Clear Spring Insurance
Clear Spring Insurance is a private, Chicago-based Property and Casualty insurance provider with 51-100 employees offering risk management services and P&C insurance products to policyholders in the United States.
- Company typePrivate
- Founded-
- HeadquartersChicago, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
Clear Spring Insurance firmographics
Firmographics- Name
- Clear Spring Insurance
- Legal name
- Clear Spring Insurance
- Website
- https://clearspringinsurance.com
- Company type
- Private
- Headcount range
- 51–100 employees
- Short description
- Clear Spring Insurance is a private, Chicago-based Property and Casualty insurance provider with 51-100 employees offering risk management services and P&C insurance products to policyholders in the United States.
- Ownership category
- akta.pro rank
Where Clear Spring Insurance is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Markets served
Clear Spring Insurance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Clear Spring Insurance product offering
Product offeringCore offering
Clear Spring Insurance provides property and casualty insurance products, delivering risk management services to customers. The company is based in Chicago, United States, and operates as a mid-sized private insurance provider with 51-100 employees.
Differentiator
Problem solved
Functional benefit
Products and services
- Property and Casualty Insurance Property and casualty insurance products offered by Clear Spring Insurance, providing risk management services for personal and commercial property exposures.
Companies that use Clear Spring Insurance
Customer profileIdeal customer profiles1 record
Clear Spring Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Clear Spring Insurance competitors and assessment
Company assessmentBroad incumbents
- Allstate: One of the largest U.S. personal lines P&C insurers, headquartered in the Chicago metro area. Comparable as a P&C insurance provider serving similar risk profiles, but operates at vastly greater scale and as a carrier rather than a focused risk management intermediary.
- Travelers: Major U.S. commercial P&C carrier offering a broad portfolio including property, casualty, and specialty lines. Comparable as a P&C insurance provider; a much larger incumbent with established commercial underwriting capabilities.
- State Farm: Largest U.S. personal lines P&C writer, also based in Illinois. Directly comparable product category (P&C insurance) and overlapping Chicago-area operating environment, but a national incumbent with proprietary agent distribution.
- Chubb: Large global P&C and specialty insurer with significant commercial and high-net-worth personal lines offerings. Comparable as a P&C provider with risk management and specialty underwriting capabilities analogous to what Clear Spring offers.
- Liberty Mutual: Global P&C insurer with strong U.S. personal and commercial lines presence. Comparable in core product category; operates at much greater scale across multiple distribution channels including direct, agency, and brokerage.
Direct peers
- Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm headquartered near Chicago. Directly comparable business model combining risk advisory with P&C insurance placement, though at a vastly larger scale.
- Brown & Brown, Inc. U.S. insurance intermediary offering P&C, employee benefits, and risk management solutions across commercial and personal lines. Comparable as a risk management / insurance intermediary focused on P&C, though publicly traded and considerably larger.
- Hub International: Large insurance brokerage specializing in P&C, employee benefits, and risk management services, also headquartered in the Chicago area. Closest peer given its focus on risk management advisory alongside P&C placement and its overlapping Chicago base.
Emerging players
- Lemonade: Digital-first insurance carrier offering homeowners and renters (P&C) coverage with an AI-driven underwriting platform. Comparable P&C product category; represents the technology-enabled competitive threat Clear Spring would need to differentiate against.
- Hippo Insurance: Insurtech focused on homeowners insurance with embedded smart-home risk prevention services — combining P&C coverage with proactive risk management. Comparable fusion of insurance placement and risk management services, but using a digital-first model.
Market position
Customer concentration
Clear Spring Insurance social profiles
Digital presenceClear Spring Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Clear Spring Insurance leadership team
Management profileNumber of profiles
Clear Spring Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Clear Spring Insurance 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 Clear Spring Insurance
What does Clear Spring Insurance do?
Clear Spring Insurance provides property and casualty insurance products, delivering risk management services to customers. The company is based in Chicago, United States, and operates as a mid-sized private insurance provider with 51-100 employees.
When was Clear Spring Insurance founded?
Clear Spring Insurance was founded in -1. It employs 51 to 100 people.
Where is Clear Spring Insurance based?
Clear Spring Insurance is headquartered in Chicago, United States, in the North America region.
Who are Clear Spring Insurance's main competitors?
Broad incumbents on record are Allstate, Travelers, State Farm, Chubb and Liberty Mutual. Direct peers are Arthur J. Gallagher & Co., Brown & Brown, Inc. and Hub International. Emerging players are Lemonade and Hippo Insurance.
Does Clear Spring Insurance have an API?
No public API is recorded for Clear Spring Insurance.