Island Insurance Company
Island Insurance Company is a Hawaii-based, locally-owned property and casualty insurer founded in 1940. It serves Hawaii residents and businesses through personal lines (homeowners, auto, renters, condo, flood, hurricane, earthquake, umbrella) and commercial lines (property, workers' comp, umbrella, inland marine) distributed via independent agents and a direct digital portal.
- Company typePrivate
- Founded1940
- HeadquartersHonolulu, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Island Insurance Company does
Island Insurance Company Limited is a privately-held, locally-owned property and casualty (P&C) insurance carrier headquartered in Honolulu, Hawaii. Founded in 1940, the company is the only locally-owned P&C insurer in the state of Hawaii and has operated continuously for more than 85 years. It serves two primary segments: Hawaii households (homeowners, renters, condo, auto, personal umbrella, plus separate flood, hurricane, and earthquake coverage) and Hawaii businesses (commercial property, workers' compensation, business income, inland marine, and commercial umbrella). The company supports its policyholders through dedicated Personal and Business Insurance Claims Centers and an Island Certified℠ Repair Shops network.
The company distributes products through a network of independent insurance agents located across Hawaii, supplemented by a direct digital channel consisting of an online account management and bill payment portal at account-management.islandinsurance.com. Its technology stack is described as standard insurance operations technology, with no proprietary AI, ML, or platform components disclosed. Marketing and customer engagement are conducted through a multi-channel approach that includes a Resource Hub with educational content, active social media profiles, a monthly email newsletter, community engagement via the employee-led Ho'ohana Club, and the Island Insurance Foundation (a wholly-owned nonprofit entity that handles charitable giving and educational equity programs including a multi-year school supply drive partnership with Better Tomorrows).
The business model is subscription/recurring premium-based revenue from P&C insurance policies, with pricing set on a quote basis and varying by risk factors, coverage needs, and Hawaii geography. Revenue figures are not publicly disclosed. The company is independently owned with no parent company or external investment evident, has 101-250 employees, and is led by President Scott Kuioka. It has been named among Ward Group's Top 50 U.S. P&C insurers for 18 consecutive years and on Hawaii Business Magazine's Best Places to Work for 20 consecutive years, and was the first of more than 160 insurers to accept terms in the $4 billion Maui wildfire settlement.
Island Insurance Company firmographics
Firmographics- Name
- Island Insurance Company
- Legal name
- Island Insurance Company Limited
- Website
- https://islandinsurance.com
- Company type
- Private
- Founded year
- 1940
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Island Insurance Company is a Hawaii-based, locally-owned property and casualty insurer founded in 1940. It serves Hawaii residents and businesses through personal lines (homeowners, auto, renters, condo, flood, hurricane, earthquake, umbrella) and commercial lines (property, workers' comp, umbrella, inland marine) distributed via independent agents and a direct digital portal.
- Ownership category
- akta.pro rank
Island Insurance Company industry classification
Industry- Product category
- Property and Casualty Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers (5241)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Inland Marine Insurance (Transit, Equipment & Installation) (FSAJAHAB)
- akta.pro secondary industries
- Inland Marine / Personal Articles & Valuable Items Insurance (FSAJACAJ), Renters Insurance (FSAJACAB)
Keywords
Where Island Insurance Company is headquartered
LocationHeadquarters
- HQ city
- Honolulu
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Island Insurance Company business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Property and Casualty Insurance Premiums: Island Insurance generates revenue through property and casualty insurance policies including homeowners, auto, renters, condo, and business insurance. Premiums are recurring based on annual or monthly policy payments.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Island Insurance Company product offering
Product offeringCore offering
Island Insurance Company is a property and casualty insurer that underwrites and services personal lines (homeowners, renters, auto, condo, personal umbrella, flood, hurricane, and earthquake) and commercial lines (commercial property, workers' compensation, business income, inland marine, commercial umbrella) for Hawaii residents and businesses. Policies are sold through independent insurance agents and serviced via online account management, a claims center, and a network of Island Certified Repair Shops.
Product overview
Island Insurance Company is a locally-owned property and casualty (P&C) insurance provider serving Hawaii since 1940. The company offers a comprehensive portfolio of insurance products organized into Personal Insurance (homeowners, renters, auto, condo, umbrella, flood, hurricane, and earthquake coverage) and Business Insurance (commercial property, commercial umbrella, workers' compensation, business income, and inland marine coverage). The company also operates claims service centers and a certified repair shop network. As the only locally-owned P&C insurer in Hawaii, the company focuses on serving Hawaii families and businesses with personalized solutions and superior service.
Differentiator
Problem solved
Functional benefit
Brands
- Island Insurance Foundation: The charitable arm of Island Insurance that supports community giving, educational equity programs, and employee volunteer initiatives including school supply drives for underserved communities in Hawaii.
Products and services
- Homeowners Insurance
- Renters Insurance
- Personal Auto Insurance
- Condo Insurance (HO-6)
- Flood Insurance
- Hurricane Insurance
- Earthquake Insurance
- Personal Umbrella Insurance
- Commercial Property Insurance
- Workers' Compensation
- Business Income Coverage
- Inland Marine Insurance
- Commercial Umbrella Insurance
Quantifiable outcome
- 18 consecutive years named among Ward Group's Top 50 property and casualty insurers
- +2 more outcomes
Companies that use Island Insurance Company
Customer profileSegments2 records
Ideal customer profiles2 records
Island Insurance Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Island Insurance Company partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Better TomorrowscoreIsland Insurance Foundation partners with Better Tomorrows for the annual school supply drive at the Towers at Kuhio Park housing community. For the eighth consecutive year in July 2025, over 375 keiki received personalized bags of school supplies. The event was organized and staffed by volunteers from Island Insurance's employee-led Ho'ohana Club.
- Towers at Kuhio Park Housing CommunityminorOngoing community partnership where Island Insurance Foundation and Better Tomorrows distribute school supplies to children living at this income-restricted low-income housing community.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Island Insurance Company competitors and assessment
Company assessmentBroad incumbents
- Farmers Insurance: National P&C insurer with multi-line personal and commercial offerings in Hawaii. Competes with Island Insurance on homeowners, auto, and small commercial lines through captive agents.
- State Farm: Largest U.S. personal lines insurer with significant Hawaii auto and homeowners market share via captive agents. Competes directly with Island Insurance across personal lines but at vastly greater scale.
- Allstate: National P&C carrier with established Hawaii presence in auto and homeowners. Competes with Island Insurance on personal lines while offering broader national scale and direct-to-consumer digital capabilities.
- Liberty Mutual: Major national P&C insurer with strong commercial lines presence. Competes with Island Insurance in Hawaii commercial property, workers' comp, and commercial umbrella segments.
- GEICO: Direct-to-consumer auto insurance leader with strong Hawaii auto market share. Direct competitor to Island Insurance's personal auto line, differentiated by digital-first GTM and aggressive pricing.
- Progressive: National auto insurance carrier competing directly with Island Insurance's personal auto line via direct digital channels. Pressure point on price-sensitive and digitally-native Hawaii drivers.
- Travelers: Top-tier U.S. commercial P&C carrier with presence in Hawaii business insurance. Direct competitor on commercial property, workers' comp, and inland marine lines with substantially larger capital base.
- Nationwide: Diversified national P&C and financial services carrier with Hawaii personal and commercial offerings. Competes across multiple of Island Insurance's core product lines.
Direct peers
- First Insurance Company of Hawaii: Hawaii-headquartered property and casualty insurer offering personal and commercial lines across the state. Most directly comparable to Island Insurance in terms of geography, product mix, and target customer base.
Regional players
- USAA: Insurer serving military members and families with strong Hawaii presence due to large military installation footprint (Pearl Harbor, Schofield, Joint Base). Competes with Island Insurance on auto and homeowners among Hawaii's large military-affiliated population.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Island Insurance Company social profiles
Digital presenceIsland Insurance Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Island Insurance Company leadership team
Management profileNumber of profiles
Profiles4 records
Island Insurance Company subsidiaries and ownership
Company hierarchySubsidiaries1 record
Island Insurance Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Island Insurance Company 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 Island Insurance Company
What does Island Insurance Company do?
Island Insurance Company is a property and casualty insurer that underwrites and services personal lines (homeowners, renters, auto, condo, personal umbrella, flood, hurricane, and earthquake) and commercial lines (commercial property, workers' compensation, business income, inland marine, commercial umbrella) for Hawaii residents and businesses. Policies are sold through independent insurance agents and serviced via online account management, a claims center, and a network of Island Certified Repair Shops.
Is Island Insurance Company a public or private company?
Island Insurance Company is a private company. It is classified as unknown and is currently operating.
When was Island Insurance Company founded?
Island Insurance Company was founded in 1940. It employs 101 to 250 people.
Where is Island Insurance Company based?
Island Insurance Company is headquartered in Honolulu, United States, in the North America region.
How does Island Insurance Company make money?
One revenue line is on record: property and Casualty Insurance Premiums.
Who are Island Insurance Company's main competitors?
Broad incumbents on record are Farmers Insurance, State Farm, Allstate, Liberty Mutual, GEICO, Progressive, Travelers and Nationwide. First Insurance Company of Hawaii is listed as a direct peer. USAA is listed as a regional player.
Does Island Insurance Company have an API?
No public API is recorded for Island Insurance Company.
What industry is Island Insurance Company in?
Island Insurance Company's product category is Property and Casualty Insurance. Its primary akta.pro industry code is FSAJAHAB, Inland Marine Insurance (Transit, Equipment & Installation), with a secondary code of FSAJACAJ, Inland Marine / Personal Articles & Valuable Items Insurance. Its NAICS code is 52412 and its SIC code is 6331.