American Equine Insurance

What American Equine Insurance does

American Equine Insurance Group (AEIG) is a private, specialty insurance operation headquartered in Elgin, Illinois, that underwrites coverage exclusively for equine-related exposures across the continental United States and Canada. The firm's core products include horse mortality coverage, farm and estate liability, and a suite of specialty add-ons such as medical/surgical, catastrophic medical, colic, stallion infertility, loss of use, and named perils — positioning it as one of the few US providers devoted solely to equine risk. Geographic underwriting is restricted in five US states (Alaska, Florida, Louisiana, Washington, and Hawaii), which the firm has carved out as outside its risk appetite.

The business operates on an MGA-style model: underwriting is supported by capacity from "A" rated insurance carriers, distribution flows exclusively through independent insurance brokers and agents, and claims handling is run in partnership with National Equine Adjusting, Inc. The firm cites more than 100 years of collective equine underwriting experience across its team, which is the central source of its specialized pricing and risk-selection capability in a niche line where generalist underwriters lack fluency.

Revenue mechanics are not disclosed but are consistent with a small specialty intermediary: commission and fee income from placed coverage plus possible override economics from carrier partners, with policyholder billing handled through the third-party InvoiceCloud platform. No proprietary technology platform, AI-driven underwriting models, or direct-to-consumer digital channels are disclosed. The company employs 11-50 people and has operated for roughly three decades, suggesting a stable, narrowly focused operator rather than a venture-backed growth vehicle.

Name

American Equine Insurance

Legal name

American Equine Insurance Group

Website

https://www.aeig.net

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Short description

American Equine Insurance Group is a private specialty insurer underwriting equine mortality, farm liability, and related coverages across the continental US and Canada, distributed exclusively through independent brokers with capacity from "A" rated carriers.

Ownership category

akta.pro rank

Product category

Equine Insurance

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)

Keywords

• Equine mortality insurance
• Equine liability insurance
• Horse farm coverage
• Equine commercial liability
• Ranch estate insurance

Headquarters

HQ city

Elgin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Equine Insurance Premiums: AEIG generates revenue through insurance premiums for equine mortality, liability, and ranch/estate coverage. Premiums are based on the horse's breed, age, and use. The company works with 'A' rated insurance carriers and serves as a managing general agent or wholesaler distributing equine insurance products through independent brokers.
2. Equine Mortality Insurance: Full mortality policies covering death as a result of injury, illness, or humane destruction, including theft. Coverage territory includes continental USA and Canada. Premiums based on horse's breed, age, and use.
3. Equine Liability Insurance: Personal and commercial equine liability policies protecting equestrian amateurs and professionals. Includes Equine Personal Liability, Equine Commercial General Liability, Race Horse Owner/Trainer CGL, Care Custody or Control, Equine Professional Liability, and Event/Club liability policies.
4. Equine Ranch & Estate Coverage: Property coverage for horse farms insuring dwellings, farm buildings including barns and arenas, and farm personal property including tack and equipment. Coverage can be combined with equine liability coverage.
5. Medical/Surgical and Cat Med Coverage: Optional coverages added to Full Mortality policies, providing veterinary expense reimbursement for accident, illness, or disease. Available at annual aggregate limits of $7,500, $10,000, or $15,000. Cat Med provides catastrophic accident and illness coverage for budget-conscious owners.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

AEIG underwrites and distributes equine-focused insurance products as a managing general agent, including equine mortality insurance, a suite of equine liability coverages (personal, commercial general liability, race horse, care/custody/control, professional, event, and clubs/associations), and ranch and estate property coverage for horse farms. All products are placed with 'A' rated insurance carriers and sold exclusively through a nationwide network of independent insurance brokers and agents.

Product overview

American Equine Insurance Group is the only insurance provider in the United States devoted exclusively to equine exposures. The company offers a comprehensive suite of equine insurance products through a network of independent insurance brokers and agents. The product portfolio includes three core areas: (1) Equine Mortality Insurance covering death, theft, colic surgery, and various loss-of-use scenarios; (2) Equine Liability Insurance including Personal Liability (EPL), Commercial General Liability (CGL), Race Horse CGL, Care/Custody/Control, Professional Liability, Event CGL, and Clubs/Associations coverage; and (3) Ranch & Estate Coverage for horse farms and equestrian properties. Additional medical and surgical coverage options can be added to mortality policies, including Catastrophic Accident and Illness (Cat Med) coverage.

Differentiator

Problem solved

Functional benefit

Products and services

• Equine Mortality Insurance Comprehensive mortality coverage for horses against death from injury, illness, or humane destruction, including theft, with optional add-on coverages such as medical/surgical, catastrophic accident and illness (Cat Med), colic surgery, stallion infertility, loss of use, named perils, and third party liability. Territory includes continental USA and Canada; premiums based on horse breed, age, and use.
• Equine Personal Liability (EPL)

Quantifiable outcome

• 100+ years of combined equine and insurance expertise
• +4 more outcomes

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.

• National Equine Adjusting, Inc.coreImplementation/ SI/ Consulting PartnerNational Equine Adjusting, Inc. provides claims adjustment services for AEIG policyholders. They offer 24/7 access to claims adjusters for equine mortality, liability, or property claims. Contact: 800-783-9418, [email protected], www.nationalequine.net. Adjusters are available around the clock to assist with claim reporting and resolution.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Markel Corporation: Markel operates a well-established equine specialty insurance practice offering mortality, liability, and farm/ranch coverage to equestrian professionals through independent agents, directly competing with AEIG in the equine niche.
• Great American Insurance Company: Great American operates an Equine Mortality Insurance program and equine liability products through its specialty division, directly competing with AEIG for horse owners and equestrian professionals.

Broad incumbents

• AIG: AIG's Private Client Group offers high-net-worth personal lines including equine coverage as part of a broader portfolio, competing at the affluent end of AEIG's market without specializing exclusively in equine exposures.
• Chubb: Chubb's Masterpiece policy includes equine and equestrian exposures for affluent households, providing overlapping capability within a broader personal lines offering rather than as a standalone equine product.
• Travelers: Travelers writes equine-related coverages as part of its broader commercial and specialty insurance portfolio, overlapping with AEIG's liability and mortality offerings without specializing in equine exposures.
• The Hartford: The Hartford offers equine and horse owner coverage within its small commercial and personal lines portfolio, overlapping with AEIG's liability products for farms and equestrian operations.
• Beazley: Beazley is a specialty insurer with a Lloyd's presence that writes equine and equine-related liability exposures as part of its broader specialty portfolio, competing for the same professional liability and mortality accounts.

Others

• Lloyd's of London: Lloyd's syndicates write specialty equine business including mortality, bloodstock, and high-value horse coverage, serving as both a competitor and a capital provider in the equine insurance market AEIG serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/american-equine-insurance-ltd

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 American Equine Insurance