Fairmont Insurance Brokers
Fairmont Insurance Brokers is a privately held, full-service insurance brokerage founded in 1984 in Brooklyn, NY. It places personal and commercial insurance policies through direct carrier relationships, operating six offices across New York, New Jersey, Connecticut, and Michigan on a commission-based model.
- Company typePrivate
- Founded1984
- HeadquartersBrooklyn, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Fairmont Insurance Brokers does
Fairmont Insurance Brokers is a privately held, full-service insurance brokerage founded in 1984 and headquartered in Brooklyn, New York. The firm operates as a direct insurance agency, placing both commercial and personal lines policies on behalf of clients through direct relationships with a broad base of top-tier insurance carriers. Its stated differentiators are carrier breadth, tailored policy matching, proactive renewal reviews, after-hours client responsiveness, and a dedicated claims assistance department.
The company runs a traditional, labor-intensive brokerage model with no proprietary technology platform disclosed. Core offerings are personal insurance quotes (home and personal property) and commercial insurance quotes offered nationwide, supported by a dedicated claims department and basic digital channels including a WordPress-based website, email, phone, and opt-in SMS communications. Distribution is built around six physical office locations across New York (Brooklyn, Cedarhurst), New Jersey (two Lakewood offices), Connecticut (New Canaan), and Michigan (Southfield), with a website quote-request funnel backed by a 24-hour representative follow-up commitment.
Revenue is generated through carrier commissions on placed policies (transaction-fee model) for both commercial and personal segments, with horizontal segmentation across both. Pricing is quote-based and varies by client risk, coverage scope, and carrier underwriting criteria. The firm employs 51-100 staff, is independently owned with no disclosed parent company, institutional investors, or acquisition history, and shows no M&A, funding, or leadership-change activity in the source material.
Fairmont Insurance Brokers firmographics
Firmographics- Name
- Fairmont Insurance Brokers
- Legal name
- Fairmont Insurance
- Website
- https://fairmontins.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Fairmont Insurance Brokers is a privately held, full-service insurance brokerage founded in 1984 in Brooklyn, NY. It places personal and commercial insurance policies through direct carrier relationships, operating six offices across New York, New Jersey, Connecticut, and Michigan on a commission-based model.
- Ownership category
- akta.pro rank
Fairmont Insurance Brokers industry classification
Industry- Product category
- Insurance Brokerage
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
- akta.pro secondary industry
- Retail (Personal Lines) Insurance Brokerage (FSAEADAA)
Keywords
Where Fairmont Insurance Brokers is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Fairmont Insurance Brokers business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Insurance Commission Revenue: As a direct insurance agency/broker, Fairmont Insurance earns commissions from insurance carriers for placing policies with clients. They work directly with multiple top-tier insurance companies and earn revenue based on the policies placed for commercial and personal insurance customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based insurance pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Fairmont Insurance Brokers product offering
Product offeringCore offering
Fairmont Insurance Brokers is a full-service insurance brokerage that places personal and commercial insurance policies on behalf of clients through direct relationships with multiple top-tier insurance carriers. The firm assesses client coverage needs, presents tailored policy options from multiple carriers at competitive pricing, and supports clients through policy renewals and the claims process via a dedicated claims department.
Product overview
Fairmont Insurance is a direct insurance brokerage that offers both personal and commercial insurance products. The company operates as a unified service offering, connecting clients with tailored coverage options from a broad base of leading insurance carriers. Their core services include Personal Insurance Quotes, Commercial Insurance Quotes (nationwide), and dedicated Claims Assistance with a specialized department. Additional communication services include SMS-based appointment scheduling and notifications. The company distinguishes itself through direct carrier relationships that enable competitive pricing and policy selection focused on client interests.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Insurance Quote
Companies that use Fairmont Insurance Brokers
Customer profileSegments2 records
Ideal customer profiles2 records
Fairmont Insurance Brokers technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Fairmont Insurance Brokers partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
Fairmont Insurance Brokers competitors and assessment
Company assessmentBroad incumbents
- Hub International: Large North American insurance brokerage with extensive multi-state presence and broad personal/commercial lines — directly comparable business model to Fairmont but at materially greater scale and backed by private-equity capital.
- USI Insurance Services: Middle-market and commercial insurance brokerage with regional office networks across the US, including the Northeast. Same multi-line brokerage model as Fairmont, but with national scale and a broader specialty practice footprint.
- Brown & Brown: Publicly traded insurance brokerage with a decentralized regional office model very similar to Fairmont's structure — multiple local offices, personal and commercial lines, relationship-driven producers. Significantly larger by revenue and headcount.
- Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with substantial US retail brokerage operations. Competes with Fairmont for the same mid-market and personal-lines clients, particularly in the Northeast.
- NFP (an Aon company): Middle-market insurance broker and benefits consultant with strong Northeast presence, recently acquired by Aon. Overlaps directly with Fairmont's commercial-lines value proposition and regional office model.
Emerging players
- Acrisure: Tech-enabled, rapidly consolidating insurance brokerage built on a rollup of regional agencies — same business model as Fairmont but with proprietary technology, large private-equity backing, and aggressive acquisition velocity.
- World Insurance Associates: PE-backed, tech-enabled insurance brokerage pursuing an aggressive regional rollup strategy. Directly comparable multi-line brokerage model with Northeast presence and an explicit acquisition focus on agencies similar to Fairmont.
Direct peers
- Conner Strong & Buckelew: Mid-Atlantic/Northeast-based insurance brokerage and risk management firm. Closest geographic and scale comparable to Fairmont — multi-state, relationship-driven, commercial and personal lines, similar headcount band.
- Insurance Office of America: Privately held, multi-state insurance brokerage offering commercial and personal lines through direct carrier relationships. Operates on essentially the same model as Fairmont at a slightly larger scale.
- The Hilb Group: Middle-market insurance brokerage with strong East Coast presence, built largely through acquisitions of regional agencies. Operates with the same personal/commercial mix and relationship-led model as Fairmont.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
Fairmont Insurance Brokers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fairmont Insurance Brokers leadership team
Management profileNumber of profiles
Fairmont Insurance Brokers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fairmont Insurance Brokers 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 Fairmont Insurance Brokers
What does Fairmont Insurance Brokers do?
Fairmont Insurance Brokers is a full-service insurance brokerage that places personal and commercial insurance policies on behalf of clients through direct relationships with multiple top-tier insurance carriers. The firm assesses client coverage needs, presents tailored policy options from multiple carriers at competitive pricing, and supports clients through policy renewals and the claims process via a dedicated claims department.
Is Fairmont Insurance Brokers a public or private company?
Fairmont Insurance Brokers is a private company. It is classified as unknown and is currently operating.
When was Fairmont Insurance Brokers founded?
Fairmont Insurance Brokers was founded in 1984. It employs 51 to 100 people.
Where is Fairmont Insurance Brokers based?
Fairmont Insurance Brokers is headquartered in Brooklyn, United States, in the North America region.
How does Fairmont Insurance Brokers make money?
One revenue line is on record: insurance Commission Revenue.
Who are Fairmont Insurance Brokers's main competitors?
Broad incumbents on record are Hub International, USI Insurance Services, Brown & Brown, Arthur J. Gallagher & Co. and NFP (an Aon company). Emerging players are Acrisure and World Insurance Associates. Direct peers are Conner Strong & Buckelew, Insurance Office of America and The Hilb Group.
Does Fairmont Insurance Brokers have an API?
No public API is recorded for Fairmont Insurance Brokers.
What industry is Fairmont Insurance Brokers in?
Fairmont Insurance Brokers's product category is Insurance Brokerage. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines), with a secondary code of FSAEADAA, Retail (Personal Lines) Insurance Brokerage. Its NAICS code is 5242 and its SIC code is 6411.