Venbrook Insurance Services

What Venbrook Insurance Services does

Venbrook Insurance Services is a fully integrated U.S. insurance distribution and risk management firm headquartered in Woodland Hills, California, tracing its origins to CalPro Brokerage (1995) and the retail brokerage entity formed in 2000. The company operates a platform spanning retail property and casualty brokerage, wholesale brokerage (Brooks Insurance Agency), specialty program administration (Real Estate, Construction, Transportation, Fitness, Comstar LRO), employee benefits, higher education/student insurance (including the exclusive 25-year Anthem SAIN partnership), private client services for high-net-worth individuals, and third-party claims administration (Carl Warren & Company). It serves commercial enterprises, real estate owners and developers, colleges and universities (notably nearly 80 California Community Colleges and HBCUs), high-net-worth individuals, public entities, and retail insurance brokers via wholesale access across 34 states.

The company generates revenue primarily through carrier-paid commissions on placed business across P&C, employee benefits, and specialty lines, supplemented by fees from third-party claims administration (Carl Warren), specialty program administration including proprietary programs such as Comstar LRO with up to $115M Total Insured Value capacity, and wholesale brokerage fees through Brooks Insurance Agency. Go-to-market combines direct retail field sales for commercial and personal lines, wholesale distribution to retail brokers, and specialty program desks for niche risks, supported by relationships with 350+ carriers and 80+ preferred wholesale carrier partners. Recent technology initiatives include a strategic September 2025 partnership with Cognizant for AI-driven claims modernization (automated processing, fraud detection, customer experience) and the Sayata comparative rater integration for cyber quoting through Brooks.

Ownership and capital structure reflect a private equity roll-up model: Venbrook Group, LLC is the parent entity, with Parthenon Capital as the controlling private equity sponsor since 2021, funding a multi-year acquisition program that absorbed Brooks Insurance Agency (2016), Student Insurance (2018), Carl Warren & Company (2019), and in 2021 InterContinental Insurance Brokers, RD Parisi Associates, David Morse & Associates, Alpharetta Underwriters, DMA Claims, and Megan Insurance. Leadership depth is substantial — Founder/CEO Jason Turner, Executive Vice Chairman Gregory Econn (five decades of real estate/construction broking), and 2026 appointees CFO Kenneth Ward, President of Retail P&C Tom Sleeper, and Chief Claims Officer Awais Farooq (CPCU/AIC) — and the firm reports 97% client retention across an integrated service offering.

Name

Venbrook Insurance Services

Legal name

Venbrook Group, LLC

Website

https://venbrook.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Insurance Brokerage and Risk Management

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242), Claims Adjusting (524291)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD)

akta.pro secondary industries

Directors & Officers (D&O) Liability (FSAJADAF), Commercial General Liability (CGL) (FSAJADAA), Disability Buy-Sell / Business Continuation Insurance (FSAIAIAL), Nonprofit / Social Services BOP (FSAJAFAM)

Keywords

• Commercial insurance brokerage
• Wholesale insurance distribution
• Claims management services
• Employee benefits administration
• Specialty insurance programs

Headquarters

HQ city

Woodland Hills

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Insurance Brokerage Commissions: Venbrook generates revenue through commissions paid by insurance carriers for placing business. The company operates as both a retail and wholesale broker, earning commissions on property and casualty, employee benefits, and specialty insurance products.
2. Third-Party Administrator (TPA) Services: Through Carl Warren & Company subsidiary, Venbrook provides claims administration services including independent adjusting, subrogation recovery, and litigation management for insurance companies, public entities, and captives.
3. Specialty Program Administration: Venbrook earns revenue through proprietary specialty insurance programs including real estate, construction, transportation, fitness, and other niche markets requiring specialized underwriting.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Venbrook Insurance Services is a fully integrated insurance brokerage and risk management firm that places commercial and personal insurance, administers employee benefits, runs third-party claims administration through Carl Warren & Company, distributes wholesale brokerage through Brooks Insurance Agency across 34 states, and operates proprietary specialty insurance programs in real estate, construction, transportation, fitness, and higher education. Revenue is generated from carrier commissions, TPA service fees, and specialty program administration.

Product overview

Venbrook Insurance Services operates as a fully integrated insurance services and risk management firm offering a platform-plus-modules architecture. The core portfolio includes Property & Casualty Insurance, Employee Benefits, Claims Services (through Carl Warren & Company), Wholesale Brokerage (via Brooks Insurance Agency), and Specialty Products. Key products and modules include: Real Estate Specialty Product, Builder's Risk Insurance, Higher Education/Student Insurance (Venbrook Student Insurance with SAIN), Travel Insurance, and Private Client Services. The company has grown through acquisitions including InterContinental Insurance Brokers (2021), RD Parisi Associates, David Morse and Associates, Brooks Insurance Agency (2016), Student Insurance (2018), and Carl Warren & Company (2019). They maintain over 350 carrier relationships and offer wholesale brokerage across 34 states.

Differentiator

Problem solved

Functional benefit

Brands

• Venbrook Student Insurance: Higher education division providing specialized insurance solutions including Sports Accident Insurance (SAIN), International and Domestic Student Health Plans, Property & Casualty, General Liability, Well-being solutions, and Employee Benefits for colleges and universities
• Brooks Insurance Agency
• InterContinental Insurance Brokers
• Carl Warren & Company
• SAIN (Student Athlete Insurance Network)
• Comstar LRO

Products and services

• Commercial Insurance (Property & Casualty) Commercial and personal Property & Casualty insurance covering Casualty and General Liability, Commercial Property and Auto, Workers' Compensation, Directors & Officers/Management Liability, Professional Liability, Cyber Liability and Privacy, Crime, and Employment Practices Liability, as well as private risk solutions (homeowners, auto, personal umbrella) for high-net-worth individuals.
• Employee Benefits Group medical, dental, vision, disability, FSA, employee assistance programs, enrollment, payroll, and compliance services for organizations seeking to attract, retain, and support their workforce.
• Claims Services (Carl Warren & Company) Third-party administrator (TPA) for end-to-end claims operations, independent adjusting for commercial and personal lines, and proactive investigations and subrogation services for insurance carriers, public entities, and captives through the Carl Warren & Company subsidiary (founded 1944).
• Wholesale Brokerage (Brooks Insurance Agency) Independent multi-line wholesale distributor providing coverage on both excess and surplus (E&S) and admitted basis across 34 states, with over 50 lines of coverage and preferred partner status with 80+ quality carriers, enabling retail brokers to access specialized coverage options.
• Specialty Products Proprietary specialty insurance programs for challenging risks including general liability for contractors, real estate and property protection, Lessor's Risk Only (LRO) coverage (Comstar LRO), transportation, and fitness. Includes Real Estate coverage for retail, office, industrial, high-rise, warehouse, self-storage, apartments, condominiums, hotels, and restaurants, plus Builder's Risk Insurance during construction.
• Higher Education Insurance (Venbrook Student Insurance) Insurance solutions for colleges, universities, and community colleges including Sports Accident Insurance (SAIN), International and Domestic Student Health Plans, Property & Casualty, General Liability, Well-being solutions, and Employee Benefits.
• Private Client Services Concierge insurance services for high-net-worth individuals including private risk solutions, homeowners, auto, and personal umbrella coverage.
• Global Insurance Contractor coverage and international insurance solutions for clients operating beyond domestic U.S. borders.
• Comstar LRO Program Enhanced, customizable Lessor's Risk Only insurance program for multi-use commercial and habitational property owners across the Western U.S., with comprehensive property and liability coverage, A+ XV-rated carrier backing, and up to $115M Total Insured Value limits.
• InterContinental Insurance Brokers Boston-based full-service insurance brokerage specializing in property and casualty insurance with expertise in commercial real estate, serving East Coast clients.

Quantifiable outcome

• 97% client retention and thriving partnerships
• +5 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• AnthemcoreStrategic or Co-development Partner · 26 May 2026Exclusive 25-year partnership with Anthem through the Sports Accident Insurance Network (SAIN) product. Venbrook Student Insurance leverages this partnership to provide comprehensive accident coverage for student-athletes at colleges and universities across multiple states.
• CognizantcoreTechnology or Integration · 20 September 2025Strategic partnership to implement AI-driven claims modernization in the insurance industry, focusing on automating claims processing, fraud detection, and improving customer experience. This collaboration aims to address common issues like delays, high costs, and errors in traditional claims handling.
• Professional Insurance Agents (PIA) New Jersey and New YorkminorOthersIndustry association membership enabling Brooks Insurance Agency to stay connected with the latest industry news, networking opportunities, and market developments beneficial for serving clients.
• Wholesale & Specialty Insurance Association (WSIA)minorOthersIndustry association membership for wholesale and specialty insurance professionals, providing networking, education, and market intelligence resources.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Hub International: PE-backed insurance brokerage platform operating retail, wholesale, specialty, and benefits distribution across North America. Closely comparable to Venbrook on integrated platform model, acquisition-led growth, and PE ownership structure.
• Acrisure: PE-backed (lingering) insurance brokerage that scaled rapidly via acquisitions into retail, wholesale, and specialty. Direct comparison point for Venbrook's roll-up strategy, technology investments, and eventual exit trajectory.
• RPS (Risk Placement Services): Wholesale-focused insurance distributor with specialty and E&S placement capabilities across the US. Comparable to Brooks Insurance Agency on wholesale distribution model and broker-of-broker positioning.
• Burns & Wilcox: Specialty wholesale brokerage and MGA platform with extensive carrier relationships. Comparable to Venbrook's wholesale and specialty programs businesses on E&S distribution and complex risk placement.
• Amwins: Largest US wholesale brokerage, specialty distributor, and MGU. Comparable to Brooks Insurance on wholesale scale and to Venbrook's specialty programs on binding authority and program management.
• Brown & Riding: Specialty wholesale brokerage and MGU operating across E&S and admitted markets. Comparable to Venbrook's specialty product group on program administration and hard-to-place risk placement.
• CBIZ Insurance Services: National insurance brokerage and risk management firm offering commercial, benefits, and claims services. Comparable to Venbrook on integrated retail brokerage platform and middle-market commercial focus.

Broad incumbents

• Marsh McLennan: Global insurance brokerage and risk advisory leader. Comparable as a broad incumbent that competes with Venbrook across commercial, specialty, and benefits lines, though at much larger scale and enterprise focus.
• Aon: Global professional services firm with major insurance brokerage and reinsurance operations. Comparable as a broad incumbent competing for large commercial accounts that Venbrook also targets.

Others

• Wells Fargo Insurance Services (now part of Marsh): Former carrier-affiliated brokerage that exited the brokerage business. Relevant precedent for carrier-owned distribution models that Venbrook's retail arm competes against in commercial and benefits lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@VenbrookVision
• Facebookfacebook.com/venbrook
• LinkedInlinkedin.com/company/venbrook
• Instagraminstagram.com/venbrookinsurance
• Xx.com/venbrook

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A3 records

Investments

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

Frequently asked questions about Venbrook Insurance Services