What RMS Hospitality Group does

RMS Hospitality Group (RMS HG) is the specialized hospitality insurance program division of RMS Insurance Brokerage, LLC, operating as a Managing General Agent (MGA) with underwriting authority to quote and bind policies in-house. The company provides commercial general liability, products and completed operations, liquor liability, assault and battery, excess liability, and workers compensation coverage to U.S.-based hospitality operators across nine specialty programs: nightclubs, adult nightclubs, live music venues, lounges, sports bars, pubs and taverns, jazz clubs, comedy clubs, and restaurants, plus a dedicated Franchise Select program for multi-location chains. Programs are exclusively underwritten by carriers rated A (Superior) by A.M. Best with financial size category XV ($2B+), and the company maintains an active content presence including a 43-page hospitality blog and downloadable broker collateral.

The company distributes exclusively through appointed independent insurance brokers and agents via a Nexsure-based online portal (portal2018.nexsure.com) that supports application submission, quoting, and policy management. Its ACE Members program provides designated brokers with a 5% exclusive insurance discount on flexible coverage forms. Headquartered in Garden City, New York, the company employs 11-50 staff and is led by Mark Derrenberger as President. In August 2025, RMS Hospitality Group was acquired by Brightstone Specialty Group, a subsidiary of Highstreet Insurance Partners, expanding the company's reach within the broader U.S. specialty insurance platform. No venture funding, public listing, or disclosed revenue figures are associated with the company in the available data.

Name

RMS Hospitality Group

Legal name

RMS Insurance Brokerage, LLC

Website

https://rmshg.com

Company type

Private

Operating status

Acquired

Headcount range

11–50 employees

Short description

RMS Hospitality Group is a U.S.-based Managing General Agent and specialty program division of RMS Insurance Brokerage, LLC providing general liability, liquor liability, assault and battery, excess liability, and workers compensation coverage exclusively to hospitality operators (nightclubs, bars, restaurants, music and comedy venues) through appointed independent brokers.

Ownership category

akta.pro rank

Product category

Specialty Hospitality Insurance

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Hospitality insurance programs
• Nightclub insurance programs
• Liquor liability coverage
• Managing general agent
• Restaurant insurance programs

Headquarters

HQ city

Garden City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Program Fees and Underwriting Profit: As a Managing General Agent (MGA) with underwriting authority, RMS Hospitality Group generates revenue through administering insurance programs for the hospitality industry. The company earns fees from insurance carriers for underwriting and program administration, and may participate in underwriting profits. They offer commercial general liability, liquor liability, assault & battery, products and completed operations, excess liability, and workers compensation coverage.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

RMS Hospitality Group operates as a Managing General Agent (MGA) and specialized program division of RMS Insurance Brokerage, LLC, underwriting and distributing hospitality-focused commercial insurance programs exclusively through appointed independent insurance brokers. The company offers tailored liability and workers compensation coverage (general liability, liquor liability, assault & battery, products & completed operations, excess liability, workers compensation) packaged into specialty programs for nightclubs, bars, restaurants, live music venues, comedy clubs, and other hospitality operators.

Product overview

RMS Hospitality Group operates as a specialized hospitality insurance program administrator and managing general agent (MGA) offering a comprehensive suite of insurance products and services. The portfolio includes specialty programs for nine distinct hospitality venue types (Nightclubs, Adult Nightclubs, Live Music Venues, Lounges, Sports Bars, Pubs & Taverns, Jazz Clubs, Comedy Clubs, and Restaurants/Franchises) and six core coverage lines (General Liability, Products & Completed Operations, Liquor Liability, Assault & Battery, Excess Liability, and Workers Compensation). The company functions as a managing general agent with underwriting authority allowing in-house policy quoting. Core insurance products are distributed through appointed brokers and a dedicated online portal (Nexsure-powered broker platform), with an exclusive ACE Members partner program offering additional discounts. The programs address the full spectrum of hospitality industry risks from patron injuries and alcohol-related incidents to business property and catastrophe coverage.

Differentiator

Problem solved

Functional benefit

Products and services

• Nightclubs Insurance Program

Quantifiable outcome

• Quick response times for hospitality program insurance submissions
• +1 more outcomes

Segments10 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor and core.

• ACE NationalminorGTM or Marketing PartnerACE National designates RMS as a Premier ACE Member Industry provider, granting RMS access to ACE's broker network and enabling RMS to offer ACE Members an exclusive 5% insurance discount on flexible coverage forms. This partnership primarily benefits broker distribution through the ACE Members program.
• Top-Rated Insurance Carriers (A.M. Best A Superior)coreStrategic or Co-development PartnerRMS HG operates an exclusive program underwritten by insurance carriers with minimum A (Superior) financial strength rating from A.M. Best and financial size category XV ($2 billion or greater). These carrier partnerships provide the financial backing and underwriting capacity for RMS's hospitality insurance programs.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Brown & Riding: Specialty wholesale brokerage and program administrator serving hospitality, restaurant, and entertainment risks. Comparable to RMS in program-administration role but with wider specialty footprint and larger broker network.
• Hiscox: Global specialty insurer with a strong small-business and hospitality commercial book. Competes with RMS for restaurant and bar business through both direct and broker channels, and at greater scale across the broader hospitality segment.
• Amwins: Largest US specialty insurance wholesaler with MGA capabilities across hospitality, entertainment, and liquor liability. Comparable to RMS in program-administration structure but with materially greater scale, carrier panel, and broker marketing investment.
• Burns & Wilcox: Large national specialty insurance wholesaler and MGA with established hospitality practice. Overlaps with RMS on bar/nightclub/restaurant placement but operates across many other specialty verticals with significantly broader carrier and broker reach.
• RPS (Risk Placement Services): Major specialty wholesale broker and MGA offering hospitality and entertainment programs. Competes with RMS on hospitality placement through deeper carrier relationships and national broker coverage, while serving a much broader specialty book.
• CRC Group: National specialty wholesale brokerage with hospitality and entertainment practice areas. Overlaps with RMS in bar/restaurant/nightclub placement while serving a much broader specialty portfolio across many lines of business.

Emerging players

• Coterie Insurance: Tech-enabled commercial insurance MGA targeting small businesses including restaurants and bars. Comparable to RMS on the hospitality end-customer side but competes via an API-driven, direct-digital model rather than the appointed-broker channel.

Direct peers

• Founder Shield: Specialty insurance MGA focused on bars, restaurants, nightclubs, and hospitality operators — the most directly comparable competitor to RMS's hospitality program book, with similar coverage lines (general liability, liquor liability, assault & battery) and a broker-facing distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RMS_HG

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 RMS Hospitality Group