Morstan General Agency
- Company typePrivate
- Founded1964
- HeadquartersManhasset, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
Morstan General Agency firmographics
Firmographics- Name
- Morstan General Agency
- Legal name
- Morstan General Agency
- Website
- http://www.morstan.com/
- Company type
- Private
- Founded year
- 1964
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Morstan General Agency industry classification
Industry- Product category
- Wholesale Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industry
- Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)
Keywords
Where Morstan General Agency is headquartered
LocationHeadquarters
- HQ city
- Manhasset
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Morstan General Agency business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Wholesale Brokerage Commissions: Morstan acts as a managing general agent (MGA) and surplus lines broker, earning commissions from insurance carriers for binding policies and providing access to their wholesale markets. The company represents $450,000,000 in annual written premium.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Premium guidance varies by product line - Commercial In-House Binding Authority: $750-$5M, Professional Liability: $500K-$10M, Workers' Compensation: $1K-$4M, Personal Lines: $5K-$5M, Casualty: $10K-$3M, Environmental Liability: $25K-$500K, Marine: $500-$100M, Property: $100K-$500M, Excess/Umbrella: $1M-$500M |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Morstan General Agency product offering
Product offeringCore offering
Morstan General Agency operates as a wholesale insurance brokerage and managing general agent (MGA), providing retail insurance brokers and producers with access to 300+ insurance carriers and 20+ binding authority markets. The firm distributes commercial and personal lines insurance products across admitted and non-admitted (Excess & Surplus) markets, supporting brokers with online quoting portals, underwriting expertise, and binding authority on behalf of insurance companies. The agency represents over $450 million in annual written premium across its portfolio.
Product overview
Morstan General Agency is a wholesale insurance agency offering a comprehensive portfolio of commercial and personal insurance products. Their commercial offerings include Business Owners Policy (BOP), Casualty, Commercial Auto, Commercial Package Policy, Commercial Umbrella, Contractor's Equipment, Difference in Conditions, Earthquake, Equipment Breakdown, Garage, General Liability, Inland Marine, Motor Truck Cargo, Non-Trucking Liability, Owners & Contractors Protective, Professional Liability, Property, Restaurant, Surety Bonds, Trucking, Umbrella, and Workers' Compensation. They also provide personal insurance products including Private Passenger Auto and Vacation Liability. The agency distributes these products through multiple insurance carrier partners and provides online quoting capabilities through integrated insurance platforms.
Differentiator
Problem solved
Functional benefit
Brands
- Morstan Advantage: Provides access to Excess & Surplus Lines insurers for hard-to-place risks requiring customized solutions across hundreds of business classes and industries
Products and services
- Commercial In-House Binding Authority Wholesale binding authority product allowing appointed brokers to bind commercial policies directly on behalf of insurance carriers, with premium guidance ranging from $750 to $5M. Targeted at retail insurance brokers needing fast, in-house binding capability.
- Professional Liability Coverage protecting professionals against claims of negligence or malpractice, with premium guidance ranging from $500K to $10M. Distributed through wholesale brokerage channels to retail brokers placing professional liability accounts.
- Workers' Compensation Coverage for employee injuries and illnesses sustained in the course of employment, with premium guidance ranging from $1K to $4M. Placed for retail brokers serving employers across commercial industries.
- Personal Lines Personal insurance products including private passenger auto and homeowner coverage, with premium guidance ranging from $5K to $5M. Offered through retail brokers for individual consumers.
- Casualty General casualty insurance coverage for businesses, with premium guidance ranging from $10K to $3M. Provided to retail brokers for commercial casualty placements.
- Environmental Liability Specialty coverage for environmental exposures, with premium guidance ranging from $25K to $500K. Placed through wholesale brokerage for environmental and pollution-related risks.
- Marine & Inland Marine Coverage for marine and inland marine exposures including property in transit and movable equipment, with premium guidance ranging from $500 to $100M. Distributed to brokers handling transportation and cargo risks.
- Property Coverage for commercial and residential property against damage or loss, with premium guidance ranging from $100K to $500M. Available to brokers for both commercial and personal property placements.
- Excess/Umbrella Excess liability coverage providing additional limits above underlying policies, with premium guidance ranging from $1M to $500M. Distributed to brokers needing high-limit excess capacity.
- Allied Healthcare Healthcare-related insurance coverage for allied healthcare providers and facilities, covering 350+ health and beauty modalities, medical equipment, and clinical trials. Targeted at retail brokers serving allied healthcare risks.
- BOP Programs Business Owners Policy (BOP) combined coverage for small to medium-sized businesses, typically bundling property and liability protection. Offered to retail brokers placing SMB accounts.
- Commercial Auto Liability & Garage Commercial vehicle insurance coverage for business auto fleets, automobile dealers, and garage operations including premises liability. Distributed to brokers handling transportation and fleet risks.
- Morstan Advantage (Excess & Surplus Lines) Sub-brand program providing access to Excess & Surplus Lines insurers for hard-to-place risks requiring customized solutions across hundreds of business classes and industries. Targets retail brokers needing E&S market placement for non-standard risks.
- Online Quoting Portal Web-based quoting system allowing appointed agents to request quotes and connect with 300+ insurance carriers through a centralized submission process, including carrier partner portals for Blitz, Hiscox, Neptune Flood, Sayata, USLI, and others. Used by retail brokers for direct digital quoting.
Companies that use Morstan General Agency
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles1 record
Morstan General Agency technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature1 record
Morstan General Agency partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Bridge Specialty GroupcoreBridge Specialty Group is the parent organization. Morstan joins 25+ member companies within the group to bring variety of specialties and scale to leverage the wholesale brokerage marketplace. Morstan is a division of Hull & Company, LLC which is part of Bridge Specialty Group.
- AttuneminorInsurance carrier partner offering online quoting capabilities through Morstan's platform.
- CNAminorInsurance carrier partner offering commercial lines products through Morstan's wholesale brokerage.
- HiscoxminorInsurance carrier partner with appetite guide available and direct quoting portal through Morstan's online quoting platform.
- OtsegominorInsurance carrier partner available through Morstan's carrier network.
- UPCminorInsurance carrier partner in Morstan's network of binding authority markets.
- USLIminorInsurance carrier partner with available appetite guide and direct quoting portal through USLI platform.
- UticaminorInsurance carrier partner in Morstan's network providing access to admitted and non-admitted markets.
Scale indicators5 records
Recent moves7 records
Expansion highlights4 records
Morstan General Agency competitors and assessment
Company assessmentDirect peers
- Brown & Riding Insurance Services: Wholesale insurance brokerage focused on E&S, specialty, and complex-risk placement for retail agents; closely comparable business model and producer-driven GTM.
- Hull & Company: Direct parent of Morstan and sister wholesale brokerage within Bridge Specialty Group; identical MGA/wholesale model with broader geographic footprint, making it the most structurally comparable peer.
- Amwins: Specialty insurance distributor combining wholesale brokerage, MGA operations, and reinsurance broking; a scaled public-market peer with very similar carrier-relationship economics to Morstan.
- NSM Insurance Group: Specialty insurance MGA and program manager with binding authority across niche verticals; comparable as a specialty/program-focused wholesale partner for retail brokers.
- Burns & Wilcox: National wholesale broker and MGA with binding authority, E&S expertise, and a similar retail-broker distribution model; comparable in product mix and carrier relationships.
- Lois & Associates / London-American Insurance Services: Wholesale insurance brokerage providing admitted and non-admitted placements through binding authority and brokerage for retail agents; directly comparable MGA/wholesale business model.
- RPS (Risk Placement Services): One of the largest US wholesale insurance brokerages and MGAs, offering property/casualty, professional lines, and binding authority across commercial and personal lines — the most direct scale competitor to Morstan.
- U.S. Risk Insurance Group: Wholesale broker and MGA with binding authority across specialty and surplus lines, including professional and commercial E&S; comparable in carrier-relationship and product strategy.
- CRC Insurance Group: National wholesale broker and MGA providing specialty and commercial coverage through binding authority and brokerage across all 50 states; directly comparable in carrier access and product breadth.
Broad incumbents
- Crump Life Insurance Services: Large-scale wholesale distributor covering life, health, and P&C, part of a broader insurance services platform; comparable wholesale-distribution role but with a wider portfolio including life/health distribution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Morstan General Agency social profiles
Digital presenceMorstan General Agency financial estimates
Financial estimateRevenue estimate
Valuation estimate
Morstan General Agency leadership team
Management profileNumber of profiles
Profiles1 record
Morstan General Agency funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Morstan General Agency 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 Morstan General Agency
What does Morstan General Agency do?
Morstan General Agency operates as a wholesale insurance brokerage and managing general agent (MGA), providing retail insurance brokers and producers with access to 300+ insurance carriers and 20+ binding authority markets. The firm distributes commercial and personal lines insurance products across admitted and non-admitted (Excess & Surplus) markets, supporting brokers with online quoting portals, underwriting expertise, and binding authority on behalf of insurance companies. The agency represents over $450 million in annual written premium across its portfolio.
Is Morstan General Agency a public or private company?
Morstan General Agency is a private company. It is classified as corporate owned and is currently operating.
When was Morstan General Agency founded?
Morstan General Agency was founded in 1964. It employs 251 to 500 people.
Where is Morstan General Agency based?
Morstan General Agency is headquartered in Manhasset, United States, in the North America region.
How does Morstan General Agency make money?
One revenue line is on record: wholesale Brokerage Commissions.
Who are Morstan General Agency's main competitors?
Direct peers on record are Brown & Riding Insurance Services, Hull & Company, Amwins, NSM Insurance Group, Burns & Wilcox, Lois & Associates / London-American Insurance Services, RPS (Risk Placement Services), U.S. Risk Insurance Group and CRC Insurance Group. Crump Life Insurance Services is listed as a broad incumbent.
Does Morstan General Agency have an API?
No public API is recorded for Morstan General Agency.
What industry is Morstan General Agency in?
Morstan General Agency's product category is Wholesale Insurance Brokerage. 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 524210 and its SIC code is 6411.