Polaris
Polaris Risk Management & Insurance Services is a California-based retail insurance brokerage placing specialized coverage across 10 industry verticals — including legal, healthcare, manufacturing, construction, and DME — for SMB clients, earning commissions via A-rated carrier relationships and a 32-year relationship-led service model.
- Company typePrivate
- Founded1992
- HeadquartersConcord, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Polaris does
Polaris Risk Management & Insurance Services is a California-based retail insurance brokerage and risk management firm headquartered in Concord, CA (CA License #0D80810), operating as a subsidiary of FourPoints Holdings. The company functions as a full-service insurance agency placing coverage on behalf of clients through A-rated and exclusive carriers, and is differentiated by ten specialized industry-vertical programs: Attorney Errors & Omissions, Manufacturing, Cyber Liability, Construction, Commercial Property, Workers' Compensation, Doctors & Dentists, Assisted Living & Skilled Nursing, Durable Medical Equipment (DME), and Sleep Centers. Each vertical is supported by dedicated account specialists and targeted contact routing (e.g., attorney@, healthcare@, manufacturing@).
The company's go-to-market is relationship-led and direct: pricing is quote-based and not publicly disclosed, distribution runs through phone, email, and the corporate website (polaris-ins.com), and the firm claims a 97%+ client retention ratio supported by carrier partnerships and 32 years of operating history. Underlying capacity is broadened by a core partnership with Interstate Risk Insurance Services (IRIS), which provides access to Lloyd's of London, European, Bermuda and Cayman markets for specialty placements. Polaris earns revenue primarily through standard retail insurance brokerage commissions on placed premiums, with notable specialty economics in select verticals such as the DME program, which is reported at 25–35% below market with no rate increases in 11 years.
There is no evidence of proprietary technology, AI/ML capability, or a self-serve digital platform — the offering is fundamentally advisory and placement-driven rather than productized. The firm operates as a small boutique (1–10 employees) with operations confined to California despite claim of 'international influence' via carrier access. Leadership comprises CEO/Managing Director Randall O. Perry, COO/Director Edward Y. Derentz, and Senior Account Executive Marcy L. Stasi, holding CRM, CIC, and CISR designations.
Polaris firmographics
Firmographics- Name
- Polaris
- Legal name
- Polaris Risk Management & Insurance Services
- Website
- https://polaris-ins.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Polaris Risk Management & Insurance Services is a California-based retail insurance brokerage placing specialized coverage across 10 industry verticals — including legal, healthcare, manufacturing, construction, and DME — for SMB clients, earning commissions via A-rated carrier relationships and a 32-year relationship-led service model.
- Ownership category
- akta.pro rank
Polaris industry classification
Industry- Product category
- Commercial Insurance Brokerage
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
- akta.pro secondary industries
- Professional Liability (E&O) (FSAJAGAC), Workers’ Compensation for High-Hazard & Specialty Trades (FSAJAEAF)
Keywords
Where Polaris is headquartered
LocationHeadquarters
- HQ city
- Concord
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Polaris business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Insurance Brokerage Commissions: Polaris operates as a retail insurance agency earning commissions from insurance carriers for placing policies. The company works with exclusive carriers and A.M. Best rated carriers to provide competitive insurance programs to clients across various industries.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based pricing for all insurance products |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Polaris product offering
Product offeringCore offering
Polaris Risk Management & Insurance Services is a full-service retail insurance agency that places specialized insurance programs for business clients across ten industry verticals, including attorneys, manufacturers, construction contractors, commercial property owners, healthcare practices, assisted living facilities, durable medical equipment providers, and sleep centers. Coverage is underwritten through exclusive carrier relationships with A.M. Best 'A' rated insurers and delivered with risk management guidance from dedicated vertical specialists.
Product overview
Polaris Risk Management & Insurance Services is a full-service retail insurance agency that provides comprehensive coverage solutions and risk management services. The company operates as a single unified insurance brokerage offering multiple specialized insurance products across distinct verticals including professional liability (Attorneys E&O), commercial property, construction, manufacturing, cyber liability, workers' compensation, healthcare (Doctors & Dentists, Assisted Living, Sleep Centers), and Durable Medical Equipment. All products are delivered through the company's proprietary specialty programs and backed by A.M. Best 'A' rated carriers, with each product line managed by dedicated specialists.
Differentiator
Problem solved
Functional benefit
Products and services
- Attorneys Errors & Omissions (Lawyers Malpractice Program)
Quantifiable outcome
- Average data breach cost of $204 per lost record, with breach remediation costs reaching nearly $5,000,000 for 800,000+ client records exposed
- +2 more outcomes
Companies that use Polaris
Customer profileSegments10 records
Ideal customer profiles10 records
Polaris technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Polaris partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Interstate Risk Insurance Services (IRIS)coreIRIS Risk Management is described as a Partner & Resource on Polaris's Reliability page. IRIS designs, underwrites and administers Insurance Programs with robust relationships among carriers. They have access to Lloyd's of London, European market as well as offshore points in Bermuda and the Cayman Islands. IRIS is committed to maintaining visionary perspective while creating and delivering risk solutions that help maximize clients' chances of success.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Polaris competitors and assessment
Company assessmentDirect peers
- Heffernan Insurance Brokers: Mid-market specialty insurance broker with deep expertise across professional liability, cyber, construction, and healthcare verticals, very similar in profile to Polaris as a California-headquartered specialty agency serving SMB clients.
- AssuredPartners: Large specialty insurance brokerage with multi-vertical product offerings and significant retail agency operations, comparable in product breadth and target customer segments.
- RPS (Ryan Specialty): Specialty insurance program manager that designs, underwrites and administers packaged insurance programs across niche verticals — directly parallel to how Polaris builds its sleep center, DME, and assisted living packages.
- Woodruff-Sawyer & Co. Mid-market specialty insurance broker with strong professional liability and executive lines practice — overlaps Polaris's attorneys E&O and management liability offerings.
- Burns & Wilcox: Specialty insurance brokerage operating across professional and excess & surplus lines, matching Polaris's positioning in E&O, professional liability, and high-hazard commercial placements via dedicated carrier relationships.
- Brown & Riding: Specialty insurance brokerage and wholesale firm focused on excess & surplus and professional lines — overlapping core competency with Polaris on hard-to-place and specialty commercial risks.
- Hilb Group: Specialty insurance brokerage with packaged programs across multiple verticals and a roll-up acquisition strategy — directly comparable in model to a small multi-vertical specialist agency.
Broad incumbents
- Alliant Insurance Services: Large diversified insurance brokerage with substantial specialty practice and program management capabilities; represents a scaled-up competitive benchmark in many of the same lines Polaris writes.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Polaris social profiles
Digital presencePolaris financial estimates
Financial estimateRevenue estimate
Valuation estimate
Polaris leadership team
Management profileNumber of profiles
Profiles3 records
Polaris funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Polaris 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 Polaris
What does Polaris do?
Polaris Risk Management & Insurance Services is a full-service retail insurance agency that places specialized insurance programs for business clients across ten industry verticals, including attorneys, manufacturers, construction contractors, commercial property owners, healthcare practices, assisted living facilities, durable medical equipment providers, and sleep centers. Coverage is underwritten through exclusive carrier relationships with A.M. Best 'A' rated insurers and delivered with risk management guidance from dedicated vertical specialists.
Is Polaris a public or private company?
Polaris is a private company. It is classified as corporate owned and is currently operating.
When was Polaris founded?
Polaris was founded in 1992. It employs 1 to 10 people.
Where is Polaris based?
Polaris is headquartered in Concord, United States, in the North America region.
How does Polaris make money?
One revenue line is on record: insurance Brokerage Commissions.
Who are Polaris's main competitors?
Direct peers on record are Heffernan Insurance Brokers, AssuredPartners, RPS (Ryan Specialty), Woodruff-Sawyer & Co., Burns & Wilcox, Brown & Riding and Hilb Group. Alliant Insurance Services is listed as a broad incumbent.
Does Polaris have an API?
No public API is recorded for Polaris.
What industry is Polaris in?
Polaris's product category is Commercial Insurance Brokerage. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines), with a secondary code of FSAJAGAC, Professional Liability (E&O). Its NAICS code is 5242 and its SIC code is 6411.