What Admiral Insurance does

Admiral Insurance Brokerage is an independent, privately-held insurance agency founded in 1996 and headquartered in Brooklyn, New York. The firm operates four offices across the New York metro area (Brooklyn, Staten Island, Melville) and Marina Del Rey, California, and serves construction trade, commercial real estate, business, personal lines, and wealth planning clients by brokering coverage from multiple top-rated nationwide carriers rather than acting as a captive agent for any single insurer. Its core product lines are Construction Insurance (general liability, umbrella/excess, workers compensation, surety bonds, builders risk, pollution liability), Business Insurance (commercial property, liability, E&O, wrap-up), Personal Insurance (homeowners, auto, flood, umbrella), and Wealth Planning (life, disability, long-term care, annuities, group health). The technology stack is primarily operational — Vertafore AMS360, ImageRight, DocuSign, ADP — rather than AI-driven, with customer-facing digital assets limited to the Admiral Connect portal and an Insurance Learning Center.

The business model is commission-based: the firm earns placement commissions from carriers in exchange for shopping coverage, negotiating terms, and providing ongoing service through dedicated account executives assigned by line of business (Joseph Ferrigno for commercial lines, Kimberly Ocasio for personal lines, plus a dedicated construction department). Pricing is quote-by-quote with no published tiers, and the firm offers free policy reviews. The go-to-market is sales-led and relationship-driven, with a self-serve website quote request form and a toll-free line layered in for lower-funnel leads. The customer base is a mix of SMB and enterprise accounts in the New York construction and real estate ecosystem, with named long-tenured clients including Bruno Frustaci Contracting, Barone Steel Fabricators, ARC Electrical & Mechanical, and Rapid Realty. There is no evidence of external investment, acquisitions, or a parent company; the firm operates autonomously under partners Peter Evangelista (President) and Kevin Berntsen (Vice President).

Name

Admiral Insurance

Legal name

Admiral Insurance Brokerage

Website

https://useadmiral.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Admiral Insurance Brokerage is an independent insurance agency founded in 1996, brokering construction, commercial real estate, personal, and wealth-planning coverage from multiple carriers for clients across the New York metro area and California.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industry

Inland Marine Insurance (Transit, Equipment & Installation) (FSAJAHAB)

Keywords

• Independent insurance brokerage
• Commercial insurance services
• Construction insurance
• Personal lines insurance
• Wealth planning solutions

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices4 records

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 Brokerage Commissions: As an independent insurance agency, Admiral Insurance Brokerage earns commissions from multiple insurance carriers for placing business. The agency offers products from top-rated nationwide carriers and negotiates on behalf of customers to secure competitive rates and comprehensive coverage.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Admiral Insurance Brokerage is an independent insurance agency founded in 1996 that places coverage with multiple top-rated nationwide carriers on behalf of clients. It delivers construction, commercial/business, personal, and wealth planning insurance products through dedicated account executives across offices in New York and California, complemented by the Admiral Connect client portal and an Insurance Learning Center.

Product overview

Admiral Insurance Brokerage is a full-service independent insurance agency established in 1996, offering a comprehensive portfolio of insurance products and services. The company operates four core product lines: Construction Insurance (specializing in general liability, umbrella/excess liability, commercial automobile, workers compensation, disability, surety bonds, inland marine, builders risk, and pollution liability), Personal Insurance (covering homeowners, renters, condo, flood, auto, boat & yacht, umbrella, and valuable items), Business Insurance (including property, liability, business auto, umbrella, terrorism, errors & omissions, surety bonds, and job-specific wrap-up insurance), and Wealth Planning (term life, whole life, universal life, survivorship, disability, long term care, annuities, and group health). The agency complements its product offerings with Admiral Connect, an online resource portal for legislative updates and compliance resources, and an Insurance Learning Center providing educational insurance terminology. As an independent agency, Admiral accesses multiple top-rated insurance carriers nationwide to deliver tailored coverage combinations for commercial and personal clients.

Differentiator

Problem solved

Functional benefit

Brands

• Admiral Connect: Online business solutions portal providing legislative updates, compliance resources, HR materials, wellness content, and employee management tools.

Products and services

• Construction Insurance Comprehensive construction insurance covering General Liability, Umbrella/Excess Liability, Commercial Automobile, Workers Compensation, Disability, Surety Bonds, Inland Marine, Builders Risk, and Pollution Liability for construction trade businesses including building, heavy, and specialty trade contractors.
• Personal Insurance
• Business Insurance
• Wealth Planning
• Admiral Connect

Quantifiable outcome

• Substantial premium savings achieved for customers compared to previous brokers

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• American Risk Advisors IncminorOthersAffiliated partner company. Admiral Insurance website references this partner with a link to their website (useara.com). Nature of partnership appears to be referral or co-marketing relationship between insurance brokerages.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Risk Strategies Company: Large US specialty insurance brokerage serving middle-market and commercial clients across construction, real estate, and personal lines. Comparable to Admiral as a multi-line independent brokerage with similar product breadth and target customer mix.
• AssuredPartners: PE-backed national insurance brokerage rollup with strong construction and commercial real estate practices. Highly relevant peer given similar independent-broker model, vertical specialization, and private-equity-backed growth orientation.
• World Insurance Associates: PE-backed insurance brokerage rollup that has grown rapidly via acquisitions of regional agencies. Similar to Admiral in being a private multi-line agency with construction and commercial exposure.
• NFP Corp. Large US insurance brokerage and consulting firm serving middle-market commercial, personal, and benefits clients. Comparable mid-market independent broker with similar product breadth including construction and commercial real estate specialties.
• USI Insurance Services: Large US insurance brokerage serving middle-market commercial, personal, and employee benefits clients. Comparable as a multi-line brokerage with strong personal, commercial, and benefits capabilities.

Broad incumbents

• HUB International: One of the largest North American insurance brokerages, privately held by private equity, with deep construction, real estate, and commercial specialties. Relevant as a much larger incumbent operating in the same verticals and customer segments.
• Brown & Brown, Inc. NYSE-listed national insurance brokerage with diversified commercial, personal, and benefits practices. Comparable broad incumbent serving similar commercial real estate and construction clientele at much larger scale.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with deep construction, real estate, and commercial practices. Relevant broader incumbent competing for mid-market commercial accounts.
• Marsh McLennan Agency: Middle-market-focused brokerage subsidiary of Marsh McLennan serving commercial, real estate, and construction clients. Comparable as a scaled brokerage serving the same mid-market contractor base.

Emerging players

• Next Insurance: Digital-first SMB insurance carrier/broker targeting small contractors and small businesses with bindable online policies. Relevant as an emerging digitally-native competitor threatening traditional brokers like Admiral in the small-contractor segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/UseAdmiral/?pnref=lhc
• LinkedInlinkedin.com/company/admiral-insurance-brokerage-inc
• Instagraminstagram.com/admiral_insurance_brokerage/?hl=en
• Xx.com/useadmiral

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

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 Admiral Insurance