Red Shield Insurance Company
- Company typePrivate
- Founded1979
- HeadquartersPortland, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Red Shield Insurance Company firmographics
Firmographics- Name
- Red Shield Insurance Company
- Legal name
- Red Shield Insurance Company
- Website
- https://redshield.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Red Shield Insurance Company industry classification
Industry- Product category
- Specialty Commercial Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Other Direct Insurance (except Life, Health, and Medical) Carriers (524128)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Product Liability & Recall (FSAJAGAG)
- akta.pro secondary industries
- Commercial General Liability (CGL) (FSAJADAA), Commercial Property Insurance (FSAJACAE), Mid-Market Commercial Package (Package Policies) (FSAJAFAB)
Keywords
Where Red Shield Insurance Company is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Red Shield Insurance Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premiums: Collection of insurance premiums from policyholders across specialty insurance lines including Commercial Property Liability, Service Contractors, Inland Marine, Floating Properties, Yachts, Convenience Stores, Specialty Contractors, Food Carts, and Mobile Home Parks.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Insurance coverage is tailored to individual risk profiles with quote-based pricing. |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Red Shield Insurance Company product offering
Product offeringCore offering
Red Shield Insurance Company underwrites and distributes specialty commercial insurance products for the Pacific Northwest market, covering Commercial Property Liability, Service Contractors, Inland Marine, Floating Properties, Yachts, Convenience Stores, Specialty Contractors, Mobile Home Parks, and Food Carts. Policies are placed exclusively through a network of independent insurance agents and producers who use the Producer Lounge online portal to manage applications, forms, and policy transactions. Claims documentation is supported through a Truepic Vision Camera App integration, and policyholders can pay premiums online via ePay Policy.
Product overview
Red Shield Insurance Company is a regional insurance provider located in the Pacific Northwest offering a portfolio of specialty insurance products. The company's core offerings include Commercial Property Liability, Service Contractors, and Inland Marine coverage. Its specialty product portfolio includes Floating Properties, Yacht Shield, Convenience Store, Specialty Products, Specialty Contractors, Mobile Home Parks, and Food Carts coverage. The company operates a Producer Lounge online platform for agents to manage policies and transactions, integrates with Truepic for claims documentation via a mobile camera app, and offers online payment processing through ePay Policy.
Differentiator
Problem solved
Functional benefit
Brands
- Yacht Shield: Specialty yacht insurance coverage
- Mobile Home Parks
- Floating Property
- Food Carts
- C-Store
- Specialty Products
- Specialty Contractors
Products and services
- Commercial Property Liability Primary insurance product providing commercial property and liability coverage for businesses distributed through independent insurance agents in the Pacific Northwest.
- Service Contractors Specialty liability insurance coverage designed for service contractor businesses placing coverage through Red Shield's agent network.
- Inland Marine Insurance coverage for goods, equipment, and merchandise while in transit over land, available through Red Shield's agent distribution channel.
- Floating Property Specialty insurance coverage for floating properties such as docks, marina structures, and other water-adjacent installations, distributed through Red Shield agents.
- Yacht Shield Specialty insurance product providing coverage for yachts and recreational watercraft, available through Red Shield's Pacific Northwest agent network.
- Convenience Store (C-Store) Specialty insurance product tailored to convenience store retail operations, distributed through independent agents in the Pacific Northwest.
- Specialty Contractors Specialty insurance products covering various contractor trades beyond standard service contractors, available through Red Shield's agent channel.
- Mobile Home Parks Specialty insurance product designed for mobile home park operators and their properties, distributed through Red Shield's agent network.
- Food Carts Specialty insurance product for food cart and mobile food vendor operations, placed through Red Shield's agent distribution channel.
- Specialty Products Specialty insurance products targeting additional niche market segments beyond the named specialty lines, available through Red Shield agents.
Companies that use Red Shield Insurance Company
Customer profileSegments2 records
Ideal customer profiles2 records
Red Shield Insurance Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
Red Shield Insurance Company partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights3 records
Red Shield Insurance Company competitors and assessment
Company assessmentBroad incumbents
- Markel Group: Markel is a large specialty insurance underwriter with deep expertise in niche commercial and inland marine lines — directly comparable to Red Shield's specialty product model, though at vastly greater scale and geographic reach.
- RLI Corp: RLI is a specialty P&C insurer known for niche commercial products including inland marine and specialty contractors — highly comparable underwriting approach to Red Shield's specialty portfolio.
- Kinsale Capital Group: Kinsale is an E&S specialty insurer focused on small-to-middle-market commercial excess and surplus lines — overlapping with Red Shield's specialty/E&S positioning and target customer size.
- Crum & Forster: Crum & Forster is a specialty P&C insurer under Fairfax with niche commercial products across property, inland marine, and contractors — directly comparable specialty portfolio composition.
- Philadelphia Insurance Companies (PHLY): PHLY is a specialty commercial insurer with deep niche expertise in contractors, marine, and recreational products — overlapping heavily with Red Shield's service contractors, inland marine, and yacht verticals.
Direct peers
- James River Insurance: James River is a specialty E&S carrier offering commercial auto, inland marine, and excess casualty — comparable niche underwriting profile and similar distribution through independent agents/producers.
- Stillwater Insurance Group: Stillwater is a specialty personal and commercial lines writer with focus on niche products — comparable specialty distribution approach through independent agents.
Regional players
- SAIF Corporation: SAIF is an Oregon-based regional workers' comp and commercial insurer — directly comparable Pacific Northwest regional orientation though focused on different lines.
- PEMCO Insurance: PEMCO is a Pacific Northwest regional personal and commercial insurer based in Seattle — comparable Pacific Northwest regional footprint and SMB customer base, though with personal lines focus.
- NW Insurance Group: NW Insurance Group is a Pacific Northwest regional insurance and surety provider serving SMBs — comparable Pacific Northwest geography and SMB/commercial customer focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Red Shield Insurance Company social profiles
Digital presenceRed Shield Insurance Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Red Shield Insurance Company leadership team
Management profileNumber of profiles
Red Shield Insurance Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Red Shield Insurance Company 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 Red Shield Insurance Company
What does Red Shield Insurance Company do?
Red Shield Insurance Company underwrites and distributes specialty commercial insurance products for the Pacific Northwest market, covering Commercial Property Liability, Service Contractors, Inland Marine, Floating Properties, Yachts, Convenience Stores, Specialty Contractors, Mobile Home Parks, and Food Carts. Policies are placed exclusively through a network of independent insurance agents and producers who use the Producer Lounge online portal to manage applications, forms, and policy transactions. Claims documentation is supported through a Truepic Vision Camera App integration, and policyholders can pay premiums online via ePay Policy.
Is Red Shield Insurance Company a public or private company?
Red Shield Insurance Company is a private company. It is classified as unknown and is currently operating.
When was Red Shield Insurance Company founded?
Red Shield Insurance Company was founded in 1979. It employs 11 to 50 people.
Where is Red Shield Insurance Company based?
Red Shield Insurance Company is headquartered in Portland, United States, in the North America region.
How does Red Shield Insurance Company make money?
One revenue line is on record: insurance Premiums.
Who are Red Shield Insurance Company's main competitors?
Broad incumbents on record are Markel Group, RLI Corp, Kinsale Capital Group, Crum & Forster and Philadelphia Insurance Companies (PHLY). Direct peers are James River Insurance and Stillwater Insurance Group. Regional players are SAIF Corporation, PEMCO Insurance and NW Insurance Group.
Does Red Shield Insurance Company have an API?
No public API is recorded for Red Shield Insurance Company.
What industry is Red Shield Insurance Company in?
Red Shield Insurance Company's product category is Specialty Commercial Insurance. Its primary akta.pro industry code is FSAJAGAG, Product Liability & Recall, with a secondary code of FSAJADAA, Commercial General Liability (CGL). Its NAICS code is 524126 and its SIC code is 6331.