Select Brokers

Insurance Brokerage Servicesselectbrokers.net

Company typePrivate
Founded2006
HeadquartersMidlothian, United States
Headcount1–10
GTM typeB2B
OfferingServices

Select Brokers firmographics

Firmographics

Name: Select Brokers
Legal name: Select Brokers, LLC
Website: https://selectbrokers.net
Company type: Private
Founded year: 2006
Operating status: Operating
Headcount range: 1–10 employees
Ownership category
akta.pro rank

Select Brokers industry classification

Industry

Product category: Insurance Brokerage Services
NAICS: Insurance Agencies and Brokerages (52421)
SIC: Insurance Agents, Brokers & Service (6411)
akta.pro primary industry: Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

Keywords

Life insurance brokerage
Insurance BGA services
Disability income insurance
Long-term care insurance
Annuity product distribution

Where Select Brokers is headquartered

Location

Headquarters

HQ city: Midlothian
HQ country: United States
HQ region: North America

Offices1 record

Markets served

Select Brokers business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

Insurance Brokerage Commissions: Select Brokers generates revenue by earning commissions from insurance carriers for placing life insurance, disability income, long-term care insurance, and annuity products through their network of independent broker partners.

Pricing tiers

Model	Billing	Price
Other	Multi-year contract	Quote-based insurance and annuity products

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Select Brokers product offering

Product offering

Core offering

Select Brokers is a full-service independent Brokerage General Agency (BGA) that provides financial service professionals and licensed insurance advisors with access to Life Insurance, Disability Income Insurance, Long-Term Care Insurance, and Annuities through partnerships with 17+ leading insurance carriers. The company also delivers licensing and contracting support, underwriting, case consultation, plan design, new business submission, case management, and advanced marketing services covering business, personal, and estate planning.

Product overview

Select Brokers is a full-service independent Brokerage General Agency (BGA) that provides financial service professionals with access to a comprehensive portfolio of insurance and financial products. The core offering consists of Life Insurance products from multiple major carriers (AIG, American National, AXA, Brighthouse, John Hancock, Lincoln National, Mutual of Omaha, Nationwide, North American, Pacific Life, Penn Mutual, Principal, Protective, Prudential, Securian, Symetra, Transamerica), along with Disability Income Insurance (individual and business DI products), Long Term Care Insurance (traditional and linked-benefit plans), and Annuities (multi-year guarantee, indexed, immediate income, and Medicaid-qualified). The Advanced Marketing Department provides add-on planning services including Business Planning, Personal Planning, and Estate Planning. Licensing and Contracting support is also provided to onboard new advisor partners.

Differentiator

Problem solved

Functional benefit

Products and services

Life Insurance Distribution Term and Universal Life insurance offerings distributed through Select Brokers from 17+ carriers including AIG/American General, American National, AXA, Brighthouse, John Hancock, Lincoln National, Mutual of Omaha, Nationwide, North American, Pacific Life, Penn Mutual, Principal, Protective, Prudential, Securian/Minnesota Life, Symetra, and Transamerica; offered to licensed financial advisors and insurance brokers placing coverage for their end clients.
Individual Disability Income Insurance Distribution Individual DI products including high-limit plans for executives and professionals, multi-life premium discounts, group LTD wrap-around plans, simplified and guaranteed issue plans, disability income retirement plans, and blue-collar/government employee plans; sold to licensed advisors and brokers serving individual clients.
Business Disability Income Insurance Distribution Business-oriented DI products including Business Overhead Expense plans, Key Employee DI, and Business Loan Protection plans; sold to licensed advisors serving small and mid-market business clients.
Traditional Long-Term Care Insurance Distribution Individual LTC insurance offered exclusively through Mutual of Omaha, providing coverage for extended care needs; distributed to licensed advisors and brokers placing policies for individual clients.
Linked-Benefit LTC Plans Distribution Hybrid life insurance and long-term care solutions, including Life Insurance with LTC Riders and Asset Transfer LTC Plans; offered to licensed advisors and brokers across multiple carrier partners.
Annuities Distribution Multi-Year Guarantee Annuities, Indexed Annuities, Single Premium Immediate Income Annuities, Single Premium Deferred Income Annuities/QLACs, and Medicaid Qualified Annuities; distributed to licensed advisors and brokers placing annuity products for their end clients.
Advanced Marketing and Planning Services Consultative planning services covering Business Succession Planning, Key Person Planning, Select Executive Compensation, Retirement Planning, Special Needs Planning, Charitable Planning, Trust Planning, Family Limited Partnerships (FLP), and Private Split Dollar arrangements; delivered to licensed advisors and brokers to support advanced sales cases.
Licensing and Contracting Support Licensing and contracting services that onboard financial service professionals as contracted advisors with the BGA's 17+ insurance carriers, enabling single-point access to the carrier portfolio.

Companies that use Select Brokers

Customer profile

Segments1 record

Ideal customer profiles1 record

Select Brokers technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Select Brokers partnerships and signals

Strategic signal

Partnerships

17 partnerships are on record, tiered core.

AIG/American GeneralcoreOthersLife insurance carrier partner offering term and permanent life insurance products through Select Brokers' broker network.
American NationalcoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
AXAcoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
BrighthousecoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
John HancockcoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
Lincoln NationalcoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
Mutual of Omaha/United OmahacoreOthersPrimary long-term care insurance partner since 1987, offering traditional LTCI and Linked Benefit plans. Mutual of Omaha has extensive LTCI experience with flexible, high-quality products and fair underwriting. Used exclusively for traditional LTCI products.
NationwidecoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
North AmericancoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
Pacific LifecoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
Penn MutualcoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
PrincipalcoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
ProtectivecoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
PrudentialcoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
Securian/Minnesota LifecoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
SymetracoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.
TransamericacoreOthersLife insurance carrier partner available through Select Brokers' independent broker distribution channel.

Scale indicators1 record

Recent moves5 records

Expansion highlights2 records

Select Brokers competitors and assessment

Company assessment

Broad incumbents

Integrity Marketing Group: Largest U.S. independent distributor of life and health insurance and annuities, operating a multi-carrier BGA platform. Directly comparable as a BGA serving independent advisors with multi-carrier life, DI, LTC, and annuity products, but at materially greater scale with active acquisition strategy.
AmeriLife: Large national insurance distribution company aggregating independent BGAs and IMOs across life, health, annuities, and retirement products. Comparable BGA/IMO business model with multi-carrier advisor support services.

Direct peers

Ritter Insurance Marketing: Independent Brokerage General Agency (BGA) and Field Marketing Organization (FMO) offering life, health, Medicare, and annuity products to independent agents. Direct BGA peer with similar multi-carrier distribution model serving licensed advisors.
Word & Brown: California-based insurance broker general agency and general agent providing group and individual life, health, and ancillary products through brokers. Comparable BGA model offering multi-carrier access and back-office support to producer partners.
CreativeOne: Independent Brokerage General Agency focused on life insurance, annuities, and senior market products distributed through independent agents. Direct BGA peer with comparable multi-carrier life and annuity focus.
M&O Marketing: Independent marketing organization and BGA distributing life insurance, annuities, and disability income products to independent producers. Highly comparable multi-carrier BGA model with similar product mix.
Symmetry Financial Group: Insurance distributor offering life insurance, retirement, and disability products through a national network of agents. Comparable BGA/IMO distribution model with multi-carrier access for independent producers.
Asset Marketing Services: Insurance marketing organization serving independent agents with life insurance, annuities, and retirement planning products. Direct BGA/IMO peer with similar multi-carrier distribution approach.
Hegemon Group: Independent Brokerage General Agency providing life insurance, DI, LTC, and annuity products to financial professionals. Closely comparable BGA structure, product mix, and advisor-focused service model.
DGI Insurance Marketing: Independent marketing organization and BGA offering life insurance, annuities, disability, and long-term care products to insurance producers. Direct BGA peer with multi-carrier contracting and case support services.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Select Brokers financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Select Brokers leadership team

Management profile

Number of profiles

Profiles1 record

Select Brokers funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Select Brokers M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Select Brokers

What does Select Brokers do?

Is Select Brokers a public or private company?

Select Brokers is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Select Brokers founded?

Select Brokers was founded in 2006. It employs 1 to 10 people.

Where is Select Brokers based?

Select Brokers is headquartered in Midlothian, United States, in the North America region.

How does Select Brokers make money?

One revenue line is on record: insurance Brokerage Commissions.

Who are Select Brokers's main competitors?

Broad incumbents on record are Integrity Marketing Group and AmeriLife. Direct peers are Ritter Insurance Marketing, Word & Brown, CreativeOne, M&O Marketing, Symmetry Financial Group, Asset Marketing Services, Hegemon Group and DGI Insurance Marketing.

Does Select Brokers have an API?

No public API is recorded for Select Brokers.

What industry is Select Brokers in?

Select Brokers's product category is Insurance Brokerage Services. Its primary akta.pro industry code is FSAEADAA, Retail (Personal Lines) Insurance Brokerage. Its NAICS code is 52421 and its SIC code is 6411.