6 Insurance Underwriting Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start An Insurance Underwriting Business

Here are some real life success stories of starting a insurance underwriting business:

1. FAB INSURANCE ($3M/year)

Fabien, the founder of FAB FRENCH INSURANCE, came up with the idea for his business after working with insurance agents and online brokers in France during his previous marketing agency. He realized the potential in serving the English-speaking community living in France, and after partnering with websites in this niche, his business took off. In just six years, with an initial investment of $10K, Fabien has achieved a turnover of over $2.5M and continues to grow.

How much they make: $3M/year
How much did it cost to start: $10K
Current team size: 8

I Offer Visa Insurance For English Speakers In France [& Make $3M/Year]

Fabien grew FAB FRENCH INSURANCE from scratch with just $10k, achieving a turnover of over $2.5M after just six years in business, by focusing on the English-speaking community living in France and using affiliate marketing and automating the quotation process online to streamline lead generation and weed out customers who weren't willing to get into the sales funnel.

About

Fabien started FAB INSURANCE almost 9 years ago

Revenue

Fabien grew the business to $250K/month

Costs

It cost Fabien $10000 to start the business

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