QuoteBroker Insurance Services

Name

QuoteBroker Insurance Services

Legal name

QuoteBroker Insurance Services

Website

https://quotebroker.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

akta.pro secondary industry

Commercial Lines Insurance Brokerage (FSAEADAB)

Keywords

• Independent insurance agency
• Personal insurance brokerage
• Commercial insurance brokerage
• Comparative quoting
• Multi-carrier insurance

Headquarters

HQ city

Santa Clarita

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Agency Commissions: QuoteBroker Insurance Services generates revenue through commissions paid by insurance carriers for policies placed and renewed. As an independent agency representing over 50 insurance carriers, they earn commission-based compensation on each policy sold, renewed, or modified.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

QuoteBroker Insurance Services is an independent insurance brokerage that distributes personal and commercial insurance policies from over 50 carrier partners. The agency compares coverage and pricing across carriers to place auto, home, life, health, Medicare, umbrella, and commercial lines for individuals, families, and businesses throughout California. Revenue is earned through commissions paid by the carriers on policies placed and renewed.

Product overview

QuoteBroker Insurance Services is an independent insurance agency offering a comprehensive portfolio of personal and commercial insurance products. The company operates as a broker with access to over 50 top-rated insurance carriers, providing comparative quoting services. The product portfolio includes personal lines (Auto, Home, Condo, Flood, Health, Life, Medicare, Renters, Umbrella, Boat, Motorcycle, RV/Motorhome) and commercial lines (Business Insurance, General Liability, Commercial Property, Workers' Compensation, Professional Liability/E&O, Commercial Auto, Business Owners Policy, Group Health, Bonds). The company serves individuals, families, and businesses throughout California with offices in Valencia and Ramona.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance Flexible liability and comprehensive auto insurance options for California drivers, covering accidents, collisions, and comprehensive damage, sourced from multiple carrier partners.
• Home Insurance Coverage for homes and specialty property risks protecting California homeowners' investments and belongings.
• Condo Insurance Protection for personal property and interior damage for condominium owners in California.
• Flood Insurance Coverage solutions for flood-prone and high-risk properties in California, covering damage from flooding events.
• Health Insurance Individual health plans, ACA options, and supplemental coverage for California residents, distributed through carrier partners including Anthem Blue Cross, Blue Shield, Health Net, Kaiser Permanente, and others.
• Life Insurance Term, universal, and whole life insurance products to secure California families' financial future, sourced through carrier partners.
• Medicare Insurance Expert guidance on Medicare Supplement and Medicare Advantage plans for California seniors, including private Medicare Advantage plans providing Part A and Part B benefits with prescription drug coverage.
• Renters Insurance Affordable coverage for personal belongings and liability protection for California tenants.
• Umbrella Insurance Extra liability protection covering claims exceeding primary policy limits, targeted at high-net-worth individuals.
• Business Insurance Custom commercial insurance packages for California businesses ranging from small local shops to large enterprises, bundling coverages such as General Liability, Commercial Property, Workers' Compensation, and Business Owners Policy.
• General Liability Insurance Third-party liability protection for California businesses against bodily injury and property damage claims.
• Commercial Property Insurance Coverage for buildings, contents, and business interruption due to property damage for California businesses.
• Workers' Compensation Insurance Employer-mandated coverage providing medical benefits, wage replacement, and claims support for workplace injuries to California employees.
• Professional Liability (E&O) Insurance Protection for professional errors and omissions, covering legal fees arising from negligent professional services rendered to clients.
• Commercial Auto Insurance Fleet and business vehicle insurance covering company vehicles and employees driving for business purposes.
• Business Owners Policy (BOP) Bundled property and liability protection combining general liability and commercial property coverage for California small and mid-sized businesses.
• Group Health Insurance Custom health, dental, and vision plans for business employees, distributed through carrier partners such as Delta Dental and major health insurers.
• Bonds Surety and fidelity bonds for California contractors and businesses.
• Boat Insurance Coverage for boats and personal watercraft including liability, collision, comprehensive, and medical coverage.
• Motorcycle Insurance Insurance coverage for motorcycles and riders in California.
• RV/Motorhome Insurance Coverage for recreational vehicles and motorhomes in California.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

27 partnerships are on record, tiered minor.

• Aegis GeneralminorChannel Partner/ Reseller/ DistributorAegis General Insurance is one of over 50 carrier partners providing insurance products that QuoteBroker offers to customers. QuoteBroker distributes Aegis General policies and earns commissions on policies placed.
• AetnaminorChannel Partner/ Reseller/ DistributorAetna health insurance products are offered through QuoteBroker's carrier network, enabling access to health coverage options for California residents.
• AflacminorChannel Partner/ Reseller/ DistributorAflac supplemental insurance products are distributed through QuoteBroker's carrier partnership, offering customers additional coverage options.
• AIGminorChannel Partner/ Reseller/ DistributorAIG insurance products including auto, home, and commercial coverage are available through QuoteBroker's carrier network.
• American ModernminorChannel Partner/ Reseller/ DistributorAmerican Modern specialty insurance products are offered through QuoteBroker's carrier partnerships.
• AmTrust North AmericaminorChannel Partner/ Reseller/ DistributorAmTrust North America commercial and specialty insurance products are distributed through QuoteBroker.
• Anthem Blue CrossminorChannel Partner/ Reseller/ DistributorAnthem Blue Cross health insurance products are available through QuoteBroker's carrier network for California residents.
• AssurantminorChannel Partner/ Reseller/ DistributorAssurant health insurance products are offered through QuoteBroker's carrier partnerships.
• Berkshire HathawayminorChannel Partner/ Reseller/ DistributorBerkshire Hathaway insurance products (including Guard insurance) are distributed through QuoteBroker's carrier network.
• Blue CrossminorChannel Partner/ Reseller/ DistributorBlue Cross health insurance coverage options are available through QuoteBroker's carrier network.
• Blue ShieldminorChannel Partner/ Reseller/ DistributorBlue Shield health insurance products are offered through QuoteBroker's carrier partnerships.
• ChubbminorChannel Partner/ Reseller/ DistributorChubb insurance products including high-value home and specialty coverage are distributed through QuoteBroker.
• CignaminorChannel Partner/ Reseller/ DistributorCigna health insurance products are available through QuoteBroker's carrier network.
• Delta DentalminorChannel Partner/ Reseller/ DistributorDelta Dental insurance products are offered through QuoteBroker's carrier partnerships for dental coverage.
• ForemostminorChannel Partner/ Reseller/ DistributorForemost specialty insurance products are distributed through QuoteBroker's carrier network.
• Health NetminorChannel Partner/ Reseller/ DistributorHealth Net health insurance products are available through QuoteBroker for California residents.
• HumanaminorChannel Partner/ Reseller/ DistributorHumana health insurance products including Medicare solutions are offered through QuoteBroker's carrier partnerships.
• Kaiser PermanenteminorChannel Partner/ Reseller/ DistributorKaiser Permanente health coverage options are available through QuoteBroker's carrier network.
• KemperminorChannel Partner/ Reseller/ DistributorKemper insurance products are distributed through QuoteBroker's carrier partnerships.
• Liberty MutualminorChannel Partner/ Reseller/ DistributorLiberty Mutual insurance products including auto, home, and commercial coverage are available through QuoteBroker.
• MetLifeminorChannel Partner/ Reseller/ DistributorMetLife insurance products are offered through QuoteBroker's carrier network for various coverage types.
• NationwideminorChannel Partner/ Reseller/ DistributorNationwide insurance products including auto, home, and commercial coverage are distributed through QuoteBroker.
• ProgressiveminorChannel Partner/ Reseller/ DistributorProgressive auto insurance products are available through QuoteBroker's carrier partnerships.
• SafecominorChannel Partner/ Reseller/ DistributorSafeco insurance products are offered through QuoteBroker's carrier network.
• TravelersminorChannel Partner/ Reseller/ DistributorTravelers insurance products including personal and commercial coverage are distributed through QuoteBroker.
• United HealthcareminorChannel Partner/ Reseller/ DistributorUnited Healthcare health insurance products are available through QuoteBroker's carrier network.
• ZurichminorChannel Partner/ Reseller/ DistributorZurich commercial and specialty insurance products are distributed through QuoteBroker's carrier partnerships.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Regional players

• Wawanesa Insurance: Mutual insurer with significant California operations that distributes through independent agents. Comparable as a regional carrier-agency model operating in the same California personal-lines market QuoteBroker serves.
• Mercury Insurance Group: California-headquartered P&C carrier that distributes heavily through independent agents in the state. Directly comparable given California-only focus, deep carrier-agency partnership model, and similar personal-auto and homeowner customer base.

Emerging players

• Policygenius: Online insurance marketplace and brokerage that aggregates life, disability, home, and auto quotes from multiple carriers. Directly competes with QuoteBroker for the same multi-line personal insurance shopper, but via a digital-first model.
• The Zebra: Insurance comparison marketplace focused on auto and home, showing side-by-side carrier quotes. Directly competes for the same California personal-lines customers QuoteBroker serves, with a digital comparison angle that mirrors QuoteBroker's comparative-quoting pitch.
• SmartFinancial Insurance: Digital insurance brokerage that compares quotes from dozens of carriers for auto, home, and commercial lines. Comparable to QuoteBroker's comparative-quoting value proposition but delivered through a tech-enabled, lower-cost online channel.

Broad incumbents

• Aon plc: Global professional services firm with a major insurance brokerage and risk advisory arm. While primarily commercial-focused, its retail brokerage operations and CoverWallet acquisition place it in overlapping competition for the small-commercial book QuoteBroker serves.
• Brown & Brown, Inc. National insurance brokerage that has grown aggressively via acquisition of independent agencies. Operates a multi-carrier, multi-line retail brokerage model conceptually identical to QuoteBroker's, and is an active acquirer of small California agencies.
• Arthur J. Gallagher & Co. One of the largest insurance brokerage and risk management firms in the US, placing personal and commercial lines through thousands of producer relationships. Comparable to QuoteBroker as an independent-brokerage model operating at massive scale, and a likely consolidator of agencies like QuoteBroker.
• Hub International: Large North American insurance brokerage that acquires and integrates independent retail agencies across P&C, life, and benefits. Direct strategic peer as a roll-up acquirer of small multi-line agencies like QuoteBroker.
• Marsh McLennan: World's largest insurance broker and risk advisor. Operates personal-lines and small-commercial brokerage capabilities and is a structural incumbent in the same intermediary model QuoteBroker competes in, though at vastly different scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

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 QuoteBroker Insurance Services