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K Palmer Insurance & Financial Services

Based on public information · Profile not yet claimed

Licensed agency · channel not confirmed

Offices: Canton · Ohio
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Ownership history

  • Ownership change documented · 2013 · Martha became sole owner
  • Ownership change documented · 1986 · Carl’s son, Kelly took over the role after becoming a licensed agent in 1986.

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

K Palmer Insurance & Financial Services is a licensed insurance agency licensed in Minerva, OH. Lines listed: Personal Insurance, Commercial Insurance. Founding or history: 1995. Agency Match assessments based on public information: Business Partnerships low. 11 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.
  • Looking to Buy: not enough public facts for a score.
  • Open to Selling: not enough public facts for a score.
  • Mentorship & Peer Connections: not enough public facts for a score.
  • Business Partnerships: scored from specialties, markets and carriers published on the agency's website.

Research

Detailed profile

Geography

1 documented offices

Ownership events

2

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

Insufficient Evidence

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

Why: Three or more named leaders; public history of 15+ years in business or in the industry

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. Three or more named leaders (supporting)+10 pts
  2. Public history of 15+ years in business or in the industry (supporting)+5 pts

Total: 15 points → Insufficient Evidence: a rating needs at least two facts including one core factor for this assessment.

Confidence (separate from the rating): not given without a rating · 4 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 · 5

Acquisition Research Fit is low. Formation year 1995 is on a verified record (31 years in operation). 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.

  • Formation year 1995 is on a verified record (31 years in operation). Verified · +5 ptskpalmerinsurance.com

Transition signals

  • This agency has bought another book or agency. That is buyer activity.

Countervailing evidence: This agency has bought another book or agency. That is buyer activity.

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

Insufficient Evidence

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

Why: Public history of 15+ years in business or in the industry; three or more named leaders

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. Three or more named leaders (supporting)+5 pts

Total: 15 points → Insufficient Evidence: a rating needs at least two facts including one core factor for this assessment.

Confidence (separate from the rating): not given without a rating · 4 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 · Low confidence: few public facts

Why: Niche specialty line documented; both personal and commercial lines documented

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. Niche specialty line documented+20 pts
  2. Both personal and commercial lines documented+10 pts

Total: 30 points → Agency Match score 30/100, 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: Which partnerships the agency would welcome; Carrier appointments not published online.

Record & channel

License recordPublicly sourced

Ohio resident business-entity license (NPN 18229760), licensed at Minerva, OH

gateway.insurance.ohio.gov
ChannelUnknown

Licensed agency · channel not confirmed

No published statement found yet saying whether this agency is independent or represents one carrier.

OwnershipUnknown

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

Website: www.kpalmerinsurance.com

Locations & footprint

Canton, Ohio

Operating office

PublishedBrowse city

Minerva, Ohio

Licensed in state

RecordBrowse city

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

Highlights

Personal Insurance, Commercial InsuranceFounding: 1995

Story so far

  1. 2013

    Martha became sole owner

    Published
  2. 2017

    Hunter acquired the business

    Published

    Historical event: not credited to this agency as a buyer. Individual acquired the business.

People & affiliations

Hunter Palmer - PresidentPublished

Hunter Palmer - President

Amanda Palmer - Director of Agency OperationsPublished

Amanda Palmer - Director of Agency Operations

Ryan Headley - Northeast Regional ManagerPublished

Ryan Headley - Northeast Regional Manager

Names & entities

K PALMER INSURANCE & FINANCIAL SERVICESRecord

Legal name on license record

Facts from published sources (11 verified)

Office locationPublicly sourced

Minerva, Fostoria & Canton Ohio

“Minerva, Fostoria & Canton Ohio Insurance Agency”
kpalmerinsurance.com
FoundingPublicly sourced

1995

“Kelly went on to establish K. Palmer & Associates Insurance Agency with his wife, Martha in 1995.”
kpalmerinsurance.com
Ownership eventPublicly sourced

Martha became sole owner

“In 2013, Martha became the sole owner of K. Palmer & Associates and she remains here as an agent today.”
kpalmerinsurance.com
AcquisitionPublicly sourced

Hunter acquired the business

“Kelly and Martha’s son, Hunter acquired the business in 2017.”
kpalmerinsurance.com
LeadershipPublicly sourced

Leadership: Hunter Palmer - President

“Hunter Palmer - President”
kpalmerinsurance.com
LeadershipPublicly sourced

Leadership: Amanda Palmer - Director of Agency Operations

“Amanda Palmer - Director of Agency Operations”
kpalmerinsurance.com
LeadershipPublicly sourced

Leadership: Ryan Headley - Northeast Regional Manager

“Ryan Headley - Northeast Regional Manager”
kpalmerinsurance.com
Line of businessPublicly sourced

Personal Insurance, Commercial Insurance

“Products Personal Insurance Commercial Insurance”
kpalmerinsurance.com
Office locationPublicly sourced

Minerva, Fostoria & Canton Ohio

“Minerva, Fostoria & Canton Ohio Insurance Agency”
kpalmerinsurance.com
Line of businessPublicly sourced

Lines of business: Farm Succession

“Farm Succession”
kpalmerinsurance.com
Ownership eventPublicly sourced

Ownership event: Carl’s son, Kelly took over the role after becoming a licensed agent in 1986.

“Carl’s son, Kelly took over the role after becoming a licensed agent in 1986.”
kpalmerinsurance.com