David Chapman Agency

What David Chapman Agency does

David Chapman Agency is an independent insurance and surety bond brokerage founded in 1976 and headquartered in Lansing, Michigan. Operating as a multi-line agency representing multiple insurance carriers, the firm offers business insurance, personal auto and home coverage, surety bonds (contract, permit, notary, fidelity, ERISA, and court), life/health/disability, farm and agribusiness, bank/credit union, and public entity/non-profit products. The agency serves small-to-mid-sized businesses, families, farmers, financial institutions, public entities, and individuals across Michigan and beyond, leveraging a consultative sales approach that emphasizes long-term agent-client relationships — the same agent typically services customers year after year. Channel partnerships with the Michigan Townships Association and Michigan Bankers Association support institutional segment access, and the firm was recognized in the 2025 Accident Fund President's Club Awards for workers' compensation performance.

The firm was founded by David Chapman after more than two decades at Mourer-Foster Insurance, and has since integrated six acquired agencies (Mourer Insurance, Stratton & Stebbins, Lansing Insurance Agency, Lansing Mutual Agency, Frazier Insurance Agency, and Simmon Insurance Agency) into a single platform. The business is family-owned, with all seven of the founder's children and grandchildren involved in operations, and explicitly maintains a family continuity plan — the agency is publicly stated as 'not for sale,' distinguishing it from many peer agencies that have been absorbed by larger brokerages or private-equity consolidators. Operations are supported by approximately 50+ employees plus independent agent affiliates, organized across accounting, bonds, business and personal customer service, claim service, farm insurance service, IT, and leadership functions, with an additional corporate chaplain role reflecting the firm's Christian-based guiding principles.

Revenue is generated through insurance commissions from carrier partnerships, with no publicly disclosed pricing — premiums are quote-based and determined per customer risk profile. The technology stack is intentionally lean: rather than building proprietary tools, the agency integrates third-party SaaS for HR and benefits administration (Employee Navigator), insurance data transfer (Canopy Connect), and online billing (ePayPolicy). The firm does not operate a mobile app, has no published API, and makes no claims of AI or ML capabilities. Multi-carrier representation across seven product verticals is the core commercial mechanism, allowing the agency to position itself as a comparison-shopping brokerage rather than a captive agent.

Name

David Chapman Agency

Legal name

David Chapman Agency

Website

https://davidchapmanagency.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

101–250 employees

Short description

David Chapman Agency is an independent, family-owned insurance and surety bond brokerage founded in 1976 in Lansing, Michigan. Representing multiple carriers, it offers business, personal, farm, life/health, bond, bank/credit union, and public-entity coverage across Michigan and beyond.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411), Surety Insurance (6351)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

Keywords

• Commercial insurance brokerage
• Surety bond services
• Personal lines insurance
• Farm insurance solutions
• Independent insurance agency

Headquarters

HQ city

Lansing

HQ country

United States

HQ region

North America

Offices1 record

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 Commissions: As independent insurance agents, the agency earns commissions from insurance companies for policies placed. They represent multiple insurance carriers allowing them to offer best combinations of coverage and cost to customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

David Chapman Agency is an independent insurance agency that places commercial and personal insurance policies, as well as surety bonds, on behalf of customers by representing multiple insurance carriers. The agency packages coverage across seven core solution areas (Business Insurance, Personal Auto & Home, Bonds, Life/Health/Disability, Farm & Agribusiness, Bank & Credit Union, and Public Entity & Non-Profit) and supports customers with claims advocacy and policy servicing.

Product overview

David Chapman Agency is an independent insurance agency established in 1976, offering a comprehensive portfolio of insurance and bond products. The agency operates as a single integrated service platform providing Business Insurance, Personal Auto & Home, Bonds (including contract, permit, notary, fidelity, ERISA, and court bonds), Life/Health/Disability, Farm & Agribusiness, Bank & Credit Union, and Public Entity & Non-Profit insurance solutions. As independent agents representing multiple insurance companies, they provide comparison shopping and customized coverage recommendations. The agency also offers ancillary services including claim reporting assistance, online payment processing, HR benefit administration tools (Employee Navigator), and insurance information transfer (Canopy Connect).

Differentiator

Problem solved

Functional benefit

Products and services

• Business Insurance Risk management and insurance solutions for businesses operating in Michigan and beyond, covering property, liability, and specialized commercial coverages.
• Personal Auto & Home Insurance Home, auto, renters, and umbrella insurance products for individuals and families, provided through multiple insurance carriers to offer competitive pricing and coverage options.
• Surety Bonds Surety bond products including contract bonds, permit/license bonds, notary public bonds, fidelity bonds, ERISA bonds, and court bonds; excludes bail bonds.
• Life, Health & Disability Insurance Coverage including employer benefit plans, individual and family medical insurance, Medicare coverage, disability income insurance, life insurance, annuities, and travel insurance.
• Farm & Agribusiness Insurance Specialized insurance for agricultural operations including aquaculture, bio-products, cash crops, cattle, dairy, equipment dealerships, grain elevators, vineyards, wineries, and veterinary services.
• Bank & Credit Union Insurance Financial institution division providing bond, property & liability, business auto, mortgage errors & omissions, foreclosed properties, internet banking liability, and data breach insurance.
• Public Entity & Non-Profit Insurance Insurance for public entities and non-profit organizations including cities, townships, schools, fire departments, churches, trade associations, and municipal utilities.
• Claim Reporting Services Claims handling assistance including guidance through the claim process, coordination with insurance company adjusters, and coverage understanding support.
• Online Bill Payment Portal Online billing and payment processing for customer bills via the ePayPolicy platform.

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Accident Fund (AF Group)coreChannel Partner/ Reseller/ Distributor · 17 March 2026David Chapman Agency is an agent partner of Accident Fund, a division of AF Group providing workers' compensation insurance. They were recognized in 2025 President's Club Awards for outstanding results in premium, cumulative loss ratio, and premium retention. Mike Valiante, president of Commercial Markets at AF Group, congratulated recipients for consistency, knowledge, expertise, and customer relationships.
• Michigan Townships AssociationminorChannel Partner/ Reseller/ DistributorDavid Chapman Agency is listed in the Michigan Townships Association directory as an insurance provider for townships. They provide insurance products including property, liability, public officials bonding, and workers compensation for Michigan townships.
• Michigan Bankers AssociationminorChannel Partner/ Reseller/ DistributorDavid Chapman Agency has an affiliation with the Michigan Bankers Association providing specialized bond and insurance products for financial institutions including banks and credit unions.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Auto-Owners Insurance: Michigan-headquartered mutual insurer distributing exclusively through independent agents. Comparable as a key carrier partner and competitor for the Michigan personal and commercial lines David Chapman Agency services.
• Frankenmuth Insurance: Michigan-based mutual insurance carrier with strong regional carrier partnerships. Comparable as a Michigan-rooted insurance entity that David Chapman Agency likely places business with and competes against in personal and commercial lines.

Broad incumbents

• Hub International: Large PE-backed insurance brokerage actively consolidating mid-market independent agencies. Highly comparable as a competing acquirer of family-owned agencies, with similar multi-carrier brokerage model but national scale and capital base.
• Brown & Brown: Publicly-traded national insurance brokerage that has aggressively rolled up independent agencies. Comparable on multi-carrier brokerage model and product breadth, though materially larger and more acquisitive.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with deep commercial and specialty practice coverage. Comparable as a multi-line brokerage competitor and a frequent acquirer of independent agencies.
• Acrisure: PE-backed insurance brokerage roll-up that has rapidly acquired hundreds of independent agencies across the U.S. Directly comparable as a competing acquirer and consolidator in the same independent agency space, though vastly larger and technology-invested.
• Marsh McLennan: Global professional services firm including Marsh, the world's largest insurance broker. Comparable as a multi-line brokerage competitor across commercial, surety-adjacent, and benefits lines, though operating at vastly different scale.

Direct peers

• Meadowbrook Insurance Agency: Mid-size independent insurance agency operating with multi-carrier brokerage model across commercial, personal, and specialty lines. Comparable on agency structure and product mix, though larger and more geographically distributed.
• Hylant Group: Privately-held, family-influenced insurance brokerage with strong regional Midwest presence and specialty practices including surety, construction, and public entity. Closest match to David Chapman's family-owned, multi-line, multi-specialty independent agency model.
• Kapnick Insurance Group: Michigan-based independent insurance agency offering business, personal, surety, and employee benefits coverage through multiple carriers. Highly comparable on geography, product mix, and independent-agent business model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/dcainsurance
• Facebookfacebook.com/davidchapmanagency
• LinkedInlinkedin.com/company/david-chapman-agency-inc.

Revenue estimate

Valuation estimate

Number of profiles

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 David Chapman Agency