What Klein Agency does

Klein Agency is a Hunt Valley, Maryland-based specialty insurance brokerage founded in 1962 that focuses on professional liability and related coverage for design professionals and adjacent professional service firms. It operates as part of FRP Professional Risk Practice, a division of Foundation Risk Partners, Corp., delivering insurance programs to architects, engineers, surveyors, environmental consultants, lawyers, CPA/financial advisors, subsurface utility engineers, and contractors — scaling service from sole practitioners to ENR500 firms.

The firm's offering bundles professional liability with a broad commercial lines stack: directors and officers, general liability, umbrella/excess, commercial auto, property, workers' compensation, cyber, drone/aviation liability, fiduciary liability, management liability, EPLI, and field equipment coverage, plus an integrated employee benefits program. Underlying technology consists of a self-described data-driven analytics platform used to tailor coverage to each client firm, supported by a multi-carrier distribution model and a client portal for policy documents, certificates, and payments. The firm also performs guided annual renewal assessments, contract reviews, and risk-management education as part of its service stack.

Klein Agency's go-to-market is consultative and sales-led B2B, with team members active in professional organizations (architecture, engineering, surveying, legal, and accounting associations) to generate referrals and demonstrate domain expertise. Pricing is quote-based, varies by firm size, industry, and risk profile, and is typically billed annually. The firm is staffed at 11-50 employees and reports serving more than 2,500 professional service firms nationwide through three regional touchpoints (Southeast, Mid-Atlantic/Northeast, and a National inbound line) that combine local service with the resources of the larger FRP national organization.

Name

Klein Agency

Legal name

Foundation Risk Partners, Corp.

Website

https://kleinagencyllc.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Klein Agency is a Hunt Valley, Maryland specialty insurance brokerage serving design professionals and adjacent professional service firms — architects, engineers, surveyors, environmental consultants, lawyers, CPAs, and contractors — with integrated professional liability, commercial lines, and employee benefits coverage via the FRP Professional Risk Practice platform.

Ownership category

akta.pro rank

Product category

Specialty Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411), Life Insurance (6311)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industries

Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH), Professional Practice Brokerage (Medical/Dental/Legal/Accounting) (FSAEAIAI)

Keywords

• Specialty insurance brokerage
• Professional liability coverage
• Risk management services
• Employee benefits programs
• Design professional insurance

Headquarters

HQ city

Hunt Valley

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Property and casualty insurance products including professional liability, general liability, umbrella, auto, property, workers compensation, cyber-security, directors and officers, EPLI, management liability, fiduciary liability, drone/aviation liability, and employee benefits programs

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Klein Agency, operating under Foundation Risk Partners' Professional Risk Practice, provides specialty insurance brokerage and risk management services targeted at design professionals and related professional service firms. The firm designs and places comprehensive insurance programs spanning professional liability, general liability, property, workers' compensation, cyber liability, and employee benefits, supplemented by guided renewal assessments, educational materials, and contract review services. Its offering is supported by data-driven analytics that tailor coverage to each client's firm size, industry, and risk profile.

Product overview

The source data is for Foundation Risk Partners' Professional Risk Practice, not Klein Agency. Foundation Risk Partners provides specialty insurance solutions for design professionals including Architects, Engineers, Surveyors, Environmental Consultants, Lawyers, CPA/Financial Advisors, Subsurface Utility Engineers, and Contractors. The company offers various insurance products including Professional Liability, Directors & Officers, General Liability, EPLI Insurance, Management Liability, Commercial Automobile, Employee Benefits, Property Liability, Fiduciary Liability, Field Equipment, Health Insurance, Excess Liability, Drone/Aviation Liability, Life Insurance, Workers' Compensation, and Cyber Liability. They also provide services such as Guided Assessment, Educational Materials, Contract Reviews, Business Coverage, and Benefits Coverage.

Differentiator

Problem solved

Functional benefit

Products and services

• Professional Liability Insurance Specialty professional liability (errors and omissions) coverage designed for architects, engineers, surveyors, environmental consultants, lawyers, CPAs, subsurface utility engineers, and contractors. Addresses malpractice, professional errors, and project-specific professional liability exposure.
• General Liability Insurance
• Commercial Automobile Insurance
• Property Liability Insurance
• Workers' Compensation Insurance
• Cyber Liability Insurance
• Directors and Officers (D&O) Insurance
• EPLI Insurance (Employment Practices Liability)
• Management Liability Insurance
• Fiduciary Liability Insurance
• Excess Liability / Umbrella Insurance
• Drone / Aviation Liability Insurance
• Field Equipment Insurance
• Employee Benefits Program
• Health Insurance
• Life Insurance
• Risk Management and Contract Review Services

Quantifiable outcome

• Serving more than 2,500 professional service firms nationwide
• +1 more outcomes

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Insurance CarrierscoreOthersCollaborative network of insurance carriers who are proficient in covering design professional risks. Access to multiple carriers enables generation of as many solutions as possible to meet client needs. The company solves for clients by providing access to more insurance options than single-carrier agencies.

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Emerging players

• Hiscox: Hiscox is a specialty insurer with a strong professional liability practice serving small and mid-sized professional services firms, including design and other consulting professions. Comparable as a specialty carrier competing in the same professional lines placement market.
• Beazley: Beazley is a specialty insurer with a dedicated professional lines division underwriting E&O for architects, engineers, lawyers, and other professional services firms. Comparable as a specialty carrier partner that the practice would place business with, with overlapping customer verticals.

Direct peers

• Victor Insurance (Schinnerer): Victor O. Schinnerer & Co. is one of the most established specialty insurance managers focused on professional liability for design professionals (architects, engineers, environmental consultants). Directly comparable as a specialty E&O manager and program administrator serving the same core A/E/C customer base.
• Brown & Riding: Brown & Riding is a specialty insurance brokerage placing professional liability, E&O, and management lines for difficult-to-place professional services risks. Comparable as a specialty broker with similar placement expertise for design and other professional firms.
• RPS (Risk Placement Services): RPS is a specialty insurance brokerage and program administrator placing professional and management liability for niche professional services markets. Comparable as a specialty broker focused on professional lines, with similar E&O and management liability placement capabilities.
• DPIC Companies (Terra Insurance): DPIC is a specialty insurance program manager dedicated to design professional liability for architects, engineers, and surveyors. Directly comparable in target customer, product focus (professional liability for A/E), and program-administration model.

Broad incumbents

• Arthur J. Gallagher & Co. Gallagher is a major global insurance brokerage and risk management firm with a dedicated architecture and engineering practice. Comparable as a diversified incumbent serving design professional clients across professional liability and ancillary lines, though it operates at vastly greater scale and breadth.
• Marsh (Marsh McLennan): Marsh is a global insurance brokerage leader with a specialty practice for architects, engineers, and construction professionals. Comparable as a large incumbent in the design professional risk space, providing both brokerage placement and risk advisory services.
• Aon: Aon is one of the largest global insurance brokerages with a dedicated design professional and construction practice. Comparable as a diversified incumbent broker competing for the same architect/engineer accounts across professional liability and ancillary coverages.
• AXA XL (Design Professional Practice): AXA XL operates a significant design professional insurance practice underwriting professional liability for architects and engineers through both direct and broker channels. Comparable as a major carrier and risk solutions provider in the same design professional specialty, though it operates at much larger scale across many lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/klein-agency-llc

Revenue estimate

Valuation estimate

Number of profiles

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 Klein Agency