QEO Insurance

What QEO Insurance does

QEO Insurance Group operates as a managing general agency (MGA) specializing in commercial transportation insurance for U.S. businesses whose principal risks are transportation-centered. Founded in 2013 and headquartered in Dallas, Texas with a Florida regional office in Miami, the company underwrites and manages commercial auto coverage (liability, bodily injury, property damage, medical payments, physical damage, collision, comprehensive, uninsured/underinsured motorist) along with general liability and motor truck cargo coverage. The product portfolio is supported by four operational service lines — underwriting, loss control, claims management, and administrative services — with company-employed loss control inspectors performing onsite risk assessments and a 24/7 claims reporting hotline backed by an immediate catastrophic response team.

The company distributes exclusively through independent insurance agents and operates a formal Partnered Agent program that requires licensing verification, $1,000,000 minimum E&O aggregate limits, financial and background investigations, and onsite agency visits. A mobile QEO Claims App on iOS and Android (available in English and Spanish) allows policyholders to enter claim information and submit accident-scene photos. Customer segmentation is vertical-led, with three primary segments — energy/oil & gas field services, local delivery, and construction — each spanning use cases from single-vehicle small businesses to large commercial fleets with local and intermediate operating radii.

Revenue is generated through premium-based commissions and fees under a subscription-style annual billing cadence, with underwriting prices quoted on a risk-by-risk basis rather than publicly disclosed. The business model is growth-oriented: Inc. Magazine ranked QEO #54 on its 38th annual list of America's fastest-growing private companies (up from #77 the prior year) and #1 among privately-owned insurance companies. Leadership is led by CEO David Disiere, with Scott Dewolf as COO, Lucky Lockett as CAO, and Sean Merrill as CFO. The company is privately held with no disclosed institutional ownership, funding rounds, acquisitions, or subsidiaries.

Name

QEO Insurance

Legal name

QEO Insurance Group

Website

https://qeo.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

QEO Insurance Group is a managing general agency underwriting commercial transportation insurance for energy, delivery, and construction businesses. It distributes products exclusively through independent agents and offers integrated underwriting, loss control, and claims management services.

Ownership category

akta.pro rank

Product category

Commercial Transportation Insurance

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242), Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

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

akta.pro primary industry

Commercial Auto & Fleet Insurance (FSAJAMAB)

akta.pro secondary industry

Commercial Auto & Fleet Liability Insurance (Primary) (TLABANAA)

Keywords

• Commercial auto insurance
• Motor truck cargo
• Transportation insurance
• Managing general agency
• Loss control services

Headquarters

HQ city

Texas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commercial Auto Insurance Premiums: QEO underwrites and manages commercial auto and transportation risks, collecting insurance premiums from policyholders. Coverage types include liability insurance, physical damage insurance, and specialized coverages for commercial transportation risks.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

QEO Insurance Group operates as a managing general agency that underwrites and services commercial transportation insurance, including commercial automobile, general liability, and motor truck cargo coverage. The firm complements its underwriting with loss control inspection services, claims management, and policy administration, distributing products exclusively through independent insurance agents serving energy, delivery, and construction commercial accounts.

Product overview

QEO Insurance Group operates as a managing general agency specializing in commercial transportation insurance. The company's product portfolio centers on three core insurance products—Commercial Auto Coverage, General Liability & Motor Truck Cargo—supported by a suite of operational services including Underwriting Services, Loss Control Services, Claims Management, and Administrative Services. QEO also offers a mobile QEO Claims App for customers to file claims and upload accident photos. The company distributes its commercial automobile insurance products through independent agents and provides turnkey operations designed for companies whose principal risks are transportation-centered, primarily serving the energy, local delivery, and construction industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Automobile Coverage

Quantifiable outcome

• QEO was ranked the #1 fastest growing privately-owned insurance company in the U.S. by Inc. Magazine
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Berks Hathaway GUARD Insurance: GUARD writes commercial auto, commercial truck, and related liability insurance for small-to-mid fleet operators via independent agents. Overlaps QEO's core commercial auto product and agent-led distribution model.
• Hudson Insurance Group: Hudson writes specialty commercial transportation risks including trucking liability and excess transportation coverage through wholesale brokers. Comparable product/customer segment with independent broker distribution overlap.
• National Western Financial: National Western writes commercial auto and motorcycle/dealer coverage via independent agents in multiple U.S. states. Similar agent-channel MGA economics to QEO with adjacent commercial transportation risk appetite.
• Acuity Insurance: Acuity is a regional carrier writing commercial auto, general liability, and inland marine coverage distributed through independent agents. Comparable commercial auto / agent distribution fit with QEO, though broader in product mix.
• Great West Casualty Company: Great West Casualty is a leading truck insurance specialist providing commercial auto and related liability coverage to trucking fleets across the U.S. It directly competes with QEO in the commercial transportation underwriting segment with comparable geographic and customer scope.
• Sentry Insurance: Sentry Insurance is a mutual insurer with a dedicated commercial transportation and trucking practice. It offers auto liability, physical damage, and motor truck cargo to fleets — directly comparable to QEO's product portfolio.
• Northland Insurance (Travelers): Northland, a Travelers subsidiary, is one of the largest commercial trucking insurers in the U.S., offering commercial auto, motor truck cargo, and physical damage coverage. It competes head-to-head with QEO for transportation accounts distributed through independent agents.
• Canal Insurance Company: Canal Insurance specializes in commercial trucking and transportation coverage, including liability, physical damage, and motor truck cargo, marketed through independent agents. Highly comparable niche focus and distribution strategy to QEO.

Broad incumbents

• Progressive Commercial: Progressive's commercial lines division is the largest U.S. commercial auto writer, including for-hire trucking, business auto, and fleet coverage. Represents the dominant incumbent that all commercial transportation MGAs, including QEO, compete against on price and data scale.
• Liberty Mutual Commercial: Liberty Mutual's commercial lines division writes commercial auto, general liability, and inland marine for mid-market and large fleets through independent agents and direct channels. A large incumbent that competes with QEO in energy, construction, and delivery verticals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 QEO Insurance