Radius Insurance Services

What Radius Insurance Services does

Radius Insurance Services LLC is an independent insurance agency headquartered in Brea, California, that operates exclusively in the business insurance segment. Founded in 2012, the firm is licensed in California and concentrates on commercial lines for small and mid-sized businesses, with an explicit geographic emphasis on Southern California and ancillary cross-state placements for specific products.

The agency distributes a broad portfolio of approximately fifteen commercial insurance products — Workers' Compensation, General Liability, Commercial Auto, Property & Casualty, Errors & Omissions, Product Liability, Directors & Officers, Employment Practices Liability, Cyber Risk, Crime & Employee Dishonesty, Business Interruption, Boiler & Machinery, Marine Cargo, Surety Bonds, and Group Healthcare — across twelve or more verticals including Construction, Restaurants & Hospitality, Manufacturing, Healthcare, Technology, Real Estate & Financial Services, and Engineers & Architects. Its core technology layer is non-proprietary; Radius functions as a broker accessing hundreds of carrier underwriting platforms and does not build or operate its own software, AI systems, or data products. The firm is a PIIB (Professional Insurance Brokers) affiliate and self-positions within a Top 10 agency partnership, which is the principal structural advantage enabling carrier breadth and back-office scale that a 1-10 person shop could not replicate independently.

Radius generates revenue through insurance brokerage commissions on placed policies, with annual billing cycles and quote-based pricing determined by each client's industry, coverage mix, and risk profile. GTM is sales-led and consultative: phone outreach via an 800 number, website quote requests, and referral-driven acquisition. The leadership team — Founder & CEO Nick Roumi, COO Robin Schmidle, CRO Franklin Khalil, and CFO Sirine Boulos — manages the agency alongside open production roles (Business Insurance Agent, Account Manager Trainee), signaling capacity expansion within a lean operating model.

Name

Radius Insurance Services

Legal name

Radius Insurance Services LLC

Website

https://radiusins.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Radius Insurance Services is an independent commercial insurance agency in Brea, California, that brokers Workers Comp, General Liability, Commercial Auto, Property, Cyber, and related business lines for SMBs across twelve-plus verticals in Southern California, earning carrier commissions on placed policies.

Ownership category

akta.pro rank

Headquarters

HQ city

Brea

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Radius Insurance operates as an independent insurance agency earning commissions from multiple insurance carriers for placing business insurance policies. They work with hundreds/thousands of carriers to offer coverage options to business clients, earning commissions on successful policy placements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Radius Insurance Services is an independent insurance agency that places business insurance policies on behalf of clients by working with hundreds of insurance carriers. The firm is 100% focused on commercial lines, offering workers' compensation, general liability, commercial auto, property & casualty, professional liability (E&O), product liability, D&O, EPLI, cyber risk, marine cargo, crime, business interruption, boiler & machinery, group healthcare, and surety bonds to small and mid-sized businesses.

Product overview

Radius Insurance Services is an independent insurance agency that serves as a single source for all business insurance needs. The company offers a comprehensive portfolio of insurance products including Workers' Compensation Insurance, General Liability Insurance, Commercial Auto Insurance, Property & Casualty Insurance, Errors & Omissions Insurance (E&O), Product Liability Insurance, Cyber Risk Insurance, Directors & Officers Insurance (D&O), Crime & Employee Dishonesty Insurance, Business Interruption Insurance, Marine Cargo Insurance, Employment Practices Liability Insurance (EPLI), Boiler & Machinery Insurance, Group Healthcare, and Surety Bonds. The company is 100% focused on business insurance and is part of a top 20 agency partnership, working with hundreds of insurance carriers to match policies to specific business needs across industries including Construction, Manufacturing, Restaurants, Hospitality, Retail, Distribution, Wholesale, Automotive, Real Estate & Financial Services, Technology, Healthcare, and Engineers & Architects.

Differentiator

Problem solved

Functional benefit

Products and services

• Workers' Compensation Insurance Coverage designed to manage cost while providing protection for employees injured on the job; mandated in California, helping businesses meet statutory requirements and workplace injury claims.
• Commercial Auto Insurance Coverage to protect light and heavy business vehicles, including bodily injury liability, property damage liability, collision, and comprehensive options, while minimizing cost and downtime.
• Errors & Omissions Insurance (E&O) Professional liability protection against claims arising from errors or mistakes in professional services, available in $1M increments with deductibles ranging from $1,000 to $25,000.
• Product Liability Insurance Coverage against claims related to manufacturing defects, design flaws, or failure-to-warn, protecting manufacturers, retailers, distributors, resellers, and wholesalers.
• Property & Casualty Insurance Protection against loss to a company's facilities, equipment, supplies, and other physical assets, covering theft, accidents, fire damage, and other means of loss or damage.
• Boiler & Machinery Insurance Protection against breakdown to boilers, machinery, and electrically or mechanically powered equipment, covering repair costs, business income loss, and downtime expenses.
• Directors & Officers Insurance (D&O) Coverage to reduce potential liability of company officers whose assets could be jeopardized by charges of mismanagement, protecting both company assets and staff from suits by employees and third parties.
• Crime & Employee Dishonesty Insurance Coverage against forgery, embezzlement, or computer fraud by employees or outside parties, protecting businesses against internal and external theft.
• General Liability Insurance Protection against general claims arising from injuries, accidents, or mishaps during the normal course of business, covering property damage, personal injury, and bodily injury claims.
• Business Interruption Insurance Coverage that helps keep income flowing into a company after fire, storm, or other physical loss, protecting against loss of income when unable to operate under normal circumstances.
• Cyber Risk Insurance Protection against the rapidly escalating risk of interruption to a company's online presence or data movement, covering data breaches, network outages, and cyber attacks.
• Marine Cargo Insurance Coverage against financial losses that could occur in transporting products through different channels, covering both marine transit and air, truck, and rail transport options.
• Employment Practices Liability Insurance (EPLI) Coverage against claims alleging wrongful termination, demotion, failure to promote, discrimination, and sexual harassment, with coverage limits ranging between $1 million and $25 million.
• Group Healthcare Employee benefits and health insurance plans for businesses, providing cost-effective and easy-to-manage health plans while maintaining compliance with California State laws and the Affordable Care Act.
• Surety Bonds Financial guarantee bonds including Notary Bonds, Commercial Bonds, Contract Bonds, Concealed Carry Bonds, Business Service Bonds, and Errors & Omissions Policy options for contractors and construction professionals.

Quantifiable outcome

• 97% client retention rate
• +1 more outcomes

Named customers14 records

Segments13 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• PIIB (Professional Insurance Brokers Affiliate)coreChannel Partner/ Reseller/ DistributorRadius Insurance Services LLC is identified as a PIIB Affiliate. PIIB (Professional Insurance Brokers) appears to be the parent/membership organization providing the agency partnership structure, access to carrier relationships, and support services. This affiliation is part of their positioning as a 'Top 10 Agency Partnership.'

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Emerging players

• Next Insurance: Digital-first insurtech that sells commercial insurance (GL, Workers' Comp, Professional Liability, Commercial Auto) directly to small businesses online. Comparable because it targets the same SMB commercial insurance buyer that Radius serves, though via a proprietary tech platform rather than agency model.
• CoverWallet: Digital SMB commercial insurance platform acquired by Aon, providing online quoting and binding across multiple commercial lines for small businesses. Competes for the same SMB commercial insurance buyer but with a tech-led distribution model.

Direct peers

• Insureon: Online commercial insurance brokerage that aggregates multiple carrier quotes for small businesses across Professional Liability, Workers' Comp, General Liability, and Commercial Auto. Directly comparable to Radius as a multi-carrier SMB agency offering similar product lines.
• Woodruff-Sawyer & Co: Independent commercial insurance brokerage focused on Directors & Officers, Professional Liability, Cyber, and Property & Casualty coverage for middle-market businesses. Closely comparable commercial lines book and agency distribution model with similar multi-carrier placement.

Regional players

• Heffernan Insurance Brokers: Large independent California-based insurance brokerage providing commercial insurance to businesses across multiple verticals. Same regional SoCal market as Radius and a multi-carrier agency model with overlapping carrier appointments.

Broad incumbents

• Hub International: Large North American insurance brokerage offering commercial Property & Casualty, Employee Benefits, and specialty lines to mid-market and SMB clients. Operates in similar product categories (Workers' Comp, EPLI, Cyber, D&O) as Radius but at significantly greater scale and national footprint.
• Brown & Brown Insurance: National insurance brokerage delivering commercial P&C, Employee Benefits, and specialty coverage to businesses across industries. Comparable to Radius as a multi-line commercial insurance intermediary serving verticals like Construction, Manufacturing, and Hospitality.
• Marsh McLennan: Global insurance broker and risk advisor offering commercial Property & Casualty, Professional Liability, Cyber, and specialty coverages to mid-market and enterprise clients. Overlaps materially with Radius's product portfolio (Workers' Comp, EPLI, D&O, Cyber) but serves a much broader and larger client base.
• Hiscox: Specialty insurer/broker targeting small businesses with Professional Liability, General Liability, Cyber, and Workers' Comp coverage. Adjacent business model and similar SMB target customer, with overlap in E&O, Cyber, and D&O product offerings.
• Acuity Insurance: Mid-size commercial Property & Casualty insurer serving small and mid-sized businesses across Construction, Manufacturing, and other commercial verticals. Comparable because it competes in many of the same commercial lines (Workers' Comp, Commercial Auto, Property, GL) that Radius places for SoCal clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Radius Insurance Services