Youngs Insurance Brokers

What Youngs Insurance Brokers does

Youngs Insurance Brokers Inc. is a privately held, family-owned insurance brokerage headquartered in Ontario, Canada, operating 30 physical branch locations across the province. The firm serves Ontario consumers and small businesses with a portfolio of more than 16 insurance product lines spanning personal lines (auto, home, condo, renters, boat, motorcycle, RV, classic car, travel), commercial lines (business, employee benefits, group home and auto), and life and health coverage. The company operates under a brokerage model, earning transaction-fee commissions from carrier partners including Intact Insurance and others, rather than underwriting risk itself.

The business runs a sales-led, relationship-driven go-to-market combining in-branch broker consultations, a toll-free phone line (1-800-565-8552), a website with free-quote functionality, and a multi-platform social media presence. Distribution is hybrid: 30 staffed branches across Ontario provide local face-to-face service, while the digital channel handles top-of-funnel quote requests and customer engagement. Certain specialty lines are extended through partner channels, including StreetRider for motorcycle coverage and OLA for visitors-to-Canada travel insurance. Pricing is fully customized per customer risk profile, with annual billing cadence and no published rate cards.

Youngs discloses no proprietary technology platform, no mobile app, no public API, and no AI/ML capabilities; the technology footprint is limited to the corporate website, quote tools, and integration with carrier portals such as the Intact Client Centre. Customer acquisition relies on the firm's 100-year Ontario brand heritage, local community presence, and broker relationships. The firm has remained under continuous family ownership with no disclosed external investment, M&A activity, or funding rounds.

Name

Youngs Insurance Brokers

Legal name

Youngs Insurance Brokers Inc.

Website

https://tenstar.ca

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Youngs Insurance Brokers is a privately held, family-owned Ontario insurance brokerage operating 30 branches and serving Ontario consumers and small businesses with 16-plus personal, commercial, and life insurance products via carrier commission partnerships.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

akta.pro secondary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Insurance brokerage
• Home insurance
• Auto insurance
• Commercial insurance
• Life insurance

Headquarters

HQ city

Waterdown

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Youngs Insurance Brokers operates as an insurance brokerage earning commissions from insurance carrier partners (such as Intact and other carriers) for placing and renewing policies. Revenue is generated through policy placement fees and renewal commissions, typical of the Canadian insurance brokerage model.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Youngs Insurance Brokers is an Ontario-based insurance brokerage that places and services personal and commercial insurance policies on behalf of carrier partners such as Intact Insurance. The brokerage offers over 16 distinct insurance products—including auto, home, condo, renters, boat, motorcycle, business, travel, life, health and dental, employee benefits, RV/trailer, and classic car coverage—distributed through 30 physical branch locations, a website with free quoting, and a toll-free phone line.

Product overview

Youngs Insurance Brokers is an Ontario-based insurance brokerage offering a comprehensive portfolio of personal and commercial insurance products. The company provides over 16 distinct insurance offerings including Car Insurance, Home & Property Insurance, Condo Insurance, Renter's & Tenant's Insurance, Boat & Watercraft Insurance, Business Insurance, Travel Insurance, Group Home & Auto Insurance, Life Insurance, Health & Dental Insurance, Employee Benefits, RV & Trailer Insurance, Classic Car Insurance, and Insurance Telematics. Some products are offered through partner relationships (Motorcycle Insurance via StreetRider, OLA Travel Insurance for visitors to Canada) and the Intact Client Centre provides policyholder account management. The company operates across 30 locations in Ontario and has been serving customers for over 100 years.

Differentiator

Problem solved

Functional benefit

Products and services

• Car Insurance Personal auto insurance coverage for vehicle owners in Ontario, addressing mandatory auto insurance requirements, accident protection, and vehicle damage coverage.
• Home & Property Insurance Home insurance coverage for Ontario homeowners against property damage, theft, liability claims, and to satisfy mortgage requirements.
• Condo Insurance Insurance coverage tailored for condominium owners in Ontario.
• Renter's & Tenant's Insurance Insurance coverage for renters and tenants in Ontario providing personal property protection, liability coverage, and affordable renters insurance.
• Boat & Watercraft Insurance Insurance coverage for boats and watercraft owners.
• Business Insurance Commercial and business insurance coverage for Ontario businesses, addressing business interruption, liability protection, commercial property coverage, and industry-specific insurance requirements.
• Travel Insurance Travel insurance coverage for travelers.
• Group Home & Auto Insurance Group insurance programs combining multiple home and auto policies for groups such as employers or associations.
• Life Insurance Life insurance coverage for Ontario individuals addressing financial security needs.
• Health & Dental Insurance Health and dental insurance coverage for individuals and groups.
• Employee Benefits Employee benefits insurance programs for businesses, addressing employee retention, group insurance options, and benefits administration.
• Sherkston Shores Park Model Insurance Specialized insurance coverage for Sherkston Shores park model homes.
• RV & Trailer Insurance Insurance coverage for recreational vehicles and trailers.
• Classic Car Insurance Specialized insurance for classic and collector vehicles in Ontario, including agreed-value policies.
• Motorcycle Insurance Motorcycle insurance coverage offered through the StreetRider partner program.
• OLA Travel Insurance Travel insurance for visitors to Canada, offered through the OLA partnership.

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Intact InsurancecoreOthersYoungs Insurance Brokers offers Intact Client Centre integration, providing clients with online policy management access through Intact's client portal. Intact Insurance is a major Canadian insurance carrier and represents a core carrier partnership for the brokerage.

Scale indicators2 records

Recent moves1 record

Expansion highlights4 records

Broad incumbents

• TD Insurance: Bank-owned insurance distributor with a large Ontario customer base, offering auto, home, and life products through retail and direct channels — competing for the same consumer wallet.
• Intact Financial Corporation: Canada's largest P&C insurer and a core carrier partner of Youngs; broader incumbent that competes via direct channels (Belairdirect, Sonnet) and represents both an enabler and a threat to independent brokerages.
• Belairdirect: Direct-to-consumer insurance carrier owned by Intact, competing for the same Ontario auto and home customers with a digital-first model that bypasses the brokerage channel.
• CAA Insurance: Membership-based Ontario insurance provider leveraging the CAA brand and roadside network to distribute auto and home coverage directly to consumers.
• RBC Insurance: Bank-affiliated Canadian insurance provider offering home, auto, life, and group benefits; competes for the same Ontario household segment via cross-sell to RBC's large banking customer base.

Direct peers

• Westland Insurance Group: Canadian insurance brokerage with multi-branch presence across provinces including Ontario, comparable in scale and multi-line product offering to Youngs.
• Squire Insurance Brokers: Ontario-based multi-branch insurance broker offering personal, commercial, life, and group products — directly comparable in scope, geography, and channel strategy to Youngs.
• BrokerLink: One of Canada's largest retail insurance brokerage chains with a broad Ontario branch network, multi-line personal and commercial offerings, and carrier relationships closely comparable to Youngs Insurance Brokers.
• Mitchell & Abbott Insurance Brokers: Ontario-focused independent insurance brokerage offering personal and commercial lines through multiple branches; competes for the same customer base and product mix as Youngs.

Emerging players

• Sonnet Insurance: Digital-first Ontario home and auto insurer that sells directly online, representing the insurtech competitive threat to traditional branch-based brokers like Youngs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@youngsinsurancebrokers
• Facebookfacebook.com/youngsinsurancebrokers
• LinkedInlinkedin.com/company/ten-star-financial-services
• Instagraminstagram.com/youngsinsurancebrokers

Revenue estimate

Valuation estimate

Number of profiles

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 Youngs Insurance Brokers