Next Level Insurance Agency
- Company typePrivate
- Founded2016
- HeadquartersAddison, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Next Level Insurance Agency firmographics
Firmographics- Name
- Next Level Insurance Agency
- Legal name
- Next Level Insurance Agency, LLC
- Website
- https://nextlevel.agency
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Next Level Insurance Agency industry classification
Industry- Product category
- Employee Benefits Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Individual Health Insurance Brokerage & Distribution (FSAIAEAL)
- akta.pro secondary industries
- Compliance, Reporting & Regulatory Administration (ERISA/ACA/No Surprises) (HLAEALAJ), Ancillary Benefits TPA (Dental/Vision/Life/Accident/Critical Illness) (HLAEALAN)
Keywords
Where Next Level Insurance Agency is headquartered
LocationHeadquarters
- HQ city
- Addison
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Next Level Insurance Agency business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Technology or R&D, Operations, Others
Revenue model
- Insurance Brokerage/Commission Revenue: Next Level Insurance Agency operates as an insurance brokerage, earning commissions on employee benefits packages sold to client organizations. They provide custom benefit packages and act as intermediaries between employers and insurance carriers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Customized benefit packages tailored to each organization's needs |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Next Level Insurance Agency product offering
Product offeringCore offering
Next Level Insurance Agency is an insurance brokerage that designs, administers, and manages custom employee benefits packages for organizations across multiple industries. Service is delivered through the proprietary 7-step Elevate Process covering plan design, market analysis, underwriting, implementation, claims management, employee education, HR resources, and compliance support. The company earns commissions on benefits products placed with carriers and operates from Addison, TX with national scope.
Product overview
Next Level Insurance Agency offers a comprehensive employee benefits management service built around their proprietary Elevate Process—a 7-step methodology encompassing Custom Plan Design, Benefit Administration, Claims Management, Employee Education, Employee Advocacy, Human Resources Support, and Compliance Services. The company also provides specialized Insurance Technology Solutions and sector-specific offerings for Hospitality, Nonprofit, and Construction industries, as well as Medicare Support through a partner. The portfolio represents a unified service offering rather than a software platform, focused on managing risk, optimizing benefits, and improving employee engagement.
Differentiator
Problem solved
Functional benefit
Products and services
- Elevate Process Proprietary 7-step employee benefits management methodology covering Discovery & Planning, Data Gather, Market Analysis & Negotiation, Solution Presentation, Finalize Underwriting, Strategy Implementation, and Ongoing Management. Sold to client organizations seeking custom benefits strategy and ongoing administration.
- Custom Plan Design Employee benefits strategy design service that considers industry, culture, market, claims, and technology to create customized benefit packages for client organizations.
- Benefit Administration Technology-enabled enrollment process and payroll integration services for seamless benefits administration for client employers.
- Claims Management Claims issue resolution service with timely response and direct carrier outreach to rectify problems on behalf of employees.
- Employee Education and Advocacy Benefits literacy program that educates employees on their benefits package and serves as a first-to-call resource for plan participants to answer questions, deal with insurance claims, and support employees on their medical journey.
- Human Resources Support Access to HR resources, guidance tools, attorney-reviewed content, employee handbook creation assistance, and training course library for client organizations.
- Compliance Services Education on IRS and DOL filing requirements to help client organizations remain compliant with regulatory obligations.
- Medicare Support Medicare insurance solutions offered through partner Dana Call, providing Medicare Advantage healthcare consulting and agent services to clients and employees; offered via a contracted Medicare partner.
Quantifiable outcome
- Hundreds of employers and tens of thousands of employees achieved better outcomes to health, wellbeing, and reduced spend
Companies that use Next Level Insurance Agency
Customer profileNamed customers2 records
Segments11 records
Ideal customer profiles3 records
Next Level Insurance Agency technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Next Level Insurance Agency partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- H&G SystemsminorH&G Systems is a President Grant Y-led company that has partnered with Next Level Insurance for several years. Next Level serves as their trusted advisor for insurance options analysis and benefits challenges. The partnership demonstrates long-term relationship building approach.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Next Level Insurance Agency competitors and assessment
Company assessmentDirect peers
- Holmes Murphy: Independent employee benefits and risk management brokerage with strong employer-services orientation, similar size-band and vertical specialization. Closely comparable in service mix (benefits, advocacy, communications) and entrepreneurial culture.
- The Kafoury Armstrong Company: Texas-based independent employee benefits brokerage serving small-to-mid employers across multiple verticals. Similar size, regional concentration and benefits-brokerage service mix to Next Level, particularly relevant as a Dallas-area peer.
- Leavitt Group: Mid-market insurance agency/brokerage with multi-vertical employer benefits expertise and strong presence across the U.S. Similar mid-sized brokerage focused on employer benefits, risk management and HR advisory for small-to-mid employers.
Broad incumbents
- Hub International: Insurance brokerage providing employee benefits, commercial and personal insurance across North America. Closely comparable business model (commission-based brokerage), with scale advantage and broader carrier relationships.
- Brown & Brown: Large publicly traded insurance broker with strong employer benefits practice serving mid-market employers. Closely comparable in target customer and benefits brokerage services, with much broader geographic and product reach.
- USI Insurance Services: Top-10 U.S. insurance brokerage serving mid-market and large employers with property/casualty, employee benefits and retirement consulting. Comparable in targeting employer benefits accounts but operating at much greater scale and vertical breadth.
- Acrisure: Fast-growing, tech-enabled insurance brokerage serving businesses and individuals across benefits, P&C and wealth. Overlapping employer benefits placement model with very large national scale.
- OneDigital: Large national employee benefits and HR consulting brokerage with full-service capabilities. Direct competitor in the group benefits brokerage space serving small-to-mid-market employers across multiple verticals, with significantly deeper resources.
- NFP (an Aon company): Comprehensive insurance brokerage and advisory serving mid-market employers with benefits, retirement and P&C. Overlapping customer base and brokerage model with significantly broader national footprint post-Aon acquisition.
Emerging players
- Lighthouse Benefits Group: Independent employee benefits brokerage offering custom plan design, administration and advocacy for small-to-mid employers. Comparable boutique brokerage model with emphasis on client experience and custom solutions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Next Level Insurance Agency financial estimates
Financial estimateRevenue estimate
Valuation estimate
Next Level Insurance Agency leadership team
Management profileNumber of profiles
Profiles11 records
Next Level Insurance Agency funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Next Level Insurance Agency M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Next Level Insurance Agency
What does Next Level Insurance Agency do?
Next Level Insurance Agency is an insurance brokerage that designs, administers, and manages custom employee benefits packages for organizations across multiple industries. Service is delivered through the proprietary 7-step Elevate Process covering plan design, market analysis, underwriting, implementation, claims management, employee education, HR resources, and compliance support. The company earns commissions on benefits products placed with carriers and operates from Addison, TX with national scope.
Is Next Level Insurance Agency a public or private company?
Next Level Insurance Agency is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Next Level Insurance Agency founded?
Next Level Insurance Agency was founded in 2016. It employs 1 to 10 people.
Where is Next Level Insurance Agency based?
Next Level Insurance Agency is headquartered in Addison, United States, in the North America region.
How does Next Level Insurance Agency make money?
One revenue line is on record: insurance Brokerage/Commission Revenue.
Who are Next Level Insurance Agency's main competitors?
Direct peers on record are Holmes Murphy, The Kafoury Armstrong Company and Leavitt Group. Broad incumbents are Hub International, Brown & Brown, USI Insurance Services, Acrisure, OneDigital and NFP (an Aon company). Lighthouse Benefits Group is listed as an emerging player.
Does Next Level Insurance Agency have an API?
No public API is recorded for Next Level Insurance Agency.
What industry is Next Level Insurance Agency in?
Next Level Insurance Agency's product category is Employee Benefits Brokerage. Its primary akta.pro industry code is FSAIAEAL, Individual Health Insurance Brokerage & Distribution, with a secondary code of HLAEALAJ, Compliance, Reporting & Regulatory Administration (ERISA/ACA/No Surprises). Its NAICS code is 524210 and its SIC code is 6411.