Omega Insurance Solutions

Name

Omega Insurance Solutions

Legal name

Omega Insurance Solutions, Inc.

Website

https://omega4agents.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Workers' Compensation Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321)

akta.pro primary industry

Workers’ Compensation for Small Business & Pay-As-You-Go Programs (FSAJAEAG)

akta.pro secondary industry

Workers’ Compensation Insurance (FSAJAMAF)

Keywords

• Workers compensation insurance
• Wholesale insurance brokerage
• Insurance agent appointments
• Niche insurance programs
• Commercial insurance distribution

Headquarters

HQ city

Lakeland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Wholesale Insurance Commissions: Omega Insurance Solutions operates as a wholesale broker earning commissions from insurance carriers for placing workers' compensation business. The company offers competitive commission schedules to appointed agents and earns override commissions from its 17+ carrier relationships. Revenue is generated through commissions on written premiums.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Omega Insurance Solutions is a wholesale insurance broker that distributes workers' compensation coverage exclusively through a network of 1600+ appointed independent insurance agents and 17+ A-rated national carriers. The company offers a core workers' comp product plus approximately ten vertical niche programs targeting hard-to-place risks (heavy construction, domestic workers, roofing, tree trimming, dump trucks, security guards, home healthcare, HOAs, lawncare, artisan contractors), supported by a downloadable Florida WC Rater, fillable ACORD forms, supplemental applications, and pre-recorded training webinars.

Product overview

Omega Insurance Solutions is a wholesale insurance broker specializing exclusively in workers' compensation coverage, operating on a Simple. Fast. Accurate. model. The company connects 1600+ independent retail agents with 17+ insurance carriers through both in-house underwriting authority programs and traditional submission processes. The core offering consists of standard workers' compensation insurance supplemented by approximately 10 niche specialty programs targeting specific industries including Heavy Construction, Domestic Workers, Home Healthcare/ALFs, Roofing, Artisan Contractors, HOAs/Condo Associations, Lawncare/Landscaping, Dump Trucks, Tree Trimming, and Security Guards. Supporting the core insurance products, Omega provides downloadable software tools (Florida WC Rater), educational training resources (webinars), and a comprehensive library of applications and supplemental forms. The company also offers PEO solutions as an alternative placement for risks that standalone markets decline.

Differentiator

Problem solved

Functional benefit

Products and services

• Workers' Compensation Insurance

Quantifiable outcome

• Same or next day quote turnaround in most cases
• +1 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• 17+ Insurance CarrierscoreChannel Partner/ Reseller/ DistributorOmega represents multiple A-rated national insurance carriers for workers' compensation coverage. The carrier network enables Omega to offer quotes across diverse risk profiles including standard and hard-to-place accounts. Specific carriers mentioned include Amerisafe, ICW, Frank Crum, SUNZ, and others based on supplemental form and document references found on the website.
• AmerisafecoreChannel Partner/ Reseller/ DistributorAmerisafe is a key carrier partner offering workers' compensation for roofing, tree trimming, and other construction-related risks. Amerisafe requires 8 months prior WC history, 30-day lead time for quoting, and pre-inspection of working sites. Available with territory maps for agent reference.
• ICW GroupcoreChannel Partner/ Reseller/ DistributorICW is a carrier partner for tree trimming risks requiring 3-4 years prior WC history, current valued loss runs, $10k minimum premium, and max 500-mile radius. Available in select states including CA, FL, GA, IA, IL, IN, MD, MI, MN, MO, NC, NJ, NV, OK, PA, SC, TX, VA, WI.
• Professional Employer Organizations (PEOs)supportingStrategic or Co-development PartnerPEOs are offered as an alternative solution for risks that cannot obtain standalone workers' compensation coverage. Omega works with PEO partners to place clients who need payroll service plus WC coverage, including risks with higher risk profiles or new ventures.
• NCCI (National Council on Compensation Insurance)supportingTechnology or IntegrationNCCI provides workers' compensation class codes, experience modification calculations, rate filing services, and industry classification standards that Omega and its agents reference for proper risk classification and rating.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• AmWins Group: One of the largest U.S. wholesale insurance distributors and MGAs, with significant workers' comp placement volume through appointed agents. Highly comparable business model — multiple carrier panel, specialty programs, and digital quoting capabilities for retail agents.
• Burns & Wilcox: Wholesale insurance brokerage and MGA placing specialty and surplus lines including workers' compensation. Closely comparable to Omega in serving independent retail agents with access to multiple carrier markets and niche industry programs.
• Risk Placement Services (RPS): National wholesale insurance brokerage and managing general agent distributing across multiple lines including workers' comp. Operates the same intermediary model as Omega, channeling retail agent business into carrier markets with specialty programs for hard-to-place risks.
• CRC Insurance Services: National wholesale insurance broker (part of Loomis/Apax) placing workers' comp and other specialty lines through appointed retail agents. Directly comparable intermediary model with multi-carrier access and niche underwriting programs.
• Worldwide Insurance Associates (Worldwide Express / Worldwide Brokers): Wholesale insurance brokerage distributing through independent agents including workers' comp placements for niche and hard-to-place classes. Similar channel model and appetite for non-standard risks as Omega.
• Brown & Riding: National wholesale insurance brokerage with a strong specialty and excess & surplus practice; places workers' comp accounts for retail agents in hard-to-place industries. Comparable scale and distribution philosophy to Omega.

Broad incumbents

• Accident Fund Holdings: Workers' compensation insurance carrier (a unit of AF Group) with strong mid-market and specialty class capability. Markets directly to retail agents, competing for the same WC accounts Omega places.
• AmTrust Financial Services: Large workers' compensation and specialty property/casualty insurance carrier with direct retail agent appointments that compete with wholesalers like Omega. Operates MGA and direct channels and is a counterparty for Omega's panel.
• Employers Holdings (EIG): Pure-play workers' compensation insurance carrier writing small and mid-sized business through independent agents. Competes for the same agent-distributed WC premium that Omega intermediates, but with carrier-level economics.
• Berkshire Hathaway Homestate Companies: Workers' compensation specialty carrier group within Berkshire Hathaway writing through independent agents. Incumbent scale player in the same distribution channel that Omega serves.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/omega-insurance-solutions

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 Omega Insurance Solutions