Builders Risk Insurance
- Company typePrivate
- Founded-
- HeadquartersSan Antonio, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Builders Risk Insurance firmographics
Firmographics- Name
- Builders Risk Insurance
- Legal name
- Builders Risk Insurance
- Website
- https://buildersrisk.net
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Builders Risk Insurance industry classification
Industry- Product category
- Construction Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Builders Risk / Course of Construction Insurance (FSAJACAF)
- akta.pro secondary industry
- Construction Specialty (Wrap-Ups/Builders Risk/Contractors) (FSAJAGAH)
Keywords
Where Builders Risk Insurance is headquartered
LocationHeadquarters
- HQ city
- San Antonio
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Builders Risk Insurance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Insurance Commission Revenue: As an insurance agency/broker, Builders Risk Insurance earns commissions from insurance carriers for policies sold. They partner with the top 5 builders risk insurance carriers representing 95% of all builders risk policies written in the U.S., shopping multiple A-rated companies to negotiate coverage.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Basic policy minimum premium for 12 months covering projects up to $200,000 |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Builders Risk Insurance product offering
Product offeringCore offering
Builders Risk Insurance is an independent insurance brokerage agency that connects construction project owners, contractors, and developers with builders risk (course of construction) insurance policies. The firm shops multiple A-rated carriers — including the top 5 builders risk carriers representing 95% of U.S. market policies — to negotiate coverage against fire, wind, theft, vandalism, and natural disasters during new construction, renovation, remodeling, and installation projects across all 50 states.
Product overview
Builders Risk Insurance operates as a multi-product insurance brokerage platform offering builders risk and construction-related insurance products across all 50 U.S. states. The core offering is Builders Risk Insurance (also known as Course of Construction Insurance), which serves as the primary product protecting construction projects. The product portfolio includes commercial and residential builders risk insurance for new construction and renovation projects, complemented by equipment insurance products (Construction Equipment Insurance, Equipment Floater Insurance, Installation Floater Insurance), property insurance products (Dwelling Insurance, Homeowners Insurance, Rental Property Insurance, Mobile Home Insurance, Vacant Property Insurance, Vacant Building Insurance), and liability coverage (General Liability Insurance, Workers Compensation Insurance, Premises Liability Coverage). Additional specialized add-on modules include Earthquake Insurance Coverage, Flood Damage Insurance Coverage, Equipment Breakdown Insurance, Errors & Omissions Insurance, and various endorsements such as Soft Costs Coverage, Change Order Endorsements, and Green Endorsement Coverage. The company partners with over 15 A-rated insurance carriers to provide coverage options to contractors, property owners, house flippers, and developers.
Differentiator
Problem solved
Functional benefit
Products and services
- Builders Risk Insurance
Quantifiable outcome
- Access up to 20% savings on builders risk policy
- +2 more outcomes
Companies that use Builders Risk Insurance
Customer profileSegments6 records
Ideal customer profiles3 records
Builders Risk Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Builders Risk Insurance partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core.
- NationwidecoreMajor national insurance carrier partner providing builders risk insurance policies. One Nationwide Plaza, Columbus, OH. Part of the network of 15+ A-rated carriers offering coverage across all 50 states.
- Dovetail Insurance (a Victor Company)coreInsurance carrier partner specializing in construction and builders risk coverage. Located at 231 S. LaSalle Street, Suite 2,000, Chicago, IL 60604.
- Distinguished ProgramscoreInsurance program provider with nearly 40 years of experience serving specialized insurance needs. Located at 1180 Avenue of the Americas, 16th Floor, New York, NY 10036.
- Attune InsurancecoreInsurance carrier partner providing coverage options. Located at 40 Exchange Place Suite 1900, New York, NY 10005.
- Tokio Marine HCCcoreSpecialty insurance carrier part of Tokio Marine Group. Located at 13403 NW Freeway, Houston, TX 77040.
- TapcocoreManaging General Agent (MGA) specializing in surplus lines and excess coverage for commercial insurance including difficult-to-place builders risk coverage. Located at 3060 S Church St, Burlington, NC 27215.
- Appalachian Underwriters Inc.coreInsurance wholesale broker providing access to specialty insurance markets. Located at 100 Interstate Blvd, Rocky Top, TN 37769.
- Progressive InsurancecoreMajor national insurance carrier partner. Located at 6300 Wilson Mills Rd, Mayfield Village, OH 44143.
- PathpointcoreInsurance program administrator providing specialized coverage options. Located at 995 Market St, San Francisco, CA 94103.
- Hiscox InsurancecoreSpecialty insurer providing targeted coverage solutions. Located at 104 S. Michigan Ave., Suite 600, Chicago, IL 60603.
- AmTrust FinancialcoreInsurance carrier providing coverage options. Located at 59 Maiden Lane, 43rd Floor, New York, NY 10038.
- USLI (United States Liability Group)coreBerkshire Hathaway company with A.M. Best A++ rating, specializing in small business and specialty insurance products. Located at 190 S. Warner Rd, Wayne, PA 19087.
- GEICO (Government Employees Insurance Company)coreMajor national insurance carrier. Located at 5260 Western Ave, Chevy Chase, MD 20815.
- TravelerscoreMajor insurance carrier providing builders risk coverage. Located at One Tower Square, Hartford, CT 06183.
- ZurichcoreGlobal insurance carrier with 25+ years of construction insurance experience, specializing in medium to large construction projects. Located at 1299 Zurich Way, Schaumburg, IL 60196-1056.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Builders Risk Insurance competitors and assessment
Company assessmentDirect peers
- Next Insurance: Digital-first commercial insurance agency targeting contractors and small businesses with instant online binding of general liability, workers' comp, and tools/equipment coverage. Directly competes with Builders Risk Insurance for the same contractor customer, but with a fully online UX rather than a phone-led model.
- Insurance Canopy: Online insurance agency focused on contractors and small commercial risks, providing instant quotes from multiple carriers across general liability, builders risk, and related construction coverages. Comparable go-to-market as a digital aggregator serving the same contractor persona.
- CoverWallet (an Aon company): Online commercial insurance brokerage that aggregates multiple carrier quotes for small businesses including contractors, construction trades, and real estate investors. Competes head-on with Builders Risk Insurance on multi-carrier comparison and digital quote experience.
- Simply Business: Online insurance brokerage specializing in small commercial and contractor lines, offering quick online quotes from multiple carriers. Highly comparable in business model (commission-based brokerage aggregating carrier capacity) and target customer (small contractors, property owners, flippers).
- Victor Insurance (Dovetail): Managing general agent and program administrator focused on construction and builders risk specialty lines. Identified as a carrier partner of Builders Risk Insurance, but also operates its own distribution competing for similar construction risks.
Emerging players
- Thimble: Insurtech offering short-term, on-demand general liability and tools/equipment insurance for contractors and small businesses. A direct competitor at the small-contractor end of the market, particularly attractive to freelancers and small remodelers who might otherwise use Builders Risk Insurance.
Broad incumbents
- Travelers: Large national P&C carrier that underwrites builders risk and construction course-of-coverage as part of a broad commercial portfolio. Listed as a carrier partner of Builders Risk Insurance, but also a competitor in the same end market through its own agent network.
- Zurich Insurance: Global insurer with a dedicated Construction unit specializing in builders risk and wrap-ups for medium-to-large projects. Direct overlap with Builders Risk Insurance's core product, but operating at a much larger and more complex-project scale.
- Nationwide: Major national P&C carrier that writes builders risk and commercial property through independent agents. Identified as a carrier partner of Builders Risk Insurance; competes in the same end market through its own producer relationships.
- Hiscox Insurance: Specialty insurer with a strong small-commercial and contractor book including general liability and builders risk. Listed as a carrier partner, while also competing for the same contractor customers through its own digital and broker channels.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Builders Risk Insurance social profiles
Digital presenceBuilders Risk Insurance compliance and trust
Trust signalCompliance1 record
Builders Risk Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Builders Risk Insurance leadership team
Management profileNumber of profiles
Profiles1 record
Builders Risk Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Builders Risk Insurance 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 Builders Risk Insurance
What does Builders Risk Insurance do?
Builders Risk Insurance is an independent insurance brokerage agency that connects construction project owners, contractors, and developers with builders risk (course of construction) insurance policies. The firm shops multiple A-rated carriers — including the top 5 builders risk carriers representing 95% of U.S. market policies — to negotiate coverage against fire, wind, theft, vandalism, and natural disasters during new construction, renovation, remodeling, and installation projects across all 50 states.
Is Builders Risk Insurance a public or private company?
Builders Risk Insurance is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Builders Risk Insurance founded?
Builders Risk Insurance was founded in -1. It employs 1 to 10 people.
Where is Builders Risk Insurance based?
Builders Risk Insurance is headquartered in San Antonio, United States, in the North America region.
How does Builders Risk Insurance make money?
One revenue line is on record: insurance Commission Revenue.
Who are Builders Risk Insurance's main competitors?
Direct peers on record are Next Insurance, Insurance Canopy, CoverWallet (an Aon company), Simply Business and Victor Insurance (Dovetail). Thimble is listed as an emerging player. Broad incumbents are Travelers, Zurich Insurance, Nationwide and Hiscox Insurance.
Does Builders Risk Insurance have an API?
No public API is recorded for Builders Risk Insurance.
What industry is Builders Risk Insurance in?
Builders Risk Insurance's product category is Construction Insurance Brokerage. Its primary akta.pro industry code is FSAJACAF, Builders Risk / Course of Construction Insurance, with a secondary code of FSAJAGAH, Construction Specialty (Wrap-Ups/Builders Risk/Contractors). Its NAICS code is 524210 and its SIC code is 6411.