Insurance Producers Network
Insurance Producers Network (IPN) is a privately-held independent insurance agency network operating 80+ agent offices across 15+ U.S. states, distributing personal and commercial insurance products from multiple carriers on a commission basis to individual consumers and small-to-medium businesses.
- Company typePrivate
- Founded2009
- HeadquartersEden Prairie, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Insurance Producers Network does
Insurance Producers Network (IPN) is a privately-held independent insurance agency network founded in 2009 and headquartered at 100 Prairie Center Drive, Suite 220, Eden Prairie, Minnesota. The company operates as a network of independent insurance agents across more than 80 office locations spanning at least 15 U.S. states, including Minnesota, Wisconsin, Iowa, Colorado, Nebraska, Illinois, Oregon, Washington, Missouri, Arizona, South Carolina, South Dakota, Tennessee, Ohio, and Indiana. IPN distributes both personal lines insurance (auto, home, life, condo, renters, umbrella, motorcycle, boat, snowmobile, ATV, personal watercraft, seasonal dwelling, rental dwelling, mobile home, and pet coverage) and commercial lines insurance (artisan contractors, restaurant, retail, manufacturing, distributors, trucking, dealers, professional offices, medical offices, habitational, commercial real estate, education, religious groups, non-profits, athletic leagues, and golf courses).
IPN's core business model is commission-based: as an independent agency, it represents multiple insurance carriers and earns transaction fees on policies placed through its agent network. The value proposition centers on comparing coverage and prices across carriers to recommend optimal programs for each customer, delivered through face-to-face local service. Corporate-level staffing of 51-100 employees supports the network, while the 80+ office locations are primarily operated as independent agent franchises or affiliates rather than corporate branches. Lead generation relies on organic social channels (LinkedIn, Facebook, Twitter, Google+), an educational blog, and consumer-facing video content. No proprietary technology platform, AI capabilities, or digital underwriting tools are disclosed.
Revenue mechanics are entirely commission-driven, with personalized quoting (not publicly disclosed pricing) and an online quote-request form hosted on 1fort.com. The company has no disclosed parent company, institutional investors, or acquisition history. Its operating footprint is regional across the Midwest, Mountain West, Southeast, and Pacific Northwest, but it does not claim a global footprint. Customer base consists of individual consumers for personal lines and small-to-medium businesses for commercial lines, with "thousands of clients" served since inception and the personal lines operations claiming more than two decades of cumulative expertise within the network.
Insurance Producers Network firmographics
Firmographics- Name
- Insurance Producers Network
- Legal name
- Insurance Producers Network, Inc.
- Website
- https://myipnagent.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Insurance Producers Network (IPN) is a privately-held independent insurance agency network operating 80+ agent offices across 15+ U.S. states, distributing personal and commercial insurance products from multiple carriers on a commission basis to individual consumers and small-to-medium businesses.
- Ownership category
- akta.pro rank
Insurance Producers Network industry classification
Industry- Product category
- Insurance 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
- Insurance Leads, Introducers & Referral Networks (FSAEAMAB)
- akta.pro secondary industry
- Individual Health Insurance Brokerage & Distribution (FSAIAEAL)
Keywords
Where Insurance Producers Network is headquartered
LocationHeadquarters
- HQ city
- Eden Prairie
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Insurance Producers Network business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance commissions: IPN operates as an independent insurance agency representing multiple insurance companies. Revenue is generated through commissions earned on insurance policies sold through their network of independent agents across 80+ locations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Insurance Producers Network product offering
Product offeringCore offering
Insurance Producers Network is an independent insurance agency network that places personal and commercial insurance coverage for clients by comparing policies from multiple carrier partners. Through 80+ independent agent offices, the company sells personal lines products (auto, home, life, umbrella, specialty vehicles, pet, etc.) to individuals and families and commercial lines products (contractors, restaurants, retail, manufacturing, trucking, habitational, real estate, education, non-profits, etc.) to small and medium businesses. Revenue is generated through commissions earned on policies sold through the agent network.
Product overview
Insurance Producers Network (IPN) is an independent insurance agency network offering two main product lines: Personal Lines Insurance and Commercial Lines Insurance. Personal Lines includes auto, home, life, condo, renters, umbrella, motorcycle, boat, snowmobile, ATV, personal watercraft, seasonal dwelling, rental dwelling, mobile home, and pet coverage. Commercial Lines covers artisan contractors, restaurants, retail, manufacturing, distributors, trucking, dealers, professional offices, medical offices, habitational, commercial real estate, education, religious groups, non-profits, athletic leagues, and golf courses. IPN operates as a network of independent agents across 80+ office locations in 16 states, comparing coverage and prices from multiple insurance carriers to recommend the best program for each client. The company also provides an online quote request form for new business inquiries.
Differentiator
Problem solved
Functional benefit
Companies that use Insurance Producers Network
Customer profileSegments2 records
Ideal customer profiles2 records
Insurance Producers Network technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Insurance Producers Network partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights5 records
Insurance Producers Network competitors and assessment
Company assessmentBroad incumbents
- Brown & Brown: Publicly traded insurance broker and risk management firm operating across the U.S. Similar independent agency distribution model to IPN but with national scale and broader specialty lines.
- Acrisure: Large private insurance brokerage operating across the U.S. with both retail agency and wholesale operations. Comparable to IPN's independent agency model but at substantially larger scale and broader product breadth.
- Hub International: Large global insurance brokerage distributing personal and commercial lines through a broad agent network. Comparable to IPN's distribution model but operates at much larger scale across more geographies and product lines.
- Marsh & McLennan Agency: U.S. middle-market insurance brokerage subsidiary of Marsh McLennan. Distributes personal and commercial lines through regional offices in a manner comparable to IPN but with greater carrier leverage and scale.
- Arthur J. Gallagher & Co. Global insurance brokerage and risk management services firm operating a large retail agency network. Comparable distribution model to IPN's independent agency structure but with national and international scale.
Direct peers
- HighStreet Insurance Partners: PE-backed independent insurance agency network distributing through partner agents across multiple states. Directly comparable to IPN's independent agent network model and commission economics.
- Keystone Agency Partners: PE-backed consolidator of independent insurance agencies across the U.S. Operates a network model similar to IPN with carrier-agnostic agents distributing personal and commercial lines.
- AssuredPartners: Large PE-backed independent insurance agency network distributing personal and commercial lines through regional offices. Comparable to IPN's multi-state agency model and commission-based revenue, though at materially larger scale.
- Goosehead Insurance: Publicly traded independent insurance agency that distributes personal lines through a network of franchise agents across multiple U.S. states. Closest direct comparable to IPN given the carrier-agnostic agency model and geographic agent network structure.
- Patriot Growth Insurance Services: PE-backed insurance agency platform operating across multiple states with personal and commercial lines. Closely comparable to IPN's independent agency network structure and multi-state geographic footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Insurance Producers Network social profiles
Digital presenceInsurance Producers Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Insurance Producers Network leadership team
Management profileNumber of profiles
Insurance Producers Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Insurance Producers Network 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 Insurance Producers Network
What does Insurance Producers Network do?
Insurance Producers Network is an independent insurance agency network that places personal and commercial insurance coverage for clients by comparing policies from multiple carrier partners. Through 80+ independent agent offices, the company sells personal lines products (auto, home, life, umbrella, specialty vehicles, pet, etc.) to individuals and families and commercial lines products (contractors, restaurants, retail, manufacturing, trucking, habitational, real estate, education, non-profits, etc.) to small and medium businesses. Revenue is generated through commissions earned on policies sold through the agent network.
Is Insurance Producers Network a public or private company?
Insurance Producers Network is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Insurance Producers Network founded?
Insurance Producers Network was founded in 2009. It employs 51 to 100 people.
Where is Insurance Producers Network based?
Insurance Producers Network is headquartered in Eden Prairie, United States, in the North America region.
How does Insurance Producers Network make money?
One revenue line is on record: insurance commissions.
Who are Insurance Producers Network's main competitors?
Broad incumbents on record are Brown & Brown, Acrisure, Hub International, Marsh & McLennan Agency and Arthur J. Gallagher & Co.. Direct peers are HighStreet Insurance Partners, Keystone Agency Partners, AssuredPartners, Goosehead Insurance and Patriot Growth Insurance Services.
Does Insurance Producers Network have an API?
No public API is recorded for Insurance Producers Network.
What industry is Insurance Producers Network in?
Insurance Producers Network's product category is Insurance Brokerage. Its primary akta.pro industry code is FSAEAMAB, Insurance Leads, Introducers & Referral Networks, with a secondary code of FSAIAEAL, Individual Health Insurance Brokerage & Distribution. Its NAICS code is 524210 and its SIC code is 6411.