Farris Insurance Agency
Farris Insurance Agency is a Springdale, Arkansas-based independent insurance agency founded in 1973, distributing commercial and personal lines from 30+ carriers to businesses and individuals across Northwest Arkansas, with a specialization in the regional poultry industry.
- Company typePrivate
- Founded1973
- HeadquartersSpringdale, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Farris Insurance Agency does
Farris Insurance Agency is an independent insurance agency founded in 1973 and headquartered in Springdale, Arkansas. The agency distributes insurance products on behalf of more than 30 carriers — including national carriers such as CHUBB, Travelers, Hartford, Liberty Mutual, Nationwide, Progressive, Zurich, and Berkshire Hathaway as well as regional and specialty carriers (Acuity, AgriRisk, Amerisafe, Everett Cash Mutual, Foremost, Hagerty, Cincinnati, Columbia, EMC, FCCI, Church Mutual, Markel, Mid Continent, MiniCo, Philadelphia, Safeco, Southern Pioneer, State Auto, Summit, USLI, Berkley Aspire, Berkshire Guard, Auto Owners) — and earns commissions on policies sold. The product catalog spans 30+ coverage types organized across Commercial Insurance (General Liability, Professional Liability/E&O, Commercial Property, BOP, Workers' Compensation, Commercial Auto, Cyber Liability, D&O, Manufacturing, Trucking, Builders Risk, Bonds, Supply Chain Disruption, Agriculture/Farm, Commercial Umbrella, Product Liability, Business Interruption), Personal Lines (Auto, Homeowners, Condominium, Motorcycle, Recreational Vehicle, Watercraft, Renters), Health, Life, Mexico Insurance, Flood, and an in-house Risk Management advisory service, with a documented specialization in the Northwest Arkansas poultry industry.
The go-to-market is sales-led and relationship-driven, with personalized service, free quotes, and a multi-channel marketing footprint spanning a content website, blog, social media (Facebook, LinkedIn, Twitter, Google), Google reviews, and a referral program. Distribution is regional — direct agent sales, phone sales, and inbound website quote requests — serving individuals, families, and businesses in Springdale, Fayetteville, Bentonville, Rogers, Siloam Springs, and the broader Northwest Arkansas area. The agency employs more than twenty staff split across commercial business development, commercial lines service, personal lines service, and risk management functions. Pricing is quote-based (no publicly disclosed premium rates) with monthly billing, and revenue is generated through carrier commissions on each bound policy. The company is privately held with no parent company, no institutional investor backing, and no disclosed funding events, having grown organically from three founding employees in 1973 to its current headcount by 2023.
Farris Insurance Agency firmographics
Firmographics- Name
- Farris Insurance Agency
- Legal name
- Farris Insurance Agency
- Website
- https://farrisinsurance.com
- Company type
- Private
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Farris Insurance Agency is a Springdale, Arkansas-based independent insurance agency founded in 1973, distributing commercial and personal lines from 30+ carriers to businesses and individuals across Northwest Arkansas, with a specialization in the regional poultry industry.
- Ownership category
- akta.pro rank
Farris Insurance Agency industry classification
Industry- Product category
- Insurance Agency Services
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
Keywords
Where Farris Insurance Agency is headquartered
LocationHeadquarters
- HQ city
- Springdale
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Farris Insurance Agency business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Insurance Commissions: As an independent insurance agency, Farris Insurance Agency earns commissions from insurance carriers for policies sold. Their access to a wide variety of carriers allows them to provide best services at competitive prices.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based insurance pricing tailored to individual needs |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Farris Insurance Agency product offering
Product offeringCore offering
Farris Insurance Agency is an independent insurance agency that sells commercial and personal lines insurance products on behalf of more than 30 insurance carriers, with a primary commercial focus and particular expertise in the poultry and agriculture industry in Northwest Arkansas. It earns revenue through carrier commissions on placed policies and supplements placement with in-house risk management advisory services.
Product overview
Farris Insurance Agency is a full-service independent insurance agency founded in 1973, serving Northwest Arkansas from its Springdale headquarters. The company offers a comprehensive portfolio of insurance products through two main categories: Commercial Insurance (including Agriculture, Bonds, Business Interruption, Builders Risk, BOP, Commercial Auto, Commercial Property, Commercial Umbrella, Cyber Liability, D&O, E&O, Farm, General Liability, Manufacturing, Product Liability, Professional Liability, Supply Chain, Trucking, and Workers' Compensation) and Personal Lines Insurance (including Auto, Homeowners, Condominium, Motorcycle, Recreational Vehicle, Watercraft, Renters, Health, Life, and Mexico Insurance). As an independent agency, Farris accesses over 30 insurance carriers including Acuity, AgriRisk, Amerisafe, CHUBB, Hartford, Liberty Mutual, Nationwide, Progressive, and Zurich to provide tailored coverage solutions. The company specializes in commercial insurance with particular expertise in the poultry industry, while also offering individual coverage, life, health, and employee benefit programs.
Differentiator
Problem solved
Functional benefit
Products and services
- Agriculture Insurance
- Bonds
- Business Interruption Insurance
- Builders Risk Insurance
- Business Owners Policy (BOP) Insurance
- Commercial Auto Insurance
- Commercial Property Insurance
- Commercial Umbrella Insurance
- Cyber Liability Insurance
- Directors and Officers Liability Insurance
- Errors and Omissions Insurance
- Farm Insurance
- General Liability Insurance
- Manufacturing Insurance
- Product Liability Insurance
- Professional Liability Insurance
- Insurance for Supply Chain Disruptions
- Trucking Insurance
- Workers' Compensation Insurance
- Auto Insurance
- Homeowners Insurance
- Condominium Insurance
- Motorcycle Insurance
- Recreational Vehicle Insurance
- Watercraft & Boat Insurance
- Renters Insurance
- Health Insurance
- Life Insurance
- Mexico Insurance
- Flood Insurance
- Risk Management
Quantifiable outcome
- Saved customers several thousand dollars on homeowners and auto insurance
Companies that use Farris Insurance Agency
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Farris Insurance Agency technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Farris Insurance Agency partnerships and signals
Strategic signalPartnerships
31 partnerships are on record, tiered core.
- AcuitycoreInsurance carrier partner providing property and casualty insurance products through Farris Insurance Agency's distribution network.
- AgriRiskcoreAgriculture-focused insurance carrier partner serving farm and agricultural insurance needs.
- AmerisafecoreInsurance carrier partner providing workers compensation and other commercial insurance products.
- Auto OwnerscoreRegional insurance carrier providing auto, home, and commercial insurance products.
- Berkley AspirecoreInsurance carrier partner providing commercial insurance solutions.
- Berkshire GuardcoreInsurance carrier providing property and casualty coverage.
- Berkshire HathawaycoreMajor insurance carrier partner underwritten by Berkshire Hathaway offering comprehensive insurance products.
- CHUBBcorePremier insurance carrier providing high-value personal and commercial insurance products.
- Church MutualcoreInsurance carrier specializing in coverage for religious organizations and institutions.
- Cincinnati Insurance CompanycoreRegional insurance carrier providing business and personal insurance products.
- Columbia Insurance GroupcoreInsurance carrier partner providing commercial and personal insurance products.
- EMC InsurancecoreInsurance carrier providing commercial property and casualty coverage.
- Everett Cash MutualcoreRegional insurance carrier providing farm and commercial insurance products.
- FCCI Insurance GroupcoreInsurance carrier providing commercial lines coverage.
- ForemostcoreInsurance carrier providing specialty insurance products including mobile home and flood coverage.
- HagertycoreInsurance carrier specializing in classic car and collector vehicle insurance.
- HartfordcoreMajor insurance carrier providing business and employee benefits insurance.
- Liberty MutualcoreNational insurance carrier providing personal and commercial insurance products.
- MarkelcoreInsurance carrier providing specialty insurance products including motorcycle and RV coverage.
- Mid Continent GroupcoreRegional insurance carrier providing commercial and agricultural insurance products.
- MiniCocoreInsurance carrier providing specialty insurance products.
- NationwidecoreNational insurance carrier providing comprehensive personal and commercial insurance products.
- Philadelphia Insurance CompaniescoreInsurance carrier providing specialized coverage for healthcare, social service, and other industries.
- ProgressivecoreMajor insurance carrier providing auto and commercial insurance products.
- SafecocoreInsurance carrier providing personal insurance products through independent agents.
- Southern PioneercoreRegional insurance carrier serving the southern United States.
- State AutocoreRegional insurance carrier providing personal and commercial insurance products.
- SummitcoreInsurance carrier providing commercial and personal insurance products.
- TravelerscoreMajor insurance carrier providing comprehensive commercial and personal insurance products.
- USLIcoreInsurance carrier providing specialty lines coverage including small business insurance.
- ZurichcoreGlobal insurance carrier providing commercial and specialty insurance products.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Farris Insurance Agency competitors and assessment
Company assessmentBroad incumbents
- Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with significant middle-market and small commercial presence. Represents both a competitor and a potential roll-up acquirer for agencies like Farris.
- Brown & Brown: National insurance brokerage ranked among the largest US independent agencies, built largely through acquisition of regional independents. Comparable to Farris as a competitor for the same small commercial and personal accounts in regional markets, though at vastly greater scale and geographic breadth.
- Marsh McLennan: Global professional services and insurance brokerage leader. While primarily focused on enterprise clients, Marsh is expanding into middle-market segments through acquisitions, increasingly competing with regional independents for larger commercial accounts.
Direct peers
- Farm Bureau Insurance of Arkansas: Arkansas-focused mutual insurance carrier and agency writing personal and commercial lines in the same Northwest Arkansas geography. Comparable in market and customer base; differs in mutual carrier structure versus Farris's fully independent agency model.
- Higginbotham: Texas-based independent insurance and financial services firm that has grown through an acquisition-driven roll-up of regional agencies. Highly comparable to Farris in its independent agency model and multi-line carrier representation, though operating at significantly larger scale.
- Shelter Insurance: Regional mutual insurance company with strong Mid-South distribution, writing personal lines, life, and commercial coverage. Comparable to Farris in regional Mid-South footprint and multi-line offering, though structured as a carrier-affiliated agency.
- Stephens Insurance: Arkansas-headquartered independent insurance brokerage offering commercial, personal, and employee benefits across multiple carrier relationships. Directly comparable to Farris as a regional, multi-line independent agency serving the same state with similar carrier access.
- Insurica Insurance Management Network: Regional independent insurance agency network operating across multiple southern and midwestern states with access to multiple carrier partners. Comparable to Farris in business model, multi-line product offering, and focus on small-to-mid commercial accounts.
Emerging players
- Next Insurance: Digital-native insurtech focused on small business insurance with embedded distribution and instant online quoting. Represents the structural threat of direct-to-consumer channels to Farris's traditional brokerage model.
- Policygenius: Online insurance marketplace comparing life, home, and auto policies across multiple carriers. Operates adjacent to Farris's value proposition of carrier comparison, but executes it through digital self-service rather than agent-led distribution.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Customer concentration
Farris Insurance Agency social profiles
Digital presenceFarris Insurance Agency financial estimates
Financial estimateRevenue estimate
Valuation estimate
Farris Insurance Agency leadership team
Management profileNumber of profiles
Profiles16 records
Farris Insurance Agency funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Farris 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 Farris Insurance Agency
What does Farris Insurance Agency do?
Farris Insurance Agency is an independent insurance agency that sells commercial and personal lines insurance products on behalf of more than 30 insurance carriers, with a primary commercial focus and particular expertise in the poultry and agriculture industry in Northwest Arkansas. It earns revenue through carrier commissions on placed policies and supplements placement with in-house risk management advisory services.
Is Farris Insurance Agency a public or private company?
Farris Insurance Agency is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Farris Insurance Agency founded?
Farris Insurance Agency was founded in 1973. It employs 11 to 50 people.
Where is Farris Insurance Agency based?
Farris Insurance Agency is headquartered in Springdale, United States, in the North America region.
How does Farris Insurance Agency make money?
One revenue line is on record: insurance Commissions.
Who are Farris Insurance Agency's main competitors?
Broad incumbents on record are Arthur J. Gallagher & Co., Brown & Brown and Marsh McLennan. Direct peers are Farm Bureau Insurance of Arkansas, Higginbotham, Shelter Insurance, Stephens Insurance and Insurica Insurance Management Network. Emerging players are Next Insurance and Policygenius.
Does Farris Insurance Agency have an API?
No public API is recorded for Farris Insurance Agency.
What industry is Farris Insurance Agency in?
Farris Insurance Agency's product category is Insurance Agency Services. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services. Its NAICS code is 524210 and its SIC code is 6411.