Brazos Specialty Risk

What Brazos Specialty Risk does

Brazos Specialty Risk, Inc. (dba BSR Insurance / BSRI) is a wholesale commercial insurance broker founded in 2007 and headquartered in Southlake, Texas. The company serves independent insurance agents and agencies across all 50 states, acting as an intermediary that places commercial coverage with a network of A-rated or better, category size VII and higher carriers. BSRI distributes exclusively through an appointed-agent channel, with agents completing an appointment process before accessing BSRI's markets and binding authority.

The company's product portfolio spans six core lines: Contractors (general and artisan contractors, builder's risk, tools), Package (2,500+ classifications including hospitality, restaurants, manufacturing, dwellings, and warehouses with 24-hour binding turnaround), General Liability (including E&O, pollution, OCP, special event), Garage Keepers (dealer and non-dealer classes), Property (proprietary programs with up to $250M TIV, wind/hail, earthquake, inland marine), and Other Lines (Commercial Auto, Ocean Marine, Workers Comp, Life Sciences, Med Mal, Oil & Gas) for admitted and non-admitted hard-to-place risks. Technology infrastructure is light: the firm offers an online quote-and-bind portal through carrier partner Century Surety and a public-facing website, but has no proprietary platform, no app, and no public API. The only AI-adjacent capability comes via a February 2025 partnership with Driver Technologies, an AI-powered dash cam provider, for commercial fleet safety offerings.

BSRI generates revenue through wholesale brokerage commissions earned from carrier partners on placed premium. The firm operates with a very small team (1–10 employees) under co-founder Steven Rose and president/coo Stephen Su, with no disclosed institutional investment, M&A activity, or external funding. The business model is relationship-driven, with growth dependent on agent appointments and carrier capacity rather than technology or scale advantages.

Name

Brazos Specialty Risk

Legal name

Brazos Specialty Risk, Inc.

Website

https://brazosrisk.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

BSRI is a wholesale commercial insurance broker serving appointed independent insurance agents across all 50 states, placing six product lines — Contractors, Package, General Liability, Garage Keepers, Property (up to $250M TIV), and specialty risks — through A-rated carrier partners.

Ownership category

akta.pro rank

Product category

Wholesale Commercial Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), 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

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

akta.pro secondary industries

Commercial General Liability (CGL) (FSAJADAA), Commercial Excess Liability (Large Accounts) (FSAJANAG), Light Manufacturing / Small Industrial Package (FSAJAFAJ), Product Liability Umbrella / Excess (FSAJANAI)

Keywords

• Wholesale insurance brokerage
• Commercial insurance products
• Independent agent appointments
• Hard-to-place risks
• Specialty commercial coverage

Headquarters

HQ city

Southlake

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage/Wholesale Commissions: BSRI operates as a wholesale insurance broker earning commissions from insurance carriers when placing commercial coverage on behalf of retail insurance agents and agencies. Revenue is generated through commissions based on premium volume placed with carrier partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Brazos Specialty Risk (BSRI) is a wholesale insurance broker that places commercial insurance coverage on behalf of independent retail insurance agents and agencies across all fifty U.S. states. The firm provides a single-stop portfolio of commercial products—Contractors, Package, General Liability, Garage Keepers, Property, and Other Lines—earning commissions from carrier partners when policies are bound. It specializes in hard-to-place and non-admitted risks, with 24-hour quote turnaround within binding authority and access to A-rated, category VII+ carriers.

Product overview

Brazos Specialty Risk (BSRI) is a full-service commercial insurance broker serving all fifty states, providing agencies with immediate access to a broad portfolio of commercial insurance products. The company operates as a single-stop solution for placing commercial risk, offering six core product lines: Contractors coverage, Package policies, General Liability, Garage Keepers, Property insurance (with up to $250M TIV capacity), and Other Lines including Commercial Auto, Ocean Marine, Workers Compensation, Life Sciences, Med Mal, and Oil & Gas. BSRI works with a carrier network of internationally recognized brands, mostly category size VII and higher, A-rated or better.

Differentiator

Problem solved

Functional benefit

Products and services

• Contractors Insurance Commercial insurance coverage for General Contractors and Artisan Contractors, accommodating insured and uninsured subcontractors, project-specific wraps, completed operations, builder's risk, and contractors tools across most U.S. states. Placed for retail agents via wholesale brokerage channels.
• Package Business Insurance Bundled package business insurance quotes with 24-hour binding timeframes covering over 2,500 classifications, including General Mercantile for LRO, Hospitality, Restaurants, Manufacturing, Dwellings, Apartments/Condos, HOA, Vacant Land/Buildings, and Warehouses. Designed for agents needing quick issuance for standard commercial risks.
• General Liability Broad general liability coverage including premises, Excess & Umbrella, Professional E&O, Liquor Liability, Pollution Liability, Owners Contractors Protective (OCP), Sports & Entertainment, and Special Event coverage. Placed for retail agents via BSRI's carrier network.
• Garage Keepers Insurance Specialty coverage for garage operations, care/custody/control, and lot coverage for used car dealers, including dealer and non-dealer classes, garage keepers liability, dealers open lot coverage, garage package, car wash, mobile mechanics, and motorcycle/ATV sales.
• Property Insurance Proprietary property programs offering up to $250 million in Total Insured Value (TIV) for large schedules, plus Wind & Hail coverage in Tier 1 areas, Wind & Hail deductible buy-downs, Earthquake, Inland Marine, Contractors Tools, Builders Risk, and Motor Truck Cargo.
• Other Lines (Hard-to-Place Risks) Admitted and non-admitted market coverage for hard-to-place commercial risks, including Commercial Auto, Ocean Marine, Workers Compensation, Life Sciences, Med Mal, and Oil & Gas.

Quantifiable outcome

• 24-hour quote turnaround for risks within binding authority
• +2 more outcomes

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• Driver TechnologiesminorStrategic or Co-development Partner · 1 February 2025Driver Technologies, an AI-powered mobility safety company based in New York, secured a February 2025 partnership with Brazos Specialty Risk for commercial fleet services. Driver Technologies offers a smartphone-based dash cam application with AI-powered safety features including forward collision detection, drowsiness warnings, and real-time coaching. The partnership enables BSRI to offer integrated fleet safety technology solutions alongside their commercial fleet insurance products.
• Century SuretycoreChannel Partner/ Reseller/ DistributorCentury Surety is a carrier partner providing online quote and binding portal access for BSRI agents. The online quote system at col2.centurysurety.com enables appointed agents to quote and bind coverage.
• Insurance Carrier NetworkcoreChannel Partner/ Reseller/ DistributorBSRI's carrier network includes internationally recognized brands, most of which are category size VII and higher, A-rated or better. The network provides capacity across all commercial lines including Property, Casualty, Commercial Auto, Workers Compensation, and specialty lines.

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Amwins: The largest independent wholesale distributor of specialty insurance in the U.S., placing hard-to-place commercial P&C risks through retail agents nationwide, directly analogous to BSRI's wholesale model at vastly greater scale.
• CRC Group: A leading wholesale specialty insurance broker distributing property, casualty, and professional lines through retail agents, mirroring BSRI's channel-centric wholesale brokerage business.
• Ryan Specialty: A major specialty insurance holding company providing wholesale brokerage and MGU/binding-authority solutions across commercial lines, comparable to BSRI's E&S placement and delegated-authority focus.
• Burns & Wilcox: A large independent wholesale broker and underwriting manager for commercial property, casualty, and specialty risks, serving retail agents in the same wholesale role BSRI plays.
• Jencap Group: A national wholesale insurance broker and MGA specializing in E&S and hard-to-place commercial risks placed via retail agents, closely aligned with BSRI's product and distribution approach.
• One80 Intermediaries: A specialty wholesale broker and program administrator offering property, casualty, and niche commercial coverages through agents, comparable to BSRI's multi-line wholesale and program model.
• Risk Placement Services (RPS): A national wholesale brokerage, MGA, and binding-authority operation placing commercial P&C and specialty risks for retail agents, directly overlapping BSRI's wholesale binding-authority business.
• Specialty Program Group (SPG): A holding company of specialty underwriting facilities and wholesale brokers focused on niche commercial programs, comparable to BSRI's proprietary programs and specialty appetite.
• Worldwide Facilities (part of Amwins): A national wholesale insurance broker, MGA, and program underwriter for specialty commercial risks, sharing BSRI's wholesale distribution and hard-to-place focus.

Emerging players

• Prime Insurance Company / Prime Holdings: A specialty E&S provider focused on unique and hard-to-place commercial risks distributed through agents, overlapping BSRI's niche of covering risks standard markets avoid.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bsrinsurance

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 Brazos Specialty Risk