Convelo Insurance Group
Convelo Insurance Group is a managing general agent and wholesale insurance broker that distributes exclusive specialty programs and carrier wholesale products to appointed retail agents, serving nonprofits, human service providers, senior living facilities, religious institutions, and other underserved niche verticals across the United States.
- Company typePrivate
- Founded-
- HeadquartersMiddletown, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Convelo Insurance Group does
Convelo Insurance Group, LLC operates as a managing general agent (MGA) and wholesale insurance broker specializing in specialty programs primarily serving nonprofit organizations and human service providers. The company distributes a portfolio of exclusive programs alongside carrier wholesale products through a network of appointed retail insurance agents and brokers, with carrier partners including Church Mutual, AmTrust, GuideOne, Fortegra, Corvus, Coalition, Cluett, Hadron Specialty, CM Vantage, Dual, Employers, and Key Risk. Its product portfolio spans nine verticals: nonprofit and human services, assisted and independent living, religious institutions, management liability, small business, non-emergency medical transportation, cyber liability, workers' compensation, and excess/surplus lines.
The company's core technology is an online portal (agenciiq.conveloins.com) that enables appointed agents to rate, quote, and bind package policies digitally for select programs, supported by email-based submission for the remainder of the book. Convelo earns revenue through commission structures negotiated with wholesale carrier partners on bound policies; no publicly disclosed pricing tiers exist, and pricing is quote-based varying by program, coverage type, and risk profile. The company is a privately held LLC domiciled in the United States with 51-100 employees, an office in New York, and holds state insurance licenses including California (#0M13886) and Nevada (#3256625).
Strategic differentiation is anchored in vertical specialization rather than scale. Convelo competes by offering exclusive carrier programs tailored to underserved niches (nonprofits, human services, senior living, religious institutions, NEMT) that generalist wholesalers do not adequately serve. The Haven Specialty Insurance Services division extends this model into excess casualty for commercial real estate, backed by Hadron Specialty Insurance Company with delegated underwriting authority up to $5M. The GTM motion is entirely channel-driven: Convelo does not sell directly to insureds but exclusively to appointed retail agents who must complete an appointment process including licensing documentation, E&O coverage, and producer agreements.
Convelo Insurance Group firmographics
Firmographics- Name
- Convelo Insurance Group
- Legal name
- Convelo Insurance Group, LLC
- Website
- https://conveloins.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Convelo Insurance Group is a managing general agent and wholesale insurance broker that distributes exclusive specialty programs and carrier wholesale products to appointed retail agents, serving nonprofits, human service providers, senior living facilities, religious institutions, and other underserved niche verticals across the United States.
- Ownership category
- akta.pro rank
Convelo Insurance Group industry classification
Industry- Product category
- Specialty Insurance Wholesale Brokerage
- NAICS
- Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210), Other Insurance Related Activities (52429)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industries
- Mid-Market Commercial Package (Package Policies) (FSAJAFAB), Large Commercial Package (National Accounts) (FSAJAFAC)
Keywords
Where Convelo Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Middletown
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Convelo Insurance Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Commission-based Wholesale Brokerage: Convelo operates as a managing general agent earning commissions from insurance carriers for placing business submitted by retail agents and brokers. Revenue is generated through negotiated commission structures with wholesale carrier partners on bound policies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Small Business Program - Premiums up to $15,000 |
| Subscription | Annual | Assisted and Independent Living - Premiums $25,000 and above |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Convelo Insurance Group product offering
Product offeringCore offering
Convelo Insurance Group operates as a managing general agent (MGA) and wholesale broker that distributes specialty insurance programs to appointed retail insurance agents and brokers. The company underwrites and places niche commercial insurance products—including package, auto, umbrella, workers' compensation, management liability, cyber, and excess coverage—developed with carrier partners like Church Mutual, GuideOne, Fortegra, AmTrust, Corvus, and Coalition, focused on underserved verticals such as nonprofits, human services, senior living, religious institutions, NEMT, and commercial real estate.
Product overview
Convelo Insurance Group operates as a managing general agent (MGA) and wholesale broker specializing in specialty insurance for nonprofits and human service organizations. The company offers a portfolio of exclusive programs including Nonprofit and Human Services Insurance, Assisted and Independent Living Insurance, Religious Institutions Insurance, Management Liability Insurance, Small Business Insurance, and NEMT Insurance. Additionally, Convelo provides wholesale products through carrier partners including Workers' Compensation (via AmTrust, Employers, Key Risk), Cyber Liability (via Corvus, Coalition), and Excess/Surplus lines (via CM Vantage, Dual). Haven Specialty Insurance Services, a division of Convelo, specializes in Excess General Liability for commercial real estate. The architecture is a platform-plus-modules model where Convelo serves as the MGA distributing proprietary exclusive programs alongside wholesale carrier partnerships to appointed agents and brokers.
Differentiator
Problem solved
Functional benefit
Brands
- Haven Specialty Insurance Services: A division of Convelo specializing in Excess General Liability solutions for commercial real estate risks.
Products and services
- Nonprofit and Human Services Insurance Comprehensive package, auto, umbrella, workers' compensation, and abuse coverage designed for nonprofit and for-profit organizations providing vital community services. Offered to appointed retail agents and brokers for placement with nonprofit clients.
- Assisted and Independent Living Insurance True package product on A+ admitted paper developed specifically for assisted and independent senior living facilities, covering property, liability, professional and abuse coverage, auto, and excess up to $10M. Targeted at nonprofit facilities with ambulatory residents age 55 and up with premiums of $25,000 and above.
- Religious Institutions Insurance Comprehensive package policy for churches and religious facilities covering property, liability, religious communication, commercial auto, excess liability, crime, equipment breakdown, pastoral counseling, and hired/non-owned auto. Limits up to $5M TIV per building and $10M per policy.
- Management Liability Insurance Flexible management liability package underwritten with Fortegra Insurance Company providing Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, Workplace Violence, and Internet Liability coverage for nonprofit human service organizations.
- Small Business Insurance One-stop package coverage for small nonprofit and for-profit human services organizations designed for accounts with premiums of $15k and under, including business personal property, professional liability, abuse, hired and non-owned auto, and cyber liability.
- Non-Emergency Medical Transportation (NEMT) Insurance Specialized insurance solutions for NEMT, paratransit, and ambulance (BLS only) operators with fleets of three or more units, offered through partnership with Cluett Commercial Insurance Agency and backed by A.M. Best 'A' rated carriers. Coverage includes Commercial Auto, General Liability, Professional Liability, Loading & Unloading, and Excess Liability.
- Haven Specialty Insurance Services Division of Convelo that specializes in Excess General Liability solutions for commercial real estate owners, operators, and managers, including habitational (apartment, condominium, cooperative buildings) and commercial lessors' risks. Backed by Hadron Specialty Insurance Company with delegated underwriting capacity up to $5M limit.
- Cyber Liability Insurance Wholesale cyber liability coverage distributed through carrier partners Corvus (Smart Cyber offerings with Dynamic Loss Prevention Reports and 24/7 threat monitoring) and Coalition (broad appetite including nonprofits and human services, available in all states with active risk assessment and response tools). Covers first-party losses and third-party liability including ransomware, breach response, business interruption, regulatory defense, and PCI DSS.
- Workers' Compensation Insurance Workers' compensation coverage distributed through wholesale carrier partners AmTrust (A- rated), Employers, and Key Risk across industries including clubs, healthcare, hospitality, professional services, retail, schools, and social services. Minimum premiums as low as $500 through Employers.
Companies that use Convelo Insurance Group
Customer profileNamed customers2 records
Segments9 records
Ideal customer profiles1 record
Convelo Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Convelo Insurance Group partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Church MutualcoreChurch Mutual is a carrier partner providing insurance for religious institutions and nonprofit organizations. They are A-rated by AM Best and offer specialized coverage for churches, K-12 schools, and senior living facilities. Their service for churches and educational institutions is certified as Centers of Excellence by BenchmarkPortal.
- Fortegra Insurance CompanycoreFortegra provides the exclusive Management Liability program for Convelo. Rated A- by AM Best with over 40 years of experience in risk management, Fortegra specializes in partnering with niche-focused MGAs to deliver program offerings for nonprofit organizations.
- GuideOnecoreGuideOne is a wholesale carrier offering BOP and commercial package policies for churches, religious institutions, nonprofit organizations, and educational institutions nationwide. They provide excellent loss control and risk management resources for insureds.
- AmTrustcoreAmTrust is a wholesale carrier rated A- by AM Best serving both nonprofit and for-profit organizations with affinity for human services, mental health, crisis intervention, group housing, education, religious institutions, food and nutrition, arts and culture, youth services, and recreation. They also offer workers' compensation and BOP coverage.
- CluettcoreCluett Commercial Insurance Agency provides specialized insurance for Non-Emergency Medical Transportation (NEMT), paratransit, and ambulance operations. Backed by A.M. Best 'A' Rated carriers, their program delivers competitive rates, flexible options, and expert risk management services for transportation providers.
- CorvuscoreCorvus is a wholesale cyber liability insurance provider using high-tech tools to quantify risk and deliver optimal coverage with competitive pricing. They offer Smart Cyber offerings with broad coverage on admitted paper, including Dynamic Loss Prevention Reports and 24/7 threat monitoring.
- CoalitioncoreCoalition offers some of the broadest range of coverage in cyber liability insurance combined with affordable rates. Available in all states with broad appetite including nonprofits and human services organizations, providing active risk assessment, protection, and response tools.
- EmployersminorEmployers provides workers' compensation insurance targeting independent, entrepreneurial companies with coverage, claim services, and loss control suited for small business owners. Minimum premiums as low as $500 with availability nationwide.
- Key RiskminorKey Risk has provided workers' compensation coverage for over 35 years with specialized insurance services to reduce exposures. Offers VirtualMD+ telemedicine program, PremiumSync pay-as-you-go solution, and guaranteed cost and small deductible options.
- CM VantageminorCM Vantage provides monoline casualty and monoline excess coverage as part of Convelo's excess and surplus offerings for complex commercial real estate risks.
- DualminorDual provides private personal and commercial flood coverage and wind deductible buy-back options as part of Convelo's excess and surplus wholesale product suite.
- Hadron Specialty Insurance CompanycoreHadron Specialty Insurance Company (A- VIII) backs Haven Specialty Insurance Services' excess general liability products. Supported by an industry-leading reinsurer rated A++ XV, Hadron provides capacity for delegated underwriting up to $5M limit.
Scale indicators1 record
Recent moves6 records
Expansion highlights6 records
Convelo Insurance Group competitors and assessment
Company assessmentDirect peers
- Amwins Group: Amwins is the largest U.S. wholesale insurance distributor, offering specialty placement, MGA, and binding authority capabilities across commercial and personal lines. It competes with Convelo in placing niche and excess casualty business through retail agents.
- RPS (Risk Placement Services): RPS is a major wholesale broker and MGA operating across specialty lines including nonprofit, human services, and excess casualty. It directly competes with Convelo for retail agent submissions in the same verticals.
- CRC Group: CRC Group is a wholesale insurance broker with specialty practice groups across multiple verticals including nonprofit, religious institutions, and senior living — directly overlapping Convelo's program portfolio.
- Brown & Riding Insurance Services: Brown & Riding is a wholesale insurance brokerage with specialty practice groups serving niche commercial risks. It is a direct competitor for retail-agent-placed specialty business in excess casualty and nonprofit lines.
- Glatfelter Insurance Group: Glatfelter is a specialty MGA and program manager with deep focus on human services, behavioral health, and nonprofit organizations, directly overlapping Convelo's flagship niche verticals. Both operate as managing general agents distributing exclusive programs to retail agents.
- Burns & Wilcox: Burns & Wilcox is a wholesale brokerage and MGA specializing in excess and surplus lines for commercial accounts including nonprofit and specialty risks. It is a direct channel competitor for appointed agents submitting niche business.
Emerging players
- Skyward Specialty Insurance Group: Skyward Specialty is a specialty insurer with growing MGA and program-bus
Broad incumbents
- Hiscox Insurance: Hiscox is a global specialty insurer operating as both carrier and MGA with strong small-business and professional-liability programs. It overlaps with Convelo's small-business package offering and nonprofit management liability at a much larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Convelo Insurance Group social profiles
Digital presenceConvelo Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Convelo Insurance Group leadership team
Management profileNumber of profiles
Profiles2 records
Convelo Insurance Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Convelo Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Convelo Insurance Group 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 Convelo Insurance Group
What does Convelo Insurance Group do?
Convelo Insurance Group operates as a managing general agent (MGA) and wholesale broker that distributes specialty insurance programs to appointed retail insurance agents and brokers. The company underwrites and places niche commercial insurance products—including package, auto, umbrella, workers' compensation, management liability, cyber, and excess coverage—developed with carrier partners like Church Mutual, GuideOne, Fortegra, AmTrust, Corvus, and Coalition, focused on underserved verticals such as nonprofits, human services, senior living, religious institutions, NEMT, and commercial real estate.
Is Convelo Insurance Group a public or private company?
Convelo Insurance Group is a private company. It is classified as unknown and is currently operating.
When was Convelo Insurance Group founded?
Convelo Insurance Group was founded in -1. It employs 51 to 100 people.
Where is Convelo Insurance Group based?
Convelo Insurance Group is headquartered in Middletown, United States, in the North America region.
How does Convelo Insurance Group make money?
One revenue line is on record: commission-based Wholesale Brokerage.
Who are Convelo Insurance Group's main competitors?
Direct peers on record are Amwins Group, RPS (Risk Placement Services), CRC Group, Brown & Riding Insurance Services, Glatfelter Insurance Group and Burns & Wilcox. Skyward Specialty Insurance Group is listed as an emerging player. Hiscox Insurance is listed as a broad incumbent.
Does Convelo Insurance Group have an API?
No public API is recorded for Convelo Insurance Group.
What industry is Convelo Insurance Group in?
Convelo Insurance Group's product category is Specialty Insurance Wholesale Brokerage. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services, with a secondary code of FSAJAFAB, Mid-Market Commercial Package (Package Policies). Its NAICS code is 52421 and its SIC code is 6411.