GIG Insurance Group
GIG Insurance Group is a privately held Fort Lauderdale-based specialty insurer, founded in 1989, that provides Directors & Officers, Crime Policy, and Workers' Compensation coverage exclusively to community associations through independent agents and brokers via its proprietary web-based Agent Portal.
- Company typePrivate
- Founded1989
- HeadquartersFort Lauderdale, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What GIG Insurance Group does
GIG Insurance Group, Inc. is a privately held specialty insurance company founded in 1989 and headquartered in Fort Lauderdale, Florida. The company underwrites Community Association Insurance Programs — specifically Directors & Officers (D&O) liability, Crime Policy, and Workers' Compensation coverage — for community associations including condominiums, homeowners associations, cooperatives, planned unit developments, property owners associations, and timeshare/interval associations. GIG does not sell directly to associations; instead, it distributes exclusively through appointed independent agents and brokers who complete a Producer Agreement onboarding process and gain access to the GIG Agent Portal, a proprietary web-based underwriting and policy servicing platform. The portal enables agents to quote, bind, and issue policies online in minutes, 24 hours a day, and also supports self-service loss-run requests and claim reporting. Workers' Compensation is underwritten by an AM Best A-VIII (Excellent) rated carrier and is available in all US states except NY, ND, OH, WA, and WY.
Revenue is generated through insurance premiums on D&O (minimum premiums of $675-$880 in most states), Crime (Employee Theft up to $1,000,000), and Workers' Compensation products, priced on a quote-based, annual billing cadence with risk-based premiums. The company carries the registered GIG® trademark, operates with a 1-10 employee headcount, and was recognized as a 2025-2026 World Branding Awards winner selected from over 1,092 nominations across 66 countries. GIG holds no external parent company, has not raised outside funding, and is led by Eric S. Gifford as President. The company is incorporated in the United States and operates a domestic-only footprint with regulatory licensing partnerships (e.g., NSM Insurance Services LLC, California License #0E63500) enabling product distribution in restricted jurisdictions.
GIG Insurance Group firmographics
Firmographics- Name
- GIG Insurance Group
- Legal name
- GIG Insurance Group, Inc.
- Website
- https://gigins.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- GIG Insurance Group is a privately held Fort Lauderdale-based specialty insurer, founded in 1989, that provides Directors & Officers, Crime Policy, and Workers' Compensation coverage exclusively to community associations through independent agents and brokers via its proprietary web-based Agent Portal.
- Ownership category
- akta.pro rank
GIG Insurance Group industry classification
Industry- Product category
- Community Association Insurance
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Carriers and Related Activities (524)
- SIC
- Insurance Agents, Brokers & Service (6411), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)
- akta.pro secondary industry
- Workers’ Compensation Insurance for Staffing/PEO & Contingent Workforce (FSAJAEAE)
Keywords
Where GIG Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Fort Lauderdale
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
GIG Insurance Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premiums - Community Association Insurance: GIG generates revenue through insurance premiums from Community Association Insurance products including Directors & Officers (D&O), Crime Policy, and Workers' Compensation coverage. Policies are sold through independent agents and brokers with premiums based on risk assessment and coverage limits selected.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | D&O Program - Minimum Premium $675 in most states |
| Subscription | Annual | D&O Program - Minimum Premium $880 in most states |
| Subscription | Annual | Crime Policy - Employee Theft up to $1,000,000 |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
GIG Insurance Group product offering
Product offeringCore offering
GIG Insurance Group underwrites and delivers niche Community Association Insurance Programs — including Directors & Officers (D&O) liability, Crime Policy, and Workers' Compensation coverage — to independent agents and brokers, who place these policies for community associations (condominiums, homeowners, cooperatives, planned unit developments, property owners, and timeshare/interval associations). Policies are quoted, bound, and issued online through GIG's proprietary web-based Agent Portal, with Workers' Compensation underwritten by an AM Best A-VIII rated carrier.
Product overview
GIG Insurance Group offers a unified Community Association Insurance Program platform that provides niche insurance products for community associations. The core portfolio consists of Directors & Officers (D&O) liability coverage, Crime Policy protection, and Worker's Compensation insurance, all accessible through a proprietary web-based online quoting system. The platform enables independent agents and brokers to quote, bind, and issue policies entirely online through the GIG Agent Portal, providing a streamlined workflow for placing community association business.
Differentiator
Problem solved
Functional benefit
Products and services
- Community Association Insurance Program A comprehensive insurance program providing web-based underwriting and policy servicing for independent agents and brokers to quote, bind, and issue policies for community associations (condominiums, HOAs, cooperatives, PUDs, property owners, and timeshare/interval associations).
- Directors & Officers (D&O) Program Directors and Officers liability coverage for community associations featuring first dollar defense, defense costs outside policy limits (separate limits up to $1,000,000), automatic property manager coverage, and breach of contract defense coverage. Minimum premium of $880 in most states (alternate form available with $675 minimum premium).
- Crime Policy
Quantifiable outcome
- Policies can be quoted, bound, and issued online in a matter of minutes
- +1 more outcomes
Companies that use GIG Insurance Group
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles2 records
GIG Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
GIG Insurance Group partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights3 records
GIG Insurance Group competitors and assessment
Company assessmentBroad incumbents
- Aon: Global professional services firm with a large insurance brokerage arm that places community-association and real-estate D&O programs. Overlaps with GIG at the high end of the association market where master policies and captive structures are common.
- Philadelphia Insurance Companies (PHLY): Large specialty carrier with a long-standing community-association practice offering D&O, property, crime, and umbrella products. Competes with GIG in the HOA/condo niche but as part of a much broader commercial portfolio.
- Marsh McLennan: Global insurance brokerage and risk-management firm with community-association and real-estate practices. Adjacent incumbent that captures larger commercial and master-policy association accounts GIG does not serve.
- Brown & Riding Insurance Services: Specialty wholesale broker and MGA platform with community-association and real-estate expertise. Comparable in its agent-facing distribution and specialty focus, but operates at significantly broader scale.
- American Family Insurance: Large national personal and commercial carrier with community-association and HOA offerings. Competes with GIG in the small-to-mid community-association segment but as a small piece of a multi-line book.
- AssuredPartners: Large national insurance brokerage that has built a community-association practice via acquisitions. Competes with GIG for agent mindshare and association accounts, but at significantly larger scale.
Direct peers
- Burnham & Flower Insurance Group: Specialty insurance provider and MGA serving community associations, municipalities, and public entities. Direct peer in the HOA/condo D&O and package space, with overlapping agent distribution.
- Community Association Underwriters (CAU): Specialty MGA exclusively focused on insurance for community associations, including D&O, crime, and umbrella coverage. Direct competitor to GIG in the same agent distribution channel.
- Trident Insurance Services: Program administrator focused on community-association insurance distributed through independent agents. Overlaps with GIG in D&O, crime, and property coverages for HOA/condo boards.
Emerging players
- AssureConnect: Insurtech platform focused on streamlining community-association insurance placement through technology. Closely comparable to GIG's portal-led, niche-specialist approach but with a more pure-play software orientation.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
GIG Insurance Group social profiles
Digital presenceGIG Insurance Group compliance and trust
Trust signalCompliance2 records
GIG Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
GIG Insurance Group leadership team
Management profileNumber of profiles
Profiles1 record
GIG Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GIG Insurance Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GIG Insurance Group
What does GIG Insurance Group do?
GIG Insurance Group underwrites and delivers niche Community Association Insurance Programs — including Directors & Officers (D&O) liability, Crime Policy, and Workers' Compensation coverage — to independent agents and brokers, who place these policies for community associations (condominiums, homeowners, cooperatives, planned unit developments, property owners, and timeshare/interval associations). Policies are quoted, bound, and issued online through GIG's proprietary web-based Agent Portal, with Workers' Compensation underwritten by an AM Best A-VIII rated carrier.
Is GIG Insurance Group a public or private company?
GIG Insurance Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was GIG Insurance Group founded?
GIG Insurance Group was founded in 1989. It employs 1 to 10 people.
Where is GIG Insurance Group based?
GIG Insurance Group is headquartered in Fort Lauderdale, United States, in the North America region.
How does GIG Insurance Group make money?
One revenue line is on record: insurance Premiums - Community Association Insurance.
Who are GIG Insurance Group's main competitors?
Broad incumbents on record are Aon, Philadelphia Insurance Companies (PHLY), Marsh McLennan, Brown & Riding Insurance Services, American Family Insurance and AssuredPartners. Direct peers are Burnham & Flower Insurance Group, Community Association Underwriters (CAU) and Trident Insurance Services. AssureConnect is listed as an emerging player.
Does GIG Insurance Group have an API?
No public API is recorded for GIG Insurance Group.
What industry is GIG Insurance Group in?
GIG Insurance Group's product category is Community Association Insurance. Its primary akta.pro industry code is FSAGAGAL, Embedded Insurance & Affinity Distribution Platforms, with a secondary code of FSAJAEAE, Workers’ Compensation Insurance for Staffing/PEO & Contingent Workforce. Its NAICS code is 5242 and its SIC code is 6411.