Wade S Dunbar Insurance Agency
Wade S. Dunbar Insurance Agency is a fourth-generation, family-owned independent insurance agency founded in 1890 in Laurinburg, NC, distributing personal, commercial, farm, benefits, and specialty (construction, energy, marine) insurance through five offices across the Carolinas and Virginia on behalf of 24+ carrier partners.
- Company typePrivate
- Founded1890
- HeadquartersLaurinburg, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Wade S Dunbar Insurance Agency does
Wade S. Dunbar Insurance Agency, Inc. is a fourth-generation, family-owned independent insurance agency founded in 1890 in Laurinburg, North Carolina. The agency distributes personal, commercial, farm, life, health, recreational vehicle, employee benefits, and financial services products on behalf of 24+ carrier partners including Allstate, Progressive, Liberty Mutual, Nationwide, Travelers, The Hartford, CNA, and BlueCross BlueShield of North Carolina. It generates revenue primarily through commissions paid by carriers on new and renewal policies, with no proprietary technology platform of its own and no disclosed institutional or private-equity backing.
The business operates from five offices spanning North Carolina (Laurinburg, Raleigh, New Bern) and Virginia (Midlothian/Richmond), serving clients regionally along the East Coast from New York to Florida. Its go-to-market combines in-person agent-led sales through these offices with online quote-request forms, a Refer-a-Friend program, and an active Facebook presence. The agency has cultivated differentiated expertise in three specialty verticals — construction industry (workers' compensation and surety bonds), energy (propane distributors, since the early 1970s), and a dedicated Marine Insurance Division serving East Coast businesses — alongside a horizontal product portfolio covering individuals, families, small-to-medium businesses, agribusiness operators, and recreational vehicle owners.
The operating model is a traditional independent agency: no public pricing tiers, no proprietary underwriting or technology platform, no mobile app of its own beyond the partner-led Thimble product, and no disclosed AI, ML, or data infrastructure. Governance and ownership remain entirely within the Dunbar family, led by President Stafford Dunbar, with senior leadership including Executive VPs Charles Skinner and Scott Trachtenberg (CIC) and SVP-Operations Richard Sexton (CPCU, ARM); the agency is incorporated in North Carolina and operates as a for-profit private corporation.
Wade S Dunbar Insurance Agency firmographics
Firmographics- Name
- Wade S Dunbar Insurance Agency
- Legal name
- Wade S. Dunbar Agency, Inc.
- Website
- https://wsdunbar.com
- Company type
- Private
- Founded year
- 1890
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Wade S. Dunbar Insurance Agency is a fourth-generation, family-owned independent insurance agency founded in 1890 in Laurinburg, NC, distributing personal, commercial, farm, benefits, and specialty (construction, energy, marine) insurance through five offices across the Carolinas and Virginia on behalf of 24+ carrier partners.
- Ownership category
- akta.pro rank
Wade S Dunbar Insurance Agency industry classification
Industry- Product category
- Independent Insurance Brokerage (Multi-Line)
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Retail (Personal Lines) Insurance Brokerage (FSAEADAA)
- akta.pro secondary industry
- Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)
Keywords
Where Wade S Dunbar Insurance Agency is headquartered
LocationHeadquarters
- HQ city
- Laurinburg
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Wade S Dunbar Insurance Agency business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Insurance Commission Revenue: As an independent insurance agency, Wade S. Dunbar Insurance Agency generates revenue primarily through commissions paid by insurance carriers for policies sold and renewed. Agents receive commission percentages on new policies and renewal commissions on ongoing coverage.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based pricing - no public tier structure |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Wade S Dunbar Insurance Agency product offering
Product offeringCore offering
Wade S. Dunbar Insurance Agency is an independent insurance brokerage that sells personal, commercial, farm, employee benefits, and financial products on behalf of multiple insurance carriers. The agency distributes policies from carriers such as Allstate, Liberty Mutual, Progressive, Travelers, CNA, The Hartford, BlueCross BlueShield of NC, Nationwide, and others through five regional offices and online quote request tools, earning revenue through carrier commissions on new and renewal business.
Product overview
Wade S. Dunbar Insurance Agency is a 4th generation family-owned independent insurance agency offering a comprehensive portfolio of insurance and financial products. The agency operates as a multi-product insurance brokerage providing commercial insurance products (Marine, BOP, Commercial Auto, General Liability, Property, Umbrella, Crime, Inland Marine, Professional Liability, Workers Compensation, and Bonds), employee benefits coverage (retirement plans, group health/disability, voluntary benefits), and personal insurance lines (Auto, Homeowners, Farm, Life, Health, and Recreational Vehicle insurance). The agency also offers financial services including annuities and retirement planning. The business model connects clients with multiple insurance carriers to provide competitive quotes across these product categories.
Differentiator
Problem solved
Functional benefit
Products and services
- Auto Insurance Personal auto insurance coverage offered to individual drivers and families, including Liability Coverage, Comprehensive Coverage, Collision Coverage, Uninsured & Underinsured Motorist Coverage, plus options like Diminishing Deductible, Accident Forgiveness, and Roadside Assistance.
- Homeowners Insurance Home insurance products covering Property Insurance, Homeowners Liability, Home Warranty, Renters Insurance, Condo Insurance, Mobile Home Insurance, Scheduled Property Insurance, Landlords Insurance, Earthquake Insurance, and In-Home Business Insurance for individual homeowners and landlords.
- Farm Insurance Agricultural insurance including Crop Insurance, Farm Owners Insurance, Farm Livestock Insurance, Equine Insurance, Farm Equipment Insurance, Farm Dwelling Insurance, Farm Structures Insurance, Farm Auto Insurance, Farm Umbrella Insurance, and Farm Liability Insurance for farm and ranch operations.
- Life Insurance Life insurance products including Individual Life Insurance, Group Life Insurance, Long-Term Care Insurance, Mortgage Protection Insurance, Disability Insurance, Second-To-Die Policy, and Key Person (Key Men) Insurance for individuals and businesses.
- Health Insurance Health insurance options including Individual & Family Health Insurance, Group Health Insurance, Dental Coverage, Vision Coverage, Temporary Health Insurance, Supplemental Insurance, Medical Expense Insurance, Child Health Insurance, Travel Health Insurance, Prescription Insurance, and HSAs.
- Recreational Vehicle Insurance Recreational vehicle coverage including Boat Insurance, Motorcycle Insurance, Motorhome Insurance, ATV Insurance, and Snowmobile Insurance for individual owners of recreational vehicles.
- Commercial Insurance Products Business insurance products including Marine Insurance, Business Owners Policy (BOP), Commercial Auto Insurance, Commercial General Liability, Commercial Property Insurance, Commercial Umbrella Insurance, Crime Insurance, Inland Marine Insurance, Professional Liability, Workers Compensation, and Bond products (Fidelity Bonds, Surety Bonds) for business and commercial clients.
- Employee Benefits Coverage Group insurance and employee benefit products including Small Business Retirement Plans, Employer-Sponsored Retirement, Group Benefits, Group Disability Insurance, Voluntary Benefits, Retiree Health Coverage, Group Health Insurance, Disability Insurance, and Individual Life Insurance for employer clients.
- Financial Services Financial planning and investment services including Financial Planning, 401K, Retirement Plans, Mutual Funds, Profit Sharing Plans, Traditional & Roth IRAs, and Annuities (Deferred & Immediate) for individual and business customers.
Companies that use Wade S Dunbar Insurance Agency
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles4 records
Wade S Dunbar Insurance Agency technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Wade S Dunbar Insurance Agency partnerships and signals
Strategic signalPartnerships
25 partnerships are on record, tiered core and supporting.
- AllstatecoreNational insurance carrier providing auto, home, and commercial insurance products. Wade S. Dunbar Agency sells Allstate policies and provides customer service, claims assistance, and policy management for Allstate customers.
- Auto Owners InsurancecoreRegional insurance carrier offering personal and commercial insurance products. Agency distributes Auto Owners policies to customers in their service territory.
- Berkley Mid-Atlantic GroupsupportingInsurance carrier specializing in commercial lines coverage. Agency offers Berkley products to commercial clients requiring specialized business coverage.
- BlueCross BlueShield of North CarolinacoreLeading health insurance provider in North Carolina. Agency sells BCBSNC health insurance plans including individual, family, and group health coverage options.
- CNA Insurance CompaniescoreLarge commercial insurance carrier offering business insurance products. CNA provides commercial property, general liability, and professional liability coverage sold through the agency.
- Donegal Insurance GroupsupportingRegional insurance carrier offering personal and commercial lines. Agency distributes Donegal insurance products to customers in their operating territory.
- EMC Insurance CompaniessupportingCommercial insurance carrier providing property and casualty coverage. Agency offers EMC products to commercial clients requiring business insurance.
- Foremost InsurancesupportingInsurance carrier specializing in specialty products including mobile home, landlord, and classic car coverage. Agency sells Foremost policies for specialty insurance needs.
- Frankenmuth InsurancesupportingInsurance carrier offering commercial and personal lines products. Agency distributes Frankenmuth insurance to customers seeking coverage options.
- Great American InsurancesupportingCommercial insurance carrier specializing in specialty lines and commercial coverage. Agency offers Great American products for commercial client needs.
- Guard Insurance GroupsupportingInsurance carrier providing workers compensation and business insurance products. Agency distributes Guard Insurance to commercial clients.
- GuideOnesupportingInsurance carrier serving churches, schools, and non-profits. Agency offers GuideOne products to faith-based and nonprofit organizations.
- The HartfordcoreMajor commercial insurance carrier offering business insurance, workers compensation, and employee benefits. The Hartford products are distributed through the agency to commercial clients.
- Harleysville InsurancesupportingRegional insurance carrier offering personal and commercial insurance. Agency distributes Harleysville products to customers in their service area.
- KempersupportingInsurance carrier offering personal and commercial insurance products. Agency sells Kemper insurance policies to customers seeking coverage.
- Liberty MutualcoreMajor national insurance carrier providing auto, home, and commercial insurance. Agency distributes Liberty Mutual products and provides service to policyholders.
- National General InsurancesupportingInsurance carrier offering personal lines products. Agency sells National General insurance policies for auto and other personal coverage needs.
- Nationwide (Allied)coreMajor national insurance carrier offering a wide range of personal and commercial insurance products. Agency distributes Nationwide/Allied insurance through their carrier relationships.
- Philadelphia Insurance CompaniessupportingCommercial insurance carrier specializing in property and casualty coverage for businesses. Agency offers Philadelphia Insurance products to commercial clients.
- ProgressivecoreMajor auto insurance carrier known for competitive rates and the Name Your Price tool. Agency sells Progressive auto insurance policies to customers.
- Rain and Hail InsurancesupportingAgricultural insurance carrier specializing in crop insurance. Agency offers Rain and Hail crop insurance to farmers and agricultural operations.
- SafecocorePersonal insurance carrier offering auto, home, and umbrella coverage. Safeco products are distributed through the agency to personal insurance customers.
- Travelers InsurancecoreMajor commercial insurance carrier offering business insurance, workers compensation, and bond products. Agency distributes Travelers Insurance to commercial clients.
- UPC InsurancesupportingInsurance carrier providing property and casualty products. Agency offers UPC Insurance coverage to customers seeking additional carrier options.
- Utica National Insurance GroupsupportingInsurance carrier offering commercial and professional liability products. Agency distributes Utica National Insurance to commercial clients requiring specialized coverage.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Wade S Dunbar Insurance Agency competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Wade S Dunbar Insurance Agency social profiles
Digital presenceWade S Dunbar Insurance Agency financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wade S Dunbar Insurance Agency leadership team
Management profileNumber of profiles
Profiles12 records
Wade S Dunbar Insurance Agency funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wade S Dunbar Insurance Agency M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wade S Dunbar Insurance Agency
What does Wade S Dunbar Insurance Agency do?
Wade S. Dunbar Insurance Agency is an independent insurance brokerage that sells personal, commercial, farm, employee benefits, and financial products on behalf of multiple insurance carriers. The agency distributes policies from carriers such as Allstate, Liberty Mutual, Progressive, Travelers, CNA, The Hartford, BlueCross BlueShield of NC, Nationwide, and others through five regional offices and online quote request tools, earning revenue through carrier commissions on new and renewal business.
Is Wade S Dunbar Insurance Agency a public or private company?
Wade S Dunbar Insurance Agency is a private company. It is classified as family owned and is currently operating.
When was Wade S Dunbar Insurance Agency founded?
Wade S Dunbar Insurance Agency was founded in 1890. It employs 51 to 100 people.
Where is Wade S Dunbar Insurance Agency based?
Wade S Dunbar Insurance Agency is headquartered in Laurinburg, United States, in the North America region.
How does Wade S Dunbar Insurance Agency make money?
One revenue line is on record: insurance Commission Revenue.
Does Wade S Dunbar Insurance Agency have an API?
No public API is recorded for Wade S Dunbar Insurance Agency.
What industry is Wade S Dunbar Insurance Agency in?
Wade S Dunbar Insurance Agency's product category is Independent Insurance Brokerage (Multi-Line). Its primary akta.pro industry code is FSAEADAA, Retail (Personal Lines) Insurance Brokerage, with a secondary code of FSAEADAD, Wholesale Insurance Brokerage (Excess & Surplus Lines). Its NAICS code is 52421 and its SIC code is 6411.