Quorum Insurance

What Quorum Insurance does

Quorum Insurance (operating detail under the Solace Insurance brand in firmographic records) is an independent insurance agency headquartered in Largo, Florida (firmographic city listed as Tampa), founded in 2001. The agency distributes personal-lines insurance products — auto, home, life, condo, renters, and flood coverage — across nine U.S. states with Florida as the primary focus market. It serves Florida residents and, through credit union partnerships, members of four partner institutions (Grow Financial Federal Credit Union, Campus USA Credit Union, McCoy Federal Credit Union, and iTHINK Financial), who access special group rates through the Travelers Benefit Plus Insurance Program.

The technology stack is characteristic of a small independent agency: the company does not build proprietary underwriting or quoting engines and instead leverages third-party insurance carrier platforms and an industry-standard Vertafore client portal for 24/7 policy access. Quotes are generated on request via online forms or by phone through a single published number; the website also publishes ongoing blog content (current as of June 2026) on insurance topics, and a refer-a-friend program supplements customer acquisition.

The business model is commission-based. As an independent agency representing multiple carriers, the firm earns carrier commissions on policies placed rather than underwriting risk itself or charging subscription fees. Distribution is multi-channel: direct phone/online quotes, content marketing and SEO via the blog, a refer-a-friend program, and a credit union partner referral channel that funnels members into the Travelers Benefit Plus program. Firmographic headcount is reported at 1–10 employees, indicating a micro-brokerage operating profile with no disclosed institutional ownership, funding history, or M&A activity.

Name

Quorum Insurance

Legal name

Solace Insurance

Website

https://quoruminsurance.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

Quorum Insurance (Solace Insurance) is an independent personal-lines insurance agency based in Florida that distributes auto, home, life, condo, renters, and flood coverage across nine U.S. states, primarily serving Florida residents and credit union members through the Travelers Benefit Plus Insurance Program.

Ownership category

akta.pro rank

Product category

Personal Lines Insurance Agency

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Individual Health Insurance Brokerage & Distribution (FSAIAEAL)

akta.pro secondary industry

Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs) (FSAIAGAH)

Keywords

• Independent insurance agency
• Auto insurance
• Home insurance
• Life insurance
• Credit union insurance

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Insurance Agency Commissions: As an independent insurance agency, Solace Insurance earns commissions from insurance carriers for policies placed. The company represents multiple insurance companies and earns referral fees or commissions when customers purchase policies through their agency.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Quorum Insurance (operating as Solace Insurance) is an independent insurance agency in Largo, Florida that sells personal lines insurance products—auto, home, life, condo, and renters coverage—to Florida residents and credit union members across multiple U.S. states. The agency operates as a multi-carrier broker, accessing policies from multiple insurance carriers (including Travelers via the Benefit Plus Insurance Program) to deliver quotes and coverage to individual consumers through direct phone and online channels.

Product overview

Solace Insurance is an independent insurance agency offering a portfolio of five core insurance products: Auto Insurance, Home Insurance, Life Insurance, Condo Insurance, and Renters Insurance. The company operates as a multi-product insurance broker, connecting customers with coverage options through credit union partnerships and the Travelers Benefit Plus Insurance Program. All products are available across Florida, Georgia, Tennessee, Alabama, North Carolina, South Carolina, Texas, Pennsylvania, and New Jersey, with quotes available online or by phone.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance Affordable and complete Florida auto insurance coverage, providing personalized quotes to find the right coverage for individual driver needs across Florida, Georgia, Tennessee, Alabama, North Carolina, South Carolina, Texas, Pennsylvania, and New Jersey.
• Home Insurance Florida homeowner insurance coverage designed to ensure proper protection at the lowest available rate for individuals' most valuable assets.
• Life Insurance Affordable Florida life insurance choices that evolve with life changes, offering selections to protect what matters most for individuals and families.
• Condo Insurance Condo insurance policy that helps protect individuals and family members, ensuring coverage meets specific condominium insurance needs.
• Renters Insurance Personalized renters insurance coverage that protects individuals, their families, and their belongings.

Segments2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core.

• Grow Financial Federal Credit UnioncoreChannel Partner/ Reseller/ DistributorCredit union partner that refers its member base to Solace Insurance. Members receive access to special rates through the Travelers Benefit Plus Insurance Program.
• Campus USA Credit UnioncoreChannel Partner/ Reseller/ DistributorCredit union partner that refers its member base to Solace Insurance. Members receive access to special rates through the Travelers Benefit Plus Insurance Program.
• McCoy Federal Credit UnioncoreChannel Partner/ Reseller/ DistributorCredit union partner that refers its member base to Solace Insurance. Members receive access to special rates through the Travelers Benefit Plus Insurance Program.
• iTHINK FinancialcoreChannel Partner/ Reseller/ DistributorCredit union partner that refers its member base to Solace Insurance. Members receive access to special rates through the Travelers Benefit Plus Insurance Program.
• Travelers Insurance (Benefit Plus Insurance Program)coreChannel Partner/ Reseller/ DistributorTravelers Insurance program specifically available to credit union members through Solace Insurance. Provides special discounted rates for members of partner credit unions.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Frank Winston Crum Insurance: Florida-based independent insurance agency focused on personal and small-commercial lines through carrier partnerships. Comparable to Solace in scale, geography, and product mix, particularly within the Florida independent agency ecosystem.
• Brightway Insurance: Florida-headquartered independent insurance agency franchise offering auto, home, and other personal lines across multiple carriers. Directly comparable to Solace in product mix, independent-agency model, and Southeast geographic focus, but operates at substantially larger scale via a franchise system.
• Goosehead Insurance: Public, multi-carrier personal-lines independent agency with a franchise and corporate-agent model. Closely aligned with Solace on core product (home, auto, life), carrier-agnostic brokerage model, and customer-acquisition through local agents, though at national scale.
• TWFG Insurance: Texas-based independent personal-lines agency built on a multi-carrier, multi-product model similar to Solace. Comparable in being a regional independent agency leveraging carrier relationships and direct-to-consumer marketing, with overlap on home, auto, and life products.

Broad incumbents

• Brown & Brown, Inc. Large diversified insurance brokerage and agency operator with national retail and wholesale operations. Comparable as a commission-based intermediary model across personal and commercial lines, though vastly larger and more diversified than Solace.
• HUB International: Major North American insurance brokerage offering personal, commercial, and specialty lines through a network of offices. Comparable as a multi-carrier intermediary model, but HUB serves a much broader customer base including commercial accounts and operates at far greater scale than Solace.
• Higginbotham: Large multi-line insurance brokerage headquartered in Texas with national reach across commercial and personal lines. Overlaps with Solace on independent agency structure and carrier relationships, but is significantly broader in product scope, geography, and customer segment.

Emerging players

• Lemonade: Direct-to-consumer insurtech underwriting homeowners, renters, auto, pet, and life insurance through a mobile-first platform. Competes with Solace for the same Florida personal-lines consumer, but bypasses the independent-agent channel entirely, putting pressure on broker commission flows.
• SmartFinancial: Digital insurance comparison and brokerage platform connecting consumers to carriers and agents across personal lines. Comparable to Solace as a personal-lines intermediary, but uses a tech-led, agent-network model rather than a single local office, competing for the same end consumer.

Regional players

• Insurance Office of America: Florida-headquartered independent insurance agency offering personal and commercial lines across multiple carriers. Comparable to Solace on independent-agency structure, Florida market focus, and carrier-agnostic placement strategy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/quorum-insurance-llc

Revenue estimate

Valuation estimate

Number of profiles

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 Quorum Insurance