Truckers Insurance Associates

What Truckers Insurance Associates does

Truckers Insurance Associates is a family-owned, independent Managing General Agent (MGA) and wholesale insurance broker specializing exclusively in commercial trucking insurance. Founded in 1943 and headquartered in West Des Moines, Iowa, the company distributes coverage exclusively through independent retail insurance agents rather than selling directly to trucking companies or owner-operators. Its portfolio spans commercial auto liability, physical damage, cargo, workers' compensation and occupational accident coverage, excess liability/umbrella, cyber liability, general liability, and surety bonds, with telematics-enabled coverage as an emerging add-on. The company represents 12 insurance market partners — including Northland Insurance, Canal Insurance, IAT Insurance Group, Carolina Casualty, Berkley Prime Transportation, Berkley Small Business Solutions, Rokstone Agriculture, The Hartford, Crum & Forster, Travelers, Risk Administration Services, and Paragon Insurance Holdings — providing agents access to multiple carriers through a single wholesale relationship.

The company operates as an MGA with underwriting, policy processing, claims liaison, and agent servicing functions handled in-house. Its technology platform centers on an agent portal (portal.truckers-insurance.com) that supports policy access, payment processing via e-Bill Express integration, claims reporting, and submission of new business through a proprietary quick-quote application built for commercial trucking risks rather than standard accord forms. The firm is licensed as an MGA in 34–37 states and serves agents across more than half of the United States. Operating geographies are concentrated in the Midwest, Southeast, Southwest, Mountain West, and Pacific Northwest, with explicit non-coverage in states including California, Florida, Louisiana, and most of the Northeast.

Revenue is generated through commissions earned on premiums placed with represented carriers via the agent network, supplemented by any MGA fees and surety-bond revenue from the ZipBonds partnership. The company is privately held, with no public funding rounds or institutional ownership, and has remained family-owned since 1943. Recent strategic activity has been concentrated on product diversification (Cyber Liability Insurance, surety bonds, telematics-enabled coverage) and geographic expansion (seven-state Northland expansion in 2023, addition of Berkley Small Business Solutions and Rokstone Agriculture), supported by a 2021 headquarters relocation and continued hiring across underwriting and operations.

Name

Truckers Insurance Associates

Legal name

Truckers Insurance Associates, Inc.

Website

https://truckers-insurance.com

Company type

Private

Founded year

1943

Operating status

Operating

Headcount range

11–50 employees

Short description

Truckers Insurance Associates is a family-owned Managing General Agent and wholesale broker specializing in commercial trucking insurance, distributing coverage through independent retail agents across 34–37 states on behalf of 12 carrier partners. Founded in 1943 in West Des Moines, Iowa, it serves trucking fleets and owner-operators.

Ownership category

akta.pro rank

Product category

Commercial Trucking Insurance Wholesale Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro industry

PRIMARYFSAEADAD

Wholesale Insurance Brokerage (Excess & Surplus Lines)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAJABAC

Motor Truck Cargo

Financial & Insurance/Insurance — Motor, Property & Casualty/Commercial Auto & Fleet Insurance

SECONDARYFSAJABAF

Garage Liability & Dealers (Auto Dealers, Repair Shops)

Financial & Insurance/Insurance — Motor, Property & Casualty/Commercial Auto & Fleet Insurance

Keywords

• Commercial trucking insurance
• Wholesale insurance broker
• Managing general agency
• Trucking fleet coverage
• Independent agent distribution

Headquarters

HQ city

West Des Moines

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 Commissions: Truckers Insurance Associates operates as a Managing General Agent earning commissions from insurance carriers for placing commercial trucking insurance policies. The company represents multiple insurance markets and receives compensation based on premiums written through their agent network.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Truckers Insurance Associates is a wholesale insurance broker and managing general agent that places commercial trucking insurance coverage with independent insurance agents. The firm accesses multiple rated trucking markets to deliver truck-specific lines including commercial trucking, workers' compensation, excess/umbrella liability, general liability, cargo, bonds, and cyber liability to retail agents serving motor carriers and owner-operators.

Product overview

Truckers Insurance Associates is a family-owned independent Managing General Agent (MGA) and wholesale insurance broker specializing in commercial trucking insurance. Founded in 1943 and headquartered in West Des Moines, Iowa, the company offers a portfolio of core insurance products including Commercial Trucking Insurance (for fleet and non-fleet operations), Workers' Compensation and Occupational Accident Coverage, Excess Liability/Umbrella coverage, Cyber Liability Insurance, Bonds (via ZipBonds), General Liability, Cargo Coverage, and Motor Truck Cargo/Livestock/Inland Marine. The company represents multiple insurance market partners including Northland Insurance, Canal Insurance, IAT Insurance Group, Carolina Casualty, Berkley Prime Transportation, Berkley Small Business Solutions, Rokstone Agriculture, Crum & Forster, Travelers, The Hartford, Risk Administration Services, and Paragon Insurance Holdings. These market partners provide the underlying insurance capacity while Truckers serves as the wholesale broker and MGA managing the distribution, underwriting, and service for independent insurance agents across their operating territories.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Quick quote turnaround and processing
• +1 more outcomes

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core.

• Northland InsurancecoreChannel Partner/ Reseller/ DistributorNorthland Insurance provides commercial trucking coverage for fleet and non-fleet operations. Backed by an A.M. Best rating of A++ (Superior). Truckers has a 65-year partnership with Northland.
• Canal InsurancecoreChannel Partner/ Reseller/ DistributorCanal Insurance provides coverage for fleet and non-fleet trucking operations through the Truckers distribution network.
• IAT Insurance GroupcoreChannel Partner/ Reseller/ DistributorIAT Insurance Group provides coverage for fleet and non-fleet trucking. IAT is known for strong cargo theft prevention and loss control resources.
• Carolina CasualtycoreChannel Partner/ Reseller/ DistributorCarolina Casualty provides coverage for trucking operations with 50+ units. Part of the Canales group of companies.
• Berkley Prime TransportationcoreChannel Partner/ Reseller/ DistributorBerkley Prime Transportation, a W.R. Berkley Corporation member, provides coverage for 10+ units with an A.M. Best rating of A+ (Superior).
• Berkley Small Business SolutionscoreChannel Partner/ Reseller/ DistributorBerkley Small Business Solutions, a W.R. Berkley Corporation member, provides coverage for small trucking risks of 1 to 14 power units including auto liability, physical damage, general liability, and cargo.
• Crum & ForstercoreChannel Partner/ Reseller/ DistributorCrum & Forster provides non-fleet commercial auto coverage for 1-14 power units plus excess liability and umbrella coverage. A.M. Best rating of A (Excellent) with nearly 200-year history.
• The HartfordcoreChannel Partner/ Reseller/ DistributorThe Hartford provides motor truck cargo, livestock transit, and inland marine coverage for Truckers' agents.
• TravelerscoreChannel Partner/ Reseller/ DistributorTravelers provides cargo coverage for 11+ units and cyber liability coverage through the Truckers distribution network.
• Risk Administration Services (RAS)coreChannel Partner/ Reseller/ DistributorRAS provides workers' compensation programs for trucking and commercial businesses.
• Paragon Insurance HoldingscoreChannel Partner/ Reseller/ DistributorParagon Insurance Holdings provides workers' compensation programs for trucking, waste haulers, and public auto risks.
• Rokstone AgriculturecoreChannel Partner/ Reseller/ DistributorRokstone Agriculture specializes in agriculture-related coverages including for trucking operations in agricultural sectors.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Acuity Insurance: Acuity is a Midwestern-focused commercial property/casualty carrier with a strong commercial trucking practice distributed through independent agents. Comparable as a broad incumbent with truck-focused commercial insurance delivered through the same agent channel and a similar vertical specialization.
• Travelers: Travelers is a major national commercial carrier that writes commercial trucking, cargo, and cyber liability through agents; it is also a market partner via Truckers. Comparable as a broad incumbent with overlapping trucking insurance products distributed through independent agents.
• The Hartford: The Hartford's transportation practice provides motor truck cargo, livestock transit, and inland marine coverage to trucking operators via retail agents and is also a Truckers market partner. Comparable as a broad incumbent with overlapping specialty trucking products in the same channel.
• W.R. Berkley Corporation: Berkley parent company operates Berkley Prime Transportation, a major direct writer of trucking commercial auto (and also a market partner through Truckers' office). Overlaps heavily with Truckers' product and customer base but offers a wider portfolio across the Berkley group.
• Markel Insurance: Markel is a large specialty insurer with a dedicated transportation practice offering commercial trucking, motor truck cargo, and excess liability via retail agents. Comparable as a broad incumbent that competes in the same trucking commercial lines with overlapping products and the same agent distribution.

Emerging players

• Canal Insurance: Canal Insurance is a specialty trucking commercial auto insurer that writes directly through agents in selected states; it is also a market partner for Truckers. Overlaps in the same trucking commercial lines and same agent distribution but is narrower in scope and smaller in geographic reach than the broad incumbents.

Direct peers

• Amwins: Amwins is the largest US wholesale insurance broker/MGA, placing specialty risks through retail agents across multiple classes of business. As a direct competitor in the wholesale distribution model, Amwins represents the closest comparable go-to-market even though its portfolio is far broader than trucking.
• RPS (Risk Placement Services): RPS is one of the largest US specialty wholesalers operating as an MGA placing complex commercial risks through retail agents. Comparable business model: wholesale placement through agents with multiple carrier appointments and underwriting authority delegated by carriers.
• Burns & Wilcox: Burns & Wilcox is a major North American wholesale brokerage and MGA focused on specialty commercial risks including commercial auto. Similar go-to-market: independent-agents-only distribution with delegated underwriting and multiple carrier appointments.
• Great West Casualty Company: Great West is one of the largest US direct writers of trucking commercial auto insurance, serving fleets of every size through retail agents. Highly comparable because it competes in the exact same product niche (trucking commercial auto) and uses the same independent-agent channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

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• LinkedInlinkedin.com/company/truckersinsurance

Revenue estimate

Valuation estimate

Number of profiles

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 Truckers Insurance Associates