BrickStreet Insurance

What BrickStreet Insurance does

BrickStreet Insurance, founded in 2006 as a regional property and casualty provider anchored in the West Virginia workers' compensation market, now operates as Encova Insurance under the Encova Mutual Insurance Group, a policyholder-owned mutual that also encompasses life insurance and insurance brokerage subsidiaries. Headquartered in Columbus, Ohio, the company employs between 501 and 1,000 staff and serves both business and individual policyholders across multiple U.S. states through an appointed network of independent insurance agents and direct-to-consumer self-service portals.

The company's product portfolio is bifurcated across commercial and personal lines. Commercial offerings include Commercial Package, Commercial Umbrella, Small Business, and Workers' Compensation, complemented by Policyholder Safety Services. Personal lines are anchored by the Exceed product family covering Auto, Homeowners, Dwelling, and Umbrella, with additional standalone Automobile, Identity Theft, Property, and Recreational Vehicle coverage. Distribution is delivered through independent insurance agents using the Encova Edge agent portal, supplemented by a direct policyholder self-service portal and provider interfaces for claims processing.

Revenue is generated through insurance premiums collected from policyholders on an annual billing cadence, with pricing determined through individual risk assessment across coverage types, policy limits, and deductibles rather than published tiered pricing. The go-to-market relies primarily on agent-led distribution with policyholder self-service as a secondary engagement layer. As a mutual, ownership resides with policyholders; the company has no public listing, external investors, or disclosed funding events.

Name

BrickStreet Insurance

Legal name

Encova Mutual Insurance Group

Website

https://brickstreet.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Property and Casualty Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Commercial Umbrella Insurance (FSAJANAB)

akta.pro secondary industries

Umbrella Insurance (FSAJAMAK), Commercial Property Insurance (FSAJACAE), Large Commercial Package (National Accounts) (FSAJAFAC)

Keywords

• Property casualty insurance
• Workers compensation coverage
• Commercial insurance products
• Personal lines insurance
• Mutual insurance services

Headquarters

HQ city

Charleston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: BrickStreet Insurance generates revenue through collecting insurance premiums from policyholders for coverage across commercial lines (business insurance, workers' compensation, commercial umbrella), personal lines (automobile, property, identity theft, umbrella, recreational vehicles), and specialty products.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

BrickStreet Insurance (now operating as Encova Insurance) underwrites and distributes property and casualty insurance products across commercial and personal lines. Commercial offerings include Commercial Package, Commercial Umbrella, Small Business, and Workers' Compensation insurance, while personal lines span the Exceed product family (Auto, Homeowners, Dwelling, Umbrella) plus standalone Auto, Identity Theft, Property, and Recreational Vehicle coverage. The company distributes policies through a network of appointed independent insurance agents and serves policyholders directly via online self-service portals.

Product overview

Encova Insurance (formerly BrickStreet Insurance) offers a unified insurance platform with comprehensive product offerings for both business and personal insurance. The commercial lines portfolio includes Commercial Package, Commercial Umbrella, Small Business Insurance, and Workers' Compensation, complemented by Policyholder Safety Services. Personal lines are branded under the Exceed product family, offering Exceed Auto, Exceed Homeowners, Exceed Dwelling, and Exceed Umbrella, along with standalone Automobile, Identity Theft, Property, and Recreational Vehicles coverage. The company provides digital access through Encova Edge (agent portal) and a Policyholder Portal, creating an integrated ecosystem for agents and policyholders to manage insurance needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Package
• Commercial Umbrella
• Small Business Insurance
• Workers' Compensation
• Policyholder Safety Services
• Exceed Auto
• Exceed Homeowners
• Exceed Dwelling
• Exceed Umbrella
• Automobile Insurance
• Identity Theft Protection
• Property Insurance
• Recreational Vehicles Insurance

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Selective Insurance Group: Selective is a regional commercial-lines-focused P&C carrier selling through independent agents in the Northeast and Mid-Atlantic, comparable to BrickStreet/Encova's commercial package and umbrella emphasis.
• Cincinnati Financial: Cincinnati Financial is a Midwest-based P&C carrier with a heavy commercial and umbrella focus distributed through appointed independent agents — a near-direct analog to BrickStreet/Encova's commercial and umbrella emphasis.
• Employers Holdings: Employers is a publicly traded workers' compensation specialist selling to small and mid-sized businesses through agents and direct channels — a direct comparability point given BrickStreet/Encova's heritage and continued focus on workers' comp.
• Erie Insurance Group: Erie is a regional P&C mutual that sells personal auto/home and commercial lines through independent agents across a multi-state footprint in the eastern U.S., closely matching BrickStreet/Encova's mutual, agent-distributed, multi-line model.
• Motorists Insurance Group: Motorists is a Midwest-focused mutual P&C carrier selling personal and commercial coverage through independent agents, structurally very similar to BrickStreet/Encova as a regional mutual agent-distributed insurer.
• Donegal Group: Donegal is a regional P&C holding company underwriting personal and commercial lines through independent agents in the Mid-Atlantic and Midwest, overlapping materially with BrickStreet/Encova's geographic and product footprint.
• Westfield Insurance: Westfield is a super-regional P&C carrier selling personal and commercial lines through independent agents in the Midwest and Mid-Atlantic, overlapping directly with BrickStreet/Encova's distribution and product mix.
• Grange Insurance: Grange is a regional mutual P&C carrier operating across the Midwest and Mid-Atlantic with personal and commercial lines sold via independent agents, directly comparable to BrickStreet/Encova's mutual, agent-driven model.

Broad incumbents

• The Hartford: The Hartford is a large national P&C and benefits insurer with a substantial workers' comp and small commercial book distributed through agents; it competes with BrickStreet/Encova across overlapping product lines but at far greater scale and breadth.
• Travelers Companies: Travelers is a major national P&C carrier with broad commercial package, umbrella, and personal lines sold through agents and brokers, representing the upper-tier incumbent against which regional mutuals like BrickStreet/Encova compete on commercial accounts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/encovainsurance
• LinkedInlinkedin.com/company/140379
• Instagraminstagram.com/encovainsurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about BrickStreet Insurance