Verity Insurance
- Company typePrivate
- Founded2000
- HeadquartersCovina, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
Verity Insurance firmographics
Firmographics- Name
- Verity Insurance
- Legal name
- Verity Insurance Services, Inc.
- Website
- https://verityinsurance.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where Verity Insurance is headquartered
LocationHeadquarters
- HQ city
- Covina
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Verity Insurance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Insurance Brokerage Services: Verity Insurance operates as an independent insurance broker providing commercial insurance and health benefits. The company earns commissions from insurance carriers for placing coverage on behalf of clients. Revenue is generated through policy premiums placed with various insurance carriers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based insurance solutions |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Verity Insurance product offering
Product offeringCore offering
Verity Insurance is an independent insurance brokerage providing commercial insurance and health benefits to businesses, with specialized expertise in the consumer electronics and manufacturing industries. The firm offers business insurance, employee benefits, retirement services, personal insurance, private client (high net worth) coverage, risk management services, and HR/technology consulting, operating as a full-service multi-line agency within HUB International.
Product overview
Verity Insurance (originally founded in 2000 as Verity Insurance Services, Inc.) operates as a multi-line insurance agency within HUB International. The company offers a comprehensive insurance portfolio organized into six core product lines: Business Insurance (commercial coverage including property, casualty, auto, workers' comp, cyber, and professional liability), Employee Benefits (health benefits, voluntary benefits, strategic planning), Retirement Services (401k plans, fiduciary management), People & Technology Consulting (HRIS, compensation consulting, organizational change), Personal Insurance (auto, home, health, travel), Private Client (high net worth solutions), and Risk Services (claims management, crisis response). The firm specializes in consumer electronics and manufacturing industries, providing both commercial and individual insurance solutions through a full-service agency model.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Insurance
Quantifiable outcome
- Verity takes pride in response time and makes every effort to meet clients' many needs
Companies that use Verity Insurance
Customer profileSegments4 records
Ideal customer profiles4 records
Verity Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Verity Insurance partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- HUB InternationalcoreVerity Insurance was originally founded in 2000 and has since become part of HUB International, one of the largest insurance brokerages in North America. HUB International provides Verity with access to broader resources, carrier relationships, technology platforms, and brand recognition while Verity contributes specialized expertise in consumer electronics and manufacturing industries.
Recent moves3 records
Expansion highlights3 records
Verity Insurance competitors and assessment
Company assessmentBroad incumbents
- HUB International: The parent company and one of the largest North American insurance brokerages. Directly comparable because Verity now operates as a HUB location, sharing the same multi-line product portfolio and broker distribution model.
- Arthur J. Gallagher & Co. Major global insurance brokerage with a broad product portfolio covering commercial, benefits, and risk management. Comparable to Verity in product breadth and broker distribution model.
- Marsh McLennan: Global insurance brokerage and risk advisory firm. Comparable to Verity in core brokerage services including commercial insurance placement, risk management, and benefits consulting.
- Aon: Global insurance brokerage and advisory firm offering commercial insurance, reinsurance, and benefits solutions. Comparable to Verity in offering a multi-line insurance distribution platform.
- Lockton: Largest privately held insurance brokerage in the world. Comparable to Verity due to independent broker model, multi-line offerings, and commercial/benefits focus.
Direct peers
- Brown & Riding Insurance Services: Specialty insurance brokerage with deep expertise in niche industries. Comparable to Verity because both are specialty brokers focused on specific industry verticals with multi-carrier access.
- Alliant Insurance Services: Specialty insurance brokerage offering commercial, personal, and employee benefits solutions across industry verticals. Directly comparable to Verity in product breadth and target market mix.
- RPS Insurance Brokerage: Specialty insurance brokerage focused on niche industry verticals. Comparable to Verity in positioning as a specialty broker providing industry-specific expertise and multi-carrier market access.
Regional players
- Keenan & Associates: California-headquartered insurance brokerage and consulting firm. Comparable because both serve California-based clients with similar multi-line offerings including employee benefits.
- Woodruff-Sawyer & Company: West Coast-based commercial insurance brokerage. Comparable to Verity due to similar geography, commercial and personal lines focus, and mid-market client base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Verity Insurance social profiles
Digital presenceVerity Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Verity Insurance leadership team
Management profileNumber of profiles
Verity Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Verity Insurance 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 Verity Insurance
What does Verity Insurance do?
Verity Insurance is an independent insurance brokerage providing commercial insurance and health benefits to businesses, with specialized expertise in the consumer electronics and manufacturing industries. The firm offers business insurance, employee benefits, retirement services, personal insurance, private client (high net worth) coverage, risk management services, and HR/technology consulting, operating as a full-service multi-line agency within HUB International.
Is Verity Insurance a public or private company?
Verity Insurance is a private company. It is classified as corporate owned and is currently acquired.
When was Verity Insurance founded?
Verity Insurance was founded in 2000. It employs 11 to 50 people.
Where is Verity Insurance based?
Verity Insurance is headquartered in Covina, United States, in the North America region.
How does Verity Insurance make money?
One revenue line is on record: insurance Brokerage Services.
Who are Verity Insurance's main competitors?
Broad incumbents on record are HUB International, Arthur J. Gallagher & Co., Marsh McLennan, Aon and Lockton. Direct peers are Brown & Riding Insurance Services, Alliant Insurance Services and RPS Insurance Brokerage. Regional players are Keenan & Associates and Woodruff-Sawyer & Company.
Does Verity Insurance have an API?
No public API is recorded for Verity Insurance.