Century Risk Advisors
Century Risk Advisors is an independent Florida-based insurance brokerage providing commercial insurance, risk management, private client, and employee benefits advisory across eleven specialized industry verticals, serving mid-to-large businesses through direct carrier relationships and consultative advisory.
- Company typePrivate
- Founded2013
- HeadquartersBoca Raton, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Century Risk Advisors does
Century Risk Advisors is an independent, privately-held insurance brokerage founded in 2013 and headquartered in Boca Raton, Florida, with additional offices in Key Largo and Coral Gables. The firm provides commercial insurance, risk management, private client, and employee benefits advisory services to mid-to-large businesses and successful individuals across eleven specialized industry verticals including real estate, aviation, life sciences, technology, manufacturing, parking, restaurants, public entities, non-profits, legal/professional services, and security professionals. The company differentiates through consultative advisory, access to direct relationships with highly-rated insurance carriers, and in-house claims advocacy staffed by a licensed adjuster, attorney, actuary, and loss control consultant.
The firm generates revenue through commissions paid by insurance carriers on policy premiums placed, supplemented by contingency agreements and profit-sharing arrangements tied to underwriting performance and volume. Certain carriers that do not pay commissions directly are compensated through fee arrangements. Pricing is quote-based and determined by individual risk assessments rather than publicly disclosed rates. Go-to-market is sales-led and relationship-driven, relying on a team of experienced professionals, thought leadership content, industry association participation, and direct outreach to commercial clients across Florida and the Southeast.
Century Risk Advisors operates as one of the few independent, privately-owned insurance firms in Florida with global broker expertise, leveraging leadership lineage that traces back to Chairman Ron Reshefsky's career beginning in 1972 and the prior Century Financial Services entity (founded 1983, acquired by Summit Global Partners in 1997 and subsequently by USI Insurance Services in 2004). The firm has received consistent industry recognition including Insurance Journal's Best Agencies To Work For (2019), Agent of the Year for President Gary Reshefsky (2022), and South Florida Business Journal Best Places to Work rankings (#1 in 2024, #2 in 2025). A strategic cross-border partnership with Century Programs extends service capability to clients with US-Canada operations.
Century Risk Advisors firmographics
Firmographics- Name
- Century Risk Advisors
- Legal name
- Century Risk Advisors
- Website
- https://centuryriskadvisors.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Century Risk Advisors is an independent Florida-based insurance brokerage providing commercial insurance, risk management, private client, and employee benefits advisory across eleven specialized industry verticals, serving mid-to-large businesses through direct carrier relationships and consultative advisory.
- Ownership category
- akta.pro rank
Where Century Risk Advisors is headquartered
LocationHeadquarters
- HQ city
- Boca Raton
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Century Risk Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Commissions: Commission-based compensation paid by insurance carriers on policy premiums placed. Fee arrangements apply for certain carriers that do not pay commissions directly.
- Contingency and Profit-Sharing: Additional income derived from contingency agreements and profit-sharing arrangements with insurance carriers based on underwriting performance and volume.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Century Risk Advisors product offering
Product offeringCore offering
Century Risk Advisors is an independent insurance agency and brokerage that places commercial and personal insurance coverage through direct relationships with highly-rated insurers, and provides consultative risk management, claims advocacy, and employee benefits advisory services. Core offerings span Corporate Insurance, Risk Management (with in-house Claims Advocacy team of licensed adjuster, attorney, actuary, and loss control consultant), Private Client insurance for high-net-worth individuals and families, and Employee Benefits, supplemented by specialized solutions such as Parametric hurricane insurance and a Professional Liability Division.
Product overview
Century Risk Advisors (CRA) is an independent insurance agency offering a portfolio of insurance and risk management services organized around four core products: Corporate Insurance, Risk Management (with in-house Claims Advocacy), Private Client, and Employee Benefits. These core offerings are supplemented by specialized solutions including a Professional Liability Division and Parametric Insurance for hurricanes. CRA serves diverse industries including Real Estate, Technology, Life Sciences, Aviation, Manufacturing, Restaurants, Parking, Public Entities, Nonprofits, and Legal/Professional Services. The company differentiates through direct carrier relationships, global insurer access, and creative insurance solutions including master policies, captives, and alternative risk financing structures. Digital payment processing is available through an integrated ePay system.
Differentiator
Problem solved
Functional benefit
Products and services
- Corporate Insurance Comprehensive commercial insurance coverage for businesses, aligning risk management approach with overall business strategy to identify exposures to loss; positioned for mid-to-large commercial accounts.
- Risk Management Consultative risk management services including claims advocacy, supported by an in-house team composed of a licensed adjuster, attorney, actuary, and loss control consultant to help clients avoid, reduce, and transfer risk.
- Private Client Specialized personal lines insurance for successful individuals and families covering home, auto, jewelry, art, and other valuables through customized risk protection plans tailored to lifestyle and goals.
- Employee Benefits Employee benefits advisory helping companies navigate ACA compliance, implement cost-effective benefits programs, and support talent retention strategies aligned with company culture.
- Parametric Insurance Solutions Parametric insurance for hurricanes and named tropical cyclones that pays out based on specific weather event triggers rather than actual losses, providing fast payouts to policyholders.
- Professional Liability Division Specialized division creating risk management and insurance programs for professional practices, including professional liability (E&O), cyber liability, employment practices liability, and partnership protection.
- Real Estate Insurance Insurance for real estate owners and developers including creative property insurance, captive and alternative risk financing structures, master policies, and certificate tracking.
- Aviation Insurance Insurance programs for aviation businesses including global distribution, MRO, FBO, concessionaires, and general aviation, with hull coverage, liability coverage, hangar liability, and airport premises coverage.
- Technology Industry Insurance Insurance solutions for technology companies covering networking, e-commerce, software, hardware, and IT sectors, including cyber liability, media liability, technology E&O, and business interruption coverage with regulatory compliance support.
- Life Sciences Insurance Customized insurance for biotechnology firms, medical device companies, and other life sciences companies addressing R&D, clinical trials, product liability, and FDA regulatory coverage needs.
- Restaurant & Food Services Insurance Insurance and risk management for hospitality businesses including hotels, restaurants, caterers, and event venues, covering commercial property, general liability, liquor liability, workers compensation, food contamination, and cyber liability.
- Parking Industry Insurance Insurance for parking operations including valet, self-park, and special events, covering garage liability, garage keepers coverage, premises liability, ValetGuard coverage, and bailee exposure.
- Public Entities Insurance Insurance and risk management for cities, towns, counties, parks and recreation, sanitation, and educational institutions, including public officials liability, law enforcement liability, and municipal general liability.
Companies that use Century Risk Advisors
Customer profileSegments11 records
Ideal customer profiles2 records
Century Risk Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Century Risk Advisors partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Florida Parking and Transportation Association (FPTA)minorCentury Risk Advisors is a proud member of the Florida Parking and Transportation Association (FPTA), demonstrating specialized expertise in the parking industry vertical and access to industry networking opportunities.
- Century ProgramscoreCentury Programs serves as a strategic partner for cross-border insurance solutions between the US and Canada. Barbara Owens at Century Programs facilitates Canadian broker relationships to provide seamless cross-border coverage for clients with operations in both countries.
Scale indicators2 records
Recent moves10 records
Expansion highlights5 records
Century Risk Advisors competitors and assessment
Company assessmentBroad incumbents
- Brown & Brown: Large, publicly-traded Florida-headquartered insurance brokerage with deep vertical specialization and national scale; CRA is a sub-scale analog of Brown & Brown's specialty-driven model.
- Arthur J. Gallagher & Co. Global insurance brokerage and risk-management services firm with significant Florida presence; competes for the same mid-to-large commercial accounts across CRA's served verticals.
- Marsh McLennan: Global insurance brokerage and risk-management leader with large Florida presence; sets competitive benchmarks on carrier access and large-account capabilities that pressure independent firms like CRA.
- USI Insurance Services: Top-10 U.S. insurance brokerage that previously acquired founder Ron Reshefsky's former firm; direct legacy connection to CRA's leadership and current competitor in the mid-market commercial segment.
Direct peers
- Higginbotham: Large independent commercial insurance brokerage with strong employee-benefits and risk-management consulting focus; mirrors CRA's mix of corporate insurance, risk management, and benefits services.
- World Insurance Associates: U.S. insurance brokerage with strong Florida operations and aggressive vertical specialization (including aviation, life sciences, and public entities) overlapping directly with CRA's niche practice areas.
- Burns & Wilcox: Specialty wholesale brokerage and risk-management firm focused on excess-and-surplus lines; overlaps with CRA's specialty vertical practices and access to non-standard carrier markets.
- Insurance Office of America: Independent, Florida-headquartered commercial insurance agency serving mid-market and niche verticals; closest peer to CRA in terms of size, regional footprint, and consultative independent-broker model.
- Foundation Risk Partners: Florida-anchored independent commercial insurance brokerage built through roll-up acquisitions; comparable independent-broker model with vertical specialties and contingency-based revenue.
- RPS (Risk Placement Services): Specialty insurance brokerage with access to non-admitted and excess-and-surplus markets; comparable to CRA's positioning in hard-to-place verticals like aviation and parking.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Century Risk Advisors social profiles
Digital presenceCentury Risk Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Century Risk Advisors leadership team
Management profileNumber of profiles
Profiles7 records
Century Risk Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Century Risk Advisors 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 Century Risk Advisors
What does Century Risk Advisors do?
Century Risk Advisors is an independent insurance agency and brokerage that places commercial and personal insurance coverage through direct relationships with highly-rated insurers, and provides consultative risk management, claims advocacy, and employee benefits advisory services. Core offerings span Corporate Insurance, Risk Management (with in-house Claims Advocacy team of licensed adjuster, attorney, actuary, and loss control consultant), Private Client insurance for high-net-worth individuals and families, and Employee Benefits, supplemented by specialized solutions such as Parametric hurricane insurance and a Professional Liability Division.
Is Century Risk Advisors a public or private company?
Century Risk Advisors is a private company. It is classified as family owned and is currently operating.
When was Century Risk Advisors founded?
Century Risk Advisors was founded in 2013. It employs 1 to 10 people.
Where is Century Risk Advisors based?
Century Risk Advisors is headquartered in Boca Raton, United States, in the North America region.
How does Century Risk Advisors make money?
Two revenue lines are on record. Insurance Commissions are the primary driver. The others are contingency and Profit-Sharing.
Who are Century Risk Advisors's main competitors?
Broad incumbents on record are Brown & Brown, Arthur J. Gallagher & Co., Marsh McLennan and USI Insurance Services. Direct peers are Higginbotham, World Insurance Associates, Burns & Wilcox, Insurance Office of America, Foundation Risk Partners and RPS (Risk Placement Services).
Does Century Risk Advisors have an API?
No public API is recorded for Century Risk Advisors.