US Assure
US Assure is a Jacksonville-based managing general underwriter that exclusively distributes Zurich's builders risk insurance program to 30,000+ US agents, with a complementary property and liability product suite, operating as a subsidiary of Ryan Specialty Underwriting Managers.
- Company typePrivate
- Founded1979
- HeadquartersJacksonville, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What US Assure does
US Assure is a US-based managing general underwriter (MGU) that distributes, underwrites, and services construction and property insurance products exclusively through licensed property and casualty agents and brokers. Founded in 1977 and headquartered in Jacksonville, Florida, the company has spent more than 45 years focused on builders risk (course of construction) insurance, serving construction contractors, builders, and property owners on residential and commercial projects valued up to $75 million. US Assure is the exclusive US distributor of Zurich Insurance Group's "A"-rated builders risk program, and it has built an agent-facing platform that supports same-day online registration, online quoting, and policy issuance. The company is a privately held subsidiary of Ryan Specialty Underwriting Managers (RSUM), having been acquired effective August 30, 2024, by the wholesale brokerage arm of Ryan Specialty (NYSE: RSG).
US Assure firmographics
Firmographics- Name
- US Assure
- Legal name
- US Assure Insurance Services of Florida, Inc.
- Website
- https://usassure.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- US Assure is a Jacksonville-based managing general underwriter that exclusively distributes Zurich's builders risk insurance program to 30,000+ US agents, with a complementary property and liability product suite, operating as a subsidiary of Ryan Specialty Underwriting Managers.
- Ownership category
- akta.pro rank
US Assure industry classification
Industry- Product category
- Builders Risk Insurance (Course of Construction)
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Builders Risk / Course of Construction Insurance (FSAJACAF)
- akta.pro secondary industries
- Construction Specialty (Wrap-Ups/Builders Risk/Contractors) (FSAJAGAH), Construction / Engineering (CAR/EAR) Reinsurance (FSAOADAG)
Keywords
Where US Assure is headquartered
LocationHeadquarters
- HQ city
- Jacksonville
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
US Assure business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Insurance Premiums - Builders Risk: US Assure serves as a managing general underwriter distributing Zurich's builders risk insurance program. Revenue is generated through insurance premiums collected on policies issued, with the company earning commissions. Agents also earn commissions through the commission payment portal for Zurich Builders Risk and Contractors Equipment policies.
- Property and Liability Insurance: Distribution of additional property and liability insurance products including contractors equipment, premises liability, rental home insurance, and vacant structure insurance through partner carriers such as Global Indemnity and Diamond State.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Builders Risk Insurance - quote-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
US Assure product offering
Product offeringCore offering
US Assure is a managing general underwriter that exclusively distributes, underwrites, and services Zurich's 'A' rated builders risk insurance program across the United States. The company offers builders risk (course of construction) coverage for new construction, remodeling, and installation floater projects with policy values up to $75 million, complemented by supplemental property and liability products including contractors equipment, premises liability, rental home, and vacant structure insurance.
Product overview
US Assure is a builders risk insurance managing general underwriter that distributes, underwrites, and services Zurich's builders risk insurance program across the United States. The company operates as a unified product portfolio centered on builders risk (course of construction) insurance, with its core Builders Risk Insurance product covering new construction, remodeling, and installation floater exposures for projects valued up to $75 million. This core product is complemented by a suite of Property and Liability Insurance offerings including Contractors Equipment Insurance, Premises Liability, Rental Home Insurance, and Vacant Structure Insurance, which provide supplemental coverage options for agents to bundle with builders risk policies. The company exclusively distributes and services Zurich's "A" rated builders risk program and partners with other carriers for property and liability products.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- $20B+ managed premiums underwritten and serviced
- +2 more outcomes
Companies that use US Assure
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
US Assure technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
US Assure partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Ryan Specialty Underwriting Managers (RSUM)coreUS Assure was acquired by Ryan Specialty Underwriting Managers in August 2024. The acquisition strengthens Ryan Specialty's portfolio for builders risk insurance and positions the company to capitalize on long-term market trends addressing the country's housing shortage.
- Zurich Insurance GroupcoreUS Assure exclusively distributes, underwrites and services Zurich's builders risk insurance program across the United States. The 'A' rated builders risk policy is a core product offering, with projects eligible up to $75 million in value. This is the primary insurance carrier partnership.
- Synergy AdjustingminorSynergy, a national loss adjustment and claims management firm, assists with managing Excess & Surplus Lines claims for builders risk insurance policies. Synergy provides claims management services for E&S builders risk policies.
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
US Assure competitors and assessment
Company assessmentDirect peers
- Distinguished Programs Group: Specialty MGU/program manager focused on construction, real estate, and hospitality insurance. Directly comparable as a niche MGU distributing construction-related property and liability products through agents and brokers.
- Victor Insurance Managers: Large managing general underwriter platform with construction and property specialty programs. Comparable as a specialty MGU distributing on behalf of major carriers via agent networks.
- CRC Insurance Services: Wholesale brokerage and specialty MGU with significant construction and builders risk exposure. Comparable operating model serving retail agents with excess and surplus and admitted construction lines.
- Burns & Wilcox: Wholesale insurance broker and MGU with specialty property and construction practices. Comparable agent-driven distribution model and construction-focused product suite.
- RPS (Risk Placement Services): Specialty wholesale broker and MGU with construction and builders risk offerings. Comparable as a wholesale/MGU hybrid distributing through agents across the U.S.
Broad incumbents
- Amwins: Large wholesale brokerage and specialty MGU with broad construction and property lines. Comparable as a much larger distribution competitor with overlapping builders risk and E&S construction capabilities.
- Markel Insurance: Specialty P&C insurer with a construction and builders risk practice. Comparable as an established specialty carrier offering overlapping course-of-construction products to agents.
- Crum & Forster: Specialty P&C insurer underwriting construction and excess & surplus lines. Comparable as a specialty carrier providing construction-related property and liability coverage through wholesale and agent channels.
- Travelers: Large national P&C carrier offering builders risk and construction products directly and through agents. Comparable as a much larger incumbent with overlapping course-of-construction insurance.
- Liberty Mutual Insurance: Major P&C insurer with a construction insurance practice including builders risk offerings. Comparable as a broad incumbent serving many of the same agent and contractor customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
US Assure social profiles
Digital presenceUS Assure financial estimates
Financial estimateRevenue estimate
Valuation estimate
US Assure leadership team
Management profileNumber of profiles
Profiles5 records
US Assure funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
US Assure M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about US Assure
What does US Assure do?
US Assure is a managing general underwriter that exclusively distributes, underwrites, and services Zurich's 'A' rated builders risk insurance program across the United States. The company offers builders risk (course of construction) coverage for new construction, remodeling, and installation floater projects with policy values up to $75 million, complemented by supplemental property and liability products including contractors equipment, premises liability, rental home, and vacant structure insurance.
Is US Assure a public or private company?
US Assure is a private company. It is classified as corporate owned and is currently operating.
When was US Assure founded?
US Assure was founded in 1979. It employs 101 to 250 people.
Where is US Assure based?
US Assure is headquartered in Jacksonville, United States, in the North America region.
How does US Assure make money?
Two revenue lines are on record. Insurance Premiums - Builders Risk is the primary driver. The others are property and Liability Insurance.
Who are US Assure's main competitors?
Direct peers on record are Distinguished Programs Group, Victor Insurance Managers, CRC Insurance Services, Burns & Wilcox and RPS (Risk Placement Services). Broad incumbents are Amwins, Markel Insurance, Crum & Forster, Travelers and Liberty Mutual Insurance.
Does US Assure have an API?
No public API is recorded for US Assure.
What industry is US Assure in?
US Assure's product category is Builders Risk Insurance (Course of Construction). Its primary akta.pro industry code is FSAJACAF, Builders Risk / Course of Construction Insurance, with a secondary code of FSAJAGAH, Construction Specialty (Wrap-Ups/Builders Risk/Contractors). Its NAICS code is 524126 and its SIC code is 6331.