Paradiso Insurance

What Paradiso Insurance does

Paradiso Insurance (legal name: Paradiso Financial and Insurance Services) is an independent insurance agency headquartered at 8 East Main Street in Stafford Springs, Connecticut. Founded in 1998 and operating with 11-50 employees, the agency distributes personal and commercial insurance products across Connecticut, Massachusetts, Rhode Island, and New York. Its customer segments are individuals and families on the personal side, and small to medium-sized businesses on the commercial side, with specialty verticals for parcel delivery operators (FedEx and Amazon delivery service partners), technology and AI companies, restaurants, contractors, farms, and trades such as HVAC, electrical, plumbing, and landscaping.

The agency's technology stack is conventional distribution infrastructure rather than proprietary software: a Canopy-powered online quote portal for lead capture, a third-party Insurance Agent mobile application (iOS/Android) supporting ID card access, document viewing, claims filing, and bill payment, and a SepPay payment system. Service delivery is relationship-driven, anchored on a stated 12-Point Paradiso Promise customer service framework, annual account reviews, and an active content marketing footprint including a 183+ page blog, social media presence, and a podcast titled "Covering Your Community."

As an independent agency, Paradiso earns commissions from dozens of insurance carriers on both new policy placements and recurring renewals. Pricing is per-quote and not publicly disclosed. In May 2026, top 20 U.S. insurance brokerage Trucordia (Lindon, Utah) acquired Paradiso; the agency continues to operate under its existing brand while gaining access to expanded carrier relationships and national operational support. No revenue, headcount, or premium volume figures are publicly disclosed.

Name

Paradiso Insurance

Legal name

Paradiso Financial and Insurance Services

Website

https://paradisoinsurance.com

Company type

Private

Founded year

1998

Operating status

Acquired

Headcount range

11–50 employees

Short description

Paradiso Insurance is an independent insurance agency based in Stafford Springs, Connecticut, distributing personal and commercial insurance products to individuals, families, and small businesses across Connecticut, Massachusetts, Rhode Island, and New York.

Ownership category

akta.pro rank

Headquarters

HQ city

Stafford Springs

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, Technology or R&D, Infrastructure

Revenue model

1. Insurance Policy Commissions: As an independent insurance agency, Paradiso earns commissions from insurance carriers for policies sold and renewed. Revenue is generated through both new policy placements (transaction-based) and renewal premiums (recurring). The agency works with dozens of insurance carriers to find optimal coverage and pricing for clients.
2. Policy Renewals: Recurring revenue from existing client renewals. The agency emphasizes annual account reviews and proactive policy management to maintain high retention ratios.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Paradiso Insurance is an independent insurance agency that places personal and commercial insurance policies on behalf of clients by comparing coverage and pricing across dozens of top-rated insurance carriers. It generates revenue primarily through carrier commissions on new and renewed policies, complemented by a mobile app and online quote/payment tools used to access and service those policies.

Product overview

Paradiso Insurance is an independent insurance agency offering a comprehensive portfolio of personal and commercial insurance products. The product lineup centers on core personal lines (auto, homeowners, life, renters, condo, umbrella) and commercial lines (general liability, workers compensation, commercial property, cyber liability, restaurant, contractors, technology, and farm insurance). The agency also offers specialized niche products including parcel delivery insurance for FedEx and Amazon delivery operators, wedding insurance, and builders risk coverage. As a supplemental offering, the Paradiso Insurance Mobile App provides policy management capabilities including ID card access, document viewing, claims filing, and bill payment. The company operates through a 12-point Paradiso Promise service commitment and partners with multiple insurance carriers to provide choices to clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Auto Insurance Auto insurance coverage for personal vehicles, with specialty variants for antique cars, teen drivers, mature drivers, motorcycles, boats, RVs, and snowmobiles, sourced across multiple carriers.
• Homeowners Insurance Homeowners insurance protecting the physical structure of homes against perils such as fire, theft, and wind damage, with related coverage for condos, renters, dwelling fire, and flood.
• Life Insurance Life insurance providing financial security to loved ones, covering death benefits, cash value accumulation, and estate planning.
• Business Insurance Commercial insurance products including general liability, workers compensation, commercial property, cyber liability, employment practices liability, and business owners policies for small and medium-sized businesses.
• Umbrella Insurance Personal umbrella liability policy providing an extra layer of liability protection over home and auto policies.
• Workers Compensation Insurance Workers compensation coverage protecting employees for work-related injuries and businesses from related liability.
• Cyber Liability Insurance Insurance protecting businesses from data breaches and cyber security incidents.
• General Liability Insurance Commercial general liability coverage for bodily injury and property damage claims.
• Restaurant Insurance Specialized insurance for restaurants covering bar, grill, catering, and food truck operations.
• Contractors Insurance Insurance coverage for contractors including artisans, electricians, HVAC, plumbers, painters, tile installers, pool contractors, and landscapers.
• Farm Insurance Agricultural insurance covering farms, ranches, livestock, and small agribusinesses.
• Technology Insurance Specialized insurance for technology companies including AI, IT, technology services, manufacturing, and startups.
• Parcel Delivery Insurance Insurance coverage for parcel delivery operators including FedEx and Amazon delivery service partners.
• Commercial Vehicle Insurance Insurance for commercial vehicles and fleets used in business operations, including trucking.
• Builders Risk Insurance Insurance for buildings under construction covering property damage during the building process.
• Bonds Insurance Surety and fidelity bonds for business operations and contractual requirements.
• Employment Practices Liability Insurance EPLI coverage protecting businesses from employee lawsuits regarding discrimination and wrongful termination.
• Boat Insurance Watercraft insurance for boats and other vessels.
• Motorcycle Insurance Insurance coverage for motorcycles and powersports vehicles.
• Renters Insurance Insurance coverage for renters protecting personal possessions and providing liability protection.
• Condo Insurance Condominium insurance covering personal property, liability, and unit improvements.
• Flood Insurance Federal flood insurance coverage for properties in flood-prone areas.
• Wedding Insurance Special event insurance protecting wedding celebrations from unforeseen circumstances.
• Fair Warranty Extended warranty product offered as an additional coverage option.
• Paradiso Insurance Mobile App Mobile application allowing clients to access auto insurance ID cards, view policy documents, file claims, and pay bills.

Quantifiable outcome

• Customer testimonials report savings of $950+ per year on bundled policies
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• TrucordiacoreStrategic or Co-development Partner · 1 May 2026Trucordia, a top 20 U.S. insurance brokerage headquartered in Lindon, Utah, acquired Paradiso Financial and Insurance Services in May 2026. The acquisition combines Paradiso's community-focused independent agency model with Trucordia's national platform, expanding Trucordia's New England presence. Paradiso continues operating under its existing brand while gaining access to expanded carrier relationships and national resources.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Paul Murphy Insurance: Independently owned Connecticut-based insurance agency referenced in Paradiso's own testimonials as a peer relationship. Operates a similar community-focused, multi-line personal and commercial insurance model in the New England market.
• Hilb Group: Middle-market insurance brokerage platform that actively acquires and partners with independent agencies like Paradiso, offering access to expanded carrier relationships while preserving local brand identity.
• Trucordia: Top-20 U.S. insurance brokerage that acquired Paradiso in May 2026; offers the same type of personal and commercial insurance brokerage services through a growing national footprint, but at materially larger scale.
• The Liberty Company Insurance Brokers: Independent insurance brokerage offering personal, commercial, and specialty lines through a network of partner agencies with multi-carrier access, comparable to Paradiso's independent agency model at a larger network scale.
• Insurance Office of America: Large independent insurance agency offering commercial and personal lines with multi-carrier access; comparable to Paradiso in operating model but with broader geographic and product breadth.
• Kapnick Insurance: Independent insurance agency focused on commercial, personal, and employee benefits coverage across multiple states, mirroring Paradiso's multi-line independent agency model and carrier-agnostic positioning.

Broad incumbents

• Brown & Brown: Large national insurance brokerage that acquires and operates independent agencies like Paradiso. A relevant comparable given the consolidator dynamics shaping Paradiso's strategic trajectory, though significantly larger and more diversified.
• Acrisure: Global insurance brokerage built largely through roll-ups of independent agencies. Comparable in operating footprint of acquired independents, though with far greater scale and capital resources than Paradiso.
• OneDigital: Insurance, benefits, and wealth management platform aggregating independent agencies and benefit advisors. Comparable in serving small and mid-sized employers with commercial insurance and benefits distribution.
• Marsh McLennan Agency: Middle-market subsidiary of global broker Marsh McLennan, providing commercial and personal insurance solutions through a network of regional agencies—comparable business model to Paradiso at significantly greater scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/InsuranceCT
• Xx.com/paradisoins
• LinkedInlinkedin.com/company/paradiso-financial-and-insurance-services

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 Paradiso Insurance