This insurance agency franchise concept was a direct result of Brooke’s founder’s experiences as the manager of a small insurance agency during the hard market of the mid 1980s. During this period, it appeared that larger insurance agencies prospered from higher policy premiums while smaller agencies suffered from shrinking capacity and the resulting termination of insurance company relationships. Smaller agencies were increasingly absorbed by their larger competitors, oftentimes to the dismay of consumers. Their dilemma was, “how could smaller agencies gain the required purchasing power without giving up agency ownership?” This dilemma was resolved by Brooke’s franchising solution.

Contact Information for Brooke Insurance

Company Website: http://www.brookeagent.com

8500 College Blvd. NA
Overland Park
KS 66210 USA Work: (800) 642-1872
Fax: (913) 661-0175

Entrepreneur.com Company Profile

Email: askbrooke@brookecorp.com

Opportunity Type:

Training Available:
  • At headquarters
  • At local location
Support Available:
  • Newsletter
  • Internet
  • Meetings
  • Phone Support
  • Purchasing cooperatives

Business Start Date: 1

Description: This insurance agency franchise concept was a direct result of Brooke’s founder’s experiences as the manager of a small insurance agency during the hard market of the mid 1980s. During this period, it appeared that larger insurance agencies prospered from higher policy premiums while smaller agencies suffered from shrinking capacity and the resulting termination of insurance company relationships. Smaller agencies were increasingly absorbed by their larger competitors, oftentimes to the dismay of consumers. Their dilemma was, “how could smaller agencies gain the required purchasing power without giving up agency ownership?” This dilemma was resolved by Brooke’s franchising solution.

Total investment: $170,700 – $385,800

Franchise fee: $165,000

Franchise Start Date: 1

Number of Employees: 606

Number of Franchises: 861

Company Owned Units: 21

Ongoing Royalty: 10%

Financing Available: Yes In House and Third party


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