HCP National Insurance Services

Name

HCP National Insurance Services

Legal name

HCP National Insurance Services, Inc.

Website

https://hcpnational.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Commercial Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Self-Funded (ASO) Group Health Plans & Stop-Loss (FSAIAFAB)

akta.pro secondary industries

Stop-Loss & Reinsurance Administration (Captive/Level-Funded Support) (HLAEALAB), Commercial General Liability (CGL) (FSAJADAA), Directors & Officers (D&O) Liability (FSAJADAF)

Keywords

• Commercial insurance brokerage
• Stop loss insurance
• Medical malpractice insurance
• MEWA stop loss coverage
• Employee benefits brokerage

Headquarters

HQ city

Aliso Viejo

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, Others

Revenue model

1. Insurance Brokerage Commissions: HCP National operates as an independent commercial insurance brokerage earning commissions from insurance carriers when placing coverage on behalf of clients. As a broker, HCP does not take on underwriting risk but earns placement fees and commissions from insurer partners across all product lines (Stop Loss, Medical Malpractice, E&O, D&O, Cyber, Employee Benefits, Reinsurance, and specialty lines). No transparent commission disclosure or revenue split is provided publicly.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

HCP National Insurance Services is an independent commercial insurance brokerage that places insurance coverage on behalf of healthcare providers, self-insured employers, MEWAs, ACOs, nonprofits, and government entities. The company offers stop loss, medical malpractice, professional liability, cyber liability, employee benefits, and specialty lines through dedicated account managers and access to a network of insurance carriers. The company earns commissions from insurance carriers and does not take on underwriting risk.

Product overview

HCP National Insurance Services is a diversified commercial insurance brokerage offering a comprehensive portfolio of insurance products and services. Founded in 1994, the company operates as a single unified brokerage platform serving employers, healthcare providers, nonprofits, government organizations, and businesses across all industries. The core product portfolio centers on stop loss insurance (employer, MEWA, provider, and captive reinsurance), professional liability coverage (E&O, D&O, EPLI, medical malpractice), and specialty lines including cyber liability, AI liability, cryptocurrency insurance, and sexual abuse molestation (SAM) coverage. The company also provides employee benefits, property & casualty insurance, and niche products like cannabis insurance, patent defense, and FHA/HUD SAM insurance. Value-added services include COI management software, HR support tools, and insurance product development for unique client needs. The portfolio functions as a full-service insurance brokerage where clients work with dedicated account managers to access multiple product lines through a single relationship.

Differentiator

Problem solved

Functional benefit

Products and services

• Employer Stop Loss Insurance Stop loss coverage for employers who self-fund their group medical insurance plans, protecting against catastrophic claims above a defined deductible. Targeted at private and public companies with self-funded employee health benefit plans.
• Employee Benefits Insurance Insurance products for employee benefit plans including medical (HMO/PPO/POS), dental, vision, disability, life, and voluntary benefits. Targeted at employers seeking comprehensive benefits coverage.
• Reinsurance for Captives Coverage for life or property casualty captives managing risks for reimbursement of catastrophic claims, including specific coverage, quota sharing, and carve-outs for RX or transplant claims. Targeted at organizations with captive insurance arrangements.
• MEWA Stop Loss Insurance Stop loss and reinsurance coverage for Multiple Employer Welfare Arrangements (MEWAs), with access to over 12 insurance companies and MEWA-specific E&O, fidelity bonds, D&O, crime, and cyber liability coverage. Targeted at MEWAs, ACOs, IPAs, and HMOs.
• Professional Liability Insurance Business professional liability coverage including Errors & Omissions (E&O), Directors & Officers (D&O), and Employment Practices Liability (EPL) for businesses producing goods or delivering professional services. Targeted at professional services firms and businesses.
• ACO Stop Loss Insurance / HMO Reinsurance Stop loss and reinsurance coverage for accountable care organizations (ACOs), HMOs, and other capitated provider entities, including provider stop loss, insolvency insurance, and conversion coverage. Targeted at risk-bearing healthcare entities.
• Cyber Liability Insurance Cybersecurity and data breach insurance covering liability from cyberattacks, including first-party and third-party coverage for attorney fees, settlements, regulatory fines, and data recovery. Targeted at businesses with cyber exposure.
• Cryptocurrency Insurance for Businesses Coverage for business cryptocurrency investments including custody insurance, crime insurance, D&O/E&O coverage for digital assets, and decentralized finance (DeFi) insurance. Targeted at businesses holding or transacting in cryptocurrency.
• Sexual Abuse & Molestation (SAM) Insurance Coverage for claims of sexual abuse against policyholders and employees, including standalone SAM policies and excess SAM coverage, with minimum annual premiums starting at $5,000. Targeted at organizations with exposure to abuse-related liability.
• FHA & HUD SAM Insurance Sexual abuse and molestation insurance structured to satisfy FHA and HUD lending requirements for multifamily and healthcare borrowers, including coverage for loan types HUD 223(f), HUD 221(d)(4), and HUD 232. Targeted at FHA/HUD borrowers and lenders.
• Intellectual Property Risk & Patent Defense Insurance Coverage to protect patents, copyrights, or trademarks from infringement suits, including patent troll defense, infringement defense, and abatement coverage with limits up to $10 million aggregate. Targeted at IP-holding businesses.
• AI Liability Insurance Standalone generative AI third-party liability policy covering claims arising from AI outputs including financial loss from AI errors, IP infringement, defamation, unauthorized data disclosure, and bodily injury/property damage from AI-generated guidance. Maximum aggregate limit $8.5M. Targeted at AI-developing or AI-using businesses.
• Workers' Compensation Insurance Coverage for employment-related injuries. Targeted at employers of all sizes.
• Medical Malpractice Insurance Coverage for licensed healthcare professionals protecting against liability from wrongful practices resulting in medical expenses, bodily injury, and property damage, including tail coverage for claims-made policies. Targeted at physicians, medical groups, and healthcare providers.
• Directors & Officers (D&O) Insurance Protection for individuals from personal losses if sued as a result of actions while serving on a board of directors or as an officer of a company. Targeted at corporate directors and officers.
• Errors & Omissions (E&O) Insurance Coverage for individuals and companies that provide professional advice and services against claims of financial loss resulting from errors or omissions. Targeted at professional service providers.
• Property Insurance Financial reimbursement coverage for building owners and renters for theft or damage to a structure and/or its contents. Targeted at commercial property owners and tenants.
• General Liability Insurance Commercial general liability coverage. Targeted at businesses of all sizes.
• Bonds Surety and fidelity bonds for businesses and individuals. Targeted at companies requiring contractual or regulatory bonding.
• Cannabis Insurance Insurance policies for marijuana growers, dispensaries, physicians, collectives, and cannabis-related businesses. Targeted at licensed cannabis operators and ancillary businesses.
• Business Owner's Policy (BOP) Customizable all-encompassing policies for small- to medium-sized businesses. Targeted at SMBs seeking bundled coverage.
• Employment Practices Liability Insurance (EPLI) Coverage for employers against claims made by employees alleging wrongful termination, harassment, discrimination, and other employment-related issues. Targeted at employers.
• Life Insurance Death benefit coverage provided to the insured's beneficiaries upon the insured's passing. Targeted at individuals and groups.
• Group Health Plan Insurance Top-grade group health plan insurance for small and large businesses. Targeted at employers offering health benefits.
• Nonprofit Insurance Coverage to reduce exposure, control costs, and protect people behind the mission for nonprofits and foundations. Targeted at nonprofit organizations.
• RIA Insurance
• Correctional Medical Liability Insurance
• Hospital Stop Loss Insurance
• Transaction Liability Private Enterprise (TLPE) Insurance
• Provider Stop Loss Insurance
• Tail Insurance for Medical Malpractice
• Dispensary Insurance

Quantifiable outcome

• Never had an eligible claim denied (0% denial rate vs. 1-3% industry standard)
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 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.

• SIAA (Strategic Insurance Agency Alliance)coreChannel Partner/ Reseller/ DistributorHCP National is a member of the Strategic Insurance Agency Alliance (SIAA), a network of over 2,000 insurance offices nationwide with $4 billion in aggregated premium buying power. This membership enhances HCP's market access and carrier negotiating leverage, enabling the brokerage to offer competitive terms across all major insurance markets.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Risk Strategies: National specialty insurance brokerage with deep healthcare, life sciences, and stop loss practices. Directly competes with HCP for mid-market and enterprise healthcare provider, MEWA, and self-funded employer accounts.
• Brown & Brown: National insurance brokerage and risk management firm of comparable mid-to-large size. Both are generalist commercial brokerages that also operate specialty practices, competing for healthcare, MEWA, and stop loss placements.
• Hub International: North American insurance brokerage with a strong employee benefits and healthcare practice. Competes with HCP for self-insured employer stop loss, MEWA, and commercial property & casualty placements.
• Alliant Insurance Services: Specialty-focused commercial insurance brokerage with deep healthcare and stop loss practices. Directly competes with HCP for self-funded employer stop loss, MEWA, and healthcare provider placements nationwide.
• USI Insurance Services: Large national commercial brokerage with a strong middle-market and employee benefits practice. Competes with HCP across employee benefits, stop loss, and property & casualty placements for mid-market healthcare and self-funded employers.
• NFP (an Aon company): Middle-market insurance brokerage with deep employee benefits, stop loss, and healthcare practices. Directly competes with HCP for mid-market healthcare, MEWA, and self-funded employer placements.

Broad incumbents

• Lockton Companies: Largest independent insurance brokerage in the world with significant healthcare, employee benefits, and stop loss practices. Competes for the same large self-insured employer, MEWA, and risk-bearing entity accounts as HCP.
• Aon: Global professional services firm with a major insurance brokerage division. Competes with HCP on enterprise healthcare, stop loss, and reinsurance placements for large self-funded employers and risk-bearing entities.
• Marsh McLennan: Global insurance and risk advisory firm with deep healthcare and reinsurance brokerage capabilities. Competes for large enterprise healthcare, HMO reinsurance, and MEWA accounts; one of the largest brokers HCP competes against on RFPs.
• Arthur J. Gallagher & Co. Global insurance brokerage powerhouse with dedicated healthcare and stop loss practice groups. A primary competitor on enterprise healthcare and MEWA stop loss accounts where HCP claims its 80%+ win rate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hcpnational
• Facebookfacebook.com/HCPNationalInsuranceServices

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 HCP National Insurance Services