Prevail
Prevail is a privately held independent insurance brokerage founded in 2012 in Granite Bay, California that exclusively serves the U.S. healthcare industry. It places medical malpractice, workers compensation, property/casualty, and specialty coverages for 400+ medical groups, hospitals, and clinics across California.
- Company typePrivate
- Founded2012
- HeadquartersGranite Bay, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Prevail does
Prevail Insurance Management Services, Inc. is a privately held, independent insurance brokerage founded in 2012 and headquartered in Granite Bay, California. The firm operates with an exclusive vertical focus on the healthcare industry, serving physicians, medical groups, hospitals, foundations, clinics, and other healthcare entities with property and casualty insurance needs. Prevail reports serving more than 400 medical groups, hospitals, and healthcare entities, covering insurance needs for over 4,500 physicians, with average customer outcomes of 27% insurance premium cost savings and a 14-36% reduction in cost of risk.
The company's core product is a consultative insurance brokerage and management service spanning medical professional liability (malpractice), workers compensation, property and general liability, excess/umbrella, cyber liability, directors and officers, employment practices liability, and specialized lines such as physicians regulatory liability and captive/self-insurance alternatives. Prevail supports this placement activity with proprietary management tools that enhance carrier product performance and client operations, alongside consultative services covering actuarial analysis, claims review, captive development, and TPA selection. The firm maintains relationships with more than 40 insurance carriers, including healthcare-specialized malpractice carriers (MagMutual, ProAssurance, The Doctors Company, MedPro, MIEC, Coverys) and major commercial carriers (CNA, Chubb, AIG, Zurich, Travelers, The Hartford, Lloyds), enabling multi-market shopping and access to exclusive offerings.
Prevail generates revenue through commissions paid by insurance carriers; its services are free to clients. Go-to-market is sales-led and consultative, anchored by a complimentary in-depth coverage diagnosis that analyzes existing portfolios and produces detailed recommendations, followed by multi-year contract engagements in which Prevail functions as an ongoing portfolio manager embedded in the client's leadership team rather than a transactional broker. The company is co-owned by founders Ben Borchers (CEO) and Devin Eckhardt (President), with no disclosed venture capital, private equity, or institutional backing, and operates without subsidiaries, M&A activity, or public listing.
Prevail firmographics
Firmographics- Name
- Prevail
- Legal name
- Prevail Insurance Management Services, Inc.
- Website
- https://prevailims.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Prevail is a privately held independent insurance brokerage founded in 2012 in Granite Bay, California that exclusively serves the U.S. healthcare industry. It places medical malpractice, workers compensation, property/casualty, and specialty coverages for 400+ medical groups, hospitals, and clinics across California.
- Ownership category
- akta.pro rank
Where Prevail is headquartered
LocationHeadquarters
- HQ city
- Granite Bay
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Prevail business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Insurance Brokerage Commissions: Prevail operates as an independent insurance broker. Their services are free to clients — they are compensated through commissions paid by insurance carriers. As an independent broker, Prevail works closely with the best insurance carriers and solutions in the marketplace, including some exclusive offerings.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Free insurance management and brokerage services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Prevail product offering
Product offeringCore offering
Prevail is an independent insurance brokerage and management firm that exclusively serves healthcare organizations, including physicians, medical groups, hospitals, foundations, clinics, and other healthcare entities. The company brokers and manages property and casualty insurance portfolios—most notably medical professional liability (malpractice), workers compensation, property and general liability, excess/umbrella, cyber, D&O, and other healthcare-specific coverages—while providing consultative services, risk management, alternatives to insurance (such as captive and self-insurance programs), and a complimentary in-depth coverage diagnosis. Services are provided free to clients, with Prevail compensated through commissions paid by insurance carriers.
Product overview
Prevail is a specialized insurance management and brokerage services company for the healthcare industry, offering a comprehensive suite of insurance solutions. The core offering is Insurance Brokerage combined with Consultative Services, Risk Management, Alternatives to Insurance, and Insurance Coverage Diagnosis. The company's primary focus is Medical Professional Liability Insurance (medical malpractice), supported by a wide range of additional coverage types including Workers Compensation, Property & General Liability, Excess/Umbrella Insurance, Employment Practices Liability, Directors and Officers Liability, Cyber Liability, Fiduciary Liability, Crime Insurance, Stop Loss Coverage, and specialized products like Physicians Regulatory Liability and Business Owners Policy. Prevail functions as an independent broker providing these services free of charge to clients, managing all liability and property insurance needs for healthcare organizations.
Differentiator
Problem solved
Functional benefit
Products and services
- Insurance Brokerage Proactive insurance management and placement services for healthcare organizations, taking a management approach rather than a traditional transactional brokerage. Handles placement and ongoing management of an organization's full insurance portfolio to maximize risk protection and reduce cost.
- Consultative Services Strategic analysis, claims review and management, and risk management program development for healthcare clients, including actuarial analysis, captive development, legal counsel panel selection, and TPA selection.
- Alternatives to Insurance Self-insurance programs for healthcare organizations, including Large Deductible and Self-Insured Retention Programs, Retroactive Programs, Captive Insurance Company formation, Risk Funding Alternatives, and Profit-Sharing Programs.
- Risk Management Risk management solutions for healthcare organizations including identification, assessment, evaluation, and prioritization of risk with both proactive and reactive components.
- Insurance Coverage Diagnosis Complimentary in-depth coverage review analyzing an organization's needs, assessing current coverage, exposures, and losses, with detailed recommendations to reduce risk and insurance costs.
- Medical Professional Liability Insurance Brokerage Brokerage of medical malpractice / professional liability coverage for healthcare professionals and corporations, protecting against liability from errors and omissions in professional services.
- Workers Compensation Insurance Brokerage Workers compensation coverage providing wage replacement and medical benefits for employees injured or ill due to workplace exposure, including employers' liability coverage.
- Property and General Liability Insurance Brokerage Commercial property insurance protecting tangible assets, equipment, and income loss, plus general liability covering bodily injuries, property damage, and advertising injury.
- Excess and Umbrella Insurance Brokerage Excess liability and umbrella policies providing limits in excess of underlying liability policies, with coverage available from $1 million to $100 million or more for catastrophic liability claims.
- Employment Practices Liability Insurance Brokerage Coverage against wrongful terminations, harassment, discrimination, defamation, and unfair hiring/firing practices, including defense costs.
- Directors and Officers Liability Insurance Brokerage Financial protection for directors and officers in the event they are sued for duties performed as they relate to the company.
- Cyber Liability and Privacy Insurance Brokerage Protection for healthcare organizations with access to personally identifiable information from unauthorized access, covering notification expenses, credit monitoring, crisis management, and regulatory defense.
- Physicians Regulatory Liability Insurance Brokerage Coverage for actions brought by governmental entities for billing errors and omissions, including Medicare/Medicaid audits, False Claims Act allegations, and commercial payor audit coverage.
- Business Owners Policy (BOP) Brokerage Package policy addressing property and general liability insurance needs of small to mid-sized medical groups with comprehensive and flexible coverage options.
- Captive Insurance and Self-Insurance Solutions Alternative insurance solutions for healthcare organizations assuming greater risk by self-insuring, including large deductible programs, retroactive programs, and captive insurance company formation.
Companies that use Prevail
Customer profileNamed customers7 records
Segments1 record
Ideal customer profiles1 record
Prevail technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Prevail partnerships and signals
Strategic signalPartnerships
45 partnerships are on record, tiered core, major, notable and minor.
- MagMutualcoreMedical malpractice insurance carrier partner with longstanding relationship. MagMutual is a leading medical professional liability insurer focused on the healthcare industry.
- ProAssurancecoreMedical malpractice insurance carrier partner. ProAssurance specializes in healthcare professional liability insurance.
- The Doctors CompanycoreMedical malpractice insurance carrier partner. The Doctors Company is one of the largest medical malpractice insurers in the US.
- MedPro GroupcoreMedical malpractice and healthcare liability insurance partner. MedPro provides customized insurance solutions for healthcare providers.
- MIEC (Medical Insurance Exchange of California)coreCalifornia-based medical malpractice insurer. MIEC provides professional liability coverage exclusively to healthcare providers.
- CoveryscoreMedical malpractice insurance carrier partner. Coverys provides comprehensive insurance solutions and risk management services to healthcare organizations.
- CNAmajorCommercial property and casualty insurance carrier. CNA provides various insurance products including healthcare professional liability coverage.
- ChubbmajorGlobal property and casualty insurance carrier. Chubb provides commercial insurance solutions including healthcare liability coverage.
- AIGmajorGlobal insurance corporation providing property and casualty, casualty, and specialty insurance solutions including healthcare coverage.
- ZurichmajorGlobal insurance carrier offering commercial property and casualty insurance including healthcare industry solutions.
- Liberty MutualmajorProperty and casualty insurance carrier providing commercial insurance solutions including workers compensation and healthcare coverage.
- TravelersmajorProperty and casualty insurance company offering commercial coverage including healthcare liability and workers compensation.
- The HartfordmajorCommercial insurance carrier providing workers compensation, property, and casualty coverage for businesses including healthcare.
- LloydsmajorGlobal insurance market providing specialty and excess insurance coverage including healthcare liability.
- MarkelmajorSpecialty insurance carrier offering coverage for healthcare, professional liability, and other specialty lines.
- BerkSHIRE HATHAWAY HathawaymajorInsurance subsidiary of Berkshire Hathaway providing commercial property and casualty insurance solutions.
- BeazleynotableSpecialty insurance carrier offering cyber liability, professional liability, and healthcare coverage.
- HiscoxnotableSpecialty insurance carrier providing professional liability, cyber liability, and business insurance solutions.
- State Compensation Insurance FundnotableCalifornia workers compensation insurance carrier providing coverage for employers including healthcare organizations.
- Philadelphia InsurancenotableCommercial lines insurance carrier offering property, casualty, and professional liability coverage.
- Tokio Marine AmericanotableCommercial insurance carrier providing property, casualty, and professional liability coverage for businesses.
- Kinsale InsurancenotableExcess and surplus lines insurance carrier offering specialty coverage including healthcare liability.
- IronshorenotableSpecialty insurance carrier providing property and casualty coverage including healthcare industry solutions.
- Allied WorldnotableGlobal insurance and reinsurance company providing specialty insurance solutions including healthcare coverage.
- Arch InsurancenotableCommercial insurance carrier providing property, casualty, and specialty coverage including healthcare liability.
- RSUI GroupnotableExcess and surplus lines insurance carrier offering specialty coverage including professional liability.
- Lexington InsurancenotableExcess and surplus lines carrier providing property and specialty insurance solutions.
- GeneseenotableInsurance carrier providing commercial insurance solutions for the healthcare industry.
- Safety NationalnotableSpecialty insurance carrier offering workers compensation and alternative risk solutions.
- CopperpointnotableRegional insurance carrier providing workers compensation and commercial coverage primarily in the western US.
- ICW GroupnotableCalifornia-based insurance carrier providing workers compensation and commercial insurance solutions.
- Employers HoldingsnotableWorkers compensation insurance carrier providing coverage for small to mid-sized businesses.
- James River GroupminorSpecialty insurance company offering excess and surplus lines coverage including professional liability.
- Admiral InsuranceminorExcess and surplus lines insurance carrier providing specialty coverage.
- Alaska NationalminorRegional insurance carrier providing commercial property and casualty coverage.
- Altor SpecialtyminorSpecialty insurance carrier offering niche coverage solutions.
- AmWinsminorWholesale insurance broker providing access to specialty and surplus lines coverage.
- Hallmark FinancialminorCommercial insurance carrier offering specialty property and casualty coverage.
- Hudson InsuranceminorInsurance carrier providing commercial and specialty coverage including professional liability.
- Intact InsuranceminorCommercial insurance carrier providing specialty and commercial coverage solutions.
- NAS InsuranceminorSpecialty insurance carrier offering niche coverage including cyber and professional liability.
- RT SpecialtyminorWholesale and specialty insurance broker providing access to specialty insurance markets.
- BetaminorInsurance carrier partner providing specialty coverage solutions.
- CHIminorInsurance carrier providing commercial coverage solutions.
- CAP PhysiciansminorMedical malpractice insurance carrier providing coverage for physicians and surgeons.
Scale indicators7 records
Recent moves5 records
Expansion highlights3 records
Prevail competitors and assessment
Company assessmentDirect peers
- Brown & Riding Insurance Services: Specialty wholesale insurance brokerage with healthcare and professional liability expertise, providing similar carrier access and placement services for healthcare clients through a niche specialist model.
- HUB International: Large insurance brokerage with a dedicated healthcare practice serving medical professionals and organizations with malpractice, workers compensation, and benefits programs in a similar mid-market and enterprise segment.
- Lockton: Largest independent insurance brokerage globally with a substantial healthcare practice. Comparable as a competing independent broker serving healthcare organizations with malpractice, professional liability, and risk management services.
- Alliant Insurance Services: Specialty insurance brokerage with healthcare industry expertise, offering professional liability, property/casualty, and risk management services to medical groups and healthcare facilities through a relationship-led model.
- USI Insurance Services: Top-10 insurance brokerage with healthcare industry specialization, providing property/casualty, employee benefits, and risk management services to healthcare entities across multiple states.
- Woodruff-Sawyer & Co. Independent insurance brokerage with a dedicated healthcare practice serving medical groups, hospitals, and healthcare organizations. Directly comparable as a specialist broker competing in the same vertical with similar malpractice and professional liability placement focus.
- RPS Group (Risk Placement Services): Specialty wholesale brokerage with healthcare expertise in medical malpractice and professional liability placement, operating with a similar carrier-access-driven, relationship-led model.
Broad incumbents
- Aon: Global professional services firm with a large insurance brokerage and healthcare practice. Competes across all major commercial insurance lines including medical malpractice and benefits.
- Arthur J. Gallagher & Co. Major global insurance brokerage and risk management firm with a dedicated healthcare industry operation, providing similar P&C and professional liability services to hospitals and physician groups.
- Marsh McLennan: Global insurance brokerage and risk advisory giant with a significant healthcare industry practice. Competes broadly across all commercial insurance lines including medical malpractice, dwarfing Prevail in scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights2 records
Customer concentration
Prevail social profiles
Digital presencePrevail financial estimates
Financial estimateRevenue estimate
Valuation estimate
Prevail leadership team
Management profileNumber of profiles
Profiles2 records
Prevail funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Prevail 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 Prevail
What does Prevail do?
Prevail is an independent insurance brokerage and management firm that exclusively serves healthcare organizations, including physicians, medical groups, hospitals, foundations, clinics, and other healthcare entities. The company brokers and manages property and casualty insurance portfolios—most notably medical professional liability (malpractice), workers compensation, property and general liability, excess/umbrella, cyber, D&O, and other healthcare-specific coverages—while providing consultative services, risk management, alternatives to insurance (such as captive and self-insurance programs), and a complimentary in-depth coverage diagnosis. Services are provided free to clients, with Prevail compensated through commissions paid by insurance carriers.
Is Prevail a public or private company?
Prevail is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Prevail founded?
Prevail was founded in 2012. It employs 1 to 10 people.
Where is Prevail based?
Prevail is headquartered in Granite Bay, United States, in the North America region.
How does Prevail make money?
One revenue line is on record: insurance Brokerage Commissions.
Who are Prevail's main competitors?
Direct peers on record are Brown & Riding Insurance Services, HUB International, Lockton, Alliant Insurance Services, USI Insurance Services, Woodruff-Sawyer & Co. and RPS Group (Risk Placement Services). Broad incumbents are Aon, Arthur J. Gallagher & Co. and Marsh McLennan.
Does Prevail have an API?
No public API is recorded for Prevail.