Brownstone Insurance
- Company typePrivate
- Founded1982
- HeadquartersNorwell, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Brownstone Insurance firmographics
Firmographics- Name
- Brownstone Insurance
- Legal name
- Brownstone Insurance
- Website
- https://brownstoneinsurance.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Brownstone Insurance industry classification
Industry- Product category
- Commercial Property Insurance
- 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)
- akta.pro primary industry
- Habitational / Residential Property Managers BOP (FSAJAFAN)
- akta.pro secondary industries
- Homeowners Insurance (FSAJACAA), Renters Insurance (FSAJACAB), Landlord / Dwelling Fire (DP) Insurance (FSAJACAD)
Keywords
Where Brownstone Insurance is headquartered
LocationHeadquarters
- HQ city
- Norwell
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Brownstone Insurance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Insurance Brokerage/Agency Commissions: Brownstone Insurance operates as an insurance agency/broker earning commissions from insurance carriers for policies placed. They offer master policy insurance for multi-unit buildings as well as personal insurance products including homeowner's, condo unit owner's, and renter's policies through partner carriers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based pricing for insurance coverage |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Brownstone Insurance product offering
Product offeringCore offering
Brownstone Insurance is an independent insurance agency that places master policy insurance for multi-unit buildings such as condominiums, cooperatives, and apartment buildings. The master policy bundles property, general liability, directors and officers (D&O), crime, and equipment breakdown coverages into a single "all-in" package. The agency complements this core offering with personal lines products — renter's, condo owner's, and homeowner's insurance — sold primarily to unit owners within the buildings it insures.
Product overview
Brownstone Insurance operates as a specialized insurance provider offering two core product lines: (1) Master Policy Insurance — an 'all-in' coverage product for multi-unit buildings (condos and apartments) that insures the building structure, common areas, liability, and includes Director's and Officer's coverage; and (2) Personal Lines Insurance — individual policies including renter's insurance, condo unit owner's insurance, and homeowner's policies that complement the master policy by covering personal property and belongings. The company also offers claims handling services and provides multiple carrier options (Hanover Insurance, Chubb Insurance, Safety Insurance, PURE Insurance, MPIUA, Travelers Flood) for home and auto coverage.
Differentiator
Problem solved
Functional benefit
Products and services
- Master Policy Insurance for Multi-Unit Buildings An "all-in" master insurance policy for condominiums, cooperatives, and apartment buildings that bundles building property, general liability, directors and officers (D&O), crime, and equipment breakdown coverages into a single tailored policy. It is sold to condo associations, cooperative boards, and apartment building owners/managers in Massachusetts and the broader New England market.
- Personal Lines Insurance (Renter's, Condo Owner's, and Homeowner's) Personal insurance products — renter's, condo owner's, and homeowner's insurance — sold primarily to individual unit owners and renters within the multi-unit buildings Brownstone insures at the master policy level. Designed to complement the building's master coverage for the individual unit interior and contents.
Companies that use Brownstone Insurance
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles2 records
Brownstone Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Brownstone Insurance partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Hanover InsurancecorePartner insurance carrier providing home and auto insurance products to Brownstone customers. Hanover Insurance handles claims 24/7 and offers online claims reporting. Brownstone offers direct billing options for Hanover customers.
- Chubb InsurancecorePartner insurance carrier providing insurance coverage to Brownstone customers. Chubb handles claims 24/7 and provides online claims reporting. Part of Brown's personal lines carrier network.
- Safety InsurancecoreRegional insurance carrier partner offering home and auto coverage. Safety Insurance provides 24/7 claims support and online claims services. Based in Boston, MA.
- Travelers FloodminorFlood insurance carrier partner offering flood coverage as part of comprehensive property insurance. Travelers handles flood claims 24/7.
- MPIUA (Massachusetts Property Insurance Association)minorState-associated insurance carrier providing coverage options for Massachusetts properties. MPIUA offers 24/7 claims support and online payment services.
- PURE InsuranceminorPremium insurance carrier partner offering coverage to eligible Brownstone customers. PURE (Professional Underwriters Agency) provides specialty coverage with direct billing options.
Scale indicators1 record
Recent moves5 records
Brownstone Insurance competitors and assessment
Company assessmentPeers
Regional players
- Cross Insurance: Regional insurance brokerage headquartered in New England serving personal, commercial, and specialty lines including property insurance for real estate clients. Comparable as a regional independent agency model operating in the same geographic territory as Brownstone, with broader multi-line capabilities but overlapping condo/property practice.
Broad incumbents
- USI Insurance Services: Large US insurance brokerage serving middle-market and commercial clients across all 50 states with property & casualty, employee benefits, and specialty practices. Comparable as a broker competing for the same condo association and apartment building master policy accounts, but at significantly greater scale and with broader product breadth.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Brownstone Insurance social profiles
Digital presenceBrownstone Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Brownstone Insurance leadership team
Management profileNumber of profiles
Profiles1 record
Brownstone Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Brownstone Insurance 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 Brownstone Insurance
What does Brownstone Insurance do?
Brownstone Insurance is an independent insurance agency that places master policy insurance for multi-unit buildings such as condominiums, cooperatives, and apartment buildings. The master policy bundles property, general liability, directors and officers (D&O), crime, and equipment breakdown coverages into a single "all-in" package. The agency complements this core offering with personal lines products — renter's, condo owner's, and homeowner's insurance — sold primarily to unit owners within the buildings it insures.
Is Brownstone Insurance a public or private company?
Brownstone Insurance is a private company. It is classified as unknown and is currently operating.
When was Brownstone Insurance founded?
Brownstone Insurance was founded in 1982. It employs 11 to 50 people.
Where is Brownstone Insurance based?
Brownstone Insurance is headquartered in Norwell, United States, in the North America region.
How does Brownstone Insurance make money?
One revenue line is on record: insurance Brokerage/Agency Commissions.
Who are Brownstone Insurance's main competitors?
The Hartford is listed as a peer. Cross Insurance is listed as a regional player. USI Insurance Services is listed as a broad incumbent.
Does Brownstone Insurance have an API?
No public API is recorded for Brownstone Insurance.
What industry is Brownstone Insurance in?
Brownstone Insurance's product category is Commercial Property Insurance. Its primary akta.pro industry code is FSAJAFAN, Habitational / Residential Property Managers BOP, with a secondary code of FSAJACAA, Homeowners Insurance. Its NAICS code is 524210 and its SIC code is 6411.