U.S. Risk Insurance

Specialty Insurance Underwriting and Wholesale Brokerageusrisk.com

Company typePrivate
Founded1984
HeadquartersDallas, United States
Headcount251–500
GTM typeB2B
OfferingServices

U.S. Risk Insurance firmographics

Firmographics

Name: U.S. Risk Insurance
Legal name: Innovation Growth Partners Specialty, LLC
Website: https://usrisk.com
Company type: Private
Founded year: 1984
Operating status: Operating
Headcount range: 251–500 employees
Ownership category
akta.pro rank

U.S. Risk Insurance industry classification

Industry

Product category: Specialty Insurance Underwriting and Wholesale Brokerage
NAICS: Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Carriers (5241)
SIC: Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)
akta.pro primary industry: Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
akta.pro secondary industries: Energy & Power Specialty (Onshore/Offshore) (FSAJAGAI), Mid-Market Commercial Package (Package Policies) (FSAJAFAB), Technology / IT Services BOP (FSAJAFAK), Professional Firms BOP (Office/Professional) (FSAJAFAE), Healthcare Offices BOP (Medical/Dental/Vet Clinics) (FSAJAFAL)

Keywords

Specialty insurance underwriting
Wholesale insurance brokerage
Managing general agent
Commercial insurance programs
Excess and surplus lines

Where U.S. Risk Insurance is headquartered

Location

Headquarters

HQ city: Dallas
HQ country: United States
HQ region: North America

Offices1 record

Markets served

U.S. Risk Insurance business model

Business model

GTM type: B2B
Offering type: Services

Revenue model

Wholesale Brokerage Commissions: IGP Specialty operates as a wholesale broker earning commissions on insurance placements placed through their network of carrier partners for specialty insurance programs.
Program Business (MGA): The company develops and manages 25+ specialty insurance programs across various industries, earning underwriting results and commission spreads as a managing general agent.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

U.S. Risk Insurance product offering

Product offering

Core offering

U.S. Risk Insurance (dba IGP Specialty) operates as a specialty lines underwriting manager and wholesale broker, developing and administering 25+ specialty insurance programs spanning 50+ industries. The company distributes these programs through appointed independent insurance agents and producers via the IGP Specialty Connect online portal, online quoting, and contract binding, partnering with a network of carrier providers to place hard-to-place and niche commercial risks.

Product overview

IGP Specialty operates as a specialty lines underwriting manager and wholesale broker offering a platform-plus-services model. The core offerings include IGP Specialty Connect (an online producer portal), Contract Binding services, and 25+ specialty insurance programs spanning industries such as Agriculture, Builder's Risk, Healthcare, Manufacturing, Real Estate, Transportation, and Workers' Compensation. Wholesale services provide tailored solutions across Casualty, Cyber, Energy & Marine, Environmental, Healthcare, Professional & Executive Liability, and Property lines through a network of carrier partners.

Differentiator

Problem solved

Functional benefit

Products and services

IGP Specialty Connect
Wholesale Brokerage Services
Contract Binding
Agriculture Insurance Program Specialty insurance program for agricultural businesses covering farming operations, crops, and livestock.
Builder's Risk Insurance Program Specialty insurance coverage for construction projects and builder's risk exposures.
Community Associations Insurance Program Insurance solutions for community associations including HOA and condo associations.
Dentistry Insurance Program Specialty insurance for dental practices and dentistry professionals.
Entertainment Insurance Program Insurance coverage for entertainment industry including events, productions, and performers.
Equipment Insurance Program Insurance coverage for various types of equipment across industries.

Quantifiable outcome

$1.6B+ in premium volume
+2 more outcomes

Companies that use U.S. Risk Insurance

Customer profile

Segments3 records

U.S. Risk Insurance technology and API

Technology

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

U.S. Risk Insurance partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

Safehold Special RiskcoreStrategic or Co-development Partner · 1 January 2025Safehold Special Risk is a leading national program administrator that collaborated with U.S. Risk to launch IGP Specialty under a bold new brand. This represents a significant strategic partnership combining two specialty insurance leaders to create elevated specialty insurance solutions for agents.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

U.S. Risk Insurance competitors and assessment

Company assessment

Direct peers

Amwins: The largest US specialty wholesale broker and underwriting manager, distributing property, casualty, and specialty lines through independent agents nationwide. Directly comparable to U.S. Risk's specialty wholesale and MGA model, with significantly greater scale.
CRC Insurance Services: Wholesale insurance broker specializing in commercial and specialty lines, distributing through independent agents across the US. Closely comparable specialty wholesale distribution model to U.S. Risk / IGP Specialty.
Risk Placement Services (RPS): Specialty wholesale broker and MGA operating across property, casualty, professional lines, and personal lines. Competes head-to-head with U.S. Risk for independent agent appointments and specialty program business.
Hull & Company: National wholesale insurance broker specializing in property, casualty, professional lines, and personal lines for retail agents. Competes with U.S. Risk across similar specialty distribution channels.
Brown & Riding: Specialty wholesale insurance broker focused on complex and non-standard commercial risks across multiple verticals. Comparable niche/specialty wholesale distribution model serving independent agents.
Liberty Company Insurance Brokers: National insurance brokerage with specialty wholesale and program business across commercial and personal lines. Overlapping specialty distribution and agent-appointment model.
Burns & Wilcox: National specialty wholesale broker and MGA providing hard-to-place coverage across personal and commercial lines. Directly comparable specialty distribution platform with similar agent-appointment GTM.
Novatae Risk Group: Specialty wholesale broker and managing general agency serving retail agents with property, casualty, and niche industry programs. Closely aligned specialty wholesale/MGA model and distribution channel.

Regional players

Highland Insurance Agency: Specialty wholesale broker and MGA focused on multi-family, real estate, and habitational risks. Partial overlap with U.S. Risk's real estate investor and niche commercial programs.

Emerging players

Lochrie & Associates: Specialty wholesale broker and program manager offering niche commercial coverages through independent agents. Comparable specialty MGA/wholesale model with a smaller program portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

U.S. Risk Insurance financial estimates

Financial estimate

Revenue estimate

Valuation estimate

U.S. Risk Insurance leadership team

Management profile

Number of profiles

U.S. Risk Insurance funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

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

U.S. Risk Insurance M&A and investment

M&A and investment

M&A4 records

Investments

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

Frequently asked questions about U.S. Risk Insurance

What does U.S. Risk Insurance do?

Is U.S. Risk Insurance a public or private company?

U.S. Risk Insurance is a private company. It is currently operating.

When was U.S. Risk Insurance founded?

U.S. Risk Insurance was founded in 1984. It employs 251 to 500 people.

Where is U.S. Risk Insurance based?

U.S. Risk Insurance is headquartered in Dallas, United States, in the North America region.

How does U.S. Risk Insurance make money?

Two revenue lines are on record. Wholesale Brokerage Commissions are the primary driver. The others are program Business (MGA).

Who are U.S. Risk Insurance's main competitors?

Direct peers on record are Amwins, CRC Insurance Services, Risk Placement Services (RPS), Hull & Company, Brown & Riding, Liberty Company Insurance Brokers, Burns & Wilcox and Novatae Risk Group. Highland Insurance Agency is listed as a regional player. Lochrie & Associates is listed as an emerging player.

Does U.S. Risk Insurance have an API?

No public API is recorded for U.S. Risk Insurance.

What industry is U.S. Risk Insurance in?

U.S. Risk Insurance's product category is Specialty Insurance Underwriting and Wholesale Brokerage. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines), with a secondary code of FSAJAGAI, Energy & Power Specialty (Onshore/Offshore). Its NAICS code is 524210 and its SIC code is 6411.