BSRI
BSRI (Brazos Specialty Risk Insurance) is a Texas-based wholesale insurance broker and MGA serving appointed independent insurance agents across all 50 U.S. states with commercial products spanning contractors, package, GL, property, garage keepers, and hard-to-place specialty lines including environmental and oil & gas.
- Company typePrivate
- Founded2006
- HeadquartersSouthlake, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What BSRI does
BSRI (Brazos Specialty Risk Insurance) is a Texas-domiciled wholesale insurance broker and Managing General Agent (MGA) that aggregates carrier capacity from more than 20 A-rated insurers to deliver commercial insurance solutions to independent insurance agents and agencies across all 50 U.S. states. The company operates a B2B2B model: it does not sell directly to insureds but instead serves appointed independent agents who submit their commercial clients' risks for placement. Founded in 2006 and headquartered in Southlake, Texas, BSRI employs between 11 and 50 people and is privately held with no disclosed funding events, parent company, or M&A activity.
The company's product portfolio spans six core lines — Contractors, Package, General Liability, Garage Keepers, Property, and Other Lines — supplemented by specialty sub-products including Builders Risk, Excess & Umbrella (limits to $10 million), Professional E&O, Oil & Gas, Environmental, and Pollution Liability. BSRI holds binding authority spanning over 2,500 package classifications and 3,500+ general liability classifications, enabling 24-hour quote turnaround for risks within its authority. Proprietary property programs offer up to $250 million in Total Insured Value (TIV), with Builders Risk coverage up to $100 million TIV. Carrier partners include Lloyds of London, Zurich Insurance Group, Liberty Mutual, Great American, Berkley, RLI, Arch Specialty, Endurance Specialty, Philadelphia Insurance, and others, most rated A or better and category size VII or higher.
Revenue is generated through brokerage commissions and managing general agent fees earned on policies placed with carrier partners, across both admitted and non-admitted markets, including the placement of hard-to-place risks such as environmental, oil & gas, life sciences, and medical malpractice. The company markets through its website, email newsletter, Twitter (@bsrinsurance), and an extensive ACORD forms library, and operates an online quote portal integrated with Century Surety's platform. There is no evidence of proprietary technology platforms, AI/ML capabilities, mobile applications, or API integrations.
BSRI firmographics
Firmographics- Name
- BSRI
- Legal name
- Brazos Specialty Risk, Inc.
- Website
- https://bsrinsurance.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BSRI (Brazos Specialty Risk Insurance) is a Texas-based wholesale insurance broker and MGA serving appointed independent insurance agents across all 50 U.S. states with commercial products spanning contractors, package, GL, property, garage keepers, and hard-to-place specialty lines including environmental and oil & gas.
- Ownership category
- akta.pro rank
BSRI industry classification
Industry- Product category
- Commercial Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Commercial Lines Insurance Brokerage (FSAEADAB)
- akta.pro secondary industries
- Mid-Market Commercial Package (Package Policies) (FSAJAFAB), Professional Liability (Errors & Omissions) (FSAJADAB)
Keywords
Where BSRI is headquartered
LocationHeadquarters
- HQ city
- Southlake
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BSRI business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Brokerage Commissions: BSRI operates as a wholesale insurance broker/Managing General Agent earning commissions from insurance carriers for placing business. They have binding authority spanning over 2,500 classifications for package business and 3,500+ classifications for general liability. The company earns revenue by aggregating multiple insurance markets and underwriting capacity to serve independent insurance agents.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Excess & Umbrella - minimum premiums starting at $500 per $1,000,000 |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
BSRI product offering
Product offeringCore offering
BSRI operates as a wholesale insurance broker and Managing General Agent that aggregates multiple insurance carrier markets to deliver commercial insurance products to appointed independent insurance agents and agencies across all fifty U.S. states. With binding authority across 2,500+ package classifications and 3,500+ general liability classifications, BSRI offers 24-hour quote turnaround on package business and provides property capacity up to $250 million TIV. The portfolio serves both standard and hard-to-place commercial risks including contractors, garage keepers, hospitality, mercantile, oil & gas, environmental, and professional liability lines.
Product overview
BSRI (Brazos Specialty Risk Insurance) is a full-service insurance broker offering a unified portfolio of commercial insurance products across all fifty states. The company's core offerings include six main product lines: Contractors, Package, General Liability, Garage Keepers, Property, and Other Lines. These products are designed to work together as a single-stop solution for insurance agents placing commercial risk, with the ability to accommodate both standard and hard-to-place risks. BSRI provides supplementary coverages including Builders Risk, Excess & Umbrella, Professional E&O, Oil & Gas, and Environmental insurance, allowing agents to bundle coverage or supplement existing markets through their carrier network.
Differentiator
Problem solved
Functional benefit
Products and services
- Contractors Insurance Commercial insurance coverage for general contractors and artisan contractors, accommodating insured and uninsured subcontractors, project-specific wraps, completed operations, builder's risk, and contractor tools across most states. Primary limits available up to $5 million on certain markets. Sold exclusively through appointed independent insurance agents.
- Package Business Insurance Package business insurance quotes delivered within a 24-hour timeframe where the risk fits within BSRI's binding authority, covering 2,500+ classifications including general mercantile (LRO), hospitality, restaurants, manufacturing, dwellings, apartments/condos, HOAs, vacant land/buildings, and warehouses. Sold to appointed independent insurance agents nationwide.
- General Liability Insurance Broad general liability coverage including premises liability, Excess & Umbrella (to $10 million), Professional E&O (3,500+ classifications), Liquor Liability, Pollution Liability, Owners Contractors Protective (OCP), Sports & Entertainment, and Special Event coverage. Distributed exclusively through appointed independent insurance agents.
- Garage Keepers Insurance Coverage for garage operations, care/custody/control, and lot coverage for new and used car dealers, RV dealers, motorcycle/ATV sales, auto body shops, car washes, mobile mechanics, and similar classes. Includes dealers open lot coverage, garage keepers liability, and garage package. Sold to appointed independent agents.
- Commercial Property Insurance Commercial property coverage delivered through BSRI's proprietary property programs with up to $250 million in Total Insured Value capacity for large schedules. Includes Wind & Hail (Tier 1), Wind & Hail deductible buy downs, Earthquake, Inland Marine, Contractors Tools, Builders Risk, and Motor Truck Cargo. Sold to appointed independent agents.
- Other Lines (Specialty Insurance Markets) Access to admitted and non-admitted markets for hard-to-place commercial risks including Commercial Auto, Ocean Marine, Workers Compensation, Life Sciences, Medical Malpractice, and Oil & Gas. Sold to appointed independent agents seeking specialty market access for difficult exposures.
- Builders Risk Insurance Builders risk coverage for new construction and renovation projects with limits up to $100 million Total Insured Value, applicable across all construction types. Sold through appointed independent agents.
- Excess & Umbrella Insurance Excess and umbrella liability coverage with limits up to $10 million following form over Auto, General Liability, and Employers Liability. Minimum premiums as low as $500 per $1,000,000 of coverage. Sold to appointed independent agents.
- Professional E&O Insurance Professional errors and omissions coverage for architects, engineers, insurance agents, accountants, advertising professionals, computer/IT firms, land surveyors, lawyers, real estate professionals, and many other professional classifications. Sold to appointed independent agents.
- Oil & Gas Insurance Specialized coverage for oil and gas operations including field operators, oilfield consultants, drilling contractors, well servicing, roustabouts, and pipelines. Sold through appointed independent agents serving energy-sector clients.
- Environmental Insurance Environmental coverage including asbestos abatement, lead abatement, mold/fungus abatement, soil remediation, wetlands contracting, UST installation and removal, and environmental consulting operations. Sold to appointed independent agents.
Companies that use BSRI
Customer profileSegments6 records
Ideal customer profiles1 record
BSRI technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BSRI partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core and flagship.
- Carnegie General AgencycoreStrategic partner providing distribution capabilities for BSRI's commercial insurance products.
- MILE AutocoreStrategic partner specializing in auto insurance markets, complementing BSRI's transportation and garage insurance offerings.
- Lloyds of LondonflagshipMajor carrier partner providing admitted and non-admitted market capacity for commercial insurance products.
- Great American Insurance GroupcoreCarrier partner offering commercial insurance capacity across multiple lines including property, casualty, and specialty coverage.
- Philadelphia Insurance CompaniescoreCarrier partner providing professional liability and specialty insurance capacity.
- Liberty MutualcoreMajor carrier partner offering commercial lines capacity including property, casualty, and specialty coverage.
- Crum & ForstercoreCarrier partner providing specialty and excess & surplus lines insurance capacity.
- RLI InsurancecoreCarrier partner offering specialty insurance products including property, casualty, and professional liability.
- United Specialty InsurancecoreCarrier partner providing specialty insurance capacity for hard-to-place risks.
- Century Insurance GroupcoreCarrier partner offering commercial insurance capacity including environmental and specialty lines.
- Arch Specialty InsurancecoreCarrier partner providing specialty insurance capacity including E&S lines.
- Endurance Specialty InsurancecoreCarrier partner offering specialty insurance capacity for commercial and professional lines.
- Hudson Insurance GroupcoreCarrier partner providing specialty insurance capacity including professional liability.
- Lexington InsurancecoreCarrier partner offering excess & surplus lines and specialty coverage.
- James River Insurance GroupcoreCarrier partner specializing in excess & surplus lines for hard-to-place risks.
- Berkley Insurance GroupcoreCarrier partner offering commercial insurance capacity across multiple specialty lines.
- XL InsurancecoreCarrier partner (now part of AXA XL) providing commercial and specialty insurance capacity.
- Zurich Insurance GroupflagshipMajor global carrier partner providing commercial insurance capacity across multiple lines and coverage types.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
BSRI competitors and assessment
Company assessmentDirect peers
- IMAC / Worldwide Insurance: Wholesale broker and MGA providing commercial property/casualty and specialty lines to independent retail agents. Comparable to BSRI in product breadth and appointed-agent model.
- Hull & Company: Wholesale insurance brokerage distributing commercial and personal lines through independent retail agents, including specialty and E&S placements.
- Burns & Wilcox: National wholesale insurance broker and MGA serving retail agents with commercial property, casualty, and specialty lines. Comparable to BSRI in agent-only distribution and multi-carrier market access.
- Brown & Riding Insurance Services: Wholesale insurance broker and underwriting manager providing property, casualty, and specialty solutions to retail agents. Comparable to BSRI across wholesale distribution and hard-to-place placements.
- RPS (Risk Placement Services): Specialty wholesale broker and MGA distributing commercial lines through retail agents nationwide. Directly comparable to BSRI in MGA-led model with binding authority and carrier partnerships.
- Amwins: Largest U.S. wholesale insurance broker and MGA, distributing specialty and commercial lines exclusively through appointed agents. Closest comparable to BSRI's wholesale distribution model with delegated binding authority across diverse verticals.
- Novatae Risk Group (formerly Swett & Crawford): Wholesale insurance broker distributing commercial E&S lines through retail agents across the U.S. Directly comparable to BSRI in agent channel and excess & surplus focus.
- CRC Insurance Group (CRC Group): Wholesale specialty insurance broker operating nationally through independent agents with broad commercial and E&S product offerings. Directly comparable to BSRI in distribution, product breadth, and hard-to-place specialization.
Emerging players
- RPS Seubert and Associates / TRISTAR Insurance Services (specialty MGA segment): Program manager and specialty insurance MGA distributing commercial lines through retail agents. Comparable to BSRI in delegated authority and niche commercial placements.
Broad incumbents
- Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with wholesale, retail, and MGA operations across P&C and specialty lines. Overlaps BSRI in commercial brokerage and carrier access.
Market position
Strengths4 records
Weaknesses3 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
BSRI social profiles
Digital presenceBSRI financial estimates
Financial estimateRevenue estimate
Valuation estimate
BSRI leadership team
Management profileNumber of profiles
Profiles1 record
BSRI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BSRI 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 BSRI
What does BSRI do?
BSRI operates as a wholesale insurance broker and Managing General Agent that aggregates multiple insurance carrier markets to deliver commercial insurance products to appointed independent insurance agents and agencies across all fifty U.S. states. With binding authority across 2,500+ package classifications and 3,500+ general liability classifications, BSRI offers 24-hour quote turnaround on package business and provides property capacity up to $250 million TIV. The portfolio serves both standard and hard-to-place commercial risks including contractors, garage keepers, hospitality, mercantile, oil & gas, environmental, and professional liability lines.
Is BSRI a public or private company?
BSRI is a private company. It is classified as unknown and is currently operating.
When was BSRI founded?
BSRI was founded in 2006. It employs 11 to 50 people.
Where is BSRI based?
BSRI is headquartered in Southlake, United States, in the North America region.
How does BSRI make money?
One revenue line is on record: insurance Brokerage Commissions.
Who are BSRI's main competitors?
Direct peers on record are IMAC / Worldwide Insurance, Hull & Company, Burns & Wilcox, Brown & Riding Insurance Services, RPS (Risk Placement Services), Amwins, Novatae Risk Group (formerly Swett & Crawford) and CRC Insurance Group (CRC Group). RPS Seubert and Associates / TRISTAR Insurance Services (specialty MGA segment) is listed as an emerging player. Arthur J. Gallagher & Co. is listed as a broad incumbent.
Does BSRI have an API?
No public API is recorded for BSRI.
What industry is BSRI in?
BSRI's product category is Commercial Insurance Brokerage. Its primary akta.pro industry code is FSAEADAB, Commercial Lines Insurance Brokerage, with a secondary code of FSAJAFAB, Mid-Market Commercial Package (Package Policies). Its NAICS code is 524210 and its SIC code is 6411.