Bennett & Bennett Insurance

What Bennett & Bennett Insurance does

Bennett & Bennett Insurance, Inc. is a privately held independent insurance agency headquartered in Corydon, Indiana, with a second location in New Albany, Indiana, and service coverage spanning Indiana and Kentucky. Founded in 1978 through mergers of smaller agencies in Southern Indiana, the company offers a portfolio of personal lines (auto, homeowners, life, motorcycle/RV, personal umbrella, renters, and watercraft) and commercial lines (commercial insurance, bonding, and municipalities coverage), with specialty placement for difficult-to-insure accounts such as non-profit organizations and municipal governments.

The agency operates a traditional brokerage model: revenue is generated through commissions from insurance carriers for placing personal and commercial policies, with access to both standard carriers and specialty insurance companies that handle non-standard risks. GTM is sales-led and relationship-driven, executed through in-person consultations and phone contact at two physical offices, with supplementary marketing and client service delivered through the parent company's digital channels (Shepherd Insurance website, social media, client portal, and claims resources).

Bennett & Bennett Insurance operates as a subsidiary of Shepherd Insurance, a strategic operating parent that provides the broader carrier portfolio, national marketing presence, and client service infrastructure. The agency maintains operational independence in servicing local clients while relying on the parent group for branding, technology, and back-office functions. No disclosed revenue, headcount trend, funding history, or proprietary technology is available in the source material.

Name

Bennett & Bennett Insurance

Legal name

Bennett & Bennett Insurance, Inc.

Website

https://bennettins.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

Bennett & Bennett Insurance is an independent insurance agency founded in 1978 in Corydon, Indiana, serving personal and commercial clients across Indiana and Kentucky through two physical offices and specialty placement for municipalities and non-profits.

Ownership category

akta.pro rank

Product category

Insurance Agency Services

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Nonprofit / Social Services BOP (FSAJAFAM)

Keywords

• Independent insurance agency
• Personal insurance lines
• Commercial insurance brokerage
• Surety bonding services
• Specialty risk placement

Headquarters

HQ city

Corydon

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Insurance Commissions: Revenue generated through commissions from insurance carriers for placing personal and commercial insurance policies. The agency represents both standard carriers and specialty companies that insure difficult-to-place accounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Bennett & Bennett Insurance is an independent insurance agency that places personal and commercial insurance policies on behalf of clients across Indiana and Kentucky. The agency accesses standard carriers as well as specialty companies that insure difficult-to-place accounts such as non-profit organizations and municipalities, serving as a single point of contact for home, auto, umbrella, watercraft, life, commercial, bonding, and municipality coverage.

Product overview

Bennett & Bennett Insurance operates as a traditional insurance agency offering a portfolio of personal and commercial insurance products. The agency provides personal lines including auto, homeowners, life, motorcycle/RV, personal umbrella, renters, and watercraft insurance, along with commercial offerings such as commercial insurance, bonding, and municipality coverage. The company also specializes in difficult-to-place accounts including non-profit organizations and municipalities. The agency serves as a one-stop contact for all insurance needs, accessing both standard carriers and specialty insurance companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance Vehicle insurance coverage protecting against financial loss from accidents, theft, or damage to automobiles, offered to individual drivers and families through the agency.
• Homeowners Insurance Property insurance coverage protecting homeowners against damage to their residence and personal belongings.
• Life Insurance Financial protection coverage providing death benefits to beneficiaries, offered to individuals and families through the agency.
• Motorcycle & RV Insurance Specialized insurance coverage for motorcycles, recreational vehicles, and related recreational assets, offered to individual owners through the agency.
• Personal Umbrella Insurance Excess liability coverage providing additional protection beyond standard personal insurance policy limits, offered to individuals and families through the agency.
• Renters Insurance Insurance coverage protecting renters against property loss and liability within leased dwellings, offered to individual tenants through the agency.
• Watercraft Insurance Insurance coverage for boats and water vessels against damage, theft, and liability, offered to individual owners through the agency.
• Commercial Insurance Business insurance coverage protecting companies against property damage, liability, and commercial risks, offered to small and mid-sized businesses through the agency.
• Bonding Surety bonds and bonding services for commercial clients, offered to businesses requiring contractual or regulatory bonds through the agency.
• Municipalities Insurance Specialized insurance coverage for municipal governments and public entities, placed through specialty carriers for difficult-to-place public-sector risks.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Acrisure: Large global insurance brokerage aggregator that combines independent agencies under a shared platform; relevant peer as both a competitor for partner agencies and an alternative acquirer of specialty-placement books like Bennett & Bennett's.
• USI Insurance Services: Top-10 U.S. insurance brokerage offering personal, commercial, and specialty lines through regional offices; comparable to Bennett & Bennett in product scope (especially commercial and specialty) but with substantially greater scale and resources.
• Brown & Brown Insurance: Public insurance brokerage with a strong regional-agency acquisition model and diversified commercial/personal lines; structurally analogous to a scaled-up version of Bennett & Bennett with overlapping product breadth.
• Shepherd Insurance: Strategic parent company and operator of the 'Shepherd Insurance' platform; directly comparable as an independent insurance agency group that owns and manages local agency brands across the Midwest, of which Bennett & Bennett is one.

Others

• Keystone Insurers Group: Alliance/network of independent insurance agencies across the Midwest and Mid-Atlantic providing shared carrier access and resources; comparable as a peer network model that competes with or supports small regional independents like Bennett & Bennett.
• Assurex Global: Global partnership of independent insurance agencies providing commercial and specialty resources to member agencies; comparable as an alternative affiliation model an agency like Bennett & Bennett could use to expand its specialty/bonding reach.

Direct peers

• Hylant Group: Regional Midwest-headquartered insurance brokerage serving commercial and personal clients from multiple local offices; directly comparable as a multi-office independent agency with similar personal/commercial mix and specialty placements.
• Hilb Group: National insurance brokerage platform built via acquisitions of regional independent agencies; comparable in that it operates multi-location personal and commercial agencies with a roll-up M&A strategy, structurally similar to Bennett & Bennett's parent.
• TrueNorth Companies: Midwest-based independent insurance and financial services agency offering personal, commercial, and employee benefits; comparable in regional Midwestern footprint and full-service agency model similar to Bennett & Bennett.

Emerging players

• Goosehead Insurance: Public agency franchisor and direct-to-consumer insurance broker competing on multi-line personal and small commercial placement; relevant as a technology-enabled, scale-driven competitor targeting the same SMB/personal customer base as Bennett & Bennett.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/LarryBennetIns
• Facebookfacebook.com/shepherdins
• LinkedInlinkedin.com/company/shepherdinsurance
• Instagraminstagram.com/shepherd_insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Bennett & Bennett Insurance