Allstar Financial Group

Name

Allstar Financial Group

Legal name

Allstar Financial Group, LLC

Website

https://allstarfg.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Insurance Brokerage and Managing General Agency Services

NAICS

Insurance Agencies and Brokerages (52421), Insurance Carriers and Related Activities (524)

SIC

Insurance Agents, Brokers & Service (6411), Surety Insurance (6351)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industries

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD), Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

Keywords

• Surety bond services
• Commercial insurance brokerage
• Managing general agent
• Wholesale insurance distribution
• Personal lines insurance

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices23 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission and Fees: Allstar and/or its affiliates may provide retail, wholesale and reinsurance brokerage, risk management, underwriting, captive management and benefits consulting and may receive remuneration as commission or fees paid by an insurer; fees paid by a client in lieu of, or in addition to, commissions; and investment income on premiums; claim payments and return premiums temporarily held as fiduciary funds.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Allstar Financial Group operates as a wholesale Managing General Agent and insurance holding company that distributes surety, fidelity, commercial, and personal lines insurance products through 10+ specialty MGA divisions. The company writes business on behalf of A-rated insurance carriers and distributes coverage exclusively through a network of appointed independent agents and wholesale brokers across 26 U.S. offices. It also operates National Claim Services for third-party claims administration and Renova Partners for merger and acquisition advisory services to community banks and middle-market companies.

Differentiator

Problem solved

Functional benefit

Brands

• Allstar Surety: Surety bonds for contract and commercial business with experienced underwriters providing solutions for all surety needs.
• Allstar Underwriters
• Venture Underwriters
• Outdoor Underwriters
• Prime Specialty
• Aspen Insurance MGA
• National Claim Services
• Recreation Insurance Specialists (RIS)
• Blue Sky RV Insurance
• Allstar Transportation Specialists
• Arkon Special Risk
• Allstar Technology

Products and services

• Contract and Commercial Surety Bonds Surety bond products including contract bonds and commercial bonds for contractors and businesses needing bonding for government and commercial projects, distributed through the SBA Bond Guarantee Program in partnership with QBE North America.
• Commercial and Personal Lines Insurance (MGA) Managing General Agent program providing commercial general liability, excess liability, commercial auto, workers compensation, personal auto, homeowners, and condo insurance through appointed independent agents and carriers.
• Excess and Surplus Lines Wholesale Brokerage Wholesale broker solutions providing fast, knowledgeable underwriting for excess and surplus lines risks, produced exclusively through wholesale brokers and supported by A+ rated carriers.
• Outdoor Recreation Insurance Specialty insurance for hunt clubs, landowners, and the forest products industry, backed by Lloyd's of London and distributed through Outdoor Underwriters.
• Commercial General Liability for Contractors Prime Specialty provides competitive CGL quotes for trade contractors, general contractors, and project policies through wholesale broker relationships.
• Texas Personal Lines (Auto) Insurance Aspen Insurance Managing General Agency delivers personal lines coverages with a streamlined automated technology platform for partners in Texas, including private passenger auto.
• Third Party Claims Administration National Claim Services is a full service third party administrator providing quality claims solutions and risk management programs.
• Recreation Insurance Specialists (RIS) Programs Specialty insurance coverages for various outdoor recreation lifestyle styles and unique assets, distributed through wholesale brokers.
• RV Insurance (Blue Sky) Full suite of specialty coverages for recreational vehicle owners offered through Blue Sky RV Insurance.
• Specialized Trucking Insurance Allstar Transportation Specialists provides specialized trucking insurance covering nearly every size fleet and expanded to include public transportation coverage (taxicabs, limousines, social service vans) in North Carolina.
• Mergers and Acquisitions Advisory (Renova Partners) Financial advisory and investment banking services specializing in merger and acquisition services for community banks and emerging middle market companies across industries.

Quantifiable outcome

• Over $500 million of annual written premium
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered minor and core.

• SCORminorStrategic or Co-development Partner · 27 February 2020Venture Underwriters associated with SCOR's U.S. surplus lines company, General Security Indemnity Company of Arizona, an A.M. Best Rated A+, XV carrier to underwrite and distribute general liability-related business.
• Small Business Administration (SBA)coreStrategic or Co-development Partner · 1 June 2017Allstar Surety, Inc. partnered with SBA Bond Guarantee Program representing QBE North America, writing bonds nationwide through the SBA program. This partnership allows agents access to the SBA bond program without being formally appointed with the SBA.
• Berkshire Hathaway GUARD Insurance CompaniescoreStrategic or Co-development Partner · 19 January 2017Allstar Underwriters became exclusive representative for Berkshire Hathaway GUARD Insurance Companies' NCRF program in North Carolina. GUARD carriers are rated A+ ('Superior') by A.M. Best.
• Renova Partners, LLCcoreStrategic or Co-development Partner · 1 October 2016Allstar Financial Group acquired Renova Partners, LLC, a financial advisory and investment banking firm specializing in merger and acquisition services for community banks and emerging middle market companies. Tommy Duffy joined as EVP/COO.
• QBE North AmericacoreStrategic or Co-development Partner · 29 August 2016Allstar Surety joined forces with QBE North America as a program administrator, offering additional capabilities for contract and commercial Surety business. QBE is rated 'A' (Excellent) by A.M. Best and 'A+' by Standard & Poor's.
• Fair American Insurance and Reinsurance Co. (FAIRCO)minorStrategic or Co-development Partner · 1 April 2016Allstar Surety Co. announced partnership with FAIRCO to offer dynamic, expanded surety program through an A.M. 'A' Rated & Treasury Listed carrier.

Scale indicators6 records

Recent moves13 records

Expansion highlights6 records

Emerging players

• Accelerant Holdings: Accelerant is a specialty insurance platform enabling MGAs with capital, data, and underwriting infrastructure — an emerging alternative model to Allstar's traditional MGA distribution structure.

Direct peers

• Amwins Group: Amwins is the largest US specialty wholesale broker and MGA, distributing insurance through retail agents across commercial, E&S, and personal lines — directly analogous to Allstar's Venture Underwriters and Allstar Underwriters model.
• RPS (Risk Placement Services): RPS is a specialty wholesale broker and MGA serving retail agents with admitted and non-admitted products across commercial and personal lines, a near-direct competitor to Allstar Underwriters and Venture Underwriters.
• CRC Insurance Group: CRC is a specialty wholesale broker and MGA platform with multiple niche programs distributed through retail agents, mirroring Allstar's multi-division holding-company MGA structure.
• Brown & Riding: Brown & Riding is a specialty wholesale brokerage and program administrator with multiple niche practice groups — comparable to Allstar's specialty division model and distribution via independent agents.
• Burns & Wilcox: Burns & Wilcox is a specialty wholesale brokerage and MGA distributing admitted, surplus, and personal lines to retail agents across the US, directly comparable to Allstar Underwriters.
• Skyward Specialty Insurance Group: Skyward Specialty is a specialty insurer and program administrator combining underwriting and MGA distribution across niche commercial lines, overlapping with Allstar's surety and commercial package operations.

Broad incumbents

• Arch Insurance Group: Arch Insurance is a diversified specialty carrier that provides capacity to MGA partners like Allstar Surety and competes in surety, contractor, and transportation lines where Allstar distributes.
• Markel Corporation: Markel is a specialty insurer with significant MGA and program administrator partnerships and direct specialty underwriting in surety, transportation, and outdoor recreation, overlapping with several Allstar divisions.

Regional players

• NASBP-affiliated surety broker peers (e.g., Surety Bond Associates): Independent surety bond producers affiliated with the same NASBP trade group Allstar belongs to, competing directly with Allstar Surety in contract and commercial bond placement to contractors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/allstar-financial-group
• Xx.com/allstarfin

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries13 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 Allstar Financial Group