Anco Insurance

What Anco Insurance does

ANCO Insurance is an independent insurance agency founded in 1873 and headquartered in Bryan, Texas, operating six offices across the state (Austin, Houston, Livingston, Waco, Del Rio, and Bryan) while licensed to serve clients in all 50 states. The company operates as a multi-line broker across four core product pillars: Employee Benefits (group health, dental, vision, life, disability, voluntary, and ancillary benefits for employer groups), Business Insurance (commercial property, workers' compensation, general liability, business auto, surety bonds), Insurance by Industry (specialized coverage for 80+ verticals including land surveyors, contractors, medical offices, farms, and retail), and Personal Insurance (home, auto, renters, individual health, life). ANCO represents multiple insurance carriers and earns revenue primarily through brokerage commissions on placed policies, with pricing individualized on a quote-based model.

Technology supporting the agency includes a self-service Client Portal (CSR24 platform) for policy management, claims filing, and payments, an Employee Navigator benefits administration integration, and the trademarked Clickable Coverage® interactive educational tool (licensed from FMG Suite/Agency Revolution) that lets prospective clients explore coverage options via clickable risk hotspots. Distribution is relationship-driven across in-person office consultations, a toll-free phone line (800-749-1733), email and online quote requests, and a wholesale arm called Common Sense Markets that provides contracted markets to smaller partner agencies in personal and commercial lines, including specialized underground tank pollution liability programs.

In November 2024, HUB International acquired ANCO Insurance Managers, Inc., making ANCO a Hub International company while preserving the ANCO brand, Texas office footprint, and existing client relationships. The company serves a diversified mix of employers, small-to-mid-market business owners, individuals/families, and industry-specific businesses, with documented client tenures spanning 8–18+ years. Long-tenured dedicated agents across Employee Benefits, Business Insurance, and Personal Lines teams underpin the retention model.

Name

Anco Insurance

Legal name

ANCO Insurance Managers, Inc.

Website

https://anco.com

Company type

Private

Founded year

1873

Operating status

Operating

Headcount range

101–250 employees

Short description

ANCO Insurance is an independent, multi-line insurance brokerage founded in 1873 and headquartered in Bryan, Texas, serving employers, businesses, individuals, and 80+ industry verticals across all 50 states from six Texas offices, now operating as a Hub International company.

Ownership category

akta.pro rank

Headquarters

HQ city

Livingston

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: ANCO Insurance operates as an independent insurance agency earning commissions from insurance carriers for placing policies. The company represents multiple insurance companies and offers a wide variety of coverage options, earning revenue through commissions on sold policies across employee benefits, business insurance, and personal insurance lines.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

ANCO Insurance is an independent insurance brokerage that places commercial and personal insurance policies with multiple carriers on behalf of clients. The agency sells Employee Benefits, Business Insurance, Insurance by Industry, and Personal Insurance through licensed agents, earning commissions from insurance carriers. It serves clients across all 50 states from six Texas office locations.

Product overview

ANCO Insurance is an independent insurance agency that offers a comprehensive portfolio of insurance solutions organized into four main categories: Employee Benefits (group health, dental, vision, life, disability, and voluntary coverage for businesses), Business Insurance (commercial property, workers' compensation, general liability, business auto, and industry-specific coverage), Insurance by Industry (specialized policies for over 80 industries including land surveyors, contractors, medical offices, and farms), and Personal Insurance (home, auto, renters, health, and life coverage for individuals). The company operates primarily through traditional insurance products and service platforms including a Client Portal for policy management and Clickable Coverage interactive graphics for customer education. ANCO serves clients across all 50 states from multiple Texas office locations and was acquired by HUB International in November 2024.

Differentiator

Problem solved

Functional benefit

Brands

• Common Sense Markets: A specialized wholesale branch providing contracted markets for smaller agencies throughout Texas and beyond in both personal lines and commercial lines, including underground tank pollution liability programs.

Products and services

• Employee Benefits Comprehensive suite of employee benefit solutions including group health, dental, vision, life, disability, and voluntary coverage options designed to help businesses attract and retain talent.
• Business Insurance Business insurance solutions including commercial property, workers' compensation, general liability, business auto, and surety bonds to protect business assets and operations across small, mid-size, and large businesses.
• Insurance by Industry Industry-specific insurance solutions tailored for land surveyors, retailers, contractors, medical offices, farms, and over 80 other industries requiring specialized coverage for unique sector-specific risks.
• Personal Insurance Personal insurance solutions covering home, auto, renters, individual health, individual life, Medicare options, condo, travel, umbrella, watercraft, annuities, classic car, flood, identity theft, motorcycle, RV, valuable possessions, and wedding insurance for individuals and families.
• Common Sense Markets Wholesale branch providing contracted markets for personal lines, commercial lines, and underground tank pollution liability programs to partner agencies throughout Texas and beyond.
• Client Portal Self-service online portal enabling clients to manage policies, file claims, make payments, and access benefit information for their insurance accounts.

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Texas A&M AthleticsminorStrategic or Co-development Partner · 14 November 2024ANCO Insurance, in partnership with Texas A&M Athletics, launched the Community Heroes Program to recognize and support local heroes across Texas. This community initiative showcases ANCO's commitment to local communities and creates brand visibility through association with Texas A&M Athletics.

Scale indicators3 records

Expansion highlights5 records

Broad incumbents

• Hub International: ANCO's parent company since November 2024 and one of the world's largest insurance brokers. Direct parent, comparable business model, and strategic acquirer.
• Marsh McLennan Agency: Large national insurance brokerage serving middle-market businesses with employee benefits, commercial, and personal insurance. Directly comparable in product breadth and target customer.
• Brown & Brown Insurance: National insurance brokerage with deep retail and wholesale operations across commercial, personal, and employee benefits lines. Comparable in offering portfolio and acquisition-driven growth strategy.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with retail brokerage, benefits, and wholesale operations. Comparable in full-service offerings and middle-market focus.
• McGriff Insurance Services: National insurance brokerage with commercial, personal, and benefits offerings and deep multi-state presence. Comparable as a recently acquired (TIH) mid-market broker.

Direct peers

• Higginbotham Insurance: Texas-based independent insurance agency offering commercial, personal, and benefits insurance across multiple offices. Highly comparable as a regional independent agency with similar product breadth and Texas roots.
• Wortham Insurance: Texas-headquartered independent insurance broker with multiple offices serving commercial, personal, and employee benefits. Strong geographic and product overlap with ANCO.
• Insurance Office of America: Independent insurance agency offering commercial, personal, employee benefits, and industry-specific programs. Comparable in independent agency model and multi-line offerings.
• The Buckner Company: Independent insurance agency providing commercial, personal, and benefits solutions to businesses and individuals. Comparable as a privately held independent agency with similar service mix.

Regional players

• Frost Insurance Agency: Texas-based insurance agency affiliated with Frost Bank, offering commercial, personal, and employee benefits with strong Texas presence. Comparable in geography and service portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/ancoinsurance
• Facebookfacebook.com/ancoinsurance
• LinkedInlinkedin.com/company/anco-insurance
• Instagraminstagram.com/ancoinsurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 Anco Insurance