Legacy Risk Solutions

Name

Legacy Risk Solutions

Legal name

Legacy Risk Solutions (Legacy LRS LLC)

Website

https://legacyrisksolutions.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Finance and Insurance (52), Health and Welfare Funds (525120)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)

akta.pro primary industry

Claims Advocacy & Loss Recovery Services (FSAEADAH)

akta.pro secondary industries

Survivorship / Second-to-Die Life Insurance (FSAIABAE), Estate & Legacy Planning Advisory (FSAEAAAG)

Keywords

• Commercial insurance brokerage
• Independent insurance agency
• Employee benefits insurance
• Risk management solutions
• Personal insurance coverage

Headquarters

HQ city

Gainesville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commissions: Legacy Risk Solutions generates revenue through commissions from insurance carriers as a network of independent insurance agencies. Partner agencies write insurance policies across multiple carriers, earning commissions on premiums placed.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Legacy Risk Solutions is a network of independent, community-based insurance agencies providing a comprehensive suite of insurance and risk management solutions through seven specialized practice groups: Benefits & Health, Commercial Insurance, Real Estate Insurance, Transportation Insurance, Personal Insurance, High-Net-Worth & Specialty Assets, and Specialty Programs. Partner agencies write policies across multiple carriers, serving businesses, transportation operators, real estate investors, high-net-worth individuals, and families across the Southeast US.

Product overview

Legacy Risk Solutions is a network of independent insurance agencies providing a comprehensive suite of insurance and risk management solutions through seven specialized practice groups: Benefits & Health, Commercial Insurance, Real Estate Insurance, Transportation Insurance, Personal Insurance, High-Net-Worth & Specialty Assets, and Specialty Programs. With 60+ specialized solutions and nationwide carrier access, the organization enables its partner agencies to deliver tailored protection to businesses, investors, transportation operators, employees, families, and high-net-worth clients across the Southeast.

Differentiator

Problem solved

Functional benefit

Brands

• RealProtect: A real estate insurance venture founded by Bob Norton, Chairman of Legacy Risk Solutions.

Products and services

• Benefits & Health
• Commercial Insurance
• Real Estate Insurance
• Transportation Insurance
• Personal Insurance
• High-Net-Worth & Specialty Assets
• Specialty Programs

Quantifiable outcome

• Sixfold growth over five years
• +1 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature1 record

Partnerships

One partnership is on record.

• Bellamar InsurancecoreChannel Partner/ Reseller/ Distributor · 1 June 2026Bellamar Insurance is a new partner agency member of Legacy Risk Solutions, celebrating its grand opening in Gainesville, Georgia. The agency features a bilingual team focused on serving the local community with accessible, personalized, and culturally informed insurance guidance, particularly supporting the Hispanic community.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Brown & Brown: One of the largest US insurance brokerage networks, operating a decentralized model of independent agency partners. Directly comparable to Legacy Risk Solutions in structure (network of local agencies with collective carrier leverage) and commercial/personal lines focus.
• Acrisure: PE-backed, top-10 global insurance broker that has aggressively rolled up independent agencies. Comparable to Legacy in agency-network model and rapid M&A-driven scale, though far larger and more diversified geographically.
• World Insurance Associates: PE-backed insurance brokerage formed via roll-up of regional independent agencies. Closely comparable to Legacy in agency-network structure, multi-state Southeast/East footprint, and M&A-driven growth.
• Risk Strategies: National specialty insurance brokerage organized around practice groups and acquired local agencies. Comparable to Legacy in serving HNW, real estate, transportation, and commercial specialty segments through a hub-and-spoke agency model.
• Foundation Risk Partners: Fast-growing specialty insurance brokerage built through agency roll-ups across the Eastern US. Comparable to Legacy as a Top-50 independent agency network focused on commercial specialty and benefits practice groups.
• The Baldwin Group: Insurance advisory and risk management firm built through agency acquisitions and partnerships. Comparable to Legacy in multi-line brokerage with HNW, benefits, and commercial specialty exposure.
• Alera Group: National insurance, employee benefits, and wealth management firm formed from independent agency roll-ups. Directly comparable to Legacy's network model, benefits + commercial focus, and partnership-driven growth.
• Hub International: Large North American insurance brokerage built via roll-up of independent agencies. Closely comparable to Legacy's network-of-agencies model, multi-line product breadth, and M&A-driven growth strategy.

Broad incumbents

• Marsh McLennan Agency: Middle-market arm of global broker Marsh McLennan. Comparable as a broader-incumbent competitor in commercial insurance brokerage with multi-state Southeast presence and benefits capabilities.

Regional players

• Sterling Seacrest Pritchard: Southeast-focused independent insurance brokerage with commercial, personal, and benefits practices. Comparable to Legacy as a regional competitor in the same Southeast geography and agency-network model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/legacy-lrs-llc
• Facebookfacebook.com/legacyrisksolutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 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 Legacy Risk Solutions