Patterson & Associates Insurance Agency

What Patterson & Associates Insurance Agency does

Patterson & Associates Insurance Agency is an independent insurance brokerage headquartered in Richardson, Texas, founded in 1983 by Ron Patterson after his prior tenure at Safeco Insurance. The agency operates across three core divisions — commercial insurance, personal insurance, and employee benefits — serving over 7,000 clients and managing approximately 21,000 policies across 40 U.S. states. It maintains appointments with 40+ A-rated carrier partners including Travelers, Chubb, Liberty Mutual, Nationwide, Hartford, Progressive, CNA, Hanover, Markel, Mercury, Zurich, and a benefits roster spanning Aetna, Aflac, BCBS of Texas, Cigna, United Healthcare, and Unum.

The product portfolio is broad and productized into industry verticals: 14 commercial coverage lines (general liability, property, workers compensation, cyber, D&O, EPLI, builder's risk, commercial auto, crime, environmental, equipment breakdown, inland marine, professional liability, umbrella); 5 personal lines (home, auto, umbrella, watercraft, valuables); and 10+ employee benefits offerings (group health, dental, vision, life, disability, accident, critical illness, Medicare supplements, annuities, long-term care). Industry-specific programs target construction, healthcare/wellness, technology, restaurants/hospitality, energy/oil & gas, transportation, staffing, roofing, fire suppression, non-profits/churches, self-storage, and professional services. Technology infrastructure consists of a CSR24 client portal, the Employee Navigator HR/benefits platform, and the Canopy digital quoting tool for personal lines — all third-party SaaS rather than proprietary systems.

The business model is commission-based on placed premiums, with revenue distributed across personal lines, commercial lines, and group benefits. Distribution is sales-led and direct: phone outreach, website contact forms, in-person consultations at the Richardson office, referral networks, content marketing via an educational blog, and community sponsorships. Headcount of 35+ includes 7 partners and roughly a dozen risk advisors holding professional designations (CIC, CRM, CPCU, CLU, ACSR, CPRM, EBMC, REBC). The firm is privately held, has no external funding or M&A history, and operates as a partnership under the legal entity Patterson & Associates Insurance Agency, Inc.

Name

Patterson & Associates Insurance Agency

Legal name

Patterson & Associates Insurance Agency, Inc.

Website

https://piainsure.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Short description

Patterson & Associates is an independent Texas-based insurance brokerage founded in 1983, offering commercial, personal, and group benefits coverage through 40+ A-rated carrier partners to over 7,000 clients across 40 U.S. states.

Ownership category

akta.pro rank

Headquarters

HQ city

Richardson

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: The agency earns commissions from insurance carriers for policies placed. As an independent agency representing multiple insurance companies, they receive commission based on premium volume placed with each carrier.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Patterson & Associates is an independent insurance agency that brokers commercial, personal, and employee benefits coverage by shopping across 40+ A-rated carriers on behalf of clients. The agency places policies across property, liability, workers compensation, cyber, auto, homeowners, and group benefit lines, then supports clients with ongoing servicing and claims advocacy.

Product overview

Patterson & Associates Insurance Agency is an independent insurance agency offering a comprehensive portfolio of insurance products and services through three main divisions: Commercial Insurance, Personal Insurance, and Employee Benefits. The agency provides 14 commercial insurance products including property, liability, and specialty coverages such as Builder's Risk, Cyber Liability, D&O, and Workers Compensation; 5 personal insurance products including Homeowners, Auto, Umbrella, Watercraft, and Collections coverage; and 10+ employee benefits offerings including health, life, dental, vision, and annuity products. The agency represents over 40 top-rated insurance carriers and serves clients across 40 states. The portfolio spans industry-specific coverages for Construction, Healthcare, Technology, Restaurants, Energy/Oil & Gas, Non-Profits, and Transportation sectors, positioning the agency as a full-service insurance supermarket for both business and individual clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Builder's Risk Insurance Course of construction insurance protecting building owners and construction teams against losses from theft, fire, storms, or other damages during new construction or renovation projects. Sold to construction firms and property owners undertaking building projects.
• Commercial Auto Insurance Insurance policies for business vehicles including standard vehicles, construction equipment, trucks, vans, trailers, and buses. Sold to businesses with vehicle fleets.
• Commercial Crime Insurance Protection against losses from petty theft, burglary, fraud, forgery, and other crime-related issues committed by employees and outside entities. Sold to businesses seeking crime and fidelity coverage.
• Commercial General Liability Insurance Coverage protecting businesses from claims involving bodily injury, advertising injury, personal injury, and property damage resulting from products, services, or operations. Sold to businesses of all sizes.
• Commercial Property Insurance Insurance safeguarding buildings and business assets against damage from fires, storms, or other covered incidents, including lost income during business disruptions. Sold to building owners and business operators.
• Cyber Liability Insurance Coverage protecting businesses against internet-based threats including system repair costs, data recovery, identity theft, hacking incidents, and intellectual property infringement. Sold to businesses with digital and data exposure.
• Directors and Officers Liability (D&O) Insurance Insurance shielding management and executives from claims brought against them during their service on boards of directors or as officers of an organization. Sold to corporations and non-profits needing executive liability coverage.
• Employment Practices Liability Insurance (EPLI) Protection for businesses against employee claims alleging breaches of their legal rights, including sexual harassment, discrimination, wrongful termination, and breach of employment contract. Sold to employers of all sizes.
• Environmental & Pollution Insurance Coverage including underground and aboveground storage tank insurance, premises pollution insurance, and contractors pollution liability insurance. Sold to businesses with environmental exposure.
• Equipment Breakdown Insurance Insurance covering financial losses from equipment malfunctions due to accidents including power surges, short circuits, centrifugal force, boiler overheating, and mechanical breakdown. Sold to businesses reliant on operational equipment.
• Inland Marine Insurance Coverage for assets while in transit or on land, from construction equipment to fine art. Sold to businesses needing transit and mobile-asset protection.
• Professional Liability Insurance (E&O) Errors and omissions insurance safeguarding businesses against claims of errors, mistakes, or negligence in the delivery of professional services. Sold to consultants, advisors, and service professionals.
• Umbrella Insurance and Excess Liability Insurance (Commercial) Policies providing additional coverage beyond primary insurance limits once payout limits are reached. Sold to businesses seeking excess liability protection.
• Workers Compensation Insurance Insurance covering medical and rehabilitation expenses for employees injured, ill, or disabled while on the job. Sold to Texas businesses and other employers needing statutory workers comp coverage.
• Homeowners Insurance Protection for homes covering hazards such as storm damage, fire, windstorm, lightning, hail, and personal liability exposures. Sold to individual homeowners.
• Auto Insurance Coverage for vehicles including liability, collision, comprehensive, medical payments, emergency road service, and uninsured motorist protection. Sold to individual vehicle owners.
• Excess Liability / Umbrella Insurance (Personal) Personal umbrella policies providing protection against injuries in car accidents, injuries on property, property damage, and legal costs up to typically $5 million. Sold to individuals and families seeking excess personal liability coverage.
• Watercraft Insurance Insurance for boats and personal watercraft including runabouts, sailboats, pontoons, house boats, cabin cruisers, and fishing boats, covering personal liability, boat, motor, trailer, and medical perils. Sold to individual boat and watercraft owners.
• Collections & Valuables Insurance Comprehensive protection for valuable collections including art, antiques, jewelry, rare coins, and other high-value items against theft, accidental damage, and natural disasters. Sold to individual collectors.
• Employee Benefits Group benefits packages including term life insurance, universal life insurance, health insurance, Medicare supplements, dental and vision insurance, key man and buy-sell insurance, trip/accident coverage, annuities, medical savings accounts, and long-term care. Sold to employer groups.
• Automobile Services / Garage Keepers Insurance Coverage for garage businesses including garage liability for property damage or bodily harm, and garage keeper's coverage for vehicles left in care. Sold to automobile service and garage businesses.
• Construction Industry Insurance Specialized insurance programs for construction firms including builders, general contractors, construction managers, and specialty trades. Sold to construction businesses.
• Energy/Oil & Gas Industry Insurance Insurance solutions for oil and gas industry covering day-to-day field operations and regulatory environment exposures. Sold to oil and gas operators and service companies.
• Fire Suppression and Sprinkler Contractors Insurance Competitive coverage tailored for fire suppression and sprinkler businesses addressing their unique operational risks. Sold to fire suppression and sprinkler contractors.
• Healthcare/Wellness Facilities Insurance Custom insurance policies addressing the unique needs of healthcare and wellness facilities including malpractice and management liability coverage. Sold to healthcare and wellness facilities.
• Manufacturers & Wholesalers Insurance Risk management programs and insurance coverage for manufacturing and wholesaler firms addressing cybersecurity, environmental, and supply chain risks. Sold to manufacturers and wholesalers.
• Non-Profits & Churches Insurance Insurance solutions for non-profit organizations, churches, and human/mental health facilities with effective risk management strategies. Sold to non-profits and religious organizations.
• Payment & Performance Bonds Surety bonds helping contractor clients win bids and get started on jobs, facilitated through strong relationships with surety underwriters. Sold to contractors needing surety bonding for projects.
• Professional Services Insurance Professional liability insurance for businesses providing advice or services such as tax preparation, land surveying, and other professional services. Sold to professional service firms.
• Restaurants & Bars/Hospitality Insurance Comprehensive insurance packages for the hospitality industry including property, liability, liquor liability, and workers' compensation coverage. Sold to restaurants, bars, and hospitality businesses.
• Roofing Contractors Insurance Customized insurance programs designed for exposures roofing contractors face including personal injury, property damage, and weather-related risks. Sold to roofing contractors.
• Self-Storage & Real Estate Insurance All-encompassing risk management solutions for self-storage facilities and real estate exposures covering both property and liability. Sold to self-storage operators and real estate owners.
• Staffing Services Insurance Custom-tailored insurance solutions for employment agencies protecting against potential legal disputes with premises and client coverage. Sold to staffing and employment service firms.
• Technology Industry Insurance Risk management and insurance coverage for technology companies addressing data breaches, equipment failures, and cyber risks. Sold to technology companies.
• Transportation Industry Insurance Specialized coverage for transportation and trucking clients including private fleets, intermodal haulers, freight brokers, and household movers. Sold to transportation and trucking operators.

Named customers6 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

38 partnerships are on record, tiered core and minor.

• Acuity InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner providing commercial and personal insurance products through the agency.
• American ModerncoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• AmTrust FinancialcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Berkley SouthwestcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner specializing in commercial lines.
• Berkshire Hathaway GUARDcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Central Insurance CompaniescoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• ChubbcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• The Cincinnati Insurance CompaniescoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• CNA InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• CNA SuretycoreChannel Partner/ Reseller/ DistributorSurety bond carrier partner for payment and performance bonds.
• Columbia Insurance GroupcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• EMC InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Foremost Insurance GroupcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner specializing in specialty lines.
• Grundy InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• GuideOne InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• HagertycoreChannel Partner/ Reseller/ DistributorInsurance carrier partner for classic car and collector vehicle coverage.
• Hanover Insurance CompanycoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Liberty Mutual InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• MarkelcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Mercury InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• NationwidecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Philadelphia InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• ProgressivecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Safeco InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner (founder previously worked at Safeco).
• Service LloydscoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Texas MutualcoreChannel Partner/ Reseller/ DistributorWorkers compensation insurance carrier partner serving Texas businesses.
• The HartfordcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• TravelerscoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner. Agency was previously a Travelers Elite agency.
• USLIcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Utica National Insurance GroupcoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• Zurich InsurancecoreChannel Partner/ Reseller/ DistributorProperty & Casualty insurance carrier partner.
• AetnacoreChannel Partner/ Reseller/ DistributorHealth insurance carrier partner for employee benefits.
• AflaccoreChannel Partner/ Reseller/ DistributorSupplemental insurance carrier partner for employee benefits.
• BCBS of TexascoreChannel Partner/ Reseller/ DistributorHealth insurance carrier partner for employee benefits in Texas.
• CignacoreChannel Partner/ Reseller/ DistributorHealth insurance carrier partner for employee benefits.
• United HealthcarecoreChannel Partner/ Reseller/ DistributorHealth insurance carrier partner for employee benefits.
• UnumcoreChannel Partner/ Reseller/ DistributorBenefits insurance carrier partner offering life, disability, accident, critical illness, dental, and vision coverage.
• John Wayne Cancer FoundationminorOthersPatterson & Associates is a lead fundraiser since 2014, having raised over $35,000 for cancer research. Philip Lawson created a John Wayne Cancer Foundation Ron Lawson Memorial Cancer Research Grant in honor of his father.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Heffernan Insurance Brokers: Independent commercial and personal insurance brokerage with broad product offerings. Comparable multi-carrier independent model and SMB/mid-market commercial focus.
• Acrisure: Tech-enabled, PE-backed insurance brokerage built through aggressive roll-up acquisitions. Comparable independent multi-carrier model with strong commercial and personal lines focus, but with embedded technology investments Patterson lacks.
• Woodruff Sawyer: Independent commercial insurance brokerage with strong specialty practice focus. Comparable in independent model and emphasis on commercial coverage expertise over captive carrier representation.
• AssuredPartners: National independent insurance brokerage formed via PE-backed roll-up of regional agencies. Directly comparable in independent multi-carrier model and broad commercial/personal/benefits portfolio, but at much larger scale.
• Higginbotham: Large Texas-based independent insurance agency offering commercial, personal, and employee benefits coverage across multiple states. Closely comparable geographic and product mix, with a similar multi-carrier independent model and vertical specialization.
• The Liberty Company Insurance Brokers: Independent insurance brokerage with commercial, personal, and employee benefits offerings. Similar in independent model, broad product portfolio, and partnership-driven growth strategy.
• Brown & Riding Insurance Services: Independent specialty insurance brokerage focused on commercial lines. Comparable in independent multi-carrier structure and commercial expertise, with a stronger specialty/wholesale orientation.
• Leavitt Group: Independent insurance agency network with multiple regional offices across the western U.S. Similar independent multi-carrier structure, broad product portfolio, and partner-led ownership model.

Broad incumbents

• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm. Overlaps with Patterson & Associates in commercial P&C brokerage and benefits, but at vastly larger scale and with broader enterprise client focus.
• Alliant Insurance Services: Large national insurance brokerage offering commercial, personal, and employee benefits. Operates at meaningfully larger scale but overlaps substantially in product mix and target market (SMB/mid-market).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PIAInsure
• Facebookfacebook.com/PIAInsure

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

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 Patterson & Associates Insurance Agency