Jencap Group
Jencap Group LLC is a privately held U.S. wholesale insurance brokerage and program administrator (founded 2014, New York) serving independent retail agents nationwide with specialty coverage across 10 lines, binding authority, and 30 exclusive programs through its Jencap Program Administrators LLC subsidiary.
- Company typePrivate
- Founded2014
- HeadquartersNew York, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Jencap Group does
Jencap Group LLC is a privately held wholesale insurance brokerage and program administration platform founded in 2014 and headquartered at 1350 Broadway in New York City. The company operates three core service lines — Wholesale Brokerage, Binding Authority, and Exclusive Programs — administered primarily through its wholly owned subsidiary Jencap Program Administrators LLC, which manages 30 programs spanning admitted and non-admitted product offerings for the United States and Canada. Wholesale Brokerage delivers specialized coverage across 10 lines (Cannabis, Casualty, Construction, Energy, Environmental, Personal Lines, Professional Lines, Property, Transportation & Garage, and Workers' Compensation), supported by hundreds of specialized brokers and billions of dollars in associated premium placements.
The platform includes an agency portal providing policy document access, a quick quoting platform for binding authority across Environmental, Property & Casualty, and Transportation & Garage classes, and an enterprise-wide digital transformation program led by Chief Digital Officer Bijesh Jacob using a hybrid governance model. AI is used selectively for backend processes, and a telematics-driven fleet product was launched in December 2025 for operators of up to 15 units. Exclusive programs include Coastal Condominium (Condo ProTekt), Construction Managers, EIFS Contractors, Luxury Home Builders and Remodelers, Site Pollution Liability, Specialty General Contractors, Specialty Trade Contractors, and Storage Tanks, among others. Sub-brands MiniCo and Condo ProTekt sit under the Jencap Program Administrators umbrella.
Revenue is generated through three streams: insurance brokerage commissions from placing policies on behalf of retail agents, fees from program administration through the MGA/MGU structure, and premium finance services for payment flexibility. Jencap is rolling up the wholesale brokerage and program administration market through acquisitions, having acquired Delta General Agency Corporation in February 2022 to expand into Texas and Foresite Sports LLC in March 2024 to enter prize contingency and event insurance, with technology consolidation executed in partnership with Insurity.
Jencap Group firmographics
Firmographics- Name
- Jencap Group
- Legal name
- Jencap Group LLC
- Website
- https://jencapgroup.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Jencap Group LLC is a privately held U.S. wholesale insurance brokerage and program administrator (founded 2014, New York) serving independent retail agents nationwide with specialty coverage across 10 lines, binding authority, and 30 exclusive programs through its Jencap Program Administrators LLC subsidiary.
- Ownership category
- akta.pro rank
Jencap Group industry classification
Industry- Product category
- Wholesale Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
Keywords
Where Jencap Group is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Jencap Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Technology or R&D, Operations, Others
Revenue model
- Insurance Brokerage Commissions: Wholesale insurance brokerage generating revenue through commissions from placing insurance policies with carrier partners on behalf of retail agents.
- Program Administration: Managing general agency and underwriter programs administering 30 programs with mix of admitted and non-admitted product offerings, generating fees from program administration.
- Premium Finance: Premium finance services offered to customers for payment flexibility.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels10 records
Jencap Group product offering
Product offeringCore offering
Jencap Group is a wholesale insurance brokerage serving independent retail insurance agents nationwide. It places complex and specialty risks through carrier relationships and underwriting expertise across 10 specialty lines, provides binding authority services for quick-quoting on small business accounts, and administers 30 exclusive insurance programs (admitted and non-admitted) via its managing general agency subsidiary Jencap Program Administrators LLC. Revenue is generated primarily through commissions on placed policies, program administration fees, and premium finance services.
Product overview
Jencap Group is a wholesale insurance brokerage platform comprising three core service lines—Wholesale Brokerage, Binding Authority, and Exclusive Programs—operated primarily through its Jencap Program Administrators division. Wholesale Brokerage provides specialized coverage across 10 specialty lines (Cannabis, Casualty, Construction, Energy, Environmental, Personal Lines, Professional Lines, Property, Transportation & Garage, and Workers' Compensation). Binding Authority offers quick-quoting and binding capabilities for small business accounts across Environmental, Property & Casualty, and Transportation & Garage classes. Jencap Program Administrators serves as the managing general agency/managing general underwriter administering 30 exclusive programs including Coastal Condominium, Construction Managers, EIFS Contractors, Luxury Home Builders, Site Pollution Liability, Specialty General Contractors, Specialty Trade Contractors, and Storage Tanks, among others. The platform also includes specialty programs for telematics-driven fleet insurance.
Differentiator
Problem solved
Functional benefit
Brands
- MiniCo: A program brand under Jencap Program Administrators offering insurance programs including Adult Residential Facilities, Allied Health, Architects & Engineers Professional, Artisan Contractors, Commercial Self-Storage, Cyber, Equipment Breakdown, and other specialty lines.
- Condo ProTekt
Products and services
- Wholesale Brokerage Full-service wholesale insurance brokerage providing coverage across multiple specialty lines including Cannabis, Casualty, Construction, Energy, Environmental, Personal Lines, Professional Lines, Property, Transportation & Garage, and Workers' Compensation for independent retail insurance agents.
- Binding Authority Quick-quoting and binding service providing agency partners access to rapid indications, quotes, and binders on small business accounts across Environmental, Property & Casualty, and Transportation & Garage lines.
- Jencap Program Administrators Full-service managing general agency and managing general underwriter that administers 30 programs with a mix of admitted and non-admitted product offerings for the United States and Canada, delivered through a network of independent agents, select wholesalers, third-party administrators, and affinity groups.
- Cannabis Insurance Specialized insurance solutions for the cannabis industry covering dispensaries, growers, cultivators, processors, manufacturers, property owners, secure transport, testing labs, and ancillary businesses with access to 50+ cannabis markets.
- Casualty Insurance Casualty solutions covering housing, construction projects including OCIPs/CCIPs, excess on heavy auto driven deals, public entity excess, life science products, clinical trials, large habitational, real estate schedules, product recall/liability, and pollution liability.
- Construction Insurance Construction insurance solutions covering carpentry, construction managers, contractors, drywall/masonry, electrical, excavation, framing, general contractors, home builders, landscaping, luxury home builders, New York construction, railroad construction, remodelers, roofing, steel erectors, and more.
- Energy Insurance Insurance solutions for renewable energy (solar, wind, hydro, biofuels, geothermal, outdoor battery) and oil & gas operations including operators, contractors, consultants, manufacturers, and truckers.
- Environmental Insurance Environmental liability coverage for tank installation/removal, commercial/residential development, contractors, haulers, industrial product manufacturers, mold/asbestos/lead abatement, oil and energy truckers, soil remediation, wastewater treatment, and environmental consultants.
- Personal Lines Insurance Wholesale personal lines insurance including high-value homeowners, dwelling fires, builder's risk, comprehensive personal liability, flood coverage, personal article floaters, surplus lines homeowners, umbrella, yacht/watercraft, and excess property coverage through 30+ carriers.
- Professional Lines Insurance Professional liability coverage including D&O, EPL, E&O, cyber liability, architects/engineers, financial institutions, insurance professionals, legal consulting, media services, medical professionals, municipalities, real estate services, technology companies, and M&A representations & warranties.
- Property Insurance
Companies that use Jencap Group
Customer profileSegments15 records
Ideal customer profiles1 record
Jencap Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Jencap Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- InsuritycoreJencap was recognized at Insurity's Excellence in Insurance Conference for its innovative use of Insurity solutions to improve specialty operations, particularly in consolidating legacy platforms of multiple acquired companies. The partnership involves using Insurity's technology platform for operational transformation.
- Insurance Carriers (Multiple)coreJencap maintains carrier exclusivity and broad carrier access relationships with multiple insurance carriers, enabling the company to provide market access and negotiating power for its retail agent partners.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Jencap Group competitors and assessment
Company assessmentDirect peers
- Amwins Group: Amwins is the largest US wholesale insurance broker and managing general underwriter, offering specialty brokerage, binding authority, and exclusive programs across P&C, professional lines, and transportation — directly comparable to Jencap's three-pillar model.
- Ryan Specialty: Ryan Specialty is a publicly traded specialty insurance brokerage operating wholesale brokerage, binding authority, and program administration divisions — an almost identical three-pillar structure to Jencap's wholesale brokerage, binding authority, and exclusive programs business.
- RPS (Risk Placement Services): RPS is a large US wholesale insurance broker and MGA serving retail agents across specialty lines including construction, environmental, transportation, and professional — overlapping significantly with Jencap's specialty portfolio and distribution model.
- CRC Group: CRC Group is a major wholesale insurance broker and program administrator offering specialty brokerage across P&C, professional, transportation, and personal lines — directly competitive with Jencap's wholesale brokerage and exclusive program offerings.
- Burns & Wilcox: Burns & Wilcox is a national wholesale insurance broker and MGA providing specialty coverage and binding authority to retail agents — a closely matched competitor in specialty brokerage and program administration.
- Brown & Riding: Brown & Riding is a privately held wholesale insurance brokerage and MGA serving retail agents across specialty lines — comparable to Jencap in business model, distribution (retail-agent focused), and specialty product breadth.
- All Risks: All Risks is a national wholesale insurance broker and MGA offering specialty programs, binding authority, and excess & surplus placements — directly comparable to Jencap's specialty brokerage and program administration model.
- Hull & Company: Hull & Company is a wholesale insurance broker specializing in commercial property, casualty, and professional lines for retail agents — overlapping significantly with Jencap's specialty brokerage operations.
Broad incumbents
- Markel Group: Markel is a large specialty insurer and reinsurer with a wholesale brokerage and program administration arm — a broader incumbent that competes with Jencap across multiple specialty lines but as part of a much larger insurance and investment portfolio.
- USI Insurance Services: USI is a large national retail insurance brokerage with specialty and wholesale capabilities that compete for retail agent placements and program administration mandates — a broader incumbent rather than a pure-play wholesale peer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Customer concentration
Jencap Group social profiles
Digital presenceJencap Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jencap Group leadership team
Management profileNumber of profiles
Profiles16 records
Jencap Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
Jencap Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jencap Group M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Jencap Group
What does Jencap Group do?
Jencap Group is a wholesale insurance brokerage serving independent retail insurance agents nationwide. It places complex and specialty risks through carrier relationships and underwriting expertise across 10 specialty lines, provides binding authority services for quick-quoting on small business accounts, and administers 30 exclusive insurance programs (admitted and non-admitted) via its managing general agency subsidiary Jencap Program Administrators LLC. Revenue is generated primarily through commissions on placed policies, program administration fees, and premium finance services.
Is Jencap Group a public or private company?
Jencap Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Jencap Group founded?
Jencap Group was founded in 2014. It employs 1,001 to 5,000 people.
Where is Jencap Group based?
Jencap Group is headquartered in New York, United States, in the North America region.
How does Jencap Group make money?
Three revenue lines are on record. Insurance Brokerage Commissions are the primary driver. The others are program Administration and premium Finance.
Who are Jencap Group's main competitors?
Direct peers on record are Amwins Group, Ryan Specialty, RPS (Risk Placement Services), CRC Group, Burns & Wilcox, Brown & Riding, All Risks and Hull & Company. Broad incumbents are Markel Group and USI Insurance Services.
Does Jencap Group have an API?
No public API is recorded for Jencap Group.
What industry is Jencap Group in?
Jencap Group's product category is Wholesale Insurance Brokerage. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 52421 and its SIC code is 6411.