Stetson Insurance Funding

What Stetson Insurance Funding does

Stetson Insurance Funding, LLC is a privately held premium finance intermediary headquartered at 10150 York Road, Fifth Floor, Hunt Valley, Maryland, operating as a wholly owned subsidiary of Ryan Specialty, LLC. The firm does not provide services directly to the public; instead, it facilitates premium financing for U.S. insurance agents and brokers across three product tracks: traditional agency-billed commercial lines policies, personal lines policies, and specialized premium finance solutions for marijuana-related businesses. Its principal go-to-market is B2B sales-led, executed through Business Development Executives and Quote Account Executives targeting agency partners nationwide.

The platform architecture is a multi-lender facilitation model rather than a balance-sheet lender. Stetson sources loan servicing from three named partners, each operating a distinct technology stack: FIRST Insurance Funding (loan accounts beginning with 900, PowerBroker Suite-style portal), US Premium Finance via its FinancePro platform (accounts beginning with 205), and AFCO Direct via its Adept platform. Agents and insureds access loans through Stetson-branded private-label logins on each servicer's portal, and the company layers on digital down-payment collection and 24-hour online account access. A direct billing program module extends the offering beyond traditional installment financing. Terms and Conditions are governed by New York law and services are noted as not available in all states.

Revenue is generated via transaction fees on premiums facilitated through these lending partners, with Stetson functioning as the agent-facing point of contact throughout the loan lifecycle. Pricing is not publicly disclosed and quotes are issued on request. The leadership team of roughly 11–50 employees includes a President (Anthony Hanes), two Executive Vice Presidents covering Operations and Strategic Partnerships, and directors of Business Intelligence & Analytics and Business Administration. Stetson's competitive positioning leans heavily on its parent-company distribution advantage via Ryan Specialty's broker network, multi-lender optionality for agents, and an internal team averaging more than 15 years of premium finance industry experience.

Name

Stetson Insurance Funding

Legal name

Stetson Insurance Funding, LLC

Website

https://stetsonfunding.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Stetson Insurance Funding, LLC is a privately held premium finance intermediary and wholly owned subsidiary of Ryan Specialty, serving U.S. insurance agents and brokers. The firm facilitates commercial lines, personal lines, and marijuana-related business premium financing through partnerships with multiple lenders.

Ownership category

akta.pro rank

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Premium Finance Interest and Fees: Stetson provides premium finance services to agents and brokers, facilitating loans for insurance policy premiums. Revenue is generated through interest and fees on the financed premiums. The company acts as an intermediary while the actual loan servicing is handled by lending partners (FIRST Insurance Funding, US Premium Finance, AFCO Direct).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Stetson Insurance Funding is a premium finance company that provides financing for insurance policy premiums, enabling insurance agents and brokers to offer their policyholders flexible payment options. The company facilitates loans through multiple lending partners (FIRST Insurance Funding, US Premium Finance, AFCO Direct) for agency-billed commercial lines policies, personal lines policies, and marijuana-related business insurance, while serving as the primary point of contact for agents throughout the loan lifecycle.

Product overview

Stetson Insurance Funding is a premium finance company that operates as a unified platform offering multiple financing products. The core offerings include traditional premium finance solutions for agency-billed commercial lines policies, personal lines policies, and marijuana-related businesses. These are complemented by direct billing programs and digital down payment collection capabilities. The company partners with multiple lenders (FIRST Insurance Funding, US Premium Finance, and AFCO Direct) for loan servicing, while Stetson serves as the primary point of contact for agents throughout the loan lifecycle.

Differentiator

Problem solved

Functional benefit

Products and services

• Premium Finance Solutions (Commercial Lines)
• Personal Lines Premium Financing
• Marijuana-Related Business Premium Financing

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• FIRST Insurance FundingcoreChannel Partner/ Reseller/ DistributorPrimary loan servicing partner handling loans with account numbers beginning with 900. Provides loan servicing, payment processing, and customer account management for Stetson's premium finance products. Both insured and agent login portals are available through FIRST Insurance Funding.
• US Premium Finance (USPF)coreChannel Partner/ Reseller/ DistributorLoan servicing partner for accounts beginning with 205. Handles loan servicing and customer account management for a portion of Stetson's premium finance portfolio through their FinancePro platform.
• AFCO DirectcoreChannel Partner/ Reseller/ DistributorLoan servicing partner handling loans for AFCO Direct accounts. Provides loan servicing capabilities through their Adept platform for a segment of Stetson's premium finance business.
• Ryan Specialty, LLCflagshipStrategic or Co-development PartnerRyan Specialty is the parent company of Stetson Insurance Funding. Founded in 2010 by Patrick G. Ryan (founder and former Chairman and CEO of Aon Corporation), Ryan Specialty is an international specialty insurance firm that provides innovative solutions for brokers, agents, and insurance carriers. Stetson operates as a subsidiary providing premium finance services.

Recent moves6 records

Expansion highlights5 records

Direct peers

• Action Premium Finance: Regional premium finance company providing agency-billed premium financing solutions. Comparable to Stetson in product and target customer, though typically smaller in scale and geography.
• Skyline Premium Finance: US-based premium finance provider serving insurance agents. Direct competitor in the same premium finance intermediation space.
• First Insurance Funding: One of the largest US premium finance companies and a core loan-servicing partner for Stetson. Directly comparable in target customer (insurance agents), product (agency-billed premium financing), and lending model.
• AFCO Premium Credit / AFCO Direct: Major US premium finance lender and a Stetson loan-servicing partner. Directly comparable business offering premium financing for commercial and personal lines through agency channels.
• US Premium Finance: Specialty premium finance lender and Stetson servicing partner via its FinancePro platform. Competes in the same agency-billed commercial premium finance market.
• IPFS Corporation (Signature Premium Finance): One of the largest US premium finance platforms, now part of Signature Financial Group. Direct competitor to Stetson in providing premium finance solutions to insurance agents and brokers nationwide.
• Imperial PFS: US specialty premium finance company serving insurance agents and brokers. Comparable product offering and target customer base for commercial premium financing.
• Premium Funding Group: Specialty premium finance company focused on personal and commercial lines financing for independent agencies. Direct competitor in the same agent-served premium finance category.
• Bankers Premium Funding: Premium finance provider serving insurance agencies with commercial premium financing. Comparable in product offering, customer base, and agency-distribution model.

Broad incumbents

• Ryan Specialty: Parent company and a large publicly traded specialty insurance firm. Stetson is a wholly-owned subsidiary; Ryan Specialty provides the distribution platform that anchors Stetson's go-to-market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/stetson-insurance-funding

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Stetson Insurance Funding