Asset Protection Insurance Associates

What Asset Protection Insurance Associates does

Asset Protection Insurance Associates (APIA) is a Texas-based Managing General Agent (MGA) that underwrites and services specialty insurance products for real estate investors, property owners, and financial institutions across all 50 U.S. states. Founded in 2001 and operating under APIA INC. (Texas), the company addresses a specific operational pain point for portfolio owners — fragmented coverage across multiple carriers, states, and policy periods — by consolidating typically five or more investment properties under a single policy with unified expiration dates.

APIA's product portfolio centers on Inland and Coastal Real Estate Investor Portfolio Insurance and is complemented by a Primary Flood Insurance Program (up to $250,000 building / $100,000 contents residential, and $500,000 commercial), an Excess Flood program extending coverage to $1 million, and Surplus Lines coverage underwritten through Lloyd's of London. The company operates a proprietary insurance management system that automates certificate generation and policy lifecycle events (additions, removals, endorsements), delivered through a concierge service model in which APIA staff execute transactions on the customer's behalf rather than requiring self-service. The firm reports over 100 years of combined staff experience in specialty property insurance, led by President Shannon DeLAune.

Commercially, APIA distributes exclusively through wholesale brokers — AmWINS, Burns & Wilcox, RT Specialty, River Valley Underwriters, and Hull & Company — supplemented by direct phone and website engagement with end insureds. Revenue is generated via insurance commissions on premium volume, with monthly billing at no interest or fees, no minimum earned premium, and no coinsurance penalty — pricing differentiators the company emphasizes. The firm is privately held and is the subject of a pending acquisition by TWFG announced in May 2026, under which the existing leadership and team will remain in place.

Name

Asset Protection Insurance Associates

Legal name

APIA INC.

Website

https://apiaprotects.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Asset Protection Insurance Associates is a Texas-based Managing General Agent founded in 2001 that underwrites specialty portfolio insurance for real estate investors and property owners across all 50 U.S. states, distributing through major wholesale brokers with Lloyd's of London carrier backing.

Ownership category

akta.pro rank

Product category

Specialty Property Insurance

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Real estate investor insurance
• Managing general agent
• Property portfolio coverage
• Flood insurance program
• Surplus lines insurance

Headquarters

HQ city

Castroville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premium Revenue: APIA generates revenue through insurance premiums as a Managing General Agent (MGA). They offer monthly reporting and billing to minimize impact on cash flow, charging only for the exact days a property is on the policy. No interest or fees charged for monthly payment of premiums.
2. Surplus Lines Insurance: APIA's policy is underwritten by Lloyd's of London, providing flexibility in coverages for high-risk properties. States charge taxes and fees on surplus lines policies.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

APIA is a Managing General Agent (MGA) that underwrites and services specialty property insurance for real estate investors, property owners, and financial institutions across all 50 U.S. states. Its core offering consolidates multiple residential investment properties (5+) under a single inland or coastal portfolio policy with one expiration date, and adds primary and excess flood insurance plus surplus lines capacity via Lloyd's of London. Policies are placed through wholesale brokers and independent agents, with APIA performing underwriting, billing, endorsements, and claims coordination on a concierge basis.

Product overview

Asset Protection Insurance Associates (APIA) offers a unified platform of specialty insurance products for real estate investors and property owners. The core portfolio includes Inland Real Estate Investor Portfolio Insurance and Coastal Real Estate Investor Portfolio Insurance, which consolidate multiple properties (5+) under single policies with unified expirations. These are complemented by Primary and Excess Flood Insurance Programs covering properties up to NFIP limits and beyond. APIA also provides Surplus Lines Insurance underwritten by Lloyd's of London, plus Vacant Property Insurance and REO Insurance for financial institutions. The offering is distinguished by monthly billing flexibility, no coinsurance penalties, and coverage for both vacant and occupied properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Inland Real Estate Investor Portfolio Insurance Specialty inland program that consolidates five or more residential investment properties (1–4 family dwellings) under one policy with a single expiration date, covering fire, hail, windstorm, vandalism, theft, malicious mischief, and liability for inland real estate investors.
• Coastal Real Estate Investor Portfolio Insurance Specialty portfolio program for real estate investors with properties in Tier 1 and Tier 2 coastal counties, designed to address hurricane, windstorm, and coastal-specific risks not typically covered by standard carriers.
• Primary Flood Insurance Program Primary flood coverage for residential properties (up to $250,000 building / $100,000 contents) and commercial properties (up to $500,000 building and contents), with no waiting period.
• Excess Flood Insurance Program Excess flood coverage for properties exceeding NFIP limits, with up to $1,000,000 maximum risk limit on building and a contents limit up to 25% of building value.
• Surplus Lines Insurance Specialty coverage underwritten by Lloyd's of London for risks that exceed standard insurance company appetites, providing flexible coverage solutions for unique or high-risk property situations.
• Vacant Property Insurance Insurance for vacant and distressed properties, including theft and vandalism protection for secured properties that require monthly inspections, for both investor and institutional clients.
• REO Insurance Real Estate Owned property insurance for properties held by lenders after foreclosure, covering damage during the holding period before resale.

Quantifiable outcome

• No coinsurance penalty - clients avoid reduced claim payouts
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eleven partnerships are on record, tiered core, major and minor.

• Lloyd's of LondoncoreTechnology or Integration · 1 January 2001APIA's policy is underwritten by Lloyd's of London, providing flexibility in coverages for high-risk and specialty properties that standard carriers cannot cover. This partnership enables APIA to offer creative coverage solutions for real estate investors with complex insurance needs.
• Hausch & CompanycoreImplementation/ SI/ Consulting PartnerThird-party administrator (TPA) handling claims processing for APIA. Hausch & Company uses latest technology to analyze complex claims and create simple solutions for faster and accurate claims payments. APIA describes them as their claims partner with highest confidence in their capabilities.
• AmWINSmajorChannel Partner/ Reseller/ DistributorWholesale insurance broker partner placing real estate investor business with APIA. Multiple testimonials from AmWINS staff praising APIA's responsiveness, expertise in habitational schedules, and ease of doing business.
• Burns & WilcoxmajorChannel Partner/ Reseller/ DistributorWholesale insurance broker partner placing commercial and investment property business with APIA. Multiple senior underwriters have provided testimonials about APIA's responsiveness and solutions for hard-to-place accounts.
• RT SpecialtymajorChannel Partner/ Reseller/ DistributorWholesale broker partner placing property insurance for investors. Testimonials highlight competitive rates, robust coverage forms, and billing flexibility offered through APIA.
• River Valley Underwriters, Inc.minorChannel Partner/ Reseller/ DistributorInsurance underwriting partner placing habitational schedules with APIA for real estate investors. Testimonial notes successful placement of small to large schedules in challenging market conditions.
• Hull & Company, LLCminorChannel Partner/ Reseller/ DistributorRegional broker partner for Mid-Atlantic region placing dwelling schedule coverage with APIA. Testimonial notes APIA as a true partner willing to discuss terms and find ways to win accounts.
• Vault Fostering CommunityminorOthersTexas-based nonprofit providing resources to local foster families. APIA supports through donations and community involvement.
• Young LifeminorOthersGlobal youth organization with local South Texas focus introducing adolescents to Jesus Christ and helping them grow in faith. APIA partners with Young Life groups across South Texas area.
• Aid the SilentminorOthersTexas-based nonprofit helping deaf and hard-of-hearing children and teens receive equal access to opportunity through financial assistance for communication methods, education resources, and health services.
• Hill Country Daily Bread MinistriesminorOthersNonprofit administering programs and mobilizing community resources across an eight-county area, providing food, clothing, furniture, diapers, school supplies, and bibles to struggling families.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Others

• AmWINS Group: Largest US wholesale insurance distributor with dedicated real estate and specialty practices. APIA is an approved carrier partner; comparable as the dominant wholesale distribution intermediary for the same investor property risks.
• Burns & Wilcox: Major US wholesale insurance broker and managing general agent. APIA's distribution partner for placing investment property business; comparable as a wholesale/specialty distribution channel for the same investor and habitational property risks.
• RT Specialty: Wholesale broker and MGA platform within Ryan Specialty Group focused on specialty property and casualty placements. Comparable as a broker-driven distribution channel and program administrator for habitational and investor property risks.

Direct peers

• TWFG (The Woodlands Financial Group): Texas-based specialty insurance distributor and MGA that has agreed to acquire APIA. Operates in the same US specialty insurance space with overlapping product development and distribution ambitions in niche lines, making it the closest direct peer and counterpart.
• DCI Specialty Insurance: Specialty MGA underwriting niche property and casualty exposures through wholesale and retail brokers. Comparable to APIA in deploying proprietary specialty programs via broker distribution to underserved risk profiles such as vacant or non-standard properties.
• AmRISC: MGA and managing general underwriter focused on catastrophe-exposed commercial and residential property, including coastal and inland specialty risks. Directly comparable to APIA's coastal/inland investor portfolio products and surplus lines distribution model.
• SageSure: MGA focused on catastrophe-exposed residential property, including coastal homeowners and excess flood, with surplus lines carrier partnerships comparable to APIA's Lloyd's-backed model. Highly relevant because of overlapping product set (coastal property, excess flood) and similar MGA structure.

Broad incumbents

• Palomar Specialty Insurance Company: Publicly-traded specialty insurer writing earthquake, hurricane, and inland marine property coverages. Comparable as a broader incumbent in US specialty property insurance that addresses similar catastrophe-exposed risks APIA underwrites for real estate investors.
• Heritage Insurance Holdings: Publicly-traded personal and commercial residential property insurer with material coastal catastrophe exposure. Comparable to APIA in its focus on property insurance in catastrophe-prone geographies, though at significantly larger scale.

Emerging players

• Skyway Insurance: Smaller specialty MGA writing niche property programs including vacant, investor, and non-standard residential risks. Comparable to APIA as a niche MGA targeting underserved investor and habitational property segments through wholesale distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCGdJT3Vef0uN6v9y4m--7oA
• Facebookfacebook.com/APIAProtects
• LinkedInlinkedin.com/company/asset-protection-insurance-associates-inc-apia

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Asset Protection Insurance Associates