Braishfield Associates

What Braishfield Associates does

Braishfield Associates is a wholesale insurance broker and Managing General Agent (MGA) that provides program managing services for insurers on both admitted and non-admitted bases. Founded in 1984 in New York, NY and now headquartered in Orlando, Florida, the company operates as a division of Hull & Company, LLC within the Brown & Brown team. From four office locations (Orlando HQ plus branch offices in Clifton, Boston, and Philadelphia opened in 1986), Braishfield writes specialty insurance business across all 50 U.S. states. Its distribution is exclusively indirect: products are placed through a network of enrolled partner agents — Independent insurance agencies and Allstate captive agents — who complete a 3-5 business day enrollment and are assigned dedicated underwriter teams. No direct-to-consumer distribution exists.

The portfolio spans 23+ core products organized across three lines: Commercial Lines (Commercial Flood, Equipment Breakdown, Excess & Umbrella Liability, Garage Liability & Garagekeepers, General Liability, Inland Marine, Liquor Liability, Products Liability, Property, Workers' Compensation); Personal Lines (Condo Unit Owners, Excess Flood, Flood, Homeowners, Personal Articles Floater, Personal Liability, Personal Umbrella, Rental & Vacant Dwelling, Watercraft); and Professional Liability (Cyber Liability, Directors & Officers, Employment Practices Liability, Errors & Omissions). The company also integrates eight third-party digital quoting platforms (Coterie, Hiscox NOW, Neptune Flood, USLI, Sayata Labs, The Bridge, First Insurance, CNA Workers' Compensation) into agent workflows. Technology is concentrated in portal integrations, ePayPolicy for payments, and OneTrust for website compliance; there is no proprietary AI/ML or bespoke underwriting engine described.

Revenue is generated transactionally through carrier-paid commissions on premiums bound by partner agents, with disclosed rates of 8% on Personal Lines, 5% on Workers' Compensation, 4% on Other Commercial Lines, and 10% on North Light Specialty products (9% for NJ producers), paid to producers on an as-collected basis. The company is privately held as part of the Hull & Company / Brown & Brown corporate group and does not publicly disclose revenue, ownership, or capitalization details.

Name

Braishfield Associates

Legal name

Braishfield Associates, a division of Hull & Company, LLC

Website

http://www.braishfield.com/

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Short description

Braishfield Associates is a 40-year-old wholesale insurance MGA and program manager, operating as a division of Hull & Company within Brown & Brown, that distributes specialty admitted and non-admitted commercial, personal, and professional liability products exclusively through enrolled Independent and Allstate partner agents across all 50 U.S. states.

Ownership category

akta.pro rank

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

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industry

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)

Keywords

• Wholesale insurance brokerage
• Managing general agent
• Commercial lines insurance
• Personal lines insurance
• Professional liability insurance

Headquarters

HQ city

Orlando

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 Commission Revenue: Braishfield earns commissions from insurance carriers on premiums written through its partner agent network. Commission rates are paid to producers on an as-collected basis, with standard rates of 8% for Personal Lines, 5% for Workers Compensation, 4% for Other Commercial Lines, and 10% for North Light Specialty products.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Braishfield Associates is a wholesale insurance broker and Managing General Agent (MGA) that places admitted and non-admitted insurance coverage with multiple carrier partners on behalf of enrolled Independent and Allstate insurance agents. The company distributes Commercial Lines, Personal Lines, and Professional Liability products through phone, email, and online carrier portal channels, with commissions paid to producing agents on the premiums written.

Product overview

Braishfield Associates is an insurance Managing General Agent (MGA) offering a comprehensive portfolio of insurance products organized into three main lines: Commercial Lines (10 products including Commercial Flood, Equipment Breakdown, Excess & Umbrella Liability, Garage Liability & Garagekeepers, General Liability, Inland Marine, Liquor Liability, Products Liability, Property, and Workers' Compensation), Personal Lines (9 products including Condo Unit Owners, Excess Flood, Flood, Homeowners, Personal Articles Floater, Personal Liability, Personal Umbrella, Rental & Vacant Dwelling, and Watercraft), and Professional Liability (4 products including Cyber Liability, Directors & Officers Liability, Employment Practices Liability, and Errors & Omissions). The company also provides access to multiple online quoting platforms including Coterie, Hiscox NOW, Neptune Flood, USLI, Sayata Labs, The Bridge, First Insurance, and CNA Workers' Compensation. These carrier platforms integrate with Braishfield's agent workflow to enable digital quoting and binding of insurance coverage.

Differentiator

Problem solved

Functional benefit

Brands

• North Light Specialty: A specialized product line within Braishfield offering personal lines products including dwelling and builder's risk coverage.

Products and services

• Commercial Flood Commercial flood insurance coverage for non-residential risks with dwelling coverage up to $4,000,000 and contents coverage up to $500,000.
• Equipment Breakdown Coverage for costs to repair or replace damaged equipment including time and labor, business income losses, and other expenses to limit loss or speed restoration.
• Excess & Umbrella Liability Excess and umbrella liability coverage with limits up to $5M, with $10M-$15M available via primary/excess layers, across over 400 bindable classifications.
• Garage Liability & Garagekeepers Coverage for auto dealers and non-dealers including Garage Liability, Dealers Physical Damage, Garagekeepers, and additional options like Uninsured/Underinsured & PIP.
• General Liability General liability coverage for businesses including 1-4 family dwellings, apartments, restaurants, retail stores, contractors, and many other classes.
• Inland Marine Coverage for contractors equipment, bailees, EDP, medical equipment, scheduled property floater, newly purchased equipment, and leased/rented equipment.
• Liquor Liability Liquor liability coverage for caterers, mobile bartenders, and restaurants/bars.
• Products Liability Products liability coverage for manufacturers and distributors of clothing, cosmetics, electrical equipment, food/beverage, sporting goods, and more.
• Commercial Property Commercial property coverage with in-house authority up to $7.5M, covering churches, hotels, industrial, mercantile, taverns, and coastal property.
• Workers' Compensation Workers' compensation coverage for beauty shops, condos, electrical contractors, insurance offices, and wholesale stores.
• Condo Unit Owners Insurance for condo unit owners including owner or tenant, occupied/vacant units, short & long-term rentals, and corp/LLC/trust owned properties.
• Excess Flood Excess flood coverage from multiple A.M. Best 'A' rated carriers with up to $10M TIV, including A and V Zones with -2 elevation or better.
• Residential Flood Residential flood insurance for 1-4 family dwellings including condos, with basement contents coverage up to $10K and temporary living expenses up to $10K.
• Homeowners Homeowners insurance for Coverage A of $150K or greater, including builder's risk, older updated homes, PC 9/10, and risks with multiple losses or special exposures.
• Personal Articles Floater Coverage for high-value personal items including jewelry, fine art, coins, furs, guns, musical instruments, with premiums starting at $500 and up to $5M TIV.
• Personal Liability Comprehensive personal liability coverage with limits up to $5M, including personal injury, dog liability, host liquor liability, and defense outside the limit.
• Personal Umbrella Personal umbrella coverage with limits up to $10M for primary and excess, no self-insured retention, and broad definition of bodily injury.
• Rental & Vacant Dwelling Insurance for 1-4 family dwellings for daily, weekly, monthly or annual rentals with no age limit.
• Watercraft Watercraft insurance with hull values up to $7M, liability up to $2M, covering pleasure boats, yachts, super yachts with no max length or age.
• Cyber Liability Cyber liability coverage through Hiscox CyberClear and other markets with privacy, data breach, and network interruption coverage up to $10M maximum line size.
• Directors & Officers Liability Directors and officers liability coverage protecting individuals from lawsuits alleging negligent acts while performing services.
• Employment Practices Liability Employment practices liability coverage for claims related to employment decisions and workplace practices.
• Errors & Omissions Errors and omissions (E&O) liability coverage protecting businesses from claims of negligently performing services.
• North Light Specialty Personal Lines A specialized product line within Braishfield offering personal lines products including dwelling and builder's risk coverage, with $50M TIV capacity for ultra high value homeowners risks via The Bridge.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Brown & BrowncoreOthersBraishfield is part of the Brown & Brown team, operating as a division of Hull & Company, LLC. This parent company relationship provides Braishfield with the backing of a major national insurance brokerage firm.
• Bridge Specialty GroupcoreStrategic or Co-development PartnerBridge Specialty Group is referenced as the parent organization for North Light Specialty products and is associated with the enrollment and commission payment processes for partner agents.
• CNAcoreChannel Partner/ Reseller/ DistributorCNA provides Workers' Compensation insurance for Florida Habitational Associations through Braishfield's online rater. Carrier benefits include A.M. Best rated admitted paper, employers liability limits up to $1M/$1M/$1M, and direct bill.
• CoteriecoreChannel Partner/ Reseller/ DistributorCoterie offers BOP, Cyber, GL and PL insurance products for small businesses. Braishfield agents can quote and bind online. Products backed by A.M. Best A- rated insurers.
• First InsurancecoreChannel Partner/ Reseller/ DistributorFirst Insurance provides General Liability insurance for small businesses with digital-first underwriting. Admitted GL with BOP, IM, PL, and WC to follow. Backed by Accelerant National Insurance Company (A- Excellent).
• Hiscox NOWcoreChannel Partner/ Reseller/ DistributorHiscox NOW offers BOP, Cyber, GL and PL for 180+ classes of business with instant binding and same-day coverage. Admitted products with aggregate limits up to $2M online.
• Neptune FloodcoreChannel Partner/ Reseller/ DistributorNeptune Flood provides Residential and Commercial Flood insurance with non-admitted coverage from an A.M. Best A- rated carrier. Quote and bind directly online in minutes.
• USLIcoreChannel Partner/ Reseller/ DistributorUSLI is an A++ A.M. Best rated carrier offering Commercial Lines, Personal Lines, Nonprofit Package, Professional Liability and Specialty Products. Available 24/7 with web quoting.
• Sayata LabscoreTechnology or IntegrationSayata Labs provides a platform for multiple stand-alone Cyber Liability quotes from leading carrier partners. Quotes delivered within 15 minutes with educational tools included.
• The Bridge (Bridge Specialty Personal Lines)coreChannel Partner/ Reseller/ DistributorThe Bridge platform offers Personal Lines products including Dwelling and Builder's Risk coverage. Now offering $50M TIV capacity for ultra high value homeowners risks.
• FAIA (Florida Association of Insurance Agents)minorOthersProfessional association membership providing industry networking and advocacy.
• WSIA (Wholesale & Specialty Insurance Association)minorOthersProfessional association membership for wholesale and specialty insurance professionals.
• LAAIAminorOthersProfessional association membership for insurance professionals.

Scale indicators2 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• The Plexus Groupe: Specialty MGA and wholesale broker offering commercial, personal, and professional lines through retail agent partners. Comparable in size, multi-line specialty positioning, and commission-based revenue model.
• Hull & Company: Braishfield's direct parent division and fellow Hull & Company / Brown & Brown MGA. Operates a nearly identical wholesale brokerage model placing admitted and non-admitted business through independent agents nationwide, making it the most direct internal comparable for product mix, commission structure, and carrier relationships.
• Amwins: One of the largest U.S. wholesale distributors and MGAs, with specialty placement across personal, commercial, and professional lines. Comparable in agent-driven wholesale model and product breadth, though at materially larger scale than Braishfield.
• Burns & Wilcox Brokerage: Wholesale brokerage arm of Burns & Wilcox, focused on property, casualty, and personal lines for non-standard and surplus lines risks placed through independent agents.
• Bridge Specialty Group: Wholesale brokerage and MGA group (and existing Braishfield partner for North Light Specialty and The Bridge platform). Highly comparable in admitted/non-admitted personal and commercial specialty placement through agents.
• Burns & Wilcox: Large national wholesale broker and MGA placing specialty and surplus lines through a network of retail agents. Comparable to Braishfield in its multi-line specialty focus, agent distribution model, and dependence on a deep carrier bench for difficult-to-place risks.
• RPS (Risk Placement Services): Wholesale broker and MGA serving retail agents with specialty personal and commercial lines, including flood, excess, and professional liability. RPS is a direct competitor in the same E&S/specialty space and shares Braishfield's reliance on carrier appointments and agent-driven distribution.
• CRC Insurance Services: Wholesale specialty broker with broad commercial, personal, and professional liability offerings distributed through independent agents. Closely comparable to Braishfield on multi-line product breadth, agent-centric GTM, and focus on non-admitted placements.

Broad incumbents

• IAT Insurance Group: Specialty insurance carrier group that also operates MGA/program management capabilities. Comparable in product categories served (commercial, personal, professional) but acts primarily as a carrier rather than pure wholesale aggregator.

Emerging players

• Accelerant: Data-driven MGA platform and capacity provider (A.M. Best A-) that underpins several of Braishfield's carrier partners (e.g., First Insurance). Overlaps in MGA-style distribution and digital underwriting for small commercial risks, but with a tech-native, data-centric model that competes for the same agent relationships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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 Braishfield Associates