SeeBITDAOklahoma

The Insurance Center Agency, Inc.

Insurance agencies
  • 5600 N MAY AVE STE 300, Oklahoma City, OK
  • Since 1999
  • NAICS 524210
Company websiteticokc.comFind on LinkedInSearch LinkedIn for this company
Estimated valueMedium confidence
$4.0M
$2.1Mlikely range$5.5M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$3.0M
a year
Profit (EBITDA)
$887K
30% of revenue
Employees
11
reported in 2020
Leadership
Ronald G Campbell
President · source · confirmed by 2 sources
Some signs of a sale
Request removal or correction
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $4.0M

Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.

11 employees × $209K each$2.3M
PPP payroll ÷ payroll's usual share of revenue$3.0M
Shown toward the top of its range×1.14
Revenue$3.0M
× 30% profit margin$887K
× 4.5 sale multiple = value$4.0M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 27 years (since 1999)
  • 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

The Insurance Center Agency, Inc is an independent insurance agency in Oklahoma City, Oklahoma, offering personal and business insurance and representing many different companies to find the best carrier for clients.

Products & services
Auto InsuranceHomeowners InsuranceBoat & WatercraftCondo InsuranceFlood InsuranceMotorcycle InsuranceRenters InsurancePersonal UmbrellaCommercial AutoCommercial PropertyCommercial UmbrellaWorkers Comp
Markets served
PersonalBusinessCommercialFarm & RanchApartment Building OwnersChurchCondo AssociationContractors
Service area
Oklahoma City, OklahomaMidwest City, OklahomaNorman, OklahomaEdmondMidwest CityMooreMustangYukon

From the company's website. Industry: Insurance agencies.

Customers & suppliers

Suppliers & brands

  • Accident Fund · brand it sells or installs
  • Aflac · brand it sells or installs
  • American Modern · brand it sells or installs
  • AmeriSafe · brand it sells or installs
  • AmWINS · brand it sells or installs
  • Berkshire Hathaway · brand it sells or installs
  • Burns & Wilcox · brand it sells or installs
  • Central Insurance · brand it sells or installs
  • Chubb · brand it sells or installs
  • Columbia · brand it sells or installs
  • CompSource · brand it sells or installs
  • CNA · brand it sells or installs
  • CNA Surety · brand it sells or installs
  • EMC · brand it sells or installs
  • Encompass · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Farms & ranches
Real estate
Churches & nonprofits

Estimated value over time

▲ 30% since 2020
$0$2.7M$5.4M2020202120222023202420252026

Today'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

▲ 18% since 2020
010202020202120222023202420251113
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan11$2.0M$585K
2020Form 550010$1.8M$532K
2021Form 550010$1.8M$532K
2022Form 550011$2.0M$585K
2023Form 550011$2.0M$585K
2024Form 550014$2.5M$745K
2025Form 550013$2.3M$691K

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.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
THE INSURANCE CENTER AGENCY, INC.
this business
$3.0M$887K—
CAVETT LEE INSURANCE AGENCY, LLC
Oklahoma City · 1 employees
$408K$157K0.0 mi
GREEN INSURANCE ASSOCIATES, INC.
Oklahoma City · 2 employees
$645K$248K0.0 mi
Covenant Benefits Group
Oklahoma City
$806K$310K0.1 mi
Aflac
Oklahoma City
$806K$310K0.1 mi
Snipes Insurance
Oklahoma City
$806K$310K0.2 mi
Oklahoma Business Insurors
Oklahoma City
$806K$310K0.2 mi

The full calculation

Employees reported to the SBA11
Revenue from headcount (employees × revenue per employee for companies this size)$2.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.0M
Estimate: the two combined (geometric mean)$3.0M
EBITDA margin (industry, adjusted for size)30%
EBITDA = revenue × margin$887K

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$4.0M
Multiple for this size and industry4.5×
Value range$2.1M – $5.5M
Revenue range$2.0M – $3.4M
EBITDA range$584K – $1.0M
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

  • BankingFirst Liberty BankPPP / 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

First Liberty Bank
PPP 2020
All 382 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/15/2020first$135K$136K11First Liberty Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About The Insurance Center Agency, Inc.

The Insurance Center Agency, Inc. is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1999. It is owned by Ronald G Campbell (President). Its estimated annual revenue is about $3.0M, with roughly $887K of EBITDA. It has about 13 employees. Its estimated business value is $4.0M (likely range $2.1M–$5.5M).

Common questions

Who owns The Insurance Center Agency, Inc.?
The Insurance Center Agency, Inc. is owned by Ronald G Campbell (President), according to public sources such as the company's website or filings.
How much revenue does The Insurance Center Agency, Inc. make?
SeeBITDA estimates The Insurance Center Agency, Inc.'s annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is The Insurance Center Agency, Inc. worth?
About $4.0M, roughly 4.5× its estimated EBITDA of $887K, typical for a insurance agencies company its size. Likely range: $2.1M–$5.5M.
How many employees does The Insurance Center Agency, Inc. have?
About 13, from its 2025 retirement-plan filing.
When was The Insurance Center Agency, Inc. founded?
The Insurance Center Agency, Inc. has been in business since 1999.