PMC Insurance Group

What PMC Insurance Group does

PMC Insurance Group is a wholesale insurance intermediary founded in 1996 by Greg Malloy and headquartered in Bedford, Massachusetts, specializing exclusively in Workers' Compensation placement for independent retail insurance agents. Following its February 2025 acquisition by Boston-based One80 Intermediaries and the subsequent August 2025 consolidation under Arrowhead Intermediaries (parent brand of Bridge Specialty Group and Arrowhead Programs), PMC operates as a division of One80 with its leadership team and operations intact. PMC writes over $150 million in annual premium across more than 4,000 insureds, served through a network of 1,500+ independent insurance agents in 42+ U.S. states. Its revenue model is commission-based wholesale brokerage, earning carrier commissions on premium placements across nine specialty program verticals: Healthcare, Trucking and Transportation, Staffing Services (via subsidiary StaffPRO3), Security Services, Construction, U.S. Longshore and Harbor (USL&H), Marina, Social Services, and Cannabis and Hemp.

The company's product platform combines traditional guaranteed cost and loss-sensitive Workers' Compensation structures with two proprietary technology assets: PMC PayGo, a pay-as-you-go premium billing system that aligns Workers' Compensation payments to actual reported payrolls via flexible reporting integrations (self-report, payroll-vendor partner, or internal system upload); and the PMC Agency Portal — built on the Nexsure platform — which delivers 24/7 access to client documents, commission statements, and policy documentation to registered retail agents. In addition to Workers' Compensation, PMC places supplementary casualty lines (General Liability, Commercial Auto, Cyber, D&O, E&O, Excess Liability) and offers risk management, claims advocacy, and loss control services. The company maintains binding authority and exclusive/semi-exclusive program appointments with multiple A.M. Best A-rated carriers including AIG, AmTrust, Amerisafe, Berkley, CNA, Crum & Forster, Hartford, Everest, Guard (Berkshire Hathaway), Star, and Zurich, positioning it as a structured intermediary for hard-to-place risks that retail agents cannot write through their standard carrier panel.

PMC's go-to-market is exclusively B2B via the wholesale distribution channel — no direct-to-employer sales. The firm maintains a four-region broker model (Northeast, West, Central, Mid-Atlantic & South), supported by dedicated vertical practice leaders and a marketing/content operation built around industry-specialized blog content, email newsletters, event sponsorships (American Staffing Association, Staffing Industry Analysts), and downloadable submission forms. Pricing is quote-based with account-level minimums ($3,500 standard, $5,000 for Social Services and USL&H programs) and includes PayGo's 0% down payment option. Post-acquisition, PMC gains access to One80's broader multi-line product suite for cross-sell into its existing retail agent base.

Name

PMC Insurance Group

Legal name

PMC Insurance Group

Website

https://pmcinsurance.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

PMC Insurance Group is a wholesale insurance intermediary specializing in Workers' Compensation placement for 1,500+ independent insurance agents across 42+ U.S. states, writing over $150 million in annual premium across nine specialty verticals and operating as a division of One80 Intermediaries.

Ownership category

akta.pro rank

Product category

Workers' Compensation 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

Workers’ Compensation Insurance (FSAJAKAM)

Keywords

• Wholesale insurance brokerage
• Workers compensation insurance
• Specialty insurance programs
• Insurance agent services
• Commercial insurance wholesale

Headquarters

HQ city

Bedford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Wholesale Insurance Brokerage: PMC Insurance Group operates as a wholesale insurance broker earning commissions from insurance carriers for placing Workers' Compensation coverage on behalf of retail insurance agents. Revenue is generated through commissions on premium placements across their various specialty programs.
2. Insurance Premium Placements: The company writes over $150 million in annual premium across more than 4,000 insureds through their network of 1,500+ independent insurance agent partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

PMC Insurance Group is a wholesale insurance broker that places Workers' Compensation coverage for independent retail insurance agents who cannot place risks with their own in-house carriers. The company delivers access to exclusive and semi-exclusive programs across nine industry verticals (Healthcare, Trucking/Transportation, Staffing, Security, Construction, USL&H, Marina, Social Services, Cannabis/Hemp) via relationships with A.M. Best A-rated carriers and in-house binding authority. It also offers supplementary casualty lines, risk management/claims services, and the proprietary PMC PayGo pay-as-you-go premium reporting system.

Product overview

PMC Insurance Group is a wholesale insurance intermediary offering a comprehensive Workers' Compensation product portfolio as a division of One80 Intermediaries. The core offering centers on Workers' Compensation insurance with multiple delivery mechanisms: guaranteed cost products, loss sensitive programs, and pay-as-you-go solutions (PMC PayGo). The product suite includes specialty programs targeting specific industries (Healthcare, Trucking/Transportation, Staffing Services via StaffPRO3, Security Services, Construction, U.S. Longshore and Harbor, Marina, Social Services, and Cannabis/Hemp), supplemented by casualty lines (General Liability, Commercial Auto, Cyber Liability, D&O, E&O) and risk management/claims services. All offerings are delivered through a proprietary Agency Portal platform for agent partner access.

Differentiator

Problem solved

Functional benefit

Brands

• StaffPRO3: Specialized Workers' Compensation program for the temporary staffing services industry, part of PMC Insurance Group.

Products and services

• Workers' Compensation Core Workers' Compensation insurance products and programs for a broad class of businesses, providing customized solutions including national programs, guaranteed cost products, loss sensitive programs, small business solutions, and alternative solutions (PEOs, Captives, Foreign Comp, USL&H). Designed for placement by independent retail insurance agents who cannot access these markets through their own carriers.
• Casualty Lines Supplementary casualty insurance lines offered alongside Workers' Compensation, including General Liability, Commercial Auto, Employers Liability, Cyber Liability, Foreign Casualty, Excess Liability/Umbrellas, Management Liability (D&O), and Errors and Omissions Insurance. Available to retail agents and their clients in connection with Workers' Compensation placements.
• PMC PayGo Pay-as-you-go Workers' Compensation premium payment solution using a proprietary web-based system that allows clients to pay premiums based on actual reported payrolls. Reduces final audit surprises with flexible payroll reporting (self-report, partner with approved payroll vendor, or upload via internal payroll system) and flexible payment schedule options.
• Risk Management, Claims and Loss Control Comprehensive risk management services supporting Workers' Compensation placements, including virtual and on-site evaluations, loss control implementation, experience mod evaluation, claims management and advocacy, risk and trend analysis, periodic claims reviews, and best practice assessments.
• Defense Base Act (DBA) Specialized Workers' Compensation program for civilian employees working outside the U.S. on U.S. military bases or under government contracts, with supplemental foreign coverages including Kidnap & Ransom, Travel Accident & Sickness, Foreign Business Automobile Liability, and Foreign Commercial General Liability.
• Healthcare Workers' Compensation Program Exclusive and semi-exclusive Workers' Compensation program for the healthcare industry covering medical staffing, home healthcare, assisted living, nursing homes, rehabilitation facilities, hospice, hospitals, outpatient treatment centers, and more, with professional and general liability package solutions.
• Trucking and Transportation Workers' Compensation Program A.M. Best A-rated transportation Workers' Compensation program covering waste hauling, trucking (short and long haul), grocery distribution, parcel delivery, limo services, non-emergency transportation, school/charter bus operators, and trucking mechanics with guaranteed cost, small and large deductibles, and PayGo options.
• StaffPRO3 (Staffing Services Workers' Compensation) Staffing services Workers' Compensation program partnering with A.M. Best A and A- rated carriers to deliver solutions for temporary staffing firms across professional/technical/admin, light/heavy industrial, medical temp staffing, hospitality, transportation staffing, healthcare staffing, USL&H, and logistics/warehousing/manufacturing classes. Formed August 2014.
• Security Services Workers' Compensation Program Workers' Compensation placement specialists delivering access to programs for armed and unarmed security services covering security guards, detectives, gun/shooting ranges, investigative agencies, patrol agencies, fire watch, alarm installation/monitoring, and security guard staffing.
• Construction Workers' Compensation Program

Quantifiable outcome

• Quotes delivered in under 24 hours through in-house resources and carrier relationships
• +3 more outcomes

Named customers6 records

Segments10 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Partnerships

18 partnerships are on record, tiered flagship, core and minor.

• Arrowhead Intermediaries / Bridge Specialty GroupflagshipStrategic or Co-development Partner · 12 August 2025One80 Intermediaries officially joined Arrowhead Intermediaries (now the parent brand for Bridge Specialty Group, Arrowhead Programs, and One80 Intermediaries). This created a new organizational structure and brand identity. PMC Insurance Group, as a division of One80 Intermediaries, is now part of this larger entity.
• One80 IntermediariesflagshipStrategic or Co-development Partner · 5 February 2025PMC Insurance Group was acquired by One80 Intermediaries, a large insurance wholesaler based in Boston, MA. The merger expands PMC's offerings in various insurance sectors while maintaining its current team and operations. PMC operates as a division of One80 Intermediaries and retains its leadership team and employees. One80 has over 35 offices throughout the US and Canada and offers placement services and binding authority for multiple insurance lines.
• AIGcoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC. Claims can be filed through AIG's claims portal.
• AmTrust FinancialcoreTechnology or IntegrationAM Best A- rated carrier partner. PMC has an exclusive MGA relationship with AmTrust Financial for the Longshore and Harbor (USL&H) program.
• AmerisafecoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• BerkleycoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• CNAcoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• Crum & ForstercoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• EmployerscoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• EverestcoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• HartfordcoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• Guard (Berkshire Hathaway)coreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• Star CompaniescoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• Zurich North AmericacoreTechnology or IntegrationInsurance carrier partner providing Workers' Compensation coverage through PMC.
• American Staffing AssociationminorChannel Partner/ Reseller/ DistributorStaffPRO3 is a partner and sponsor of the American Staffing Association, supporting the $170 billion staffing industry.
• Staffing Industry AnalystsminorChannel Partner/ Reseller/ DistributorStaffPRO3 is a partner and sponsor of Staffing Industry Analysts, staying at the cutting edge of the staffing industry.
• CannasureminorStrategic or Co-development PartnerSister company and another subsidiary of One80 Intermediaries providing package solutions for cannabis and hemp businesses including liability, property, and other coverages beyond Workers' Compensation.
• Bridge Specialty GroupflagshipStrategic or Co-development PartnerPMC is part of Bridge Specialty Group through the One80 Intermediaries acquisition. PMC Insurance Group is now part of Bridge Specialty Group, LLC along with Izzo Insurance and other divisions.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Burns & Wilcox: Burns & Wilcox is a major wholesale insurance broker serving retail agents with specialty and excess/surplus lines. Comparable to PMC's wholesale distribution model and exclusive carrier relationships, though broader in product mix.
• Amwins: Amwins is one of the largest independent wholesale insurance brokers and managing general agents in the U.S. Directly comparable to PMC as a multi-line wholesale distributor with deep carrier relationships, though much larger in headcount and product breadth.
• CRC Group: CRC Group is a major wholesale insurance broker and program administrator. Comparable to PMC in its wholesale distribution model and specialty program focus, though it operates at significantly greater scale across more lines of business.
• Brown & Riding: Brown & Riding is a wholesale insurance brokerage and program administrator serving retail agents with specialty and excess/surplus lines. Comparable to PMC's wholesale brokerage model and specialty program structure.

Direct peers

• The Buckner Company: The Buckner Company is a specialty insurance program manager with deep Workers' Compensation expertise across multiple industry verticals. Directly comparable to PMC in vertical specialty program approach and hard-to-place risk focus.
• Risk Placement Services (RPS): RPS is a wholesale insurance broker and managing general agency with deep Workers' Compensation specialty practices. Directly comparable to PMC in business model (wholesale brokerage serving retail agents), target verticals (staffing, healthcare, transportation), and product focus.
• Cannasure: Cannasure is a sister company to PMC under One80 Intermediaries providing package insurance solutions for cannabis and hemp businesses. Comparable to PMC's cannabis Workers' Comp program as part of the same parent organization with an overlapping specialty vertical focus.
• Jencap Insurance: Jencap is a wholesale insurance broker with a dedicated Workers' Compensation practice. Directly comparable to PMC in core product (Workers' Comp wholesale brokerage), target customer (retail agents), and hard-to-place risk specialization.
• Izzo Insurance (Bridge Specialty Group): Izzo Insurance is a sister company to PMC under Bridge Specialty Group, specializing in Workers' Compensation monoline and security-focused programs. Directly comparable as a fellow division with overlapping target verticals and distribution model within the same parent organization.

Regional players

• Eastern Insurance Group: Eastern Insurance Group is a regional wholesale and retail insurance broker with Workers' Compensation specialization. Comparable to PMC in product focus (Workers' Comp) and wholesale-to-retail distribution model, though more concentrated in the Northeast.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/pmcinsurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries1 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 PMC Insurance Group