Incline

What Incline does

Incline P&C Group, founded in 2015 and headquartered in Austin, Texas, is a privately held insurance program market services firm that operates a hybrid fronting platform for managing general agents (MGAs), program administrators, and reinsurers. The company provides the carrier capacity, regulatory licensing, and operational infrastructure required to issue and service specialty property-and-casualty programs, while partner MGAs supply underwriting vision and distribution. Incline underwrites across personal auto, commercial auto, transportation, homeowners, flood, motorcycle, pet, and workers' compensation through four carrier subsidiaries — Incline Americas (non-admitted, launched 2024), Incline Casualty, Incline National (both admitted, acquired 2020), and Redpoint County Mutual (Texas county mutual, founded 2015) — and is licensed in 44 states with an AM Best A- (Excellent) Financial Strength Rating at Financial Size Category VIII.

The company's core operating asset is the Incline P&C Services Platform, which integrates claims services, administrative services (bordereaux reporting, contract lifecycle management, rate adequacy reviews), technology services, and reinsurance structuring under a single fronting arrangement. Distribution occurs exclusively through B2B channels — 52 independent MGAs and general agents — with end policyholders reached indirectly via independent insurance agents working with those MGA partners. The business model is built on recurring insurance premiums augmented by managed program services revenue, with disclosed annual written premium of $1.6B and $6.2B in cumulative program business managed over the past decade.

Incline is led by President & CEO Chris McClellan, supported by a senior team with deep P&C experience drawn from carriers such as Sompo International, Zurich, Argo Group, Endurance Re, Third Point Re, and Fairfax/Odyssey Re. The firm received a $125M growth equity investment from Braemont Capital in June 2023, has appeared on the Inc. 5000 for four consecutive years (2022–2025), and continues to expand through new carrier launches, strategic MGA partnerships (including Root, Hippo, Embark, 5Star/CRC, and Bamboo Insurance), and senior leadership additions in risk, technology, and reinsurance functions.

Name

Incline

Legal name

Incline P&C Group

Website

https://inclinepc.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

Incline P&C Group is a privately held Austin-based hybrid fronting carrier serving MGAs and reinsurers across 44 states with $1.6B in written premium, four A- rated subsidiaries, and integrated program, claims, administrative, and reinsurance services.

Ownership category

akta.pro rank

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Incline generates revenue by underwriting insurance programs through its carrier subsidiaries. The company writes premiums across multiple lines including private passenger auto, cargo, commercial auto, flood, homeowners, motorcycle, pet, and workers' compensation. In 2023, the company achieved over $1 billion in written premiums.
2. Program Management Services: Administrative services, technology services, claims services, and other value-add services for MGAs and program administrators

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Incline P&C Group operates as a hybrid insurance fronting platform providing underwriting capacity, claims services, administrative services, and technology services for managing general agents (MGAs), program administrators, and reinsurers. The company writes insurance premiums through four carrier subsidiaries (Incline Americas, Incline Casualty, Incline National, Redpoint County Mutual) across multiple property and casualty lines including private passenger auto, cargo, commercial auto, flood, homeowners, motorcycle, pet, and workers' compensation.

Product overview

Incline P&C Group operates as a premier insurance program market services firm offering a hybrid fronting platform designed for MGAs and reinsurers. The core offering is the Incline P&C Services Platform, which integrates four main service modules: Incline Claims Services, Administrative Services, Technology Services, and reinsurance expertise. The company operates through a family of four insurance carriers—Incline Americas Insurance Company (non-admitted), Incline Casualty Company, Incline National Insurance Company, and Redpoint County Mutual—each strategically positioned to serve specific market segments and program needs. Together, these carriers and service modules enable the company to deliver comprehensive program insurance solutions across property and casualty lines including private passenger auto, cargo, commercial auto, flood, homeowners, motorcycle, pet, and workers' compensation insurance.

Differentiator

Problem solved

Functional benefit

Products and services

• Incline P&C Services Platform The core hybrid fronting platform that delivers integrated administrative and technology services for program administrators, MGAs, and reinsurers, enabling disciplined underwriting, active program management, and risk management.
• Incline Claims Services Claims management and processing services supporting program stability and stakeholder protection, including claims adjusting advice and oversight.
• Administrative Services Comprehensive administrative support including bordereaux and program reporting, contract lifecycle management, and rate adequacy reviews.

Quantifiable outcome

• $1 billion+ written premium achieved in 2023
• +2 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core.

• Michelle Hubicki (Director of Reinsurance)coreOthers · 18 May 2026Michelle Hubicki was appointed as Director of Reinsurance at Incline P&C Group. In this role, she leads core treaty renewals and programme placements across multiple lines of business while representing the company in reinsurance market relations.
• Bamboo InsurancecoreStrategic or Co-development Partner · 1 April 2025Bamboo Insurance partnered with Incline P&C Group to expand home insurance options in the California market. The partnership leverages Bamboo's underwriting platform and Incline's financial strength to provide additional capacity. Bamboo began underwriting admitted and non-admitted homeowners programs effective immediately, with the goal of providing affordable insurance coverage for hundreds of thousands of Californians.
• EmbarkcoreStrategic or Co-development Partner · 11 April 2022Embark, a next-generation insurance MGA, partnered with Incline P&C to expand availability of its non-standard auto insurance program to Florida. The partnership provides protection for underserved drivers, including those with foreign drivers' licenses or imperfect payment histories. Embark now serves 60% of the U.S. non-standard market through this and other partnerships.
• Strategic Insurance Underwriters (U.S. Risk Insurance Group)coreStrategic or Co-development Partner · 26 October 2021Strategic Insurance Underwriters, the Transportation Division of U.S. Risk Insurance Group, partnered with Incline P&C to extend transportation insurance services across 15 states. The partnership offers expertise, products, and risk management for agents securing coverage for policyholders, including primary liability, cargo liability, physical damage, and non-trucking liability programs.
• InsurTech RootcoreStrategic or Co-development Partner · 17 August 2021Incline P&C entered an issuing-carrier partnership with InsurTech Root. Root uses one of Incline Group's carriers in Texas to write personal auto insurance, with the program expected to write a substantial portion of Root's Texas business. The partnership reflects Incline's strategy of collaboration with InsurTechs.
• 5Star Specialty Programs (CRC Group)coreStrategic or Co-development Partner · 20 July 2021Incline P&C Group announced a partnership between its Incline Casualty Company carrier and CRC Group's 5Star Specialty Programs. 5Star is a full-service General Agent offering underwriting expertise in the transportation marketplace, extending Public Auto Program offerings utilizing Incline Casualty Company in over 30 states, covering charter buses, sightseeing buses, school buses, airport shuttles, and limousine services.
• HippocoreStrategic or Co-development Partner · 1 January 2021Incline P&C partnered with Hippo, an InsurTech company, for home insurance products. The partnership was announced alongside the Root deal as part of Incline's strategy to collaborate with major InsurTechs.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• SkyCover Insurance: SkyCover Insurance is a program fronting carrier that provides underwriting capacity and program services to MGAs and reinsurers, operating on a hybrid fronting model closely analogous to Incline P&C Group's structure.
• Accelerant: Accelerant is a specialty insurance platform that partners with MGAs and provides capital, risk-bearing capacity, and operational services, competing in the same hybrid fronting / program services category as Incline.
• Ategrity Specialty Insurance Company: Ategrity Specialty is a specialty P&C insurer focused on program business, E&S lines, and reinsurance-supported MGAs, directly comparable to Incline's multi-carrier program insurance model.
• Skyward Specialty Insurance Group: Skyward Specialty is a specialty P&C insurer with a hybrid fronting platform serving MGAs, reinsurers, and program administrators across multiple lines — a close operational analogue to Incline's four-carrier structure.
• Palomar Holdings: Palomar Holdings is a specialty insurer with a program business that provides fronting and capacity solutions through carrier subsidiaries, comparable to Incline in serving specialty program markets and InsurTech MGAs.
• Trisura Group: Trisura is a specialty insurer offering program insurance solutions through fronting arrangements with MGAs in the U.S. and Canada, operating a similar carrier-plus-services model as Incline P&C Group.

Emerging players

• Risk Placement Services (RPS): RPS is a wholesale broker and MGA that distributes program business and provides underwriting services, overlapping with Incline's role as a program services platform but without the same carrier balance sheet.

Broad incumbents

• Amwins: Amwins is a large wholesale distributor and specialty MGA that places complex and program business with carriers, overlapping with Incline's MGA/reinsurer intermediary role but at much greater scale.
• Burns & Wilcox: Burns & Wilcox is a major wholesale insurance broker and MGA serving specialty and program markets, comparable to the distribution side of Incline's business but operating without its own carrier subsidiaries.

Others

• CRC Group: CRC Group is a wholesale brokerage and program administrator that is an existing partner of Incline (5Star Specialty Programs); it competes indirectly as a program administrator channel that places business with carriers like Incline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/incline-p-c-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about Incline