Dominion Insurance Services
Dominion Insurance Services is a privately held specialty insurance brokerage licensed in all 50 U.S. states that places professional liability and commercial coverage through Lloyd's of London for niche professional segments including patent practitioners, fiduciaries, daily money managers, lawyers, and specie vaulting operators.
- Company typePrivate
- Founded1997
- HeadquartersAlpine, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Dominion Insurance Services does
Dominion Insurance Services is a privately held specialty insurance brokerage licensed in all 50 U.S. states that designs and places professional liability and commercial insurance coverage for niche professional segments underserved by standard admitted carriers. Founded approximately 25 years ago and operating from offices in Moraga, California and Alpine, Utah, the firm focuses on professional liability lines including Errors & Omissions, Directors & Officers, Employment Practices Liability, Workers Compensation, Fidelity/Bonding, Business Package policies, and Cyber Liability. Its differentiated specialty programs include the first-in-the-nation Patent Lawyer Liability (PLL) and Patent Agent Liability (PAL) programs, fiduciary E&O programs sponsored by the National Guardianship Association (NGA) and Professional Fiduciary Association of California (PFAC), Daily Money Manager (AADMM-sponsored) coverage, Lawyers Professional Liability for boutique practices, Estate Lawyers coverage, Association Liability programs, and Specie Vaulting & Transit (SVT) coverage for precious metals and collectibles.
The firm's core technology is a traditional specialty brokerage and risk management distribution model rather than a proprietary software platform; coverage is placed primarily through Lloyd's of London and other carrier relationships, with one product (DMM Cyber) offering real-time online pricing via the company's website. Dominion earns revenue through commissions on premiums placed across its program portfolio, with policy structures ranging from annual subscription pricing on claims-made professional liability forms to one-time tail (Extended Reporting Period) endorsements priced at 100%-300% of expiring premium. Go-to-market relies on association affinity partnerships (NGA, PFAC, AADMM) as referral channels, direct client engagement via website and toll-free phone, and a network of licensed agents and brokers. The firm does not sell direct-to-consumer online beyond the DMM Cyber product, and there is no disclosed parent company, institutional investor, or external funding.
Dominion Insurance Services firmographics
Firmographics- Name
- Dominion Insurance Services
- Legal name
- Dominion Insurance Services Inc.
- Website
- https://dominioninsurance.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Dominion Insurance Services is a privately held specialty insurance brokerage licensed in all 50 U.S. states that places professional liability and commercial coverage through Lloyd's of London for niche professional segments including patent practitioners, fiduciaries, daily money managers, lawyers, and specie vaulting operators.
- Ownership category
- akta.pro rank
Dominion Insurance Services industry classification
Industry- Product category
- Professional Liability Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210), 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
- Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD), Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD)
Keywords
Where Dominion Insurance Services is headquartered
LocationHeadquarters
- HQ city
- Alpine
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Dominion Insurance Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Premiums (Professional Liability, D&O, EPL, Workers Comp, Cyber, Specie Vaulting): Dominion Insurance Services earns revenue by placing and managing professional liability and commercial insurance policies on behalf of clients, primarily through Lloyd's of London underwriters and other carrier relationships. Revenue is derived from insurance premiums across lines including Errors & Omissions, Directors & Officers, Employment Practices Liability, Workers Compensation, Fidelity/Bonding, Business Packages, Cyber Liability, and Specie Vaulting & Transit coverage. The company serves individual practitioners, professional firms, and trade associations across all 50 states.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Claims-Made Professional Liability Policies — Premium varies by profession, firm size, coverage limits, and retroactive date. Step-rate factors applied at each renewal until policy matures (typically 5-7 years). |
| One time/ perpetual license | Multi-year contract | Tail/Extended Reporting Period (ERP) Endorsements — One-time purchase at policy non-renewal or retirement. |
| Subscription | Annual | Cyber Liability Coverage for Daily Money Managers — Integrated coverage with Lloyd's of London. |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Dominion Insurance Services product offering
Product offeringCore offering
Dominion Insurance Services is a specialty insurance brokerage that places and manages professional and commercial liability insurance on behalf of clients through Lloyd's of London and other carrier relationships. The company holds insurance licenses in all 50 states and serves individual practitioners, professional firms, and trade associations nationwide, with deep specialization in niche professions such as patent practitioners, professional fiduciaries, daily money managers, estate lawyers, and specie vaulting operators. Its core function is acting as a broker (not a carrier agent) to access the broader professional liability marketplace and craft customized coverage solutions for underserved professional segments.
Product overview
Dominion Insurance Services operates as a specialty insurance broker offering a comprehensive portfolio of commercial and professional liability insurance products and programs. Their core offerings include Business Package (BOP), Directors & Officers Liability, Employment Practices Liability, Errors & Omissions/Professional Liability, Fidelity Coverage/Bonds, and Workers Compensation insurance. The company specializes in niche professional liability programs including the Patent Lawyer Liability (PLL) and Patent Agent Liability (PAL) programs for patent practitioners, Fiduciary E&O programs sponsored by NGA and PFAC, Lawyers Professional Liability, and Specie Vaulting & Transit coverage. They also offer specialized DMM Cyber Coverage for Daily Money Managers and Association Liability Programs. All major programs are underwritten through Lloyd's of London, providing policyholders with the security of a distributed insurance marketplace with over 75 years of operation without a failed claim.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Step-rate pricing factors at lowest end of industry range (25% to 400% range), meaning policy maturation costs less than competing carriers.
- +3 more outcomes
Companies that use Dominion Insurance Services
Customer profileNamed customers9 records
Segments8 records
Ideal customer profiles6 records
Dominion Insurance Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Dominion Insurance Services partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and supporting.
- Lloyd's of LondoncoreLloyd's of London is the primary underwriter for Dominion Insurance Services' professional liability programs, including Patent Agent Liability (PAL), Patent Lawyer Liability (PLL), NGA-sponsored fiduciary E&O, AADMM-sponsored daily money manager E&O, and Specie Vaulting & Transit coverage. Lloyd's provides A.M. Best A XV rated security with over $75 billion in central funds and has never failed to pay a valid claim in over 325 years of operation. The subscription market model allows custom policy wordings tailored to specific professional needs. Lloyd's claims handling employs a team approach with appointed defense counsel, and Lloyd's has established confidential risk management hotlines for policyholders.
- National Guardianship Association (NGA)coreDominion Insurance Services is the approved professional liability insurance provider for the National Guardianship Association (NGA). The NGA-sponsored E&O insurance program is a member-only benefit underwritten through Lloyd's of London, specifically tailored to professional fiduciaries' coverage needs at affordable rates. The program offers one-time retroactive date extension options at first renewal for members who previously lacked coverage.
- Professional Fiduciary Association of California (PFAC)coreDominion Insurance Services is the approved professional liability insurance provider for the Professional Fiduciary Association of California (PFAC). The PFAC-sponsored program is underwritten through Lloyd's of London, specifically designed for fiduciaries' unique coverage needs at competitive rates.
- American Association of Daily Money Managers (AADMM)coreDominion Insurance Services provides the AADMM-sponsored E&O insurance program for daily money managers, underwritten through Lloyd's of London. The program includes specialized coverage for cyber risks, privacy breaches, and professional liability. A retroactive date extension option is available at first renewal for previously uninsured members.
- Furman Kornfeld & Brennan LLPsupportingFurman Kornfeld & Brennan LLP manages the Lloyd's of London Fiduciary Risk Management Hotline (212-376-8599) on a confidential basis, free of charge to Lloyd's policyholders. The firm provides claims counsel assistance to fiduciaries for everyday claims needs and questions, helping to mitigate potential claims before they escalate. Policyholders can discuss thorny situations confidentially without jeopardizing insurance coverage.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Dominion Insurance Services competitors and assessment
Company assessmentDirect peers
- Brown & Riding: National wholesale insurance brokerage specializing in excess & surplus lines and professional liability placements for niche professions and hard-to-place risks. Operates with a similar specialty brokerage model and surplus-lines carrier relationships, including London market access.
- RPS (Risk Placement Services): One of the largest US wholesale insurance brokers specializing in excess, surplus, and specialty lines including professional liability and management liability for niche professions. Comparable specialty broker business model with London market access and affinity/association programs.
- Burns & Wilcox: National specialty insurance wholesale broker focused on excess & surplus lines, professional liability, and niche commercial risks. Highly comparable model placing specialty coverage through London and domestic surplus carriers for hard-to-place professional classes.
- Amwins Group: Large specialty insurance distributor with dedicated professional liability and management liability practice placing specialty risks through wholesale and London market relationships. Comparable specialty broker model at greater scale.
- CRC Insurance Services: US wholesale insurance broker specializing in excess and surplus lines for niche and non-admitted risks, including professional liability programs underwritten through London and specialty carriers. Directly comparable distribution model and carrier mix.
Broad incumbents
- Berkley Professional Liability: Specialty carrier and program administrator for lawyers professional liability, management liability, and allied professional lines. Competes with Dominion on lawyer and fiduciary E&O but as a carrier/program manager rather than a broker.
- Hiscox: Global specialty insurer with a strong US professional liability and small-business E&O franchise. Competes for the same professional services customers but delivers coverage as a carrier rather than placing through third-party markets like Dominion does.
- Brown & Brown: Large US insurance brokerage with dedicated professional and management liability practices serving niche professions. Comparable customers and product lines, though operating as a retail/affinity broker rather than a specialty wholesale broker.
- Arthur J. Gallagher: Global insurance brokerage with deep professional liability, management liability, and affinity program practices. Competes for the same lawyers, fiduciaries, and association clients but at significantly greater scale and product breadth.
- Marsh McLennan Agency: Middle-market and specialty insurance brokerage arm of Marsh McLennan with practices in professional liability and association/affinity programs. Overlaps with Dominion on specialty professional lines but operates at much larger scale with proprietary placement technology.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Dominion Insurance Services compliance and trust
Trust signalCompliance3 records
Dominion Insurance Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dominion Insurance Services leadership team
Management profileNumber of profiles
Dominion Insurance Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dominion Insurance Services 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 Dominion Insurance Services
What does Dominion Insurance Services do?
Dominion Insurance Services is a specialty insurance brokerage that places and manages professional and commercial liability insurance on behalf of clients through Lloyd's of London and other carrier relationships. The company holds insurance licenses in all 50 states and serves individual practitioners, professional firms, and trade associations nationwide, with deep specialization in niche professions such as patent practitioners, professional fiduciaries, daily money managers, estate lawyers, and specie vaulting operators. Its core function is acting as a broker (not a carrier agent) to access the broader professional liability marketplace and craft customized coverage solutions for underserved professional segments.
Is Dominion Insurance Services a public or private company?
Dominion Insurance Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Dominion Insurance Services founded?
Dominion Insurance Services was founded in 1997. It employs 11 to 50 people.
Where is Dominion Insurance Services based?
Dominion Insurance Services is headquartered in Alpine, United States, in the North America region.
How does Dominion Insurance Services make money?
One revenue line is on record: insurance Premiums (Professional Liability, D&O, EPL, Workers Comp, Cyber, Specie Vaulting).
Who are Dominion Insurance Services's main competitors?
Direct peers on record are Brown & Riding, RPS (Risk Placement Services), Burns & Wilcox, Amwins Group and CRC Insurance Services. Broad incumbents are Berkley Professional Liability, Hiscox, Brown & Brown, Arthur J. Gallagher and Marsh McLennan Agency.
Does Dominion Insurance Services have an API?
No public API is recorded for Dominion Insurance Services.
What industry is Dominion Insurance Services in?
Dominion Insurance Services's product category is Professional Liability Insurance Brokerage. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines), with a secondary code of FSAEADAD, Wholesale Insurance Brokerage (Excess & Surplus Lines). Its NAICS code is 524210 and its SIC code is 6411.