TAPCO Underwriters, Inc.

What TAPCO Underwriters, Inc. does

TAPCO Underwriters, Inc. operates the wholesale insurance brokerage business known as CRC Tapco, headquartered in Burlington, United States, with 251-500 employees. The company is a division of and operates under the licenses of CRC Insurance Services, LLC (CRC Group). It is a wholesale broker with binding authority that serves licensed insurance agents and brokers across the United States, offering access to over 1,000 classes of business through relationships with 20+ A-rated insurance carriers. Agents can obtain quotes and bind coverage either by calling the inside sales team (calls answered within 30 seconds, quotes provided within 5 minutes) or by self-serving through the online quoting portal at quoting.crctapco.com.

The product portfolio spans personal lines (Builders Risk, Dwelling Fire, Flood, Homeowners, Personal Liability, Wind Deductible Buy Back, Vacant) and commercial lines (Builders Risk, Commercial General Liability, Commercial Property, Flood, Wind Deductible Buy Back, Vacant, Liquor Liability). Supporting broker services include an online payment portal, premium finance options, direct bill renewals, forms and applications, and a claims procedure portal. The technology stack is a conventional brokerage workflow rather than an AI- or ML-driven platform: a quoting portal, phone-based inside sales, and back-office policy servicing.

Revenue is generated through wholesale brokerage commissions paid by carrier partners on placed premium, operating on a transaction-fee model. Pricing is quote-based and not publicly disclosed; agents receive instant electronic quotes and binders. The company does not sell directly to consumers, distributing exclusively through its agent/broker channel with nationwide U.S. reach. The company is privately held and does not disclose financial results.

Name

TAPCO Underwriters, Inc.

Legal name

CRC Insurance Services, LLC

Website

https://gotapco.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

251–500 employees

Short description

TAPCO Underwriters, Inc. (dba CRC Tapco) is a U.S. wholesale insurance broker with binding authority, serving licensed insurance agents and brokers nationwide by providing rapid quotes, binding, and policy servicing across 1,000+ personal and commercial line classes via 20+ A-rated carrier partners.

Ownership category

akta.pro rank

Product category

Wholesale Insurance Brokerage

NAICS

Telemarketing Bureaus and Other Contact Centers (561422)

SIC

Finance Services (6199)

akta.pro primary industry

Channel/Partner Sales Support (Reseller Enablement, Deal Reg) (BPAAADAH)

Keywords

• Wholesale insurance brokerage
• Binding authority
• Commercial property insurance
• Personal lines coverage
• Insurance broker services

Headquarters

HQ city

Burlington

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Wholesale Brokerage Commissions: CRC Tapco operates as a wholesale broker earning commissions from insurance carriers. Insurance agents submit risks to CRC Tapco who quotes, binds, and places the business with carrier partners. Revenue is generated through commissions paid by the carrier partners based on placed premium.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

TAPCO Underwriters, Inc. (operating as CRC Tapco) is a wholesale insurance broker with binding authority that provides licensed insurance agents and brokers with rapid quotes, policy binding, endorsements, and premium finance options across personal and commercial lines. The firm places business with a network of more than 20 A-rated carrier partners covering 1,000+ classes of business, and supports its brokerage services through an online quoting platform (quoting.crctapco.com) plus phone-based inside sales that deliver quotes within five minutes and bind coverage instantly.

Product overview

CRC Tapco is a wholesale insurance broker with binding authority offering a portfolio of personal and commercial insurance products. The company operates a digital quoting platform (quoting.crctapco.com) alongside traditional broker services. Personal Lines products include Builders Risk, Dwelling Fire, Flood, Homeowners, Personal Liability, Wind Deductible Buy Back, and Vacant coverage. Commercial Lines products include Builders Risk, Commercial General Liability, Commercial Property, Flood, Wind Deductible Buy Back, Vacant, and Liquor Liability coverage. Supporting services include an online quoting portal for instant electronic quotes and binders, online payment processing, premium financing options, and direct bill renewals. The company provides access to over 1,000 classes of business through a network of 20+ A-rated carrier partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Builders Risk Insurance - Personal Lines Insurance coverage for residential properties under construction or renovation, protecting against damage to the building and materials during the building phase. Offered to licensed insurance agents/brokers for placement with their personal-lines clients.
• Dwelling Fire Insurance Property insurance coverage for residential dwellings, typically used for landlord or rental property protection against fire and allied perils.
• Residential Flood Insurance Flood insurance coverage for residential properties, protecting against damage from flooding events as defined by standard flood policies.
• Homeowners Insurance Standard homeowners insurance coverage providing protection for residential dwellings, personal property, and liability exposure for policyholders.
• Personal Liability Insurance Liability coverage protecting individuals against claims for bodily injury or property damage caused to third parties.
• Wind Deductible Buy Back - Personal Coverage option that reduces or eliminates the wind/hail deductible requirement for residential policyholders in high-wind exposure areas.
• Vacant Residential Property Insurance Insurance coverage for residential properties that are unoccupied, providing protection against vandalism, weather damage, and liability during vacancy periods.
• Builders Risk Insurance - Commercial Lines Insurance coverage for commercial construction projects, protecting buildings under construction and materials from covered perils.
• Commercial General Liability Insurance General liability insurance for commercial businesses, protecting against third-party claims for bodily injury, property damage, and advertising injury.
• Commercial Property Insurance Property insurance coverage for commercial buildings and their contents, protecting against fire, theft, weather damage, and other covered perils.
• Commercial Flood Insurance Flood insurance coverage for commercial properties, protecting business operations against flood-related losses.
• Wind Deductible Buy Back - Commercial Coverage option reducing or eliminating wind/hail deductibles for commercial property policies in high-wind exposure areas.
• Vacant Commercial Property Insurance Insurance coverage for vacant commercial properties, providing protection against vandalism, weather damage, and liability during vacancy.
• Liquor Liability Insurance Liability insurance for establishments that sell, serve, or furnish alcoholic beverages, protecting against claims arising from alcohol-related incidents.
• Online Quoting Platform Digital platform enabling licensed insurance agents to obtain instant electronic quotes and binders across all personal and commercial product lines, with five-minute quote turnaround during phone calls.
• Online Payment Portal Secure online payment system allowing brokers to make fast, secure payments for policies and endorsements.
• Premium Finance Options Financing options enabling brokers to offer premium payment plans to their clients.
• Direct Bill Renewals Direct billing service for policy renewals, streamlining the premium collection process for brokers.

Quantifiable outcome

• Calls answered within 30 seconds
• +2 more outcomes

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• CRC Insurance ServicescoreChannel Partner/ Reseller/ DistributorCRC Tapco is a division of and operates under the licenses of CRC Insurance Services, LLC. The company is backed by CRC Insurance Services, giving it the infrastructure and carrier relationships to provide wholesale brokerage services to insurance agents.
• 20+ A-rated CarrierscoreChannel Partner/ Reseller/ DistributorCRC Tapco partners with over 20 A-rated insurance carriers to provide capacity for placed business across 1,000+ classes of business in both personal and commercial lines.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Bridge Specialty Group: US wholesale broker and MGA with binding authority across personal and commercial specialty lines. Directly comparable in business model and product mix, particularly in property and small commercial risks.
• Hull & Company: National wholesale insurance broker providing binding authority and brokerage services to retail agents across personal and commercial lines. Comparable in scale, distribution model, and reliance on carrier panel relationships.
• Amwins: Largest US specialty wholesaler with binding authority across a broad range of personal and commercial lines. Comparable in distribution model (wholesale broker serving retail agents) and product breadth, though materially larger in scale.
• Venture Insurance Programs: Specialty wholesale program administrator and broker offering binding authority for niche property and casualty classes. Comparable in operating a binding-authority platform serving retail agents in specialty lines.
• Brown & Riding: National wholesale insurance brokerage with binding authority across property, casualty, and specialty lines. Closely comparable to TAPCO in operating as a wholesale intermediary serving retail agents with carrier-placed business.
• Burns & Wilcox: Major US wholesale insurance broker and MGA offering binding authority across personal and commercial lines. Closely comparable as a specialty wholesale broker with carrier panel relationships and a national agent distribution model.
• LOIS Insurance & Brokerage: Wholesale insurance brokerage with binding authority focused on personal and commercial lines, serving retail agents nationwide. Comparable in scale, product breadth, and wholesale distribution model.
• Crump Life Insurance Services: Wholesale insurance distribution platform (historically life and annuity, with expanded P&C capabilities) serving retail producers. Comparable as a wholesale intermediary model with carrier-placed business, though with a different primary product mix.
• RPS (Risk Placement Services): One of the largest US wholesale insurance brokers with binding authority across personal and commercial lines. Directly comparable in business model (wholesale broker serving retail agents) and product breadth (multiple classes of business placed with carrier partners).

Broad incumbents

• CRC Insurance Services (CRC Group): The parent platform of TAPCO Underwriters and one of the largest US wholesale brokerage groups. Operates a broader portfolio of specialty wholesalers and programs; comparable as the umbrella under which TAPCO operates.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tapco-underwriters-inc.

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 TAPCO Underwriters, Inc.