Falcon Insurance Agency

What Falcon Insurance Agency does

Falcon Insurance Agency is a US-based, privately held aviation insurance agency founded on March 27, 1979 by John Allen and Tom Bradshaw, and headquartered in Kerrville, Texas. The company is one of the country's largest agencies exclusively dedicated to aviation insurance, operating across three product lines: Aircraft Insurance (personal, commercial, rotor wing, seaplanes, agricultural aviation, and warbirds/vintage), Specialty Insurance (drop zones, aviation businesses, drones/UAVs), and Liability & Life Insurance (aviation professional liability, pilot life, non-owned liability), spanning 13 unique service lines in total. Falcon distributes coverage through a network of 9 regional offices (Kerrville, Austin, Dallas, Houston, Soldotna AK, Scottsdale AZ, Lakeland FL, St. Peters MO, Upland CA) and is fully licensed in all 50 US states plus Puerto Rico and the District of Columbia.

The underlying platform is an aviation insurance intermediary model: Falcon maintains trusted, direct relationships with all major aviation insurance markets and integrates with carrier quote engines (including AeroInsure for drones and Starrlink for non-owned/CFI applications) to deliver instant quoting, binding, and account servicing. The agency complements its direct sales force with affinity group partnerships (EAA, ABS, MAPA, NAAA, NBAA, HAI, SPA, USAA) and recurring presence at major industry events (EAA AirVenture, Sun 'n Fun). In 2020, the company reported 17,459 hulls insured and $210 million in claims managed.

The business model is commission-based: Falcon earns agency commissions on aviation insurance premiums placed with carrier markets, with pricing determined per risk (aircraft type, usage, pilot experience, coverage limits) and policies typically renewed annually. The customer base is highly distributed across individual pilots, SMB and mid-market commercial operators, FBOs, agricultural aviation operators, warbird/vintage owners, and a growing drone/UAV segment. Co-branding with Acrisure on the current corporate logo indicates a partnership or ownership relationship with the global insurance brokerage, providing a potential capital and distribution tailwind.

Name

Falcon Insurance Agency

Legal name

Falcon Insurance Agency

Website

https://falconinsurance.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

51–100 employees

Short description

Falcon Insurance Agency is a privately held, US-based aviation insurance agency founded in 1979 and headquartered in Kerrville, Texas. It exclusively places aircraft, specialty aviation, and pilot liability coverage with major carriers through 9 regional offices, serving individual pilots, commercial operators, FBOs, and specialty aviation segments across all 50 states.

Ownership category

akta.pro rank

Product category

Aviation Insurance

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Aviation Specialty (FSAJAGAK)

akta.pro secondary industries

Aviation Hull Insurance (FSAJAHAC), Aviation Liability Insurance (Passenger & Third-Party) (FSAJAHAD), Airport & Ground Operations Insurance (FSAJAHAF)

Keywords

• Aviation insurance
• Aircraft insurance
• Specialty aviation coverage
• Aviation liability insurance
• Drone insurance

Headquarters

HQ city

Kerrville

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission Revenue: Revenue generated through commissions from aviation insurance products placed with insurance markets. The company serves as an insurance agency/broker placing coverage with various insurance carriers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Falcon Insurance Agency is a specialized aviation insurance agency that places aircraft, specialty aviation, and liability/life insurance coverage with major aviation insurance carriers on behalf of individual pilots, commercial aviation operators, and specialty aviation businesses. The agency operates nine U.S. offices, is fully licensed in all 50 states plus the District of Columbia and Puerto Rico, and serves the aviation community through 13 distinct service lines, including hull, liability, life, and specialty coverages.

Product overview

Falcon Insurance Agency operates as a specialized aviation insurance agency offering three core product lines: Aircraft Insurance (covering personal aircraft, commercial aircraft, rotor wing, seaplanes, agricultural aviation, and warbirds), Specialty Insurance (for drop zones, aviation businesses, and drones/UAVs), and Liability & Life Insurance (including aviation professional services liability, pilot life insurance, and non-owned liability). The company provides these insurance solutions exclusively to the aviation community through a network of 9 offices across the United States.

Differentiator

Problem solved

Functional benefit

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature1 record

Partnerships

Twelve partnerships are on record, tiered minor and core.

• American Bonanza Society (ABS)minorGTM or Marketing PartnerAffinity group partnership working with ABS to provide insurance solutions to Bonanza aircraft owners and members.
• EAA OshKoshcoreGTM or Marketing PartnerKey partnership for annual EAA AirVenture event participation. Falcon Insurance is present at the largest aviation gathering to connect with aviation enthusiasts and provide insurance services.
• Experimental Aircraft Association (EAA)coreGTM or Marketing PartnerPartnership with EAA providing non-owned/CFI insurance applications and affinity services to experimental aircraft owners and pilots.
• Federal Aviation Administration (FAA)minorStrategic or Co-development PartnerIndustry regulatory body relationship for maintaining compliance and understanding regulatory requirements in aviation insurance.
• Helicopter Association International (HAI)minorGTM or Marketing PartnerPartnership to serve helicopter operators and provide specialized coverage for rotor wing aircraft.
• Mooney Aircraft Pilots Association (MAPA)minorGTM or Marketing PartnerAffinity partnership providing insurance services to Mooney aircraft owners and pilots.
• National Agricultural Aviation Association (NAAA)minorGTM or Marketing PartnerPartnership serving agricultural aviation operators with specialized coverage for crop dusting and aerial application operations.
• National Business Aviation Association (NBAA)minorGTM or Marketing PartnerPartnership serving business aviation operators with comprehensive commercial coverage solutions.
• Seaplane Pilots Association (SPA)minorGTM or Marketing PartnerPartnership to provide insurance solutions for seaplane operators and seaplane pilots.
• Southern Seaplane Safety InstituteminorGTM or Marketing PartnerPartnership supporting seaplane safety and providing related insurance coverage.
• Sun 'n FunminorGTM or Marketing PartnerPartnership for participation in Sun 'n Fun aviation event, reaching the aviation community.
• USAAminorGTM or Marketing PartnerPartnership providing non-owned/CFI insurance application options for USAA members.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BWI Aviation Insurance Group: Aviation-specialty insurance agency placing hull, liability, and specialty coverage for general aviation operators. Closely comparable to Falcon in product scope (C-172s through business jets) and exclusive aviation focus.
• Avemco Insurance Company: Direct aviation insurance writer owned by Chubb, focused on personal and recreational aircraft hull and liability. Competes for the same pilot/owner customer base as Falcon, particularly in owner-flown aircraft coverage.
• National Aviation Underwriters (NAU): Aviation-specialty insurance program manager and broker serving fixed-base operators, flight schools, and commercial operators. Comparable niche focus on aviation-only placement with multi-carrier market access.
• Aerospace Insurance Managers: Aviation-focused managing general agent placing aviation risks with multiple markets. Overlaps with Falcon's product breadth across hull, liability, and specialty aviation lines.
• Global Aerospace: Aviation insurance pool underwriting hull, liability, and specialty risks globally. Comparable specialty aviation underwriting expertise and carrier-side market access that Falcon draws on for placements.

Broad incumbents

• Acrisure: Top-10 US insurance brokerage that Falcon is co-branded with on its website. A broad incumbent that provides scale, capital, and cross-sell opportunities into Falcon's aviation specialty, while competing for larger commercial accounts.
• Aon (Aviation Practice): Global insurance brokerage with a dedicated aviation practice serving airlines, airports, and corporate flight departments. Overlaps with Falcon at the larger commercial aviation and FBO end of the market.
• Marsh (Aviation Practice): Global insurance brokerage with a significant aviation specialty group covering airlines, manufacturers, and corporate operators. Competes for larger commercial aviation accounts where Falcon is less present.
• AssuredPartners: Large US insurance brokerage with a national footprint and personal-lines aviation capabilities. A broader incumbent that occasionally overlaps Falcon's general aviation and light commercial book.
• USAA: Member-only insurer serving military families with a personal aviation insurance offering and a Falcon-referral partnership for non-owned/CFI coverage. Adjacent incumbent in the personal aviation customer segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/FalconInsAgcy
• Facebookfacebook.com/FalconInsuranceAgency/?fref=ts
• LinkedInlinkedin.com/company/falcon-insurance-agency
• Instagraminstagram.com/falconinsuranceagency

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Falcon Insurance Agency