(E38164) Stock Price

Agent Insurance Group is an insurance agency business that sells property and casualty insurance and life insurance to individuals and corporations. The company operates as an independent third party, selecting products from those manufactured by insurance companies that best meet customer needs, and provides comprehensive services ranging from insurance contract brokerage to post-contract follow-up. Currently, the company has agency agreements with approximately 40 insurance companies combined (property and casualty and life insurance), and operates at 74 locations nationwide.

The company's primary customers are individuals and corporations both domestically and internationally, with revenue composed of sales commissions received from insurance companies. In domestic operations, life insurance sales commissions account for 56.3% and property and casualty insurance sales commissions account for 43.7%, establishing a stable revenue base through annually renewable property and casualty insurance while pursuing business expansion through life insurance with large first-year commissions. In overseas operations, the U.S. subsidiary conducts insurance agency and brokerage business primarily serving Japanese companies and U.S. expatriates, with property and casualty insurance comprising 87.7% of revenue.

The company's business is classified into "domestic operations" and "overseas operations" based on sales regions. In domestic operations, the company actively promotes M&A and business succession of small and medium-sized insurance agencies that faced operational difficulties due to insurance law reforms, and provides sales and administrative support, training assistance, and system services through its "insurance agency support platform." In overseas operations, the company maintains licenses in 38 states across 4 U.S. locations, establishing a structure capable of serving customers conducting business across multiple states.

Agent Insurance Group is pursuing aggressive growth centered on M&A and business succession. The company actively consolidates small and mid-sized insurance agencies that have faced operational challenges following insurance industry law reforms. Through its "Insurance Agency Support Platform," the company provides comprehensive sales and administrative support to merged agencies. This strategy simultaneously achieves bulk acquisition of existing contracts and expansion of sales operations, targeting business growth in the massive combined market of property and casualty insurance and life insurance, valued at approximately 52 trillion yen.

The company's competitive differentiation lies in its comprehensive support system for merged agencies. Former agency owners and employed agents hired as "partner employees" receive administrative support through sales assistance, educational programs via workshops and E-Learning, and compliance guidance. The company leverages digital tools including the customer management system "A-System" and the online insurance diagnostic app "Hoke Choice" to advance database marketing and improve productivity. Additionally, through its AFP certification support program, the company develops financial planning consulting talent focused on asset management, strengthening differentiation from competitors.

For new market development, the company is expanding operations in the U.S. insurance market. Its subsidiary, Agent America, Inc., operates from four locations on the West Coast and holds insurance sales licenses in 38 of the 50 U.S. states. The company is deploying the M&A and business succession business model established in Japan. As insurance broker aging accelerates in the U.S., the company plans to leverage its integrated support services—a core strength—to expand current locations and establish additional operations.

Regarding technological innovation, the company prioritizes digital strategy strengthening. Through core system enhancements, the company is automating compensation calculation processes and implementing recruitment management functions, achieving both insurance law compliance and operational efficiency. The company is transforming from traditional face-to-face sales to digital-enabled operations through web-based consultations, online sales promotion, and E-Learning-based training systems. For security, the company utilizes Amazon Web Services, which has established global credibility, ensuring thorough customer information protection and conducting regular operational reviews.