Arden
Arden Insurance Services is a tech-enabled MGU that exclusively underwrites customized package insurance policies (Property, General Liability, Crime & Fidelity) for Residential Condominium Associations, distributed via a specialist broker network across twelve U.S. states.
- Company typePrivate
- Founded2015
- HeadquartersGlendale, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Arden does
Arden Insurance Services LLC is a privately held, tech-enabled Managing General Underwriter (MGU) that exclusively underwrites package insurance policies for Condominium Associations across twelve U.S. states (Arizona, California, Colorado, Idaho, Illinois, Michigan, Nevada, Ohio, Oregon, Utah, Washington, and Wisconsin), with publicly stated plans to expand into additional states. The company delivers a unified package product composed of three integrated coverage modules — Property (featuring Guaranteed Replacement Cost, property limits up to $250 million, Building Ordinance or Law, sewer backup, and earthquake/EQSL coverage in select states), General Liability (medical payments, board members and officers as insureds, hired & non-owned auto, garage and parking liability), and Crime & Fidelity (employee dishonesty, forgery, computer and funds transfer fraud) — plus a separately launched Wildfire Parametric Fire Insurance Program developed with capacity partner SiriusPoint.
Arden's underlying platform combines proprietary data analytics tools with human underwriters to evaluate the risk characteristics of each condo association and generate tailored, quote-based coverage; the company also maintains a continuous feedback loop with board members, property managers, specialist brokers and claims adjusters to update policy forms as the risk environment changes. All carrier and reinsurer partners are rated 'A' by AM Best, which is a core go-to-market credential.
The business model is a wholesale MGU distribution: Arden does not sell directly to consumers but exclusively through a vetted, application-gated network of independent insurance brokers who specialize in Condominium Association insurance. Revenue is generated via commissions and profit-sharing on premiums collected from these broker-originated policies, with multi-year contracts and pricing that is fully customized per association rather than tier-based. The company is backed by a December 2024 growth equity investment from FTV Capital and operates from a U.S. LLC structure under the legal name Arden Insurance Services LLC.
Arden firmographics
Firmographics- Name
- Arden
- Legal name
- Arden Insurance Services LLC
- Website
- https://ardeninsure.ai
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Arden Insurance Services is a tech-enabled MGU that exclusively underwrites customized package insurance policies (Property, General Liability, Crime & Fidelity) for Residential Condominium Associations, distributed via a specialist broker network across twelve U.S. states.
- Ownership category
- akta.pro rank
Arden industry classification
Industry- Product category
- Specialty Insurance Underwriting (Condominium Association)
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Other Insurance Related Activities (52429)
- SIC
- Insurance Agents, Brokers & Service (6411), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industry
- Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)
Keywords
Where Arden is headquartered
LocationHeadquarters
- HQ city
- Glendale
- HQ country
- United States
- HQ region
- North America
Markets served
Arden business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Insurance Premiums (MGU): As a Managing General Agent (MGA/MGU), Arden earns revenue by underwriting insurance policies for Condominium Associations. They partner with carriers and reinsurers 'A' rated by AM Best to provide coverage, earning commissions or profit sharing on the premiums collected.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Customized Condominium Association Insurance |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Arden product offering
Product offeringCore offering
Arden Insurance Services is a tech-enabled Managing General Underwriter (MGU) that underwrites customized package insurance policies for Residential Condominium Associations. Coverage is delivered through three core modules—Property, General Liability, and Crime & Fidelity—and an additional Wildfire Parametric Fire Insurance program co-developed with SiriusPoint. Policies are quoted and serviced exclusively through appointed independent brokers across twelve U.S. states.
Product overview
Arden Insurance Services is a tech-enabled MGU (Managing General Underwriter) providing a unified package policy platform exclusively for Residential Condominium Associations. The core product portfolio consists of three integrated insurance coverage modules: Property Insurance Coverage (including Guaranteed Replacement Cost, sewer backup, earthquake coverage), General Liability Coverage (including medical payments, hired & non-owned auto), and Crime & Fidelity Coverage (including employee dishonesty, computer fraud). These products are offered alongside the Wildfire Parametric Fire Insurance Program, developed in partnership with SiriusPoint. Arden operates as a wholesale MGU that works exclusively with independent insurance brokers specializing in Condominium Associations across twelve states.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Insurance Coverage Property insurance coverage module for Condominium Associations providing Guaranteed Replacement Cost on buildings and community personal property, property limits up to $250,000,000, Building Ordinance or Law Coverage, Sewer Backup at Guaranteed Replacement Cost, Earthquake Sprinkler Leakage (EQSL), and earthquake coverage available in select states.
- General Liability Coverage General Liability insurance module for Condominium Associations including medical payments coverage, extended definition of bodily injury, Board members and officers as insureds, Hired & Non-Owned Auto coverage, and Garage and Parking Liability coverage.
- Crime & Fidelity Coverage Crime and fidelity protection module for Condominium Associations including Employee Dishonesty, Forgery or Alteration, and Computer and Funds Transfer Fraud coverage.
- Wildfire Parametric Fire Insurance Program Fire insurance program with wildfire parametric coverage co-developed with SiriusPoint, combining Arden's expertise in Condominium Association insurance with SiriusPoint's reinsurance capabilities to address wildfire risks in targeted geographic areas.
Quantifiable outcome
- Technology-enabled underwriting allows evaluation of each risk's unique characteristics
Companies that use Arden
Customer profileSegments4 records
Ideal customer profiles2 records
Arden technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Arden partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- SiriusPointcoreSiriusPoint announced a partnership with Arden Insurance Services to launch a fire insurance program with wildfire parametric coverage. This strategic partnership combines Arden's expertise in Condominium Association insurance with SiriusPoint's reinsurance capabilities to address wildfire risks in specific geographic areas.
- Independent Insurance Brokers (Specialist Network)coreArden works exclusively with independent insurance brokers that specialize in representing Condominium Associations. Brokers must demonstrate expertise and experience understanding the unique needs of Residential Condominium Associations to be appointed.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Arden competitors and assessment
Company assessmentDirect peers
- Community Association Underwriters: CAU is a Managing General Underwriter focused on insurance for community associations including condominium and homeowner associations, distributing through appointed agents. It is the closest single-vertical MGU peer to Arden, offering competing property, liability, and umbrella coverages for the same customer.
Broad incumbents
- Philadelphia Insurance Companies: Philadelphia Insurance (a Tokio Marine HCC company) is a top-3 writer of community association insurance with broad P&C capability. Comparable because it underwrites condo and HOA package policies alongside a much larger portfolio, serving the same customer base through similar broker channels.
- Burns & Wilcox: Burns & Wilcox is a major wholesale insurance brokerage and MGU platform with specialty condo and habitational practice groups. It is comparable as both a competitor in the condo E&S space and as a structural analog showing what a scaled specialist brokerage/MGU platform looks like.
- NSM Insurance Group: NSM is a specialty insurance program manager that builds, underwrites, and distributes niche insurance products through broker networks. It is comparable as a larger, multi-vertical MGU platform whose model of combining carrier capacity, broker distribution, and program analytics mirrors Arden's operating model.
- American Family Insurance: American Family has a dedicated community association practice writing condo and HOA package policies through agents in many of the same states Arden operates in. Comparable as a broad-license incumbent with an established condo offering and broader geographic footprint.
- AmTrust Financial Services: AmTrust writes small commercial and habitational P&C through MGA and program-manager partners. Comparable as a specialty-carrier platform that supplies capacity to programs serving condo and association risks, competing for the same broker-distributed business.
- Crum & Forster: Crum & Forster is a specialty P&C insurer underwriting habitational and commercial residential property through MGU partnerships. Comparable as an A-rated capacity provider that competes for the same condo-association risk pool via delegated authority arrangements.
Others
- RPS (Risk Placement Services): RPS is a large national wholesale broker and MGU that handles specialty property placements for community associations and habitational risks. Comparable as a wholesale distribution intermediary that brokers turn to for condo placements Arden competes against.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Arden social profiles
Digital presenceArden financial estimates
Financial estimateRevenue estimate
Valuation estimate
Arden leadership team
Management profileNumber of profiles
Profiles1 record
Arden funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Arden 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 Arden
What does Arden do?
Arden Insurance Services is a tech-enabled Managing General Underwriter (MGU) that underwrites customized package insurance policies for Residential Condominium Associations. Coverage is delivered through three core modules—Property, General Liability, and Crime & Fidelity—and an additional Wildfire Parametric Fire Insurance program co-developed with SiriusPoint. Policies are quoted and serviced exclusively through appointed independent brokers across twelve U.S. states.
Is Arden a public or private company?
Arden is a private company. It is classified as private equity controlled and is currently operating.
When was Arden founded?
Arden was founded in 2015. It employs 11 to 50 people.
Where is Arden based?
Arden is headquartered in Glendale, United States, in the North America region.
How does Arden make money?
One revenue line is on record: insurance Premiums (MGU).
Who are Arden's main competitors?
Community Association Underwriters is listed as a direct peer. Broad incumbents are Philadelphia Insurance Companies, Burns & Wilcox, NSM Insurance Group, American Family Insurance, AmTrust Financial Services and Crum & Forster. RPS (Risk Placement Services) is listed as an others.
Does Arden have an API?
No public API is recorded for Arden.
What industry is Arden in?
Arden's product category is Specialty Insurance Underwriting (Condominium Association). Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services, with a secondary code of FSAEADAD, Wholesale Insurance Brokerage (Excess & Surplus Lines). Its NAICS code is 5242 and its SIC code is 6411.