531 Insurance Agency

What 531 Insurance Agency does

531 Insurance Agency is an independent retail insurance brokerage founded in 2019 and headquartered in Cape Coral, Florida. The firm distributes both personal lines (auto, homeowner, boat, motorcycle) and commercial lines (property, general liability, workers' compensation) insurance, serving a mix of individual consumers and small businesses primarily in the local Florida market. With 1-10 employees, the agency operates as a small, owner-operated distribution entity under Founder, Agency Principal and Owner Evelyn Sanchez, functioning as an intermediary that places coverage with third-party carriers rather than underwriting risk itself.

The business model is the standard independent agency model: revenue is generated through commissions on bound policies (typically a percentage of premium), with carrier appointments granting the ability to quote and place coverage from multiple insurers. There is no disclosed proprietary technology, no in-house underwriting, no branded product, and no digital distribution platform evident in the available data; the corporate website (531insurance.com) currently displays only a verification/loading page with no substantive content, product listings, or pricing information.

The agency has no disclosed funding, no parent company, no M&A activity, no partnerships or alliances, no management team beyond the founder, and no certifications or compliance filings documented. Operating status, customer count, premium volume, and revenue figures are all undetermined from the source data. The profile therefore represents a micro-cap, early-stage Florida retail agency with a multi-line product mix but with very limited public information available for further diligence.

Name

531 Insurance Agency

Website

https://531insurance.com

Company type

Private

Founded year

2019

Headcount range

1–10 employees

Short description

531 Insurance Agency is a small, independent retail insurance brokerage in Cape Coral, Florida, founded in 2019, distributing personal and commercial lines (auto, home, boat, motorcycle, property, general liability, workers' comp) to local consumers and small businesses under founder/owner Evelyn Sanchez.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industries

General Liability Insurance (FSAJAMAE), Inland Marine / Personal Articles & Valuable Items Insurance (FSAJACAJ)

Keywords

• Auto insurance
• Homeowners insurance
• Commercial insurance
• Insurance brokerage
• Personal lines coverage

Headquarters

HQ city

Cape Coral

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Core offering

531 Insurance Agency is an independent insurance agency based in Cape Coral, Florida, that sells personal and commercial insurance products. The agency offers auto, homeowner, boat, motorcycle, property, general liability, and worker's compensation insurance coverage to individuals and small businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance
• Homeowner Insurance
• Boat Insurance
• Motorcycle Insurance
• Property Insurance
• General Liability Insurance
• Worker's Compensation Insurance

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Regional players

• Florida Peninsula Insurance Company: Florida-only homeowners insurer writing coastal property risks — comparable because 531 Insurance Agency's homeowner book is concentrated in the same regional property market this carrier serves.

Direct peers

• Goosehead Insurance: Independent insurance agency franchisor focused on personal lines and small commercial coverage delivered through local agents — the closest publicly traded analog to a small, founder-led multi-line independent agency.
• Brightway Insurance: Florida-headquartered independent insurance agency franchise offering auto, home, and small-business coverage through a network of locally owned branches — directly comparable to 531 Insurance Agency's independent agency model in the same regional market.
• Foundation Insurance: Independent insurance agency operating in the Florida market with personal and small-commercial product offerings — comparable to 531 Insurance Agency in product mix and regional customer base.

Broad incumbents

• GEICO: Major direct-to-consumer auto and home insurer — sets the price benchmark on the auto and property lines that 531 Insurance Agency sells to Cape Coral consumers.
• Brown & Brown, Inc. Public insurance brokerage with deep Florida exposure across personal and commercial lines — represents the scaled, institutional version of the same independent-agency distribution model 531 Insurance Agency operates.
• HUB International: Large North American insurance brokerage offering personal, commercial, and specialty lines through a distributed agency network — comparable in offering breadth to 531 Insurance Agency but operating at far greater scale and with institutional infrastructure.
• Progressive: Largest U.S. auto insurer and a major home and motorcycle writer — competes head-to-head with 531 Insurance Agency on the auto and motorcycle lines that anchor the agency's personal-lines book.
• Allstate: National personal-lines insurance carrier selling auto, home, and motorcycle coverage — directly competes with 531 Insurance Agency on the same product set, but at massive scale and through a captive-agent model.

Emerging players

• Lemonade: Digital-native insurance carrier in homeowners and renters — represents the technology-driven competitive threat to small independent agencies, particularly in Florida where it is actively expanding coastal homeowner offerings.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/531insurance
• LinkedInlinkedin.com/company/531-insurance-agency-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 531 Insurance Agency