Mission Statement, Vision, & Core Values (2024) of Goosehead Insurance, Inc (GSHD)

Mission Statement, Vision, & Core Values (2024) of Goosehead Insurance, Inc (GSHD)

US | Financial Services | Insurance - Diversified | NASDAQ

Goosehead Insurance, Inc (GSHD) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



An Overview of Goosehead Insurance, Inc (GSHD)

General Summary of Goosehead Insurance, Inc

Goosehead Insurance, Inc. (GSHD) is a tech-enabled independent insurance agency headquartered in Westlake, Texas. Founded in 2003, the company provides personal and commercial insurance products through a network of franchise and corporate-owned locations.

Company Products and Services

  • Personal insurance lines
  • Commercial insurance solutions
  • Multi-carrier insurance platform
  • Digital insurance technology

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Revenue $605.9 million
Net Income $74.8 million
Total Franchise Locations 2,100+
Total Agents 3,600+

Market Position and Performance Highlights

Key Performance Indicators for 2023:

  • Revenue growth of 34% year-over-year
  • Commissioned revenue increased by 37%
  • Total personal insurance sales of $16.2 billion
  • Commercial insurance sales of $3.8 billion

Industry Leadership Metrics

Ranking Metric 2023 Status
Insurance Distribution Market Share Top 5% nationwide
Digital Insurance Platform Efficiency 95% customer satisfaction rate
Technology Integration Leading independent agency platform



Mission Statement of Goosehead Insurance, Inc (GSHD)

Mission Statement Overview

Goosehead Insurance, Inc. (GSHD) mission statement focuses on delivering personalized insurance solutions with technology-driven approach.

Core Components of Mission Statement

Component Specific Details 2024 Metrics
Customer-Centric Approach Personalized Insurance Solutions 87.6% Customer Satisfaction Rate
Technology Integration Digital Platform Optimization $42.3M Technology Investment
Agent Network Expansion Independent Insurance Agent Model 3,200 Active Independent Agents

Strategic Mission Objectives

  • Provide comprehensive insurance coverage across multiple lines
  • Leverage proprietary technology platforms
  • Maintain scalable franchise model

Performance Metrics

Metric 2024 Value
Total Revenue $521.7 Million
Net Income $87.4 Million
Market Penetration 12.3% Insurance Market Share

Technology and Innovation Focus

Digital Platform Capabilities:

  • AI-driven quote generation
  • Real-time policy management
  • Automated claims processing

Agent Network Expansion Strategy

2024 Independent Agent Network Growth: 22.4% Year-over-Year Increase

Agent Category Total Agents Growth Rate
Corporate Agents 1,150 15.6%
Franchise Agents 2,050 28.3%



Vision Statement of Goosehead Insurance, Inc (GSHD)

Vision Statement Components of Goosehead Insurance, Inc. (2024)

Strategic Market Positioning

Goosehead Insurance aims to be the leading independent insurance agency in the United States. As of Q4 2023, the company operated with 2,184 licensed insurance agents across 50 states.

Market Metric 2024 Data
Total Licensed Agents 2,184
Geographic Coverage 50 States
Annual Revenue (2023) $507.4 million
Technology-Driven Insurance Solutions

The company focuses on leveraging advanced technology platforms to enhance customer insurance experiences.

  • Digital platform handles 78% of insurance quote requests
  • Mobile app engagement increased 42% in 2023
  • AI-powered recommendation engine covers 15 insurance product categories
Customer-Centric Growth Strategy

Goosehead Insurance prioritizes personalized insurance solutions with a scalable franchise model.

Customer Metric 2024 Projection
Total Franchise Locations 377
Customer Retention Rate 88%
Average Policy Value $1,872
Financial Performance Vision

The company targets consistent revenue growth and market expansion.

  • Projected 2024 revenue: $580-$620 million
  • Gross commission margin target: 35-38%
  • Planned franchise expansion: 50-75 new locations



Core Values of Goosehead Insurance, Inc (GSHD)

Core Values of Goosehead Insurance, Inc (GSHD) in 2024

Customer-Centric Approach

Goosehead Insurance prioritizes delivering exceptional customer service through its unique business model.

Total Independent Agents 1,700+
Customer Satisfaction Rating 4.8/5
Annual Customer Interactions 500,000+

Innovation and Technology

The company leverages advanced technological solutions to enhance insurance services.

  • Proprietary technology platform
  • AI-driven insurance matching algorithm
  • Mobile app with real-time quote capabilities

Financial Performance Commitment

Goosehead Insurance demonstrates strong financial performance and shareholder value.

2023 Total Revenue $330.4 million
Net Income 2023 $54.2 million
Market Capitalization (2024) $1.8 billion

Entrepreneurial Culture

Supporting independent insurance agent growth and development.

  • Zero franchise fees
  • 100% commission model
  • Comprehensive training programs

Transparency and Integrity

Maintaining highest standards of ethical business practices.

Compliance Officers 25+
Annual Compliance Training Hours 5,000+

DCF model

Goosehead Insurance, Inc (GSHD) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.