Kornerstone

What Kornerstone does

HUB International Limited is a privately held insurance brokerage firm incorporated under Illinois law and headquartered at 150 N Riverside Plaza, Chicago, with roots tracing to an 1888-founded Sacramento office. The firm operates a full-service brokerage across U.S. states and Canadian provinces, delivering Business Insurance, Employee Benefits, Retirement Services, Personal Insurance, Private Client Insurance, and Risk Management Services to enterprise, mid-market, and SMB clients across verticals including Healthcare, Construction, Manufacturing, Hospitality, Professional Services, Food and Beverage, Education, and Personal Lines.

The firm's risk-management technology platform is the proprietary Risk Management Information System (RMIS), which aggregates high claims volume data from multiple carriers and third-party administrators and offers configurable analytics, benchmarking, automated workflow (including OSHA log production and certificate-of-insurance generation), fleet management, real estate and construction risk modules, and industry-specific reporting dashboards. Distribution runs through three primary motions: a U.S./Canadian direct field-sales office network, an inside-sales operation for personal insurance (with dedicated phone support hours), and a wholesale brokerage channel (HUB Wholesale) that serves other brokers and agents with specialized underwriting capacity.

Revenue is generated primarily through insurance brokerage commissions on placed business, supplemented by consulting and advisory fees (risk management, people and technology consulting, actuarial services, strategic benefits planning) and wholesale brokerage economics. Pricing is quote-based and tailored to client-specific risk profiles rather than publicly tiered, and the firm pairs policy placement with an in-house Claims Team, workplace safety programs, property risk management, and crisis resource centers to deepen client retention across the policy lifecycle.

Name

Kornerstone

Legal name

HUB International Limited

Website

https://kornerstoneinc.com

Company type

Private

Founded year

1888

Operating status

Operating

Headcount range

1–10 employees

Short description

HUB International is a privately held insurance brokerage founded in 1888, delivering business insurance, employee benefits, retirement services, personal insurance, private client coverage, and risk management across U.S. and Canadian clients via a proprietary RMIS platform.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Risk Management Consulting (Enterprise & Operational Risk) (FSAEADAG)

akta.pro secondary industries

Retail (Personal Lines) Insurance Brokerage (FSAEADAA), Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)

Keywords

• Insurance brokerage services
• Commercial insurance products
• Risk management consulting
• Employee benefits administration
• Workers compensation coverage

Headquarters

HQ city

Chico

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: HUB International operates as an insurance broker/agency earning commissions from insurance carriers for placing business. Their website Terms and Conditions state 'HUB may share commissions or referral fees with business partners, subject to all applicable regulations and laws.'
2. Consulting and Advisory Fees: Revenue generated from consulting services including Risk Management, People & Technology Consulting, Strategic Benefits Planning, Actuarial & Financial Consulting, and other advisory services.
3. Wholesale Brokerage: HUB Wholesale division serves other insurance brokers and agents, providing access to specialized insurance products and underwriting capacity.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Kornerstone (operating as HUB International) is a full-service insurance brokerage placing business and personal insurance with carriers, earning commissions. The firm offers six core product lines: Business Insurance, Employee Benefits, Retirement Services, People & Technology Consulting, Personal Insurance, and Private Client Insurance, supported by a proprietary Risk Management Information System (RMIS) technology platform for claims administration, analytics, and compliance.

Product overview

HUB International offers a comprehensive insurance brokerage and risk management platform consisting of six core product lines: Business Insurance (commercial property, casualty, professional liability, workers' compensation, and specialty coverages), Employee Benefits (health, wellness, absence management, and pharmacy benefits), Retirement Services (retirement plans, executive benefits, and wealth management), People & Technology Consulting (HR and organizational consulting), Personal Insurance (auto, home, and specialty coverage), and Private Client Insurance (high net worth solutions). The Risk Management Services division includes specialized technology-enabled modules such as the Risk Management Information System (RMIS) for claims administration and analytics, Workplace Safety Management programs, Property Risk Management services, Crisis Resource Centers, and industry-specific RMIS features for Construction, Real Estate, and Fleet Management. The RMIS platform aggregates risk data from multiple carriers and third-party administrators, automates OSHA log production and certificate tracking, and provides reporting dashboards with benchmarking capabilities. These modules work together to deliver end-to-end risk management from insurance placement through claims advocacy and workplace safety.

Differentiator

Problem solved

Functional benefit

Brands

• HUB Risk Management Information System (RMIS): Advanced risk management technology platform providing claims administration, audit, safety and compliance tools.
• HUB Crisis Resources
• HUB HSA Investment Account

Quantifiable outcome

• 81% reduction in Workers' Compensation costs
• +2 more outcomes

Named customers3 records

Segments9 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Disaster Recovery ServicessupportingImplementation/ SI/ Consulting PartnerHUB partners with Disaster Recovery Services division to help organizations successfully navigate physical and financial recovery from natural disasters and catastrophic events through their Crisis Resource Centers.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Arthur J. Gallagher & Co. Publicly traded multi-line insurance brokerage with comparable commercial and personal lines focus, similar scale, and direct head-to-head competition for middle-market and enterprise accounts across the U.S. and Canada.
• Alliant Insurance Services: Privately held U.S. insurance brokerage with similar specialty and middle-market focus and private ownership; directly comparable to HUB in product breadth, vertical specialization, and growth orientation.
• USI Insurance Services: Privately held insurance brokerage with similar commercial and personal lines focus and approximately comparable scale; direct private-peer competitor for middle-market and select enterprise accounts in the U.S.
• Acrisure: Rapidly growing insurance brokerage built through aggressive M&A with similar product breadth across commercial, personal, and benefits lines; closely comparable in scale, growth trajectory, and acquisition-driven strategy to HUB.
• Truist Insurance Holdings: Insurance brokerage subsidiary of Truist Financial Corporation with a comparable U.S. footprint and multi-line commercial brokerage capabilities; competes with HUB for middle-market and select enterprise clients, especially in banking-aligned relationships.
• Brown & Brown, Inc. Multi-line U.S. insurance brokerage with comparable product breadth and similar revenue scale; competes head-to-head for middle-market commercial accounts and shares private/public ownership dynamics with HUB.
• Lockton Companies: Largest privately held insurance broker globally with comparable multi-line commercial focus and similar private ownership profile; a direct private-peer rival across commercial brokerage and specialty practices.

Emerging players

• Risk Strategies Company: Smaller but rapidly growing U.S. insurance brokerage with a similar multi-line approach and specializations in professional and private client services; a comparable business model at smaller scale, increasingly overlapping HUB's mid-market footprint.

Broad incumbents

• Marsh McLennan: Global risk, insurance brokerage, and consulting conglomerate operating Marsh, Guy Carpenter, Mercer, and Oliver Wyman; substantially larger than HUB and broader in scope, with overlapping brokerage capabilities in commercial lines and risk advisory.
• Aon plc: Major global insurance broker and risk consultancy with similar product breadth and large enterprise client base; larger scale than HUB and a direct competitor for multinational accounts and complex risk placements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/kornerstone401k
• Facebookfacebook.com/kornerstone401k
• LinkedInlinkedin.com/company/-k-ornerstone-401-k-services

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 Kornerstone