Pearl Holdings, Inc.

What Pearl Holdings, Inc. does

Pearl Holdings, Inc., operating under the trade name Pearl Holding Group, is a privately held Florida Managing General Agent (MGA) that underwrites and services personal auto insurance on behalf of two carrier partners, Ocean Harbor Casualty Insurance Company (relationship since 1991) and Equity Insurance Company (since 2016). The company is headquartered in Plantation, FL, with operational mailing addresses in Sunrise, FL, and was founded in 1994 according to firmographic data (1991 per company history). Its core product set comprises the standard Florida personal auto coverages — Liability, Personal Injury Protection (PIP), Uninsured Motorists, Collision, and Comprehensive — supplemented by add-on services including 24-hour roadside assistance ($50 annual / $25 six-month), auto rental reimbursement ($20/day up to 10 days), and a $500 theft/hit-and-run reward. Distribution is exclusively through licensed independent insurance agents, supported by a dedicated agent registration/login portal at pearlholding.com, a policyholder self-service portal at mypearlpolicy.com, and a free GPS-enabled mobile roadside assistance app for Android and iOS.

The business model is commission-based: Pearl earns MGA commissions on personal auto premiums it places with Ocean Harbor and Equity, with no publicly disclosed pricing on core policies and a small ancillary revenue stream from roadside assistance add-ons. The company serves two primary customer segments — individual Florida auto insurance consumers (the end policyholder) and licensed independent insurance agents (the distribution channel) — and operates exclusively within the state of Florida, covering 19 counties across all major metros including Broward, Dade, Palm Beach, Hillsborough, Orange, Pinellas, and Collier/Lee. Pearl maintains dedicated regional phone lines for each territory and runs separate Underwriting/Customer Service, Claims, and Marketing departments out of its Sunrise, FL offices.

The company's competitive positioning rests on three decades of continuous Florida MGA operations, established regulatory familiarity with state-specific PIP and liability requirements, and a cultivated independent agent network rather than on technology differentiation or scale. Revenue is undisclosed, headcount is reported at 1-10, and there is no evidence of AI/ML, venture funding, M&A, or expansion beyond Florida — consistent with a stable, owner-operated niche MGA rather than a growth-stage insurtech.

Name

Pearl Holdings, Inc.

Legal name

Pearl Holding Group

Website

https://pearlholding.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1–10 employees

Short description

Pearl Holdings, Inc. (Pearl Holding Group) is a privately held Florida Managing General Agent that underwrites and services personal auto insurance on behalf of Ocean Harbor Casualty Insurance Company and Equity Insurance Company, distributed exclusively through licensed independent insurance agents across 19 Florida counties.

Ownership category

akta.pro rank

Headquarters

HQ city

Plantation

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Managing General Agent Operations: Pearl Holding Group operates as a Managing General Agent (MGA) representing Ocean Harbor Casualty Insurance Company and Equity Insurance Company. The company earns commissions by underwriting and managing personal auto insurance policies. Revenue is generated through insurance premium administration and commissions from policy placements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Pearl Holding Group operates as a Managing General Agent that underwrites and administers personal auto insurance policies on behalf of Ocean Harbor Casualty Insurance Company and Equity Insurance Company in Florida. It sells basic-limit auto coverage (liability, personal injury protection, uninsured motorists, collision, comprehensive) plus value-added services including 24-hour roadside assistance, auto rental reimbursement, and theft/hit-and-run protection, distributed exclusively through independent licensed insurance agents.

Product overview

Pearl Holding Group operates as a Managing General Agent representing Ocean Harbor Casualty Insurance Company and Equity Insurance Company, both specializing in personal auto insurance with basic limits. The company offers a portfolio of core insurance products including Liability Coverage, Personal Injury Protection, Uninsured Motorists Coverage, Collision Coverage, and Comprehensive Coverage. These core products are complemented by add-on services including 24-Hour Roadside Assistance, Auto Rental Reimbursement, and Theft And Hit & Run Protection. All products are sold exclusively through independent licensed agents in Florida, with the company operating since 1991.

Differentiator

Problem solved

Functional benefit

Products and services

• Liability Coverage Covers legal liability for bodily injury to others (Bodily Injury Liability) and damage to their property (Property Damage Liability). Florida law requires Property Damage Liability coverage. Sold to individual Florida drivers seeking legally compliant personal auto insurance.
• Personal Injury Protection Covers policyholder, family members and certain others for bodily injuries from auto accidents, paying 80% of medical expenses and 60% for loss of income without regard to fault. Required under Florida law. Sold to Florida drivers for no-fault medical and income loss protection.
• Uninsured Motorists Coverage Covers bodily injuries to policyholder, resident relatives, and certain others resulting from negligence of uninsured, underinsured, or hit-and-run drivers. Sold to Florida drivers seeking protection from uninsured motorist risk.
• Collision Coverage Covers damage to the policyholder's car resulting from upset or impact with another object. Sold to Florida drivers seeking vehicle damage protection from collisions.
• Comprehensive Coverage Provides coverage for damage to the policyholder's car resulting from fire, theft, and other direct losses not excluded. Sold to Florida drivers seeking non-collision vehicle damage protection.
• 24-Hour Roadside Assistance Emergency roadside assistance available 24/7 for any Pearl Holding Group policy, offered as an add-on at $50 per annual policy or $25 per six-month policy. Includes mechanical first aid, tire service, battery service, lost key/lockout service, delivery service, and towing up to 25 miles or $75 reimbursement. Sold to Florida drivers seeking emergency vehicle support.
• Auto Rental Reimbursement Pays $20 per day, for a maximum of 10 days, for expenses incurred in obtaining a substitute vehicle when the covered vehicle is disabled due to a collision. Sold to Florida drivers needing temporary transportation after a collision.
• Theft and Hit & Run Protection 24-hour, 365-day protection offering a $500 reward for information leading to the arrest and conviction of anyone responsible for hit-and-run damage to the covered vehicle. Sold to Florida drivers as a theft/hit-and-run incentive add-on.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Ocean Harbor Casualty Insurance CompanycoreChannel Partner/ Reseller/ DistributorPearl Holding Group is a Managing General Agent representing Ocean Harbor Casualty Insurance Company. The partnership allows Pearl Holding Group to underwrite and manage personal auto insurance policies on behalf of Ocean Harbor. Both companies solely specialize in personal auto insurance with basic limits. Ocean Harbor's Privacy Notice governs customer information handling for policyholders.
• Equity Insurance CompanycoreChannel Partner/ Reseller/ DistributorPearl Holding Group is a Managing General Agent representing Equity Insurance Company. The partnership enables Pearl Holding Group to underwrite and manage personal auto insurance policies under the Equity brand. Both companies focus exclusively on personal auto insurance with basic limits. Policy documents effective August 30, 2016 through present are available.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Slide Insurance: Florida-focused personal lines insurer that scaled quickly through independent agents in a hardening market. Useful comparable for Pearl given similar Florida-only, agent-driven personal lines focus and similar regulatory environment.
• Direct Auto Insurance: Non-standard personal auto carrier serving Florida and other states through a hybrid of direct and agent channels. Comparable target customer (basic-limits / value-oriented Florida drivers) and product set.
• Bankers Insurance Group: Florida-headquartered personal lines carrier writing homeowners, auto, and flood. Overlaps with Pearl in Florida personal auto distribution through independent agents and shares the same regulatory and weather-driven market dynamics.
• Security First Insurance: Florida-only personal lines carrier using independent agents. Comparable geographic concentration in Florida and similar incumbent-style distribution through appointed agents, with parallel exposure to Florida-specific regulatory and catastrophe risk.
• United Auto Insurance Company: Non-standard and basic-limits personal auto insurer with deep Florida concentration. Closely comparable to Pearl's exclusive focus on Florida basic-limits personal auto and similar independent-agent distribution model.

Regional players

• People's Trust Insurance: Florida-based personal lines insurer using a captive agent model. Comparable Florida-only geographic footprint and direct-to-consumer/captive distribution approach in a regulated personal lines market.
• FedNat Holding Company: Florida-domiciled personal lines holding company (homeowners focus, with auto exposure). Comparable as a Florida-centric personal lines specialist facing the same market conditions, though skewed more toward property than auto.
• Vault Reciprocal Exchange: Florida-focused personal lines carrier. Comparable regional concentration and personal lines orientation, with similar regulatory and litigation exposure.

Broad incumbents

• National General Insurance (now Allstate): National non-standard personal auto carrier with strong Florida presence. Useful comparable for understanding competitive dynamics in basic-limits personal auto, though at much greater scale and breadth.
• Summit Consulting (now part of Arch Insurance): Was a specialty MGA focused on niche personal and commercial lines; acquired by Arch Insurance. Comparable as a specialty-MGA platform consolidating personal lines distribution, providing a benchmark for MGA-level valuation.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pearl-holdings-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pearl Holdings, Inc.