Summary

Advent Insurance Services

Description

Advent Insurance Services is a full-service commercial insurance agency dedicated to providing our clients with insurance products and services that go beyond the norm in satisfying their risk management and insurance needs at a competitive price. Advent's reputation as the go-to source for commercial insurance is based on three key elements. EXPERIENCE - Experience in analyzing exposures and designing the right customized coverage program; experience in dealing with insurance carriers, even during the toughest of markets; experience in loss control and claims management. RESOURCES - Because we focus primarily on commercial businesses, we are able to bring sophisticated resources to bear for the benefit of our clients in all areas of risk management. The goal is to minimize insurance costs while maintaining superior coverage where needed. INTEGRITY - We act as true advisors to our clients, always on the lookout for better, more cost-effective ways to cover risk exposures. And we never sacrifice essential coverage in order to get lower prices. The interests of our clients always come first-whether involving coverage, cost, or claims management.

Strengths

  • Revenue generated per employee is greater than industry average
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average

Weaknesses

  • Advent Insurance Services has a very small market share in their industry

Annual Revenue

Advent Insurance Services's annual revenue

$7353000

Based on Kona Equity data

  • Revenue per employee

    $253551

  • Variance of revenue growth

    0.03

  • Revenue growth rate from first known quarter to current

    59.8%

Employee Count

29 employees

  • Employee growth rate from first known quarter to current

    26.1%

G Score - 4

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G2 Income per employee more than industry average.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average

Location

8 Wood Hollow Rd. 
Parsippany, NJ  07054

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Key Information

  • SIC: 6411; 641
  • NAICS: 524; 5242
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Advent Insurance Services.

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Frequently Asked Questions

Where is Advent Insurance Services located?

Advent Insurance Services's headquarters are located at 8 Wood Hollow Rd.  Parsippany, NJ  07054.


What is Advent Insurance Services's official website?

Advent Insurance Services's official website is adventins.com


What is Advent Insurance Services's revenue?

Advent Insurance Services's annual revenue is $7.4 M.


What is Advent Insurance Services's SIC code?

Advent Insurance Services's SIC: 6411; 641


What is Advent Insurance Services's NAICS code?

Advent Insurance Services's NAICS: 524; 5242.


How many employees does Advent Insurance Services's have?

Advent Insurance Services has 29 employees

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