Specialized Market Focus Besnard & Associates has a strong reputation in Hospitality Commercial Programs and Workers' Compensation, which positions it well to expand into related niche insurance markets or deepen its offerings within these specialized sectors.
Revenue Potential With an estimated revenue ranging from 50 to 100 million dollars and a lean team, the company demonstrates potential for scalable solutions in automation, and technology services to optimize operations and client engagement.
Technological Engagement The company's use of modern tools such as Microsoft 365, Mailchimp, and other web technologies indicates openness to digital solutions, presenting opportunities for sales of advanced insurtech platforms and client management systems.
Competitive Differentiator Its focus on working for clients over Wall Street suggests a client-centric approach, making it receptive to value-based insurance solutions, personalized services, and innovative risk management tools.
Growth and Expansion Given its nationwide presence and specialization, there is potential for partnership or service expansion in new regions or verticals within the insurance sector, especially targeting insurance automation, data analytics, and employee engagement platforms.