Kingsbrook Brokerage Service

What Kingsbrook Brokerage Service does

Kingsbrook Brokerage Service Inc. is a privately held, family-owned independent insurance brokerage founded in 1970 and headquartered at 32 Broadway, Suite 214, New York, NY 10004. The firm operates as an independent agency representing more than 20 insurance carriers, including AIG, Chubb, Liberty Mutual, Nationwide, Travelers, Berkshire Hathaway GUARD, The Hartford, Hiscox, Tokio Marine, and others, to place both personal and commercial property and casualty coverage for customers across New York, New Jersey, Connecticut, and additional states.

The company's product offering is divided into two main lines. Personal insurance includes automobile, homeowners, condo, co-op, renters, boat, motorcycle, fine arts, jewelry, fur, and personal umbrella coverage. Commercial insurance spans commercial auto, commercial liability and property, cyber crime and liability, directors and officers liability, employment practices liability, professional liability, workers compensation, disability, inland and ocean marine, equipment breakdown, special events, and commercial umbrella policies. Underlying technology is limited to a third-party CSR24 client portal (portal.csr24.com) for account management and a website with online quote request functionality; no proprietary technology platform, AI capabilities, or data assets are disclosed.

Kingsbrook generates revenue through insurance carrier commissions on policy placement and renewals, structured as an affiliate/referral revenue model. Pricing is quote-based rather than tiered, with each policy tailored to the customer's risk profile, coverage type, and carrier terms. Go-to-market is sales-led and relationship-based, relying on direct phone and email engagement, walk-in consultations at the NYC headquarters, the website quote form, and a strong base of repeat customers and referrals in the Tri-State region. April Goldberg has served as President since 1998, having succeeded her late father as the firm's leader.

Name

Kingsbrook Brokerage Service

Legal name

Kingsbrook Brokerage Service Inc.

Website

https://kingsbrookny.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

1–10 employees

Short description

Kingsbrook Brokerage Service is a privately held, family-owned independent insurance brokerage founded in 1970 in New York City, representing 20+ carriers to place personal and commercial property and casualty coverage for individuals and small businesses across the NY, NJ, CT region.

Ownership category

akta.pro rank

Product category

Independent Insurance Brokerage (Property & Casualty)

NAICS

Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro industry

PRIMARYFSAEADAJ

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

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

Keywords

• Independent insurance brokerage
• Property casualty insurance
• Commercial insurance coverage
• Personal insurance policies
• Multi-carrier insurance agency

Headquarters

HQ city

New York

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, Infrastructure

Revenue model

1. Insurance Commissions: As an independent insurance brokerage, Kingsbrook earns commissions from insurance carriers for placing business. They represent multiple insurance providers including AIG, AmTrust, Attune, Berkshire Hathaway GUARD, Chubb, The Hartford, Hiscox, Liberty Mutual, Nationwide, Travelers, and others. Revenue is generated through policy placement fees and ongoing commissions on renewals.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Kingsbrook Brokerage Service Inc. is an independent insurance agency that places property and casualty insurance for individuals and businesses through 20+ carrier partners. It earns commissions by matching clients with carriers across personal lines (auto, home, renters, umbrella, specialty items) and commercial lines (liability, property, workers compensation, cyber, D&O, marine, professional liability). Policies are tailored and quoted per customer via phone, online quote forms, or in-person consultation at the New York office.

Product overview

Kingsbrook Brokerage Service is an independent insurance brokerage firm offering a broad spectrum of property and casualty insurance products through two main divisions: Personal Insurance and Commercial Insurance. The Personal Insurance division covers automobiles, boats, co-ops, condos, fine arts, furs, homeowners, jewelry, motorcycles, renters, and umbrella policies. The Commercial Insurance division encompasses commercial auto, commercial liability, commercial property, cyber crime and liability, directors and officers liability, disability, employment practices liability, equipment breakdown/boiler, inland marine, ocean marine, professional liability, special events, umbrella, and workers compensation. The company acts as an independent agency representing multiple insurance carriers to provide tailored coverage solutions for clients in New York, New Jersey, Connecticut, and other states.

Differentiator

Problem solved

Functional benefit

Products and services

• Automobile Insurance (Personal) State-required auto insurance for individuals offering comprehensive and collision coverage with options for maximum payout limits, differing liability limits, windshield replacement, and rental car costs.
• Boat Insurance Coverage for personal vessels and third-party property damage caused by the boat, including bodily injury and liabilities, with policies varying by usage, storage, and replacement value.
• Co-op Insurance Coverage for co-op apartment owners responsible for insuring their individual unit and contents, supplementing the co-op association's master policy that covers common areas.
• Condo Insurance Coverage for condo owners that covers repair within the unit, replacement of damaged or stolen property, guest injury liability, costs exceeding condo association coverage, and alternative accommodation during damage repairs.
• Fine Arts Insurance Custom-designed coverage for artwork reflecting piece value, storage and display circumstances, with options for replacement or restoration.
• Fur Insurance Separate coverage for valuable furs requiring certified appraisal and biennial valuation renewal, beyond standard homeowners or umbrella policy limits.
• Homeowners Insurance Combination coverage helping repair or replace home and belongings after fire, theft, natural disaster, or vandalism, tailored to individual cost and coverage needs.
• Jewelry Insurance Specific coverage for valuable pieces such as engagement rings or family heirlooms that exceed standard homeowners policy item limits.
• Motorcycle Insurance Legal-required coverage with varying tiers from comprehensive to collision, affected by previous claims, safety courses, medical insurance levels, uninsured motorist coverage, and roadside assistance.
• Renters Insurance Tailor-made coverage for renters' belongings and visitor liability, relatively inexpensive compared to other insurance products.
• Personal Umbrella Insurance Extra liability insurance beyond homeowners, boat, and auto policy limits, providing additional coverage against libel, slander, vandalism, privacy invasion, third-party property damage, and off-property injuries.
• Commercial Auto Insurance Insurance for business vehicles including company cars, delivery trucks, forklifts, and vans, covering higher risk exposure than personal vehicles.
• Commercial Liability Insurance Coverage for financial liability and legal defense costs in the event of lawsuits or third-party claims against the business.
• Commercial Property Insurance Protection for business premises and physical assets against fire, explosion, burst pipes, storms, theft, and vandalism.
• Cyber Crime & Liability Insurance Coverage for businesses electronically storing sensitive information, protecting against business interruption, income loss, data recovery, payment fraud, and legal costs from hacking, phishing, malware, and ransomware attacks.
• Directors & Officers Liability Insurance D&O Insurance protecting company individuals and the organization itself from claims filed while acting on behalf of the organization.
• Disability Insurance Income continuation for employees unable to work due to disability or illness not sustained on the job, available in short-term and long-term policies.
• Employment Practices Liability Insurance Protection against employee lawsuits for violations including sexual harassment, discrimination, failure to promote, wrongful dismissal, and improper management of benefits or compensation.
• Equipment Breakdown / Boiler Insurance Coverage for equipment breakdown problems and associated costs or loss of earnings beyond physical asset protection under standard property insurance.
• Inland Marine Insurance Supplemental coverage for goods and movable property during overland transport, covering specialized items such as catering equipment, high-tech equipment, and musical instruments.
• Ocean Marine Insurance Coverage for goods and personnel in domestic or international marine shipping transit.
• Professional Liability Insurance Professional Indemnity / Errors and Omissions insurance protecting against financial hardship from negligence claims and awarded damages related to provider failure to perform.
• Special Events Insurance Protection for organizations hosting events against venue damage, attendee injuries, and cancellation due to circumstances beyond control, also covering sponsors and service providers.
• Commercial Umbrella Insurance Low-cost supplemental policy providing extra protection when maximum payout of other individual commercial policies is reached.
• Workers Compensation Insurance Coverage for medical expenses, portion of lost wages for job-related illness or injury, rehabilitation costs, and death benefits for employees.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

21 partnerships are on record, tiered core and minor.

• AIGcoreChannel Partner/ Reseller/ DistributorAIG is one of the insurance carriers represented by Kingsbrook Brokerage Services, providing personal and commercial insurance products to customers in the New York Tri-State region.
• AmTrust FinancialcoreChannel Partner/ Reseller/ DistributorAmTrust Financial is an insurance carrier partner providing coverage options through Kingsbrook Brokerage Services.
• Attune InsurancecoreChannel Partner/ Reseller/ DistributorAttune Insurance is an insurance carrier partner represented by Kingsbrook Brokerage Services.
• Berkshire Hathaway GUARD Insurance CompaniescoreChannel Partner/ Reseller/ DistributorBerkshire Hathaway GUARD Insurance Companies is a major insurance carrier partner providing commercial and personal lines coverage through Kingsbrook.
• ChubbcoreChannel Partner/ Reseller/ DistributorChubb is a leading insurance carrier partner providing personal and commercial insurance products through Kingsbrook Brokerage Services.
• The HartfordcoreChannel Partner/ Reseller/ DistributorThe Hartford is an insurance carrier partner providing business and personal insurance coverage options through Kingsbrook.
• HiscoxcoreChannel Partner/ Reseller/ DistributorHiscox is an insurance carrier partner specializing in business and specialty insurance products offered through Kingsbrook.
• Kingstone InsurancecoreChannel Partner/ Reseller/ DistributorKingstone Insurance is a carrier partner providing personal insurance coverage through Kingsbrook Brokerage Services.
• Liberty MutualcoreChannel Partner/ Reseller/ DistributorLiberty Mutual is a major insurance carrier partner providing personal and commercial insurance products through Kingsbrook.
• NationwidecoreChannel Partner/ Reseller/ DistributorNationwide is an insurance carrier partner providing a wide range of coverage options through Kingsbrook Brokerage Services.
• TravelerscoreChannel Partner/ Reseller/ DistributorTravelers is a leading insurance carrier partner providing commercial and personal insurance through Kingsbrook Brokerage Services.
• Tokio MarinecoreChannel Partner/ Reseller/ DistributorTokio Marine is an insurance carrier partner providing commercial and specialty insurance coverage through Kingsbrook.
• BlackboardminorChannel Partner/ Reseller/ DistributorBlackboard is an insurance carrier partner represented by Kingsbrook Brokerage Services.
• CNAminorChannel Partner/ Reseller/ DistributorCNA is a surety insurance carrier partner providing coverage options through Kingsbrook Brokerage Services.
• Narragansett Bay Insurance CompanyminorChannel Partner/ Reseller/ DistributorNarragansett Bay Insurance Company is a regional carrier partner providing insurance coverage through Kingsbrook.
• National GeneralminorChannel Partner/ Reseller/ DistributorNational General is an insurance carrier partner providing coverage options through Kingsbrook Brokerage Services.
• Philadelphia InsuranceminorChannel Partner/ Reseller/ DistributorPhiladelphia Insurance is a carrier partner providing specialized insurance products through Kingsbrook.
• Safeco InsuranceminorChannel Partner/ Reseller/ DistributorSafeco Insurance is a carrier partner providing personal insurance coverage through Kingsbrook Brokerage Services.
• Seneca InsuranceminorChannel Partner/ Reseller/ DistributorSeneca Insurance is a carrier partner providing insurance coverage options through Kingsbrook.
• Stillwater Insurance GroupminorChannel Partner/ Reseller/ DistributorStillwater Insurance Group is a carrier partner providing personal and commercial insurance through Kingsbrook.
• UPC InsuranceminorChannel Partner/ Reseller/ DistributorUPC Insurance is a carrier partner providing insurance coverage options through Kingsbrook Brokerage Services.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Hilb Group: Mid-market independent insurance brokerage acquiring P&C and benefits agencies across the U.S. Same independent agency model with personal and commercial lines; relevant comparable for a tuck-in partner.
• Acrisure: Tech-enabled independent insurance brokerage that has grown rapidly through acquisitions of regional P&C agencies. Closely aligned business model as an independent multi-carrier brokerage.
• Lockton: World's largest independent insurance brokerage with strong commercial, cyber, D&O, and professional liability practices. Comparable independent-broker positioning with a much larger specialty commercial footprint.
• USI Insurance Services: Privately held independent insurance brokerage offering personal, commercial, and specialty coverage through multi-carrier appointments across the U.S. Closely mirrors Kingsbrook's independent-agency model with broader geographic reach.
• Hub International: Independent insurance brokerage with personal, commercial, and specialty practices and broad carrier representation. Operates as a direct competitor in the U.S. independent brokerage channel.
• Brown & Brown Insurance: Large publicly traded independent insurance brokerage distributing P&C, personal, and specialty lines through a national network of carrier appointments. Highly comparable business model and product scope to Kingsbrook, but at much greater scale.

Broad incumbents

• Aon: Global professional services firm with a major insurance brokerage arm covering commercial P&C, D&O, cyber, and specialty risks. Comparable product set via brokerage intermediation, with much deeper specialization and global reach.
• Arthur J. Gallagher & Co. Large publicly traded global insurance brokerage and risk management firm with retail brokerage operations across personal and commercial lines. Comparable product breadth but operates at a vastly larger scale than Kingsbrook.
• Marsh McLennan: Global insurance brokerage and risk advisory firm whose Marsh unit places commercial P&C, cyber, marine, and specialty lines through carrier relationships. Overlaps Kingsbrook's commercial lines but at enterprise scale.

Regional players

• Crystal & Company: Privately held New York–based insurance brokerage focused on commercial P&C, professional liability, and executive risks. Comparable New York footprint, specialty commercial orientation, and independent-agency posture to Kingsbrook.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/kingsbrookny
• LinkedInlinkedin.com/company/kingsbrook-brokerage-service-inc

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 Kingsbrook Brokerage Service