MIAMI, November 15, 2022 /PRNewswire/ — Miami-based Estrella Insuranceone of the main franchisors of P&C insurance agencies, announced its launch in the Dallas-Ft. The penalty (DFW) and Houston markets with more than 20 award-winning territories. The company, which operates more than 180 sites across Florida, California, Arizonaand Coloradoadd now Texas to its growing national expansion, which is focused on providing simple, cost-effective insurance solutions across its auto, home, commercial, business, life and health portfolios.
According to the CEO Nicholas Estrella, Jr.Estrella is poised for continued growth, with DFW and Houston being their “biggest bets”, especially with the company’s strong connection and expertise in the Hispanic market. In 2021, Estrella experienced double-digit growth of more than 15% in its premiums, leading them to exceed the $500 million in system-wide bonuses for the first time in the organization’s 40-year history. This year, Estrella is on track to exceed $600 million.
“We are delighted to be part of both DFW and Houston communities, we see tremendous potential here for franchisees and for consumers who need affordable insurance,” says Estrella, Jr. “Our franchise partners are family, and that’s why we’ve structured our model around support, training and marketing from start to finish. to end. Their success is our success.”
Estrella, Jr. adds that the independent family organization aims to open 70 territories to DFW and 60 to Houston over the next five to seven years. Currently, Estrella has an operating site in dallas, a second opening in three months and 11 additional territories awarded. In HoustonEstrella has one operating site, a second opening in two months, and five additional territories assigned.
From initial inquiry to opening, and beyond, Estrella provides its network of franchisees with ongoing support and training designed to maximize revenue potential and profitability. Strong relationships with most major insurance companies and superior marketing in Spanish and English across digital, TV, radio and beyond provide Estrella franchisees with the ability to insure more people, no matter what. or their personal situation, while maintaining low premiums. Additionally, Estrella’s commitment to franchisee satisfaction has earned the organization awards from the Franchise Business Review for more than 10 years.
About Estrella Insurance
Miamiis a property and casualty insurance franchisor and a trusted leader among consumers and insurance companies in providing simple, cost-effective insurance solutions across its auto, home, commercial, business, life and health insurance portfolios. With over 175 offices across the United States, it is consistently ranked among the top franchise opportunities with a proven business model that allows owners to focus directly on customer support and community engagement. For more information on franchise ownership, visit www.estrellafranchise.com
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SOURCE Estrella Insurance
