Hatch Insurance Group
Hatch Insurance Group is a Utah-based independent insurance agency distributing personal, commercial, and specialty insurance via multi-carrier relationships across 30 states and 15 countries. Following its merger with Beehive Insurance Agency, it serves individuals, businesses, and niche professional micro-verticals through four offices and a CoverSmart-powered online quote platform.
- Company typePrivate
- Founded2013
- HeadquartersDraper, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Hatch Insurance Group does
Hatch Insurance Group is a Utah-based independent insurance agency operating under Hatch Insurance Group LLC, with headquarters in Salt Lake City and additional offices in Cedar City, St. George, and Los Angeles. Following its merger with Beehive Insurance Agency — a Utah firm with more than 60 years of legacy — the agency markets itself as "A Beehive Insurance Agency Company" and reports over 70 years of combined team experience, with founder Mark Hatch (25+ years, including international operations experience at Lloyd's of London) and licensed Property & Casualty agents such as Amanda Warr.
The agency distributes a broad portfolio across personal lines (home, auto, earthquake, umbrella, motorcycle, ATV, watercraft, collector cars, wedding and special-event coverage), commercial lines (general liability, professional liability, D&O, cyber liability, technology E&O, commercial auto, workers' compensation, habitational, manufacturing), health insurance, and a dozen-plus niche micro-vertical packages for solo professionals and SMBs (photographers, travel agents, fitness instructors, barbers, hair stylists, court reporters, notaries, wedding planners, life coaches, tutors, interpreters, and videographers). Its technology footprint centers on a third-party CoverSmart-powered instant-quote platform and a content-rich website featuring a video gallery, blog, and social presence on Facebook, Instagram, LinkedIn, and Vimeo.
The business model is commission-based: as an independent agency representing multiple carriers, Hatch earns commissions on each policy placed and renews, with same-day quoting and same-day binding in most cases. Go-to-market is hybrid — direct in-person sales at the four offices, phone-based inside sales on dedicated Northern Utah, Southern Utah, and toll-free lines, plus self-serve online quotes via CoverSmart and content-driven SEO across niche verticals. Pricing is quote-driven and not publicly disclosed, with illustrative anchors of roughly $15 per month per $100,000 of earthquake coverage and $995 cyber liability premiums. The combined entity writes business across 30 U.S. states and 15 countries.
Hatch Insurance Group firmographics
Firmographics- Name
- Hatch Insurance Group
- Legal name
- Hatch Insurance Group LLC
- Website
- https://hatch-insurance.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Hatch Insurance Group is a Utah-based independent insurance agency distributing personal, commercial, and specialty insurance via multi-carrier relationships across 30 states and 15 countries. Following its merger with Beehive Insurance Agency, it serves individuals, businesses, and niche professional micro-verticals through four offices and a CoverSmart-powered online quote platform.
- Ownership category
- akta.pro rank
Hatch Insurance Group industry classification
Industry- Product category
- Insurance Brokerage Services
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Other Insurance Related Activities (52429), Direct Property and Casualty Insurance Carriers (524126)
- SIC
- Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)
- akta.pro primary industry
- Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs) (FSAIAGAH)
- akta.pro secondary industries
- Small Group Health Insurance (2–50/100) (FSAIAFAD), Fully Insured Small Group Plans (HLAEAAAB)
Keywords
Where Hatch Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Draper
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Hatch Insurance Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Commissions: Independent insurance agency earning commissions from multiple insurance carriers for policies written. As an independent agency, they represent multiple carriers and earn commissions on each policy sold.
- Policy Services: Personalized service and expert advice included with every policy written. Revenue derived from ongoing policy premiums and renewals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Earthquake Insurance |
| Subscription | Annual | Cyber Liability Insurance |
| Subscription | Monthly | Personal Insurance Bundle |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Hatch Insurance Group product offering
Product offeringCore offering
Hatch Insurance Group is an independent insurance agency that sells personal, commercial, and specialty insurance policies on behalf of multiple carriers. The firm acts as a brokerage, shopping coverage options across carriers and providing licensed Certified Insurance Counselor advice, same-day quoting, and bind-on-premium-payment capabilities. Following its merger with Beehive Insurance Agency, the company also leverages Beehive's 60+ years of legacy for additional carrier access and online resources.
Product overview
Hatch Insurance Group is an independent insurance agency that offers a comprehensive portfolio of insurance products across personal, commercial, and specialty lines. The core offerings include Personal Insurance (home owners, auto, earthquake, umbrella, and specialty coverage for vehicles) and Commercial Business Insurance (professional liability, cyber liability, technology E&O, and industry-specific coverage). The company provides specialized coverage for small businesses including photographers, travel agents, fitness instructors, barbers, hair stylists, wedding planners, notaries, and more. Additional services include Health Insurance, Non-Profit Insurance, Manufacturing Insurance, and Habitational Insurance for HOA and property management. The agency operates as part of Beehive Insurance Agency and leverages relationships with multiple carriers to offer competitive rates and customized coverage options.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Insurance Comprehensive personal insurance coverage for individuals and families including homeowners, auto, earthquake, umbrella, and specialty vehicle coverage (motorcycles, ATVs, watercraft, collector cars). Designed for individual consumers seeking to protect personal assets.
- Commercial Business Insurance Business insurance coverage for offices and commercial operations including professional liability, errors and omissions, directors and officers liability, cyber liability, commercial auto, and workers compensation. Targeted at small and mid-market businesses.
- Home Owners Insurance Homeowners insurance for primary residences, vacation homes, condos, townhomes, and rental properties, with options for earthquake, flood, valuable articles, cell phone, and golf cart coverage.
- Earthquake Insurance Earthquake insurance to protect homes and properties from seismic damage, starting at approximately $15 per month per $100,000 of coverage.
- Auto Insurance Automobile insurance coverage with options for bundling with home insurance to save on monthly premiums, and a disappearing deductible benefit for safe drivers.
- Collector Cars Insurance High-value and collectible car insurance with agreed value coverage, 24/7 exceptional claims service, up to $15,000 loss of use coverage, and choice of body shop.
- Motorcycle Insurance Motorcycle insurance coverage for two-wheeled and three-wheeled vehicles including Harley Davidson, tricycles, custom builds, classic, and high-performance bikes.
- ATV Insurance All-terrain vehicle insurance for dirt bikes, four wheelers, six wheelers, snow mobiles, UTVs, and other ATVs.
- Watercraft Insurance
Companies that use Hatch Insurance Group
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles4 records
Hatch Insurance Group technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Hatch Insurance Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Beehive Insurance AgencycoreHatch Insurance Group has merged with Beehive Insurance Agency, becoming part of the Beehive family. This strategic move combines Hatch's expertise with Beehive's 60+ years of legacy in the insurance industry. The merger enhances personalized service with additional carriers, new coverage options, and improved online resources for customers.
- CoverSmartcoreHatch Insurance Group has partnered with CoverSmart to provide instant online insurance quotes. The CoverSmart platform enables customers to get quotes in minutes and pick coverage that meets their specific needs. This digital integration provides competitive pricing for various business types including travel agents.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
Hatch Insurance Group competitors and assessment
Company assessmentDirect peers
- Insurance Office of America: Privately held independent brokerage providing personal, commercial, and employee benefits across multiple states; comparable in multi-line, multi-carrier model with strong producer culture.
- Foundation Insurance Group: Independent agency focused on niche commercial and personal lines including contractors, non-profits, and emerging-risk products; comparable in micro-vertical specialization approach.
- Beehive Insurance Agency: Parent company and now strategic partner; Utah-based independent insurance agency with 60+ years legacy offering personal, commercial, and specialty insurance through multiple carriers — directly comparable to Hatch's business model and geography.
- SterlingRisk: Independent commercial insurance brokerage focused on specialty commercial, cyber, and professional liability lines for SMB and mid-market; comparable niche-commercial focus to Hatch's specialty commercial practice.
- Leavitt Group: Large Intermountain West independent insurance agency with multi-state presence and similar multi-carrier, multi-line (personal/commercial/benefits) model; comparable in offering breadth and rural/regional footprint.
- Higginbotham: Texas-based independent insurance brokerage offering personal, commercial, and employee benefits through multiple carriers; comparable in independent agency structure and small-business specialty orientation.
- World Insurance Associates: Fast-growing independent insurance agency aggregator offering personal and commercial lines across many states with micro-vertical specialty programs; comparable in geographic and product diversification strategy.
- Heffernan Insurance Brokers: West Coast-rooted independent brokerage serving mid-market and personal clients with similar multi-carrier representation, specialty commercial lines, and micro-vertical focus; comparable in agency operating model.
Broad incumbents
- HUB International: Large global insurance brokerage offering the full spectrum of personal, commercial, and specialty lines through regional offices; sets the competitive benchmark Hatch competes against for mid-market and commercial accounts.
- Brown & Brown: Public national insurance brokerage with deep independent-agency roots and a model of acquiring regional independents; a likely roll-up comparator and potential future acquirer of Hatch.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Hatch Insurance Group social profiles
Digital presenceHatch Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hatch Insurance Group leadership team
Management profileNumber of profiles
Profiles2 records
Hatch Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hatch Insurance Group 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 Hatch Insurance Group
What does Hatch Insurance Group do?
Hatch Insurance Group is an independent insurance agency that sells personal, commercial, and specialty insurance policies on behalf of multiple carriers. The firm acts as a brokerage, shopping coverage options across carriers and providing licensed Certified Insurance Counselor advice, same-day quoting, and bind-on-premium-payment capabilities. Following its merger with Beehive Insurance Agency, the company also leverages Beehive's 60+ years of legacy for additional carrier access and online resources.
Is Hatch Insurance Group a public or private company?
Hatch Insurance Group is a private company. It is classified as corporate owned and is currently operating.
When was Hatch Insurance Group founded?
Hatch Insurance Group was founded in 2013. It employs 1 to 10 people.
Where is Hatch Insurance Group based?
Hatch Insurance Group is headquartered in Draper, United States, in the North America region.
How does Hatch Insurance Group make money?
Two revenue lines are on record. Insurance Commissions are the primary driver. The others are policy Services.
Who are Hatch Insurance Group's main competitors?
Direct peers on record are Insurance Office of America, Foundation Insurance Group, Beehive Insurance Agency, SterlingRisk, Leavitt Group, Higginbotham, World Insurance Associates and Heffernan Insurance Brokers. Broad incumbents are HUB International and Brown & Brown.
Does Hatch Insurance Group have an API?
No public API is recorded for Hatch Insurance Group.
What industry is Hatch Insurance Group in?
Hatch Insurance Group's product category is Insurance Brokerage Services. Its primary akta.pro industry code is FSAIAGAH, Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs), with a secondary code of FSAIAFAD, Small Group Health Insurance (2–50/100). Its NAICS code is 5242 and its SIC code is 6411.