers Life and Casualty Co.
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 Some signs of a sale
- In business 147 years (since 1879)
From public records and the company's website, not a statement that it's for sale.
What they do
Bankers Life is the marketing brand of Bankers Life and Casualty Company, offering insurance and retirement products, including Medicare Supplement, life, long-term care, supplemental health insurance and annuities. It states its products are for individuals planning for retirement and future medical and financial needs.
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.
- ACKERMAN MCQUEEN INC · Oklahoma City, 5 mi · $70.0M
- ROBYN HOLDINGS, LLC · Oklahoma City, 8 mi · $23.9M
- SAXUM STRATEGIC COMMUNICATIONS LLC · Oklahoma City, 5 mi · $18.4M
- FMG NORTH TEXAS, LLC · Norman, 22 mi · $13.8M
- INSIGHT CREATIVE GROUP, INC. · Oklahoma City, 5 mi · $11.8M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Bankers Life and Casualty Co. this business | $806K | — |
| AFR Insurance Oklahoma City | $806K | 0.1 mi |
| INLIGHT RISK MANAGEMENT, LLC Oklahoma City · 7 employees | $2.4M | 0.2 mi |
| Victore Insurance Company Oklahoma City | $806K | 0.3 mi |
| Bay Integrated Concepts Inc Oklahoma City | $806K | 0.3 mi |
| Glamour Photo Studio Oklahoma City | $806K | 0.4 mi |
| Central Oklahoma Claims Oklahoma City | $806K | 1.3 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
“With a rich history dating back to 1879, Bankers Life has grown from our founder’s simple wish to make insurance affordable.”
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 Bankers Life and Casualty Co.
Bankers Life and Casualty Co. is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1879. It is owned by Scott Goldberg (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 Bankers Life and Casualty Co.?
- Bankers Life and Casualty Co. is owned by Scott Goldberg (President), according to public sources such as the company's website or filings.
- How much revenue does Bankers Life and Casualty Co. make?
- SeeBITDA estimates Bankers Life and Casualty Co.'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 Bankers Life and Casualty Co. 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 Bankers Life and Casualty Co. founded?
- Bankers Life and Casualty Co. has been in business since 1879.