Rockwood Programs

What Rockwood Programs does

Rockwood Programs, Inc. is a privately held Managing General Agency (MGA) founded in 1996 and headquartered in Claymont, Delaware, specializing in professional liability and management liability insurance programs distributed through a national network of more than 10,000 sub-producers across all 50 states. The company administers a portfolio of $30 million in management liability business and operates on both admitted and surplus lines bases, backed by capacity relationships with multiple A.M. Best-rated carriers (notably Fortegra Specialty Insurance, A- 'Excellent') and as a Lloyd's of London coverholder.

The product portfolio spans more than 15 distinct programs organized around four pillars: Employment Practices Liability Insurance (including the California-specific Essential EPLI variant), Errors & Omissions coverage for insurance agents and brokers (P&C Retail, Life/A&H, MGA/Wholesaler, Insurance Broker), specialty professional liability for healthcare, financial institutions, technology, and houses of worship, and an emerging Carrier Liability program launched in February 2026 targeting U.S. insurance carriers. The company is structured around wholly-owned subsidiaries (Fox Point Programs, Rockwood Specialty, Rockwood Insurance Solutions, Wright Insurance Agency, Public Servants Defense Agency) and offers adjacent MGA Consulting, Financial, and Alternative Risk Transfer services.

Revenue is generated primarily through commissions on administered insurance programs, with quote-based annual pricing that varies by coverage line (e.g., Essential EPLI limits from $100,000 to $500,000; Church Volunteer Security premiums starting at $750). The company was originally a subsidiary of E.W. Blanch before a 2000 management buy-out, and its president Glenn W. Clark also founded the Target Markets Program Administrators Association (TMPAA) in 2001, which was later sold to Breckenridge Insurance Group in 2012. The current leadership team of roughly 11-50 employees operates without external venture or private equity backing.

Name

Rockwood Programs

Legal name

Rockwood Programs, Inc.

Website

https://rockwoodinsurance.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Rockwood Programs is a privately held Managing General Agency specializing in professional and management liability insurance, distributing EPLI, E&O, D&O, and specialty programs through 10,000+ sub-producers across all 50 U.S. states.

Ownership category

akta.pro rank

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Program Administration: Rockwood Programs generates revenue as a Managing General Agency by administering insurance programs and earning commissions from insurance carriers. The company handles P&C, Life, and A&H products and maintains relationships with multiple A.M. Best rated carriers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Rockwood Programs is a Managing General Agency and insurance program administrator that designs, underwrites, and distributes specialty professional and management liability insurance products. The company serves insurance agents, brokers, healthcare practitioners, financial institutions, community associations, churches, technology firms, and other businesses through a national network of more than 10,000 retail and wholesale sub-producers across all 50 states. It earns commissions from carrier partners (including Lloyd's of London coverholder capacity and multiple A.M. Best-rated carriers) while administering a portfolio exceeding $30 million in management liability business.

Product overview

Rockwood Programs is a national insurance program administrator and wholesale brokerage offering a comprehensive portfolio of professional and management liability insurance products. The company operates multiple core programs including EPLI (Employment Practices Liability Insurance) with state-specific variants like Essential EPLI for California, various E&O products for insurance agents (P&C Retail Agent E&O, Life/Accident & Health E&O, Insurance Broker/Large Retail Agent E&O, MGA/PA/Wholesaler E&O), and specialty products for healthcare (Allied Healthcare, Podiatrist), financial institutions (Bankers Defender, Financial Institutions), technology (Tech E&O), churches (Church Volunteer Liability), and insurance carriers (Carrier Liability). Supporting services include MGA Consulting, Financial, and ART Services. The company also offers Cyber Insurance as a standalone specialty product and Professional Liability Classes through its sister company Fox Point Programs.

Differentiator

Problem solved

Functional benefit

Brands

• Bankers Defender: All-in-one liability solution for banks and financial institutions covering D&O, E&O, Employment Practices, Fiduciary Responsibilities, Cyber and Privacy Risks, and Trustee Services.
• Essential EPLI
• Rockwood Specialty
• Rockwood Insurance Solutions

Products and services

• EPLI (Employment Practices Liability Insurance)

Quantifiable outcome

• Average cost of settling out-of-court for an employment claim: $75,000. Average jury award for employment-related case: $217,000. Defense costs even for frivolous lawsuits can exceed $50,000.

Segments7 records

Ideal customer profiles8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Fortegra Specialty InsurancecoreTechnology or IntegrationRockwood Programs partnered with Fortegra Specialty Insurance (A.M. Best A- 'Excellent') to offer comprehensive professional and management liability products for Financial Institutions. Fortegra provides the insurance capacity and backing for the Bankers Defender program and Essential EPLI program.
• Certain Underwriters at Lloyd's, LondoncoreTechnology or IntegrationRockwood partnered with Certain Underwriters at Lloyd's, London to offer Allied Healthcare Professional Liability Insurance. Lloyd's provides the insurance capacity backing for this product line.
• Wilson Elser Law FirmcoreImplementation/ SI/ Consulting PartnerClaims administration is provided by Wilson Elser, an internationally-recognized law firm with over 1,000 attorneys engaged in approximately 100,000 defense and coverage matters. Wilson Elser provides advocacy defense for policyholders and staffs the pre-claims hotline for various products.
• Laurdan AssociatesminorImplementation/ SI/ Consulting PartnerRockwood Programs partnered with Laurdan Associates to provide EPLI policyholders with access to employment labor law self-audits including modules on recruitment, hiring, harassment, discrimination, termination, wage & hour, and ADA issues.
• Target Markets Program Administrators Association (TMPAA)coreStrategic or Co-development PartnerTMPAA was founded in 2001 by Glenn Clark, President of Rockwood Programs. The association provides business networking, educational services, and program carrier access for program administrators and MGAs. Rockwood maintains strong engagement through this organization.
• SIAA (Strategic Insurance Agency Alliance)minorChannel Partner/ Reseller/ DistributorRockwood Programs has partnered with SIAA members for over a decade to offer professional liability products. SIAA is the nation's largest independent insurance agency alliance with over 3,500 member agencies.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Wright USA / Wright Insurance Agency (subsidiary): Wright Insurance Agency (majority-owned by Rockwood) administers federal employee insurance programs as a TPA — adjacent program-administration peer within the same corporate family, sharing operational mechanics.
• Amwins: Amwins is the largest U.S. specialty wholesale distributor and MGA, operating program business across professional and management liability lines through a national producer network — directly comparable to Rockwood's MGA/distribution model at significantly greater scale.
• Brown & Riding Insurance Services: Brown & Riding is a national wholesale brokerage and MGA with a professional liability specialty practice, distributing through retail agents — directly comparable to Rockwood's professional and management liability programs.
• Risk Placement Services (RPS): RPS is a large U.S. wholesale broker and MGA with dedicated professional and management liability practices distributed through retail agents — overlapping with Rockwood's EPLI, D&O, and E&O programs.
• Jencap Group: Jencap is a national wholesale broker and MGA with dedicated professional and management liability expertise distributed through retail agents — competing head-to-head with Rockwood for E&O/EPLI business.
• Burns & Wilcox: Burns & Wilcox is a national wholesale brokerage and MGA specializing in specialty and professional liability coverage distributed through retail producers — directly comparable to Rockwood Specialty's wholesale model.
• USG Insurance Services: USG is a national MGA and wholesale broker with strong professional liability and program administration expertise distributed through retail agents — comparable to Rockwood's program management approach.
• Constellation Affiliated Partners: Constellation is an MGA-focused platform serving independent agencies with professional and commercial lines program expertise — comparable as a peer MGA platform with distributed retail producer relationships.
• Breckenridge Insurance Group: Breckenridge acquired TMPAA (the trade association Rockwood's founder created) and operates a large program administration/MGA platform, including ISU and other agency networks — directly comparable in program administration model and MGA consulting services.
• CRC Insurance Services: CRC is a major U.S. wholesale broker and MGA distributing specialty and professional liability products to retail agents nationwide — directly comparable to Rockwood in distribution model, target customer (retail producers), and specialty liability focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

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• LinkedInlinkedin.com/company/rockwood-programs-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rockwood Programs