Brunswick Companies

What Brunswick Companies does

Brunswick Companies is an independent insurance brokerage and risk management firm founded in 1972 in Cleveland, Ohio by Morton Stein, currently led by CEO Todd Stein (son of the founder) with Co-Presidents Michelle Hirsch and Rachel Weinberg appointed in April 2025. The firm operates as a privately held, family-owned agency organized around six service lines: surety bonds (contract, court, fidelity, license/permit, plus SBA Bond Guarantee Program); professional liability insurance (accountants, attorneys, architects/engineers, consultants, technology professionals, title agencies, property managers); commercial insurance (general liability, commercial property, business income interruption, cyber liability, management liability, commercial auto); personal insurance through the Brunswick Private Client division serving high-net-worth individuals and family offices (including umbrella/excess liability up to $50M); risk management and claims advisory; and property preservation insurance.

The company is licensed in all 50 U.S. states and represents only A-rated insurance carriers, maintaining relationships with 30+ markets to source standard, exclusive, specialty, and hard-to-place coverage. There is no proprietary technology platform; operations are people-led by a credentialed team of brokers and risk management consultants (credentials include CIC, CAPI from Wharton/Chubb). Revenue is generated through brokerage commissions on premiums placed across personal, commercial, professional, and surety lines, priced on a quote-based, individually-underwritten model with monthly billing.

The go-to-market is sales-led, combining direct sales through licensed advisors, a website-driven quote-request funnel, and a flagship referral partnership program with financial advisors, accountants, and lawyers who position Brunswick as an extension of their advisory teams. The firm has received The Hanover Insurance Group's National Specialty Agency of the Year (2014) and four-plus consecutive President's Club appointments (top 5% of ~2,200 partner agencies), plus a 2016 Family Business Achievement Award from Smart Business Magazine.

Name

Brunswick Companies

Legal name

Brunswick Companies

Website

https://brunswickcompanies.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

Brunswick Companies is a privately held, family-owned independent insurance brokerage and risk management firm, founded in 1972 and licensed in all 50 U.S. states. It places commercial, professional liability, personal, surety bond, and risk management coverage for businesses, professionals, contractors, and high-net-worth individuals through 30+ A-rated carrier relationships.

Ownership category

akta.pro rank

Product category

Insurance Brokerage and Risk Management

NAICS

Insurance Agencies and Brokerages (52421), 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 industry

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)

Keywords

• Insurance brokerage services
• Commercial insurance coverage
• Professional liability insurance
• Personal risk management
• Surety bond services

Headquarters

HQ city

Cleveland

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

Revenue model

1. Insurance Brokerage Commissions: Brunswick Companies earns revenue through commissions from insurance carriers for placing policies. As an independent insurance agency representing A-rated carriers, they receive compensation based on premiums written for various insurance products including surety bonds, professional liability, commercial insurance, personal insurance, and risk management services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Brunswick Companies is an independent insurance agency and brokerage that places commercial, professional, and personal insurance policies, surety bonds, and risk-management solutions. It represents A-rated insurance carriers, tailors coverage and bonds to client exposures, and is licensed in all 50 states.

Product overview

Brunswick Companies operates as an independent insurance agency providing a comprehensive portfolio of insurance and risk management solutions since 1972. The company's offerings are organized around six core service areas: (1) Surety Bonds covering contract, court, fidelity, and license/permit bonds with access to specialty and hard-to-place markets including SBA Bond Guarantee Program; (2) Professional Liability Insurance serving multiple professions including accountants, architects, engineers, attorneys, consultants, property managers, technology professionals, and title agencies; (3) Commercial Insurance including general liability, commercial property, business income interruption, cyber liability, management liability, and commercial auto coverage; (4) Personal Insurance through Brunswick Private Client for high-net-worth individuals including umbrella/excess liability coverage up to $50 million; (5) Risk Management including advisory services, insurance audits, and self-insured retention programs; and (6) Property Preservation services for property inspectors and preservation businesses. The company is licensed in all 50 states and represents only A-rated insurance carriers.

Differentiator

Problem solved

Functional benefit

Products and services

• Surety Bonds Surety bond services providing contractual guarantees, including contract bonds, court bonds, fidelity bonds, and license and permit bonds. The company secures standard, exclusive, specialty, and hard-to-place surety bonds.
• Contract Bonds Construction-related bonds, including bid bonds, performance bonds, and payment bonds required for government and private construction projects.
• Bid Bonds Financial-assurance bonds guaranteeing that contractor bids are submitted in good faith and that contractors will honor the bid terms.
• Performance Bonds Guarantees that contractors will faithfully perform contract terms, protecting owners from financial loss resulting from contractor non-performance.
• Payment Bonds Guarantees payment of contractor obligations to subcontractors, laborers, and material suppliers on construction projects.
• Court Bonds Bonds required for legal and court proceedings.
• Fidelity Bonds Protection against losses caused by employee dishonesty or fraudulent acts.
• License & Permit Bonds Bonds required by government agencies for businesses to obtain licenses and permits to operate.
• Professional Liability Insurance Errors-and-omissions insurance protecting professionals from malpractice, negligence, and inaccurate-advice claims, with coverage offered for multiple professional categories.
• Accountants Professional Liability Insurance Professional liability coverage for accountants and CPAs.
• Architects & Engineers Professional Liability Insurance Professional liability coverage for architects and engineering professionals.
• Attorneys Professional Liability Insurance Professional liability coverage for lawyers and legal professionals.
• Technology Professionals Liability Insurance Professional liability coverage for technology professionals and IT service providers.
• Consultant Consulting Services E&O Insurance Errors-and-omissions insurance for consultants and consulting services.
• Property Management Insurance Professional liability coverage for property managers.
• Title Agency E&O Insurance Errors-and-omissions insurance for title agencies.
• Commercial Insurance Business insurance products including commercial auto, commercial property, general liability, management liability, and cyber liability coverage.
• Commercial General Liability Insurance Protection against third-party claims relating to premises, products, completed operations, and fire legal liability, including medical expenses and personal or advertising injury.
• Commercial Property Insurance Protection against physical property damage or loss, including the structure, additions, and possessions within a business property.
• Business Income Interruption Insurance Reimburses business owners for lost profits and continuing fixed expenses during business closures caused by physical damage from covered perils.
• Commercial Cyber Liability Insurance Coverage for exposures arising from internet communications and computer-network activities, including first-party and third-party cyber risks.
• Management Liability Insurance Executive liability coverage combining D&O, employment-practices, fiduciary, and professional liability protection for private business owners.
• Commercial Auto Insurance Insurance coverage for business vehicles and commercial auto fleets.
• Personal Insurance Personal insurance offerings through the Brunswick Private Client division for high-net-worth individuals and families.
• Personal Excess Liability (Umbrella) Insurance Expands liability protection beyond homeowners, auto, and boat insurance with worldwide coverage limits up to $50 million.
• Risk Management Strategic advisory services and claims management addressing client exposures, including insurance audits and self-insured retention programs.
• Property Preservation Insurance and risk-management services for property-preservation businesses, including coverage for property inspectors.

Quantifiable outcome

• National Specialty Agency of the Year recognition by The Hanover Insurance Group
• +1 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and flagship.

• U.S. Small Business Administration (SBA)coreStrategic or Co-development Partner · 3 April 2019SBA Surety Bond Guarantee Program partnership enabling Brunswick Companies to provide surety bonds for small and emerging contractors who may not meet standard market requirements. Brunswick assists contractors in obtaining bid, performance, and payment bonds for contracts up to $6.5 million (or $10 million for federal contracts with certification).
• The Hanover Insurance GroupcoreStrategic or Co-development Partner · 1 January 2014Strategic insurance carrier partnership where Brunswick Companies serves as a specialty agency partner representing The Hanover Insurance Group products including lawyers professional liability, management liability, mortgage field service, specialty classes, commercial surety, technology and healthcare coverage. Brunswick has received National Specialty Agency of the Year award and President's Club recognition for 4+ consecutive years.
• A-Rated Insurance CarrierscoreOthersBrunswick Companies is an independent insurance agency representing only A-rated insurance carriers, maintaining relationships with 30+ markets to provide diverse coverage options across personal, commercial, and professional insurance lines.
• Financial Advisors, Accountants, and LawyersflagshipChannel Partner/ Reseller/ DistributorStrategic partnership program targeting financial advisors, accountants, and lawyers who want to offer their clients comprehensive risk management and insurance services. Brunswick positions itself as working as an extension of these professionals' teams to help clients understand personal risk management and provide coverage recommendations.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• IMA Financial Group: IMA Financial Group is an independent, employee-owned insurance brokerage of comparable size offering commercial, personal, and surety solutions across the U.S. — a direct peer in business model, customer segments, and independent agency structure.
• RPS (Risk Placement Services): RPS is a wholesale specialty brokerage focused on placing excess & surplus, professional liability, and hard-to-place risks — directly comparable to Brunswick's specialty surety and professional liability placement capabilities.
• Brown & Riding Insurance Services: Brown & Riding is a wholesale specialty brokerage specializing in professional liability, E&O, and excess & surplus lines for niche professions — comparable to Brunswick's professional liability and hard-to-place surety practice.
• Burns & Wilcox: Burns & Wilcox is a wholesale brokerage specializing in excess & surplus, specialty, and hard-to-place risks including surety — a peer in wholesale/specialty placement and carrier access strategy.
• Insurance Office of America: Insurance Office of America is a mid-sized independent insurance brokerage serving commercial and personal lines customers nationally — a direct peer in independent-agency model and target customer base.
• Haigler Insurance Group: Haigler Insurance is a regional independent commercial insurance brokerage serving commercial, personal, and surety customers — comparable to Brunswick in independent agency structure and multi-line service mix.
• World Insurance Associates: World Insurance Associates is a fast-growing independent insurance brokerage built through acquisitions, serving commercial and personal lines nationally — a peer competing for the same independent-agency customer profile.

Broad incumbents

• USI Insurance Services: USI is one of the largest U.S. insurance brokerages serving middle-market commercial accounts with property & casualty, surety-adjacent, and personal lines capabilities — a scaled incumbent competing for the same customer profiles as Brunswick.
• Marsh McLennan: Marsh is the largest global insurance brokerage and risk advisory firm — a broad incumbent whose expanding middle-market and specialty practices increasingly overlap Brunswick's commercial and professional liability segments.

Others

• The Hanover Insurance Group: The Hanover is a primary carrier partner of Brunswick and an insurance carrier in commercial, specialty, and personal lines — included as an ecosystem participant whose strategic relationship materially shapes Brunswick's product offering and recognition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/michellehirschinsurance
• LinkedInlinkedin.com/company/brunswick-companies
• Xx.com/brunswickco

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Brunswick Companies