What Everguard Insurance Services does

Everguard Insurance Services is a Seattle-based specialty insurance program administrator founded in 1973 that underwrites commercial insurance for hospitality businesses serving alcoholic beverages, including restaurants, bars, taverns, pubs, brewpubs, tasting rooms, sports bars, jazz and comedy clubs, cocktail lounges, dinner theaters, and wine bars. The company's core offering combines Commercial General Liability, liquor liability, property, and business-interruption coverage tailored to the operational risk profile of these SMB establishments, with proactive loss-control services (on-site risk evaluations, an incident-reporting form system, and the 'Tips on Tap' educational blog). Distribution is exclusively indirect: independent insurance agents across 31 states plus the District of Columbia submit applications through a Surefyre-powered agent portal, and policies are placed across multiple carrier partners including CUMIS Specialty Insurance, Homesite Insurance, Crum & Forster, and First Mercury Insurance. EverGuard is structured as part of Totalis Program Underwriters and, as of April 25, 2024, operates as a subsidiary of Aon plc, giving it access to the balance-sheet, analytics, and distribution resources of a global professional services firm. Day-to-day operations are run by a lean team of roughly 13 staff in Seattle covering underwriting, operations, accounting, and IT, led by President John W. Mahoney. The underlying business model is quote-based specialty underwriting with annual policy billing, monetized through insurance premiums paid by policyholders via the agent channel.

Name

Everguard Insurance Services

Legal name

EverGuard Insurance Services, Inc.

Website

https://everguardins.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Everguard Insurance Services is a Seattle-based specialty insurance program administrator, founded in 1973, that underwrites liability, property, and business-interruption coverage for SMB hospitality businesses serving alcohol across 31 states plus DC, distributed exclusively through independent insurance agents and now operating as a subsidiary of Aon plc.

Ownership category

akta.pro rank

Product category

Specialty Hospitality Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Insurance Agencies and Brokerages (52421), Insurance Carriers (5241)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Agents, Brokers & Service (6411), Insurance Carriers, Nec (6399)

akta.pro primary industry

Restaurants, Bars & Food Service BOP (FSAJAFAG)

Keywords

• Specialty insurance underwriting
• Restaurant bar tavern insurance
• Liquor liability coverage
• Hospitality insurance program
• Commercial general liability

Headquarters

HQ city

Seattle

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

Revenue model

1. Specialty Insurance Premiums: EverGuard underwrites specialty insurance policies for hospitality businesses (restaurants, bars, taverns) serving alcoholic beverages. Revenue is generated through insurance premiums paid by policyholders, with policies covering general liability, liquor liability, and related hospitality risks.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Everguard Insurance Services underwrites and distributes a specialty hospitality insurance program for restaurants, bars, taverns, and other businesses that sell or serve alcohol, combining general liability, liquor liability, property, business interruption, crime, inland marine, commercial auto, and umbrella coverages. The program is delivered exclusively through a network of independent insurance agents, with policies bound and serviced through a dedicated Surefyre-powered agent portal.

Product overview

EverGuard Insurance Services operates as a single specialty insurance platform offering comprehensive coverage for hospitality businesses serving alcoholic beverages. The core product is Restaurant, Bar, and Tavern Insurance, supported by Commercial General Liability (CGL) Insurance policies. The company supplements its insurance offerings with value-added services including an Incident Reporting Form, Loss Control Services (providing risk management guidance and safety resources), and a Business Interruption and Expense Worksheet tool. The product portfolio serves insurance agents via an agent portal and end customers (restaurant/bar/tavern owners) through direct coverage.

Differentiator

Problem solved

Functional benefit

Products and services

• Restaurant, Bar & Tavern Insurance Program A packaged specialty insurance product for restaurants, bars, taverns, and other businesses that sell or serve alcohol; distributed exclusively through independent insurance agents and delivered via a Surefyre-based quoting and binding portal.
• Commercial General Liability (CGL) Insurance General liability protection for hospitality operators, covering third-party bodily injury, property damage, and related exposures.
• Liquor Liability Insurance Specialty coverage for liability arising from the sale or service of alcohol, including dram-shop claims and patron-injury incidents.
• Property Insurance for Hospitality Operators Commercial property coverage for restaurant, bar, and tavern buildings, contents, and equipment, including protection against kitchen-fire and other hospitality-specific perils.
• Business Interruption Insurance Coverage for lost income and continuing expenses when a covered peril disrupts a hospitality business.
• Loss Control Services Risk-management services for policyholders including on-site safety and sanitation evaluations, inspection requests via the agent portal, and access to safety resources such as the Tips on Tap blog.
• Commercial Auto Insurance Commercial auto coverage for vehicles used in the operation of a hospitality business.
• Commercial Umbrella Insurance Excess liability coverage sitting above the primary general liability and auto limits to provide additional protection for larger hospitality claims.

Quantifiable outcome

• Policies customized for specific hospitality business types including restaurants, bars, brewpubs, sports bars, jazz clubs, comedy clubs, diners, cocktail lounges, tasting rooms, dinner theaters, and wine bars

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Aon plccoreOthers · 25 April 2024As of April 25, 2024, EverGuard became a subsidiary company of Aon plc and an affiliate of Aon plc's subsidiary companies. Aon is a global professional services firm.
• SurefyrecoreTechnology or IntegrationSurefyre provides the agent portal platform that enables independent insurance agents to submit applications, manage accounts, and track submissions for EverGuard hospitality insurance products.
• Totalis Program UnderwriterscoreOthersEverGuard Insurance Services is part of Totalis Program Underwriters, which specializes in program administration for specialty insurance lines.
• CUMIS Specialty InsuranceminorOthersInsurance carrier partner for policies beginning with TRU prefix. Claims are processed through networkadjusters.com.
• Homesite InsuranceminorOthersInsurance carrier partner for policies beginning with EVG prefix. Claims are processed through networkadjusters.com.
• Crum & Forster InsuranceminorOthersInsurance carrier partner for policies beginning with PPG prefix. Claims are processed through [email protected].
• First Mercury InsuranceminorOthersInsurance carrier partner for policies beginning with FMEV prefix. Claims are processed through [email protected].

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• AmTrust Financial Services: Specialty P&C carrier with a significant small-commercial and hospitality book, including restaurant and bar programs. Comparable to EverGuard in serving alcohol-serving SMB insureds via agents, but with a far larger portfolio and broader geographic reach.
• Markel Specialty: Specialty division of Markel Group underwriting hospitality, food and beverage, and event-related risks. Comparable to EverGuard in hospitality target market, but operates as a much larger, broader specialty insurer with national reach.
• The Hartford (Hospitality Practice): Large national insurer with a dedicated hospitality and restaurants practice offering GL, liquor liability, and property to bars and restaurants. Competes with EverGuard in the same SMB hospitality segment but at vastly greater scale and with broader product lines.

Direct peers

• USLI (United States Liability Insurance): Specialty insurer and program manager with a hospitality and bar/tavern product suite distributed through wholesale brokers and agents. Comparable to EverGuard in targeting SMB alcohol-serving insureds with bundled GL and liquor-liability solutions.
• RPS (Risk Placement Services): Specialty insurance wholesale broker and program manager placing hospitality and restaurant business through independent agents. Closely parallels EverGuard's role as a program administrator leveraging multiple carrier relationships and agent distribution.
• Burns & Wilcox: Specialty wholesale broker and MGA with a dedicated hospitality practice placing restaurant, bar, and tavern coverage. Direct competitor for agent-submitted hospitality business similar to EverGuard's specialty program.
• Society Insurance: Mutual insurance company specializing in property and casualty coverage for restaurants, bars, taverns, and other hospitality businesses. Directly comparable to EverGuard in target customer (alcohol-serving hospitality), product mix (liquor liability, GL, property), and channel strategy (independent agents).
• Harford Mutual Insurance: Regional carrier with a long-standing specialty program for restaurants, bars, and taverns in the Mid-Atlantic and surrounding states. Closely matches EverGuard's hospitality-only focus and agent-driven distribution model.

Emerging players

• Crum & Forster: Specialty P&C insurer that is itself a carrier partner to EverGuard (PPG policy prefix). Comparable in offering specialty products through program administrators, including hospitality, and shares operational relationship with EverGuard's panel.
• Hiscox: Specialty insurer with a growing small-business and hospitality offering targeting restaurants, bars, and entertainment venues. Competes with EverGuard for SMB hospitality business but emphasizes digital direct and broker channels rather than program-admin distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/EverGuardInsurance
• LinkedInlinkedin.com/company/everguard-insurance-services-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Everguard Insurance Services