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Lake Shore Insurance Agency INC

Based on public information · Profile not yet claimed

Independent agency

Offices: Canton & Cleveland & Green & Chardon & Boston Heights & Strongsville & Amherst & Mentor & Northfield Center & Newton Falls & Medina & Tallmadge & Ravenna · Ohio
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Ownership history

  • Ownership change documented · 2007 · In 2007, Bob retired and his son, Tommy, took over the family business.

Historical event. Not a sale signal, and it does not rule out future candidacy if new evidence supports it.

Lake Shore Insurance Agency INC is an independent insurance agency licensed in Cleveland, OH. Its website lists offices in Canton, Cleveland, Green, Chardon. Lines listed: Auto, Home, Business, Life Insurance. Founding or history: 1971. Agency Match assessments based on public information: Looking to Buy medium; Business Partnerships low; Mentorship & Peer Connections low. 57 publicly sourced facts with links.

How we determined the info on this profile
  • License record: taken from the state license roster.
  • Offices: based on offices listed on the agency's website. More than one office can count toward the Looking to Buy score.
  • Lines of business: based on text on the agency's website. They can count toward the Strategic Partnership score.
  • Leadership: based on text on the agency's website. It can count toward the Mentorship & Peer Connection score.
  • Carrier partnerships: based on carriers named on the agency's website.
  • Looking to Buy: scored from documented acquisitions, growth and offices on the public record.
  • Open to Selling: not enough public facts for a score.
  • Mentorship & Peer Connections: scored from public signs of leadership, teaching and association ties.
  • Business Partnerships: scored from specialties, markets and carriers published on the agency's website.

Research

Detailed profile

Geography

13 documented offices

Ownership events

1

Ownership

Not confirmed

Agency Match assessments

Agency Match uses public information and a proprietary scoring model to identify possible business opportunities. Ratings indicate potential, not confirmed interest, unless explicitly noted.

Looking to Buy

Medium · 35

Public signs the agency buys or absorbs other agencies: past acquisitions, growth by acquisition, added offices and the depth to integrate a book.

Agency Match score: 35/100 · Medium confidence: 3+ public facts

Why: Documented expansion (new office or book); two or more documented offices; public history of 15+ years in business or in the industry

What this rating was based on (3 factors)

Based on public information. Points come from a fixed rubric. The score is a sum of points, not a probability. Confidence is shown separately and does not change the rating.

  1. Documented expansion (new office or book)+15 pts
    • Office opening (historical): While the first office was located in Euclid, Mayfield became the new permanent home for thlakeshoreinsurance.com
  2. Two or more documented offices+15 pts
  3. Public history of 15+ years in business or in the industry (supporting)+5 pts

Total: 35 points → Agency Match score 35/100, rated Medium (High at 60+, Medium at 35+).

Confidence (separate from the rating): Medium confidence: 3+ public facts · 14 facts from 1 website.

Not known publicly: Whether the agency is buying now and at what size; Financing and integration capacity.

Open to Selling

Acquisition Research Fit

Low · 11

Acquisition Research Fit is low. Formation year 1971 is on a verified record (55 years in operation). 13 documented office cities. Market segment C is descriptive context. The rating stays Low because years in operation and size are a business profile, not a transition. This is not a statement that the agency wants to sell.

Transition signals

  • A past retirement is described and someone already succeeded that person.

Countervailing evidence: A past retirement is described and someone already succeeded that person.

Confidence: low. Separate from the rating.

Not on file: Owner tenure is not established; No internal succession document; Confirmed sale interest is unknown.

Confirmed sale interest: Unknown

Mentorship & Peer Connections

Low · 20

Public signs of industry standing and willingness to share know-how: association leadership, teaching, memberships, recognition and tenure.

Agency Match score: 20/100 · Low confidence: few public facts

Why: Public history of 15+ years in business or in the industry; insurance industry or carrier recognition

What this rating was based on (2 factors)

Based on public information. Points come from a fixed rubric. The score is a sum of points, not a probability. Confidence is shown separately and does not change the rating.

  1. Public history of 15+ years in business or in the industry (supporting)+10 pts
  2. Insurance industry or carrier recognition+10 pts

Total: 20 points → Agency Match score 20/100, rated Low (High at 60+, Medium at 35+).

Confidence (separate from the rating): Low confidence: few public facts · 2 facts from 1 website.

Not known publicly: Whether the principals want to mentor or be mentored.

Business Partnerships

Low · 30

Public signs the agency would complement others: niche specialties, referral or partner relationships, broad carrier access, both personal and commercial lines, and regional reach.

Agency Match score: 30/100 · Medium confidence: 3+ public facts

Why: Three or more carriers named; several documented lines of business; two or more documented offices

What this rating was based on (3 factors)

Based on public information. Points come from a fixed rubric. The score is a sum of points, not a probability. Confidence is shown separately and does not change the rating.

  1. Three or more carriers named+15 pts
  2. Several documented lines of business (supporting)+10 pts
  3. Two or more documented offices (supporting)+5 pts

Total: 30 points → Agency Match score 30/100, rated Low (High at 60+, Medium at 35+).

Confidence (separate from the rating): Medium confidence: 3+ public facts · 27 facts from 1 website.

Not known publicly: Which partnerships the agency would welcome; Carrier appointments not published online.

Record & channel

License recordPublicly sourced

Ohio resident business-entity license (NPN 2776363), licensed at Cleveland, OH

gateway.insurance.ohio.gov
ChannelPublicly sourced

Independent agency

“We’re an independent insurance agency offering a comprehensive suite of insurance solutions to protect your business and your life from the unexpected.”
lakeshoreinsurance.com
OwnershipUnknown

Not confirmed. Names on a website or license are not treated as proof of who owns the agency.

Website: lakeshoreinsurance.com

Locations & footprint

Canton, Ohio

Operating office

PublishedBrowse city

Cleveland, Ohio

Operating office

PublishedBrowse city

Green, Ohio

Operating office

PublishedBrowse city

Chardon, Ohio

Operating office

PublishedBrowse city

Boston Heights, Ohio

Operating office

PublishedBrowse city

Strongsville, Ohio

Operating office

PublishedBrowse city

Amherst, Ohio

Operating office

PublishedBrowse city

Mentor, Ohio

Operating office

PublishedBrowse city

Northfield Center, Ohio

Operating office

PublishedBrowse city

Newton Falls, Ohio

Operating office

PublishedBrowse city

Medina, Ohio

Operating office

PublishedBrowse city

Tallmadge, Ohio

Operating office

PublishedBrowse city

Ravenna, Ohio

Operating office

PublishedBrowse city

Documented offices are not necessarily the full service area. Acquisitions do not establish additional offices.

Highlights

Auto, Home, Business, Life InsuranceFounding: 1971

Story so far

  1. —

    Family owned business

    Published

People & affiliations

CEO Dan Wajahn and Bill RodgersPublished

It was further developed by now CEO’s, Dan Wajahn and Bill Rodgers.

Names & entities

LAKE SHORE INSURANCE AGENCY INCRecord

Legal name on license record

Facts from published sources (57 verified, 3 unverified)

Line of businessPublicly sourced

Auto, Home, Business, Life Insurance

“Specializing in Auto Insurance , Home Insurance , Business Insurance and Individual Life Insurance”
lakeshoreinsurance.com
Market servedPublicly sourced

Northeast Ohio (Cuyahoga, Summit, Geauga, Trumbull, Lorain, Lake, Portage counties)

“Insurance agency in Northeast Ohio. Specializing in Auto Insurance , Home Insurance , Business Insurance and Individual Life Insurance in Cuyahoga, Summit, Geauga, Trumbull, Lorain, Lake and Portage counties.”
lakeshoreinsurance.com
Market servedPublicly sourced

Punta Gorda, FL and St. Petersburg, FL

“Also serving clients in Punta Gorda, and St. Petersburg, FL.”
lakeshoreinsurance.com
Office locationPublicly sourced

Canton, OH

“Canton, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Cleveland, OH

“Cleveland, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Green, OH

“Green, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Chardon, OH

“Chardon, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Northfield Center, OH

“Northfield Center, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Newton Falls, OH

“Newton Falls, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Boston Heights, OH

“Boston Heights, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Strongsville, OH

“Strongsville, OH Office”
lakeshoreinsurance.com
FoundingPublicly sourced

1971

“Lake Shore Insurance Agency was established in 1971 by Charles Wajahn near Lake Erie’s shore in Euclid, Ohio.”
lakeshoreinsurance.com
LeadershipPublicly sourced

CEO Dan Wajahn and Bill Rodgers

“It was further developed by now CEO’s, Dan Wajahn and Bill Rodgers.”
lakeshoreinsurance.com
IndependentPublicly sourced

Independent insurance agency

“We’re an independent insurance agency offering a comprehensive suite of insurance solutions to protect your business and your life from the unexpected.”
lakeshoreinsurance.com
Ownership eventPublicly sourced

Family owned business

“We are a family owned business in a very progressive and dynamic environment.”
lakeshoreinsurance.com
Line of businessPublicly sourced

Auto, Home, Business, Life Insurance

“with our specialties including, Auto Insurance , Home Insurance , Business Insurance and Individual Life Insurance .”
lakeshoreinsurance.com
Market servedPublicly sourced

Northeast Ohio and Florida

“The best independent insurance agency in Northeast Ohio, including Cuyahoga, Summit, Geauga, Trumbull, Lorain, Lake and Portage counties.”
lakeshoreinsurance.com
AwardPublicly sourced

Grange Senior Partner Award since 2010

“Grange Senior Partner Award (since 2010) Personal Lines Elite Agency Award For entire Erie Insurance company.”
lakeshoreinsurance.com
AwardPublicly sourced

Silver Life Award Winner from Erie Insurance

“Silver Life Award Winner (from Erie Insurance) For our commitment to providing life protection solutions to their customers.”
lakeshoreinsurance.com
Office locationPublicly sourced

Canton, OH

“Canton, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Cleveland, OH

“Cleveland, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Green, OH

“Green, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Chardon, OH

“Chardon, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Northfield Center, OH

“Northfield Center, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Newton Falls, OH

“Newton Falls, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Boston Heights, OH

“Boston Heights, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Strongsville, OH

“Strongsville, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Amherst, OH

“Amherst, OH Office”
lakeshoreinsurance.com
Office locationPublicly sourced

Mentor, OH

“Mentor, OH Office”
lakeshoreinsurance.com
Line of businessPublicly sourced

Lines of business: Employee Benefits

“Employee Benefits”
lakeshoreinsurance.com
CarrierPublicly sourced

Erie

“logo-erie-insurance”
lakeshoreinsurance.com
CarrierPublicly sourced

Anthem

“Anthem Blue Cross”
lakeshoreinsurance.com
CarrierPublicly sourced

Auto-Owners

“Auto Owners”
lakeshoreinsurance.com
CarrierPublicly sourced

Cincinnati Insurance

“Cincinnati Insurance”
lakeshoreinsurance.com
CarrierPublicly sourced

Donegal

“Donegal”
lakeshoreinsurance.com
CarrierPublicly sourced

Encova

“Encova”
lakeshoreinsurance.com
CarrierPublicly sourced

Farmers Insurance

“Farmers Insurance Group of Cos.”
lakeshoreinsurance.com
CarrierPublicly sourced

Foremost

“Foremost”
lakeshoreinsurance.com
CarrierPublicly sourced

Grange

“Grange Mutual Casualty Co”
lakeshoreinsurance.com
CarrierPublicly sourced

Liberty Mutual

“Liberty Mutual”
lakeshoreinsurance.com
CarrierPublicly sourced

Medical Mutual

“Medical Mutual Of Ohio”
lakeshoreinsurance.com
CarrierPublicly sourced

Nationwide

“Nationwide”
lakeshoreinsurance.com
CarrierPublicly sourced

Ohio Casualty

“Ohio Casualty”
lakeshoreinsurance.com
CarrierPublicly sourced

Ohio Mutual

“Ohio Mutual Insurance Co.”
lakeshoreinsurance.com
CarrierPublicly sourced

Pekin

“Pekin Insurance”
lakeshoreinsurance.com
CarrierPublicly sourced

Progressive

“Progressive”
lakeshoreinsurance.com
CarrierPublicly sourced

Prudential

“Prudential Life”
lakeshoreinsurance.com
CarrierPublicly sourced

Travelers

“Travelers”
lakeshoreinsurance.com
CarrierPublicly sourced

West Bend

“West Bend Insurance”
lakeshoreinsurance.com
CarrierPublicly sourced

Western Reserve

“Western Reserve Group”
lakeshoreinsurance.com
Office locationPublicly sourced

9265 Olde Eight Rd., Northfield Center, OH 44067

“9265 Olde Eight Rd. Northfield Center, OH 44067”
lakeshoreinsurance.com
Office locationPublicly sourced

43 East Broad Street, Newton Falls, OH 44444

“43 East Broad Street Newton Falls, Ohio 44444”
lakeshoreinsurance.com
Office locationPublicly sourced

119 N. Elmwood Ave., Medina, OH 44256

“119 N. Elmwood Ave. Medina, OH 44256”
lakeshoreinsurance.com
Office locationPublicly sourced

161 Northwest Avenue, Tallmadge, OH 44278

“161 Northwest Avenue Tallmadge, OH 44278”
lakeshoreinsurance.com
Office locationPublicly sourced

137 E. Main Street, Ravenna, OH 44266

“137 E. Main Street Ravenna, OH 44266”
lakeshoreinsurance.com
Ownership eventPublicly sourced

Ownership event: In 2007, Bob retired and his son, Tommy, took over the family business.

“In 2007, Bob retired and his son, Tommy, took over the family business.”
lakeshoreinsurance.com
Office opening historicalPublicly sourced

Office opening (historical): While the first office was located in Euclid, Mayfield became the new permanent home for the agency and has continued to expand to offices throughout Ohio in Chardon, Canton, Akron, Northfield, Newton Falls, Summit, Strongsville, Amherst, Mentor, and Chesterland.

“While the first office was located in Euclid, Mayfield became the new permanent home for the agency and has continued to expand to offices throughout Ohio in Chardon, Canton, Akron, Northfield, Newton Falls, Summit, Strongsville, Amherst, Mentor, and Chesterland.”
lakeshoreinsurance.com
Show 3 unverified facts (did not pass QA)
IndependentDid not pass QA

Independent Insurance Agency

“About An Independent Agency”

QA note: Unverified: challenge rejected. Shown for transparency; not treated as a fact.

lakeshoreinsurance.com
CarrierDid not pass QA

Erie Insurance, Grange

“We give clients the power of choice from top-rated national and regional insurance carriers.”

QA note: Unverified: value not supported by quote. Shown for transparency; not treated as a fact.

lakeshoreinsurance.com
IndependentDid not pass QA

Independent insurance agency

“About An Independent Agency”

QA note: Unverified: challenge rejected. Shown for transparency; not treated as a fact.

lakeshoreinsurance.com