Pegasus Insurance

What Pegasus Insurance does

Pegasus Insurance Agency LLC is a privately-held, founder-owned independent insurance agency headquartered in Longwood, Florida, operating from a single office at 740 Florida Central Parkway, Suite 2048. The agency was established in 2021 by Michael Kryger, who has worked in the insurance industry since 2001 across claims investigation, legal cases, and prior independent agency roles. Pegasus serves individuals, families, and small businesses across Central Florida — specifically Seminole, Orange, Lake, Volusia, and Osceola Counties — distributing personal and commercial lines on behalf of 30+ carrier partners including Progressive, Geico, Tower Hill, Florida Peninsula, Security First, Mercury, Hagerty, Edison, and others. Core product lines span auto, homeowners, renters, umbrella, motorcycle, boat, recreational vehicle, ATV, flood, business/commercial, and surety bonds, with coverage tailored to Florida-specific risks such as hurricanes, wind, hail, and flooding.\n\nThe agency operates on a commission-based revenue model, earning carrier payouts on bound and renewed policies rather than charging customers directly; pricing is quote-based and individualized, billed monthly to the underlying carriers' policyholders. Customer acquisition runs through a sales-led, inside-sales motion centered on a phone line (407-260-5870), a website with service pages and quote forms, in-person consultations at the Longwood office, and referral channels reinforced by community affiliations (Seminole Chamber of Commerce, FAIA, IIACF, BBB, Easterseals Florida, UCF). There is no proprietary technology product, app, or API surface; the agency's tech footprint is limited to a marketing website and reliance on carrier platforms for policy management. The firm has no external institutional funding, no parent company, no subsidiaries, and operates with 1-10 employees led by the founder.

Name

Pegasus Insurance

Legal name

Pegasus Insurance Agency

Website

https://pegasusinsfl.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Pegasus Insurance Agency LLC is a privately-held, founder-owned independent insurance agency in Longwood, Florida, distributing personal and commercial lines (auto, home, flood, umbrella, recreational, commercial, surety bonds) from 30+ carriers to individuals, families, and small businesses across five Central Florida counties.

Ownership category

akta.pro rank

Product category

Independent Insurance Agency (Personal and Commercial Lines)

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Commercial Package / Business Owners Policies (BOP) (FSAJAMAG)

akta.pro secondary industries

Personal Umbrella Insurance (FSAJANAA), Standalone Umbrella Liability (FSAJANAE)

Keywords

• Independent insurance agency
• Homeowners insurance
• Auto insurance
• Commercial insurance
• Flood insurance

Headquarters

HQ city

Longwood

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Commission Revenue: Pegasus Insurance operates as an independent insurance agency earning commissions from multiple insurance carriers including Florida Peninsula, Ovation, BriteCo, Manatee Insurance Exchange, Security First, Rocket Flood Insurance, The General, National General Insurance, Geico, Old Republic Surety Bonds, Halcyon Underwriters, Propeller Surety Bonds, SafePoint Insurance, CRC Group, Edison Insurance, Wright Flood Insurance, Hagerty, Southern Oak Insurance, Mercury, Tower Hill Insurance, Foremost Insurance, Progressive Insurance, Geovera, Bristol West Insurance, Ocean Harbor Insurance, Amelia Underwriters, Tapco, BASS Underwriters, Braishfield, JC Taylor Insurance, and RT Specialty. They earn commissions by selling and servicing insurance policies across multiple lines including auto, home, boat, motorcycle, RV, ATV, flood, renters, umbrella, and surety bonds.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Pegasus Insurance is an independent insurance agency that sells personal and commercial insurance policies on behalf of more than 20 carrier partners. The agency places auto, homeowners, renters, umbrella, motorcycle, boat, RV, ATV, flood, business/commercial, and surety bond coverage for individuals and small businesses in Central Florida. As an independent agent, the firm shops across carriers to source competitive rates and tailored coverage for each customer.

Product overview

Pegasus Insurance is an independent insurance agency based in Longwood, Florida, offering a portfolio of insurance products distributed through partnerships with multiple carriers. The agency provides personal lines (Auto, Homeowners, Renters, Umbrella, Motorcycle, Boat, ATV, RV, and Flood Insurance) and commercial products (Business/Commercial Insurance and Surety Bonds). The company acts as an independent agent, shopping multiple quality insurance carriers to offer customers the best rates with comprehensive coverage. Products are not sold as a unified platform but as individual standalone policies tailored to customer needs, with the agency serving as the intermediary connecting customers to various carrier partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance Vehicle coverage protecting against accidents, vandalism, fire, theft, weather damage, and medical costs for cars, trucks, SUVs, vans, and convertibles. Includes liability, collision, comprehensive, uninsured/underinsured motorist, and Personal Injury Protection, serving Florida drivers required to carry minimum $10,000 PIP and $10,000 PDL.
• Homeowners Insurance Protection for homes against fire, flood, hurricane, wind, hail, storm damage, and liability for visitor injuries. Covers homes of various sizes and construction types (concrete block, wood frame) with shingle or tile roofing, addressing Central Florida hurricane season risks from June through October.
• Business/Commercial Insurance Comprehensive commercial coverage including property, liability, business interruption, and vehicle damage insurance. Designed for small businesses including contractors, handymen, roofers, plumbers, electricians, HVAC technicians, and drywall installers.
• Renters Insurance Tenant coverage protecting personal belongings against theft, vandalism, flood, fire, or damage. Reimburses replacement value of destroyed items and includes tenant liability coverage for visitor injuries, available for renters of homes, apartments, condominiums, and mobile homes.
• Umbrella Insurance Additional liability coverage that activates when other policy limits are exhausted, providing extra protection for lawsuits, property damage, personal liability, and injuries, including slander, libel, malicious prosecution, false arrest, and mental anguish claims.
• Motorcycle Insurance Coverage for motorcycles, scooters, 2-wheel and 3-wheel vehicles including bodily injury, property damage liability, collision coverage, comprehensive coverage, medical payments, and uninsured/underinsured motorist protection.
• Boat Insurance Watercraft coverage for motorboats, sailboats, pontoon boats, fishing boats, cruisers, yachts, and houseboats. Includes property coverage, liability coverage, medical payments, uninsured watercraft coverage, and protection against accidents, fire, rocks, and sinking.
• Recreational Vehicle Insurance Coverage for motorhomes, campers, travel trailers, bumper pull trailers, 5th wheel campers, Class A/B/C motorhomes, camper vans, and tow-behind campers. Protects against bodily injury and property damage claims with roadside breakdown reimbursement.
• ATV Insurance All-terrain vehicle coverage including liability, collision and comprehensive, uninsured/underinsured motorist, medical payments, optional equipment, and transport trailer physical damage coverage.
• Flood Insurance Flood protection through the National Flood Insurance Program (NFIP) and private market carriers. Covers homes in high-risk flood zones and those seeking additional peace of mind, meeting FEMA guidelines and lender requirements.
• Surety Bonds Florida surety bonds including contractor license bonds, performance and payment bonds, and probate bonds. Guarantees contractual and legal obligations for contractors, businesses, and individuals.

Segments9 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

37 partnerships are on record, tiered core and minor.

• Florida PeninsulacoreChannel Partner/ Reseller/ DistributorInsurance carrier partner offering homeowners insurance products. Logo displayed on Pegasus Insurance website indicating active partnership.
• OvationcoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• BriteCocoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Manatee Insurance ExchangecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Security FirstcoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Rocket Flood InsurancecoreChannel Partner/ Reseller/ DistributorFlood insurance carrier partner specializing in NFIP and private market flood coverage for Florida residents.
• The GeneralcoreChannel Partner/ Reseller/ DistributorInsurance carrier partner known for auto insurance. Logo displayed on Pegasus Insurance website indicating active partnership.
• National General InsurancecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• GeicocoreChannel Partner/ Reseller/ DistributorMajor insurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Old Republic Surety BondscoreChannel Partner/ Reseller/ DistributorSurety bond carrier partner for contractor license bonds, performance bonds, and payment bonds in Florida.
• Halcyon UnderwriterscoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Propeller Surety BondscoreChannel Partner/ Reseller/ DistributorSurety bond carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• SafePoint InsurancecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• CRC GroupcoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Edison InsurancecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Wright Flood InsurancecoreChannel Partner/ Reseller/ DistributorFlood insurance carrier partner for Florida residents requiring flood coverage.
• HagertycoreChannel Partner/ Reseller/ DistributorInsurance carrier partner specializing in classic car and collectible vehicle insurance.
• Southern Oak InsurancecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• MercurycoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Tower Hill InsurancecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Foremost InsurancecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner specializing in specialty lines including RVs, boats, and mobile homes.
• Progressive InsurancecoreChannel Partner/ Reseller/ DistributorMajor insurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• GeoveracoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Bristol West InsurancecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Ocean Harbor InsurancecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Amelia UnderwriterscoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• TapcocoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• BASS UnderwriterscoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• BraishfieldcoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• JC Taylor InsurancecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner specializing in motorcycle and specialty vehicle insurance.
• RT SpecialtycoreChannel Partner/ Reseller/ DistributorInsurance carrier partner. Logo displayed on Pegasus Insurance website indicating active partnership.
• Seminole Chamber of CommerceminorGTM or Marketing PartnerProud member of the Seminole Chamber of Commerce for 2026. Provides networking opportunities and community credibility.
• Florida Association of Insurance Agents (FAIA)minorGTM or Marketing PartnerProfessional association membership providing industry resources, training, and networking.
• International Insurance Agents Association (IIACF)minorGTM or Marketing PartnerProfessional association membership providing industry resources and networking.
• Easterseals FloridaminorGTM or Marketing PartnerNonprofit partnership supporting disability services. Provides community involvement opportunity.
• Better Business Bureau (BBB)minorGTM or Marketing PartnerBBB accreditation provides consumer trust and business credibility rating.
• University of Central FloridaminorGTM or Marketing PartnerCommunity partnership with UCF. Owner Michael Kryger is an alumnus along with his children.

Scale indicators3 records

Recent moves2 records

Expansion highlights4 records

Broad incumbents

• Brown & Brown, Inc. Large publicly traded insurance broker headquartered in Daytona Beach, Florida, operating across retail and wholesale brokerage; competes for the same Florida commercial and personal lines but at vastly larger scale.
• Acrisure: Large global insurance brokerage built largely by acquiring independent agencies; a likely aggregator of small Florida shops like Pegasus and a competitive incumbent in the same product categories.
• Hub International: Major North American insurance brokerage offering personal, commercial, and specialty products through carrier partnerships; broader incumbent with overlapping product set but national footprint.
• RPS (Risk Placement Services): Specialty wholesale and retail insurance distributor placing commercial and personal lines through carrier relationships; comparable in placing complex and specialty Florida risks such as flood, surety, and recreational vehicles.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm offering retail brokerage services across personal and commercial lines; operates in adjacent Florida markets at much larger scale.
• Marsh McLennan: Largest global insurance broker; competes broadly for commercial and specialty placement in Florida and provides context for the upper bound of agency consolidation.

Direct peers

• Goosehead Insurance: Independent insurance franchise operating a similar multi-carrier brokerage model across personal and commercial lines; comparable in business model even though national in scale.
• Insurance Office of America: Florida-headquartered independent insurance agency offering personal, commercial, and specialty lines through multiple carrier partners; same regional independent-agency playbook as Pegasus.
• Brightway Insurance: Jacksonville-based independent insurance franchise agency selling home, auto, and commercial coverage across multiple carriers; directly comparable to Pegasus in offering multi-line coverage as an independent agent in Florida.

Others

• Trusted Choice Independent Insurance Agents: National network brand and marketing platform for independent insurance agents; not a competitor but an ecosystem enabler comparable to Pegasus's FAIA and IIACF affiliations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/pegasusinsfl
• LinkedInlinkedin.com/company/pegasusinsurance

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 Pegasus Insurance