Claims & Risk Services
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 42 years (since 1984)
- 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
Claims & Risk Services, LLC (part of Risk Management Services, LLC) administers workers' compensation claims and provides loss prevention and risk management services for self-insured clients and self-insurance funds in Oklahoma and Louisiana.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Customers
- LADA-SIF · named on its website
- Louisiana Automobile Dealers Association Self-Insurers' Trust Fund · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Claims & Risk Services this business | $806K | — |
| PRECISION ADMINISTRATORS, INC. Oklahoma City · 9 employees | $1.8M | 0.0 mi |
| Jason Braine: Allstate Insurance Oklahoma City | $806K | 0.1 mi |
| JBRAINE AGENCY LLC Oklahoma City · 6 employees | $1.0M | 0.2 mi |
| CENTENNIAL INSURANCE GROUP INC Oklahoma City · 3 employees | $1.1M | 0.3 mi |
| DOLLINS & COMPANY, INC. Oklahoma City · 1 employees | $278K | 0.4 mi |
| FINANCIAL RISK SOLUTIONS, L.L.C. Oklahoma City · 4 employees | $1.0M | 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 1984 he co-founded Claims & Risk Services and became full owner in 1990.”
Leadership
- VDVern D. StonecipherClaim Manager · Company website · source
- SJSandy J. CassadyClaim Adjuster · Company website · source
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 Claims & Risk Services
Claims & Risk Services is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1984. It is owned by Jean L. Robért (Owner and 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 Claims & Risk Services?
- Claims & Risk Services is owned by Jean L. Robért (Owner and Founder), according to public sources such as the company's website or filings.
- How much revenue does Claims & Risk Services make?
- SeeBITDA estimates Claims & Risk Services'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 Claims & Risk Services 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 Claims & Risk Services founded?
- Claims & Risk Services has been in business since 1984.
- Is Claims & Risk Services for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 42 years (since 1984); no family successor named on its website.