Community Underwriters

What Community Underwriters does

Community Underwriters, doing business as BOLD Legal Defense Insurance, is a Florida-domiciled private insurance carrier (Bold Legal Defense Insurance, Inc.) founded in 2012 and headquartered in Fort Lauderdale. The company sells a single core product — a supplemental legal defense insurance policy — that fills gaps, exclusions, and loopholes in standard primary insurance policies (general liability, property, and D&O) for community associations and commercial property owners. When a primary carrier denies, limits, or fails to respond to a claim (mold, water damage, subrogation actions, environmental hazards, breach of contract, personal injury, flood-related lawsuits), BOLD provides unlimited legal defense coverage with no deductible, immediate access to a plan attorney, and full litigation representation.

The offering is structured into nine vertical-specific coverage modules across two macro-categories: Community Associations (Condominium Developments, Cooperatives, Homeowners Associations, Master Associations) and Commercial Properties (Apartment Buildings, Office Buildings, Shopping Centers, Hotels, Golf Courses). A separate Medical Malpractice Defense product is operated under a related brand (boldsupplemental.com). The supporting platform is a conventional insurance/agent workflow — an appointed-agent portal (BoldApply.com), a JotForm-based insurance application, a marketing website (boldlegalplans.com), and a coordinated attorney network for claims handling. BOLD holds an 'A' Exceptional Financial Stability Rating from Demotech.

The business model is annual recurring subscription premiums, priced on a quote basis exclusively through appointed insurance agents and brokers (no direct-to-consumer pricing). Distribution is entirely channel-led via independent agents who must execute a Producer Agreement and provide E&O documentation and agency licensing; agents earn commissions and use the BoldApply portal to quote and bind. Target customers are Florida-based community associations (condos, HOAs, co-ops, master associations) and commercial property owners, with stated intent to expand nationally. Operating scale is small (1-10 employees), no funding rounds are disclosed, and ownership appears to be founder- or management-controlled.

Name

Community Underwriters

Legal name

Bold Legal Defense Insurance, Inc.

Website

https://boldlegalplans.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Community Underwriters (BOLD Legal Defense Insurance) is a Florida-based private insurer selling supplemental legal defense policies to community associations and commercial property owners, filling coverage gaps when primary insurers deny claims. It distributes exclusively through appointed insurance agents.

Ownership category

akta.pro rank

Product category

Supplemental Legal Defense Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Commercial Umbrella / Excess Liability (FSAJADAL)

akta.pro secondary industries

Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH), Excess Liability Insurance (FSAJANAC)

Keywords

• Supplemental legal defense insurance
• Community association insurance
• Commercial property insurance
• Liability defense coverage
• Legal protection plans

Headquarters

HQ city

Boca Raton

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, Infrastructure

Revenue model

1. Supplemental Legal Defense Insurance Premiums: BOLD generates revenue through annual insurance premiums for supplemental legal defense coverage policies sold to community associations and commercial property owners. Policies provide unlimited legal protection with no deductible when primary insurance denies coverage.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

BOLD sells supplemental legal defense insurance policies to community associations (condominiums, HOAs, cooperatives, master associations) and commercial property owners (apartment, office, retail, hotel, golf courses). The policy provides unlimited legal defense coverage with no deductible when a primary insurer denies or excludes a claim, including mold, subrogation, environmental hazards, water damage, breach of contract, and personal injury. Policies are sold exclusively through appointed insurance agents across Florida, with national expansion planned.

Product overview

BOLD Legal Defense Insurance is a supplemental legal defense insurance company offering a single core product: the BOLD Supplemental Legal Defense Insurance Policy. This policy provides unlimited legal defense coverage with no deductible for community associations and commercial properties when primary insurance companies deny or exclude coverage. The company offers specialized coverage modules for different property types: Community Associations (Condominium Developments, Cooperatives, Homeowners Associations, Master Associations) and Commercial Properties (Apartment Buildings, Office Buildings, Shopping Centers, Hotels, Golf Courses). Additionally, Medical Malpractice Defense is offered through a related brand (boldsupplemental.com). The policy fills gaps and loopholes in standard insurance policies (general liability, directors and officers, property insurance) by providing immediate access to plan attorneys and total representation in litigation from beginning to end.

Differentiator

Problem solved

Functional benefit

Products and services

• BOLD Supplemental Legal Defense Insurance Policy A supplemental insurance policy providing comprehensive legal defense coverage for community associations and commercial properties when primary insurance carriers deny or exclude coverage. Offers unlimited legal protection with no deductible, immediate access to plan attorneys, and total litigation representation. Available through appointed insurance agents in Florida with national expansion planned.
• Medical Malpractice Defense Supplemental legal defense insurance for medical malpractice claims not covered or excluded by primary medical malpractice policies, offered through the boldsupplemental.com brand and distributed via insurance agents.

Quantifiable outcome

• Coverage denial triggers immediate legal support including attorney access and full litigation representation

Named customers1 record

Segments9 records

Ideal customer profiles3 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.

• Community Associations Institute (CAI)coreOthersBOLD references CAI market data about the 1.5 million+ condominium units in Florida, indicating a data/market intelligence relationship. CAI provides industry statistics that BOLD uses to demonstrate market opportunity to investors.

Scale indicators3 records

Recent moves5 records

Direct peers

• The Doctors Company: The Doctors Company is the largest physician-owned medical malpractice carrier and also offers supplemental legal-defense coverage for claims beyond traditional policy limits. It is the closest analog to BOLD's boldsupplemental.com medical malpractice defense offering.
• Medical Protective: Medical Protective specializes in medical malpractice and allied healthcare professional liability defense, including supplemental/excess defense coverage. Comparable to BOLD's medical malpractice supplemental-defense product in both function and customer type.

Broad incumbents

• American Strategic Insurance (ASI) / Progressive: ASI was a Florida-focused specialty homeowners and condo insurer acquired by Progressive. While not a supplemental defense product, the deep Florida condo-association distribution and admitting carrier footprint set the competitive baseline BOLD must outflank within the state.
• Skyward Specialty Insurance Group: Skyward Specialty writes commercial P&C, professional liability, and excess casualty through specialty distribution, very similar in go-to-market to BOLD's agent-led specialty approach, though at materially larger scale.
• Kinsale Capital Group: Kinsale is a publicly traded specialty E&S insurer focused on commercial property and casualty excess and surplus lines. Like BOLD, Kinsale writes niche commercial P&C risk where standard carriers decline coverage, but operates at vastly larger scale with an A.M. Best A rating.
• Lexington Insurance (AIG): Lexington writes commercial excess and surplus lines including commercial umbrella, professional liability, and D&O. Comparable to BOLD's supplemental commercial-umbrella/board-defense concept, but at giant scale and A.M. Best A+ rated.
• James River Group Holdings: James River owns specialty E&S carriers that underwrite excess liability and commercial P&C for niche verticals. The structure of an underwriting chassis applied across multiple specialty lines is directly comparable to BOLD's vertical-module approach.

Others

• First Insurance Funding: First Insurance Funding provides premium financing and payment solutions to P&C agencies and carriers. Adjacent ecosystem participant serving many of the same community-association and commercial-property buyers that BOLD underwrites.
• Burns & Wilcox: Burns & Wilcox is a specialty E&S wholesale broker placing excess, professional, and commercial coverages into niche verticals. Comparable on the distribution side: both rely on appointed producer relationships to reach under-served commercial and association buyers.

Regional players

• Risk Strategies Company: Risk Strategies is a large national insurance brokerage whose Managing Director publicly endorses BOLD. While not an underwriting competitor, it serves the same community-association and commercial-property clients and shapes which supplemental products get placed.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bold-insurance-plans

Compliance1 record

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 Community Underwriters