Nexus Insurance Brokers

What Nexus Insurance Brokers does

Nexus Insurance Brokers Ltd. is a privately held, commission-based insurance brokerage headquartered in Burnaby, British Columbia, serving individual and small-business clients across the Lower Mainland. The firm operates one physical office at #101-4268 Lozells Avenue and distributes a broad product portfolio that spans business insurance, contractors/bonding, import/customs bonds, homeowners, renters/tenants, condo, auto, life, critical illness/disability, and a growing set of specialty professional liability packages for sectors such as health and fitness, beauty, pet services, and market vendors. Pricing is subscription-style monthly or annual premiums set by underlying carriers, with renter's policies starting around $17-$30+/month and professional liability starting at ~$18.15/month, while core revenue accrues through brokerage commissions on placed policies.

The brokerage blends traditional broker-mediated sales (in-office consultations, phone support at 604-420-2501) with a self-serve digital layer delivered through its partnership with APOLLO Insurance, which powers online quote-and-buy for select products including renters, health and fitness liability, and professional liability. Customer acquisition is supported by a multi-channel organic presence (website, long-running educational blog, Facebook, Twitter/X, Instagram, LinkedIn) and community engagement through charities such as the Coquitlam Crunch Diversity Fund and KidSport. Underlying technology and AI capabilities are not disclosed; the firm relies on third-party carrier systems and the APOLLO platform rather than proprietary tooling.

Nexus serves a fragmented base of small business owners, contractors, homeowners, renters, importers requiring customs bonds, consultants, and various licensed professionals (fitness, beauty, pet services). No anchor enterprise clients, revenue figures, funding events, M&A activity, or headcount trends are disclosed in the available data, limiting visibility into scale beyond the 11-50 employee band and a single BC office footprint.

Name

Nexus Insurance Brokers

Legal name

Nexus Insurance Brokers Ltd.

Website

https://nexusinsurancebrokers.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Nexus Insurance Brokers Ltd. is a privately held, commission-based insurance brokerage headquartered in Burnaby, British Columbia, serving Lower Mainland individuals and small businesses with business, home, renters, contractor bonding, and specialty professional liability products distributed via in-office, phone, and APOLLO-powered online channels.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Commercial Lines Insurance Brokerage (FSAEADAB)

akta.pro secondary industries

Retail (Personal Lines) Insurance Brokerage (FSAEADAA), Insurtech-Enabled Brokerage (Digital Brokers & Aggregators) (FSAEADAN)

Keywords

• Insurance brokerage
• Commercial insurance
• Property insurance
• Liability coverage
• Insurance bonding

Headquarters

HQ city

Coquitlam

HQ country

Canada

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 Brokerage Commissions: Nexus Insurance Brokers operates as an insurance intermediary, earning commissions from insurance carriers for placing policies. They offer a range of insurance products including business, home, renters, contractor, and professional liability insurance.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Nexus Insurance Brokers Ltd. is a British Columbia-based insurance brokerage that places personal and commercial insurance policies on behalf of clients with multiple carriers, earning commissions on each placement. The brokerage offers business insurance, contractors and bonding, import/customs bonds, homeowners insurance, renters/tenants insurance, and specialty professional liability coverage for fitness, beauty, consulting, and pet service professionals. Online quote and purchase is supported for selected products through a third-party digital insurance platform.

Product overview

Nexus Insurance Brokers Ltd. is an insurance brokerage offering a comprehensive portfolio of insurance products and services. The core offering includes Business Insurance, Contractors/Bonding, Import/Customs Bonds, Homeowners Insurance, and Renters/Tenants Insurance. Additional specialized products include Professional Liability Insurance (E&O) with coverage up to $5M, Health and Fitness Liability Insurance, Earthquake Insurance, Life Insurance, Critical Illness/Disability Insurance, Auto Insurance, and Cyber Insurance. The company also provides sector-specific coverage including Commercial General Liability, Equipment Insurance, Commercial Property Insurance, and Business Interruption Coverage for contractors, pet services, beauty professionals, and market vendors. Products are offered through web-based quote and buy portals with add-on modules like Additional Living Expense Coverage and Earthquake coverage available to enhance base policies.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Insurance Insurance programs designed for small and medium-sized businesses in British Columbia, helping develop the right insurance program to fit business needs and goals. Covers commercial general liability, professional liability, equipment, business interruption, and other commercial lines.
• Contractors / Bonding Insurance Insurance and bonding services for construction industry professionals to help mitigate and manage risk for any construction business, including contractor bonding, commercial general liability, and equipment coverage.
• Import / Customs Bonds Bond services working with key bond partners to provide an easy system to help importers meet import and customs bond requirements for trade compliance.
• Homeowners Insurance Insurance coverage for homeowners in British Columbia to protect their property and assets, including building, contents, personal liability, and additional living expense coverage.
• Renters / Tenants Insurance Insurance for renters covering contents, personal liability, and additional living expenses. Personal Property coverage up to $100,000, Additional Living Expenses up to $30,000, and Personal Liability coverage worldwide. Premiums starting from $17/month, available online via APOLLO Insurance platform.
• Condo Insurance Insurance protecting condo owners against risks including content destruction, personal liability, additional living expenses, and damage to the physical unit.
• Auto Insurance Mandatory car insurance in Canada protecting against damages due to own fault or other circumstances, covering vehicle repairs and third-party damage claims.
• Life Insurance Insurance providing a pre-determined death benefit to beneficiaries, including term life insurance (coverage for specified years) and whole life insurance (lasting entire lifetime).
• Critical Illness or Disability Insurance Insurance replacing income if the policyholder can no longer earn due to illness or disability, particularly relevant for physically demanding occupations such as contractors.
• Professional Liability Insurance Errors and omissions (E&O) insurance protecting professionals from the financial consequences of lawsuits involving misrepresentation, negligence, or malpractice. Coverage available up to $5M with E&O and additional CGL, privacy breach, and COED packages. Designed for over 100 classes of professions and businesses with up to 20 employees.
• Health and Fitness Liability Insurance Insurance package for yoga, personal training, and fitness practitioners including E&O (Errors & Omission), CGL (General Commercial Liability), and COED (Contents of Every Description). Designed for licensed, certified, or trained individuals working as independent contractors or business owners with up to 20 employees. Available online via APOLLO Insurance platform.
• Personal Trainer Professional Liability Insurance Insurance protecting personal trainers from claims resulting from directly providing services to clients, covering legal costs and damage awards.
• Commercial General Liability Insurance Foundational policy for contractors and SMBs protecting against lawsuits from accidents, covering legal fees and damage awards for property damage or personal injury claims.
• Commercial Property Insurance Insurance protecting business premises against vandalism, weather, or fire damage, and covering contents like furniture and equipment.
• Pet Services General Liability Insurance Standard policy for pet service professionals protecting against accidental injuries to clients and their pets, and property damage on business premises.
• Market Vendor Business Insurance Insurance coverage for vendors selling at farmers markets, night markets, or holiday markets, protecting against lawsuits from accidents or property damage at vending stalls.

Quantifiable outcome

• Renter's insurance provides Personal Property coverage up to $100,000 and Additional Living Expenses up to $30,000
• +2 more outcomes

Segments10 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• APOLLO InsurancecoreTechnology or IntegrationAPOLLO Insurance provides the digital technology platform enabling Nexus to offer online quote and buy capabilities for insurance products. Nexus refers to APOLLO Insurance on their website for digital insurance solutions.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• BrokerLink: One of Canada's largest retail insurance brokerages with a national footprint and broad personal/commercial product offering. Directly comparable to Nexus as a multi-line retail brokerage serving consumers and small businesses, but at much greater scale.
• Western Financial Group: Western Canada's large multi-line insurance and financial services provider with strong presence in BC. Comparable to Nexus as a regional retail brokerage serving personal and commercial customers, but with significantly broader geographic reach.
• Intact Financial Corporation: Canada's largest property & casualty insurer with a vast broker distribution network. Comparable as the dominant carrier-side counterparty to brokerages like Nexus, and increasingly a direct competitor through digital brands.
• Hub International: Global insurance brokerage with significant Canadian operations, serving mid-market and commercial clients across personal and specialty lines. Comparable to Nexus as a multi-line commercial and personal brokerage, but with enterprise-scale capabilities.

Direct peers

• CapriCMW Insurance Services: BC-based independent insurance brokerage offering personal, commercial, and specialty coverage across Western Canada. Highly comparable to Nexus as a Western Canadian multi-line brokerage serving overlapping SMB and consumer segments.
• Jones DesLauriers Insurance Management (JDM): Canadian insurance brokerage focused on commercial, personal, and specialty lines with strong Ontario and national presence. Directly comparable to Nexus in product mix (commercial + personal + specialty) and customer segments (SMB, professionals, individuals).

Emerging players

• BFL Canada Insurance Services: Canadian specialty insurance brokerage serving commercial clients with complex risks (professional liability, cyber, property). Comparable to Nexus's specialty commercial and professional liability lines, but focused on larger and more complex placements.
• APOLLO Insurance: Canadian Insurtech offering a digital brokerage platform for online quote and policy purchase. Comparable to Nexus as a technology-enabled insurance distributor and is also its core technology partner, with overlap in digital personal and small-commercial lines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Nexus_Brokers
• Facebookfacebook.com/NexusInsurance
• LinkedInca.linkedin.com/company/nexus-insurance
• Instagraminstagram.com/nexusinsurance

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 Nexus Insurance Brokers