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Trucordia

Full company profile

uuid00008wu

Namestring
Trucordia
Legal namestring
Trucordia Insurance Services, LLC
Websiteurl
trucordia.com
Company typeenum
Private
Founded yearint
2024
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersLindon, United States
HQ citystring
Lindon
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices8 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
commercial insurance brokerage, personal insurance solutions, employee benefits advisory, risk management services, insurance distribution
NAICS code2 codes
  • Agencies, Brokerages, and Other Insurance Related Activities5242
  • Insurance Agencies and Brokerages524210
SIC code1 code
  • Insurance Agents, Brokers & Service6411
Product category
Insurance Brokerage
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Commercial Insurance Brokerage
TypeSubscription Recurring
Description

Trucordia earns commissions from carriers for placing commercial property and liability insurance for businesses across industries including agriculture, construction, transportation, healthcare, manufacturing, and more.

2Personal Insurance Brokerage
TypeSubscription Recurring
Description

Commissions from personal lines insurance including auto, home, life, recreational vehicles, and travel insurance for individuals and families.

3Employee Benefits
TypeSubscription Recurring
Description

Revenue from group benefits solutions including health insurance, dental, vision, life, disability, voluntary benefits, and Medicare solutions for employers.

4Insurance Markets and Broking
TypeTransaction Fee
Description

MGA/MGU platform development and brokerage strategy operations managing carrier partnerships with programs representing over US$2 billion in annual gross written premium.

insurancebusinessmag.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 2 records shown
1Insubuy
Description

A Trucordia business specializing in travel insurance solutions, allowing customers to compare plans from top-rated carriers.

trucordia.com
+1 more record
Core offering1 text field

Trucordia is a full-service insurance brokerage that places commercial property and liability insurance for businesses across industries (agriculture, construction, transportation, healthcare, manufacturing, financial institutions, hospitality, real estate, and more), personal lines insurance (auto, home, life, recreational vehicles, travel) for individuals and families, and group/employee benefits solutions (health, dental, vision, life, disability, Medicare) for employers. Revenue is earned primarily through carrier commissions, supplemented by an MGA/MGU Insurance Markets and Broking platform representing over US$2 billion in annual gross written premium.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Top 20 U.S. insurance brokerage ranking
+2 more records
Product overview1 text field

Trucordia operates as a platform-plus-modules insurance brokerage offering three core solution categories: Business Solutions (commercial insurance and proactive risk solutions), Personal Solutions (auto, life, home, travel coverage), and Benefits Solutions (group/individual benefits, Medicare, life insurance). The company serves nearly three dozen industries including agriculture, transportation, construction, healthcare, and hospitality. Key products include Trucordia Go (AI-enabled consumer application for home and auto insurance), specialized industry solutions, and proprietary risk assessment tools like the Carrier Underwriting Snapshot Report and Fleet SMS Report. The company also operates subsidiaries including Insubuy (travel insurance) and Good's Insurance (transportation insurance). Trucordia rebranded from PCF Insurance Services in October 2024 and ranks among the top 20 U.S. insurance brokerages.

Product and service8 records
1Business Solutions (Commercial Insurance)
CategoryCommercial Insurance Brokerage
Description

Commercial property and liability insurance plus proactive risk solutions for businesses across industries including agriculture, construction, transportation, healthcare, manufacturing, financial institutions, hospitality, real estate, and more.

2Personal Solutions (Personal Insurance)
CategoryPersonal Insurance Brokerage
Description

Personal insurance coverage for individuals and families including auto, home, life, high-value assets, travel, and recreational vehicles.

3Benefits Solutions (Employee Benefits)
CategoryEmployee Benefits Brokerage
Description

Flexible benefits solutions for businesses and individuals including group benefits, individual benefits, Medicare solutions (group and individual), and life insurance.

4Agriculture Insurance
CategoryIndustry-Specific Insurance (Agriculture)
Description

Tailored agricultural insurance solutions covering farm and ranch protection, crop damage, agricultural equipment, liability, weather risk management, and market fluctuation support for farmers and ranchers.

5Transportation Insurance
CategoryIndustry-Specific Insurance (Transportation)
Description

Insurance solutions for trucking and transportation companies including fleet coverage, liability, FMCSA Drug and Alcohol Clearinghouse compliance, and nuclear verdict protection.

6Trucordia Go
CategoryAI Insurance Application
Description

AI-enabled consumer-facing application that allows users to explore and purchase home and auto insurance solutions through conversational AI-powered interface, combining tech-powered speed with personalized client care.

7Insubuy
CategoryTravel Insurance Brokerage
Description

A Trucordia business specializing in travel insurance solutions, enabling customers to compare plans from top-rated carriers for trip cancellations, medical emergencies, baggage delays, and travel delays.

8Insurance Markets and Broking (MGA/MGU Platform)
CategoryInsurance Program Administration
Description

MGA/MGU platform managing carrier partnerships with programs representing over US$2 billion in annual gross written premium.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeTechnology or Integration
Description

Trucordia leverages Vertafore as its technology partner of choice to unify operations across its network of agencies, supporting technology integration and platform standardization.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Bluewire AI provides risk assessment tools for transportation clients, analyzing public data to score trucking companies on vulnerabilities to nuclear verdicts. The partnership provides Trucordia's transportation clients with proactive risk identification capabilities.

Strategic tierCoreTypeGTM or Marketing Partner
Description

Trucordia is a founding sponsor of the NHL's Utah Hockey Club, providing brand visibility and community engagement as the team represents Utah's first major professional hockey franchise.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Trucordia partnered with Utah Valley University to sponsor an educational outreach event bringing students to see Yo-Yo Ma perform, part of the company's community outreach efforts.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Good's Insurance Agency is a Trucordia business and member of Trucordia's Transportation Group, providing trucking insurance services as part of the national platform.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries14 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds7 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors7 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A56 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Trucordia

Insurance Brokeragetrucordia.com

Trucordia firmographics

Firmographics
Name
Trucordia
Legal name
Trucordia Insurance Services, LLC
Website
https://trucordia.com
Company type
Private
Founded year
2024
Operating status
Operating
Headcount range
5,001–10,000 employees
Ownership category
akta.pro rank

Where Trucordia is headquartered

Location

Headquarters

HQ city
Lindon
HQ country
United States
HQ region
North America

Offices8 records

Markets served

Trucordia business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Commercial Insurance Brokerage: Trucordia earns commissions from carriers for placing commercial property and liability insurance for businesses across industries including agriculture, construction, transportation, healthcare, manufacturing, and more.
  2. Personal Insurance Brokerage: Commissions from personal lines insurance including auto, home, life, recreational vehicles, and travel insurance for individuals and families.
  3. Employee Benefits: Revenue from group benefits solutions including health insurance, dental, vision, life, disability, voluntary benefits, and Medicare solutions for employers.
  4. Insurance Markets and Broking: MGA/MGU platform development and brokerage strategy operations managing carrier partnerships with programs representing over US$2 billion in annual gross written premium.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Trucordia product offering

Product offering

Core offering

Trucordia is a full-service insurance brokerage that places commercial property and liability insurance for businesses across industries (agriculture, construction, transportation, healthcare, manufacturing, financial institutions, hospitality, real estate, and more), personal lines insurance (auto, home, life, recreational vehicles, travel) for individuals and families, and group/employee benefits solutions (health, dental, vision, life, disability, Medicare) for employers. Revenue is earned primarily through carrier commissions, supplemented by an MGA/MGU Insurance Markets and Broking platform representing over US$2 billion in annual gross written premium.

Product overview

Trucordia operates as a platform-plus-modules insurance brokerage offering three core solution categories: Business Solutions (commercial insurance and proactive risk solutions), Personal Solutions (auto, life, home, travel coverage), and Benefits Solutions (group/individual benefits, Medicare, life insurance). The company serves nearly three dozen industries including agriculture, transportation, construction, healthcare, and hospitality. Key products include Trucordia Go (AI-enabled consumer application for home and auto insurance), specialized industry solutions, and proprietary risk assessment tools like the Carrier Underwriting Snapshot Report and Fleet SMS Report. The company also operates subsidiaries including Insubuy (travel insurance) and Good's Insurance (transportation insurance). Trucordia rebranded from PCF Insurance Services in October 2024 and ranks among the top 20 U.S. insurance brokerages.

Differentiator

Problem solved

Functional benefit

Brands

  • Insubuy: A Trucordia business specializing in travel insurance solutions, allowing customers to compare plans from top-rated carriers.
  • Trucordia Go

Products and services

  • Business Solutions (Commercial Insurance) Commercial property and liability insurance plus proactive risk solutions for businesses across industries including agriculture, construction, transportation, healthcare, manufacturing, financial institutions, hospitality, real estate, and more.
  • Personal Solutions (Personal Insurance) Personal insurance coverage for individuals and families including auto, home, life, high-value assets, travel, and recreational vehicles.
  • Benefits Solutions (Employee Benefits) Flexible benefits solutions for businesses and individuals including group benefits, individual benefits, Medicare solutions (group and individual), and life insurance.
  • Agriculture Insurance Tailored agricultural insurance solutions covering farm and ranch protection, crop damage, agricultural equipment, liability, weather risk management, and market fluctuation support for farmers and ranchers.
  • Transportation Insurance Insurance solutions for trucking and transportation companies including fleet coverage, liability, FMCSA Drug and Alcohol Clearinghouse compliance, and nuclear verdict protection.
  • Trucordia Go AI-enabled consumer-facing application that allows users to explore and purchase home and auto insurance solutions through conversational AI-powered interface, combining tech-powered speed with personalized client care.
  • Insubuy A Trucordia business specializing in travel insurance solutions, enabling customers to compare plans from top-rated carriers for trip cancellations, medical emergencies, baggage delays, and travel delays.
  • Insurance Markets and Broking (MGA/MGU Platform) MGA/MGU platform managing carrier partnerships with programs representing over US$2 billion in annual gross written premium.

Quantifiable outcome

  • Top 20 U.S. insurance brokerage ranking
  • +2 more outcomes

Companies that use Trucordia

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Trucordia technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Trucordia partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • VertaforecoreTechnology or IntegrationTrucordia leverages Vertafore as its technology partner of choice to unify operations across its network of agencies, supporting technology integration and platform standardization.
  • Bluewire AIcoreStrategic or Co-development PartnerBluewire AI provides risk assessment tools for transportation clients, analyzing public data to score trucking companies on vulnerabilities to nuclear verdicts. The partnership provides Trucordia's transportation clients with proactive risk identification capabilities.
  • Utah Hockey ClubcoreGTM or Marketing PartnerTrucordia is a founding sponsor of the NHL's Utah Hockey Club, providing brand visibility and community engagement as the team represents Utah's first major professional hockey franchise.
  • Utah Valley UniversityminorGTM or Marketing PartnerTrucordia partnered with Utah Valley University to sponsor an educational outreach event bringing students to see Yo-Yo Ma perform, part of the company's community outreach efforts.
  • Good's Insurance AgencycoreChannel Partner/ Reseller/ DistributorGood's Insurance Agency is a Trucordia business and member of Trucordia's Transportation Group, providing trucking insurance services as part of the national platform.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Trucordia competitors and assessment

Company assessment

Market position

Weaknesses5 records

Competitive moat5 records

Customer concentration

Trucordia social profiles

Digital presence

Trucordia financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Trucordia leadership team

Management profile

Number of profiles

Profiles13 records

Trucordia subsidiaries and ownership

Company hierarchy

Subsidiaries14 records

Trucordia funding detail

Funding detail

Funding overview

Funding rounds7 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Trucordia M&A and investment

M&A and investment

M&A56 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trucordia

What does Trucordia do?

Trucordia is a full-service insurance brokerage that places commercial property and liability insurance for businesses across industries (agriculture, construction, transportation, healthcare, manufacturing, financial institutions, hospitality, real estate, and more), personal lines insurance (auto, home, life, recreational vehicles, travel) for individuals and families, and group/employee benefits solutions (health, dental, vision, life, disability, Medicare) for employers. Revenue is earned primarily through carrier commissions, supplemented by an MGA/MGU Insurance Markets and Broking platform representing over US$2 billion in annual gross written premium.

Is Trucordia a public or private company?

Trucordia is a private company. It is classified as private equity controlled and is currently operating.

When was Trucordia founded?

Trucordia was founded in 2024. It employs 5,001 to 10,000 people.

Where is Trucordia based?

Trucordia is headquartered in Lindon, United States, in the North America region.

How does Trucordia make money?

Four revenue lines are on record. Commercial Insurance Brokerage is the primary driver. The others are personal Insurance Brokerage, employee Benefits and insurance Markets and Broking.

Does Trucordia have an API?

No public API is recorded for Trucordia.

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Live signals
Business InsuranceBroker consolidation shifts from dealmaking to integrationInsurance brokerage consolidation is shifting from dealmaking to integration, with executives citing stabilized valuations and higher interest rates. Organic growth is now a key differentiator, and technology investment is driving further deals. Trucordia and EPIC are integrating acquired firms, while McGill and Partners plans no acquisitions.Business InsuranceVideo: The BI Interview with Jeff Lang of Trucordia - Business InsuranceJeff Lang, senior vice president and California platform leader at Trucordia, discusses the sports and entertainment insurance market in a video interview. He covers lessons from the FIFA World Cup and how organizations in the sector are evolving their risk management strategies.Insurance Business America“If you’re not taking care of your client, someone else will”Trucordia CEO Felix Morgan told Insurance Business that the soft commercial insurance market, especially in California, is a top pain point for brokers, with competitors aggressively targeting existing accounts. He said client retention now depends on value-added advice rather than price competition, and Trucordia is shifting from a two-year acquisition spree adding roughly 200 businesses to more selective, larger deals.Insurance Business AmericaWill AI change agency valuations? Buyers are starting to draw a lineInsurance brokerage buyers are increasingly screening targets for technology and AI readiness, with CEOs Felix Morgan of Trucordia and Brian Morgan of AGI citing integration mechanics and data architecture as deal constraints. Adoption remains uneven, with only 13% of brokers using AI tools across multiple business areas. Morgan expects firms to sort into tiers rather than see multiples reprice overnight.Insurance Business AmericaExtreme weather risk starts long before the storm arrivesJeff Lang, senior vice president and California platform leader at Trucordia, argues in an interview that businesses fundamentally misframe extreme weather risk by treating it as an event rather than an ongoing business risk, when in fact the most significant disruptions from events like Hurricane Ian and Winter Storm Uri ran through supply chains, transportation networks, and power infrastructure far from physical damage to buildings. Lang cites Swiss Re Institute data showing Hurricane Ian generated $50–65 billion in insured losses in September 2022, making it the second-costliest insured event on record, and emphasizes that most continuity plans fail because they focus on facility protection rather than operational dependencies including suppliers, workforce access, and utility resilience. The article positions resilience as a competitive advantage, arguing that organizations that test their plans through scenario exercises and stress-testing will recover faster and better serve customers when disruptions occur.Insurance Business AmericaTrucordia acquires Shipley & Pease in specialty liability pushTrucordia has acquired the assets of Shipley & Pease Insurance, a Woodinville, Washington-based specialty brokerage specializing in architects and engineers professional liability, in a deal executed in August 2026. The acquisition follows Trucordia's purchase of Dominion Insurance Services in late July 2026, marking a deliberate strategy to build out specialty professional liability capabilities through targeted niche acquisitions rather than pursuing the volume-driven consolidation typical of private equity-backed platforms. Competitors in the Pacific Northwest professional liability market should anticipate a more resourced rival, as the deal gives Trucordia's former boutique operation the backing of a national, well-capitalized platform.Insurance Business AmericaTrucordia acquires Shipley & Pease in specialty liability pushTrucordia has acquired the assets of Shipley & Pease Insurance, a specialized architects and engineers professional liability brokerage founded in 1996 and based in Woodinville, Washington, marking its second specialty acquisition within weeks after picking up Dominion Insurance Services in late July 2026. The deal underscores a deliberate strategy by well-capitalized platforms to build specialty expertise through targeted niche acquisitions rather than pursuing volume-driven consolidation typical of private equity-backed platforms. Competitors in the Pacific Northwest and professional liability space should expect a more resourced rival as Shipley & Pease transitions to operating under a national platform with expanded regional reach.AijournTrucordia Acquires Assets of Shipley & Pease Insurance, Expanding Specialty Experience in Professional LiabilityTrucordia, a top 20 U.S. insurance brokerage headquartered in Lindon, Utah, announced on August 4, 2026 that it has acquired the assets of Shipley & Pease Insurance, a specialized brokerage with 30 years of experience in professional liability for architects and engineers. Shipley & Pease achieved 500% growth over the past decade, driven largely by referrals, and is a founding member of AE ProNet, a nationally recognized network of brokers focused on this sector. The acquisition will enable the Shipley & Pease team to continue its personalized service model while gaining access to broader national reach and additional resources through Trucordia's platform.TrucordiaTrucordia Acquires Assets of Shipley & Pease Insurance, Expanding Specialty Experience in Professional LiabilityTrucordia acquired the assets of Shipley & Pease Insurance, a professional liability brokerage for architects and engineers. The firm, founded in 1996, has grown 500% over the past decade and is a founding member of AE ProNet. The team will continue its service under Trucordia with broader reach.PR NewswireTrucordia Acquires Assets of Shipley & Pease Insurance, Expanding Specialty Experience in Professional LiabilityTrucordia acquired the assets of Shipley & Pease Insurance, a professional liability brokerage for architects and engineers. The firm, founded in 1996, has grown 500% over the past decade and is a founding member of AE ProNet. The team will continue delivering personalized service under Trucordia's broader reach.