BrokersNexus
BrokersNexus is a B2B white-label platform operated by Insubuy, LLC. that enables insurance agents, travel agents, visa/education consultants, tour operators, and entrepreneurs to sell international travel and medical insurance from multiple carriers through customized websites and the OmniSecure API.
- Company typePrivate
- Founded2000
- HeadquartersPlano, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What BrokersNexus does
BrokersNexus is a B2B white-label distribution platform that enables insurance agents, travel agents, tour operators, education consultants, visa and immigration consultants, and entrepreneurs to sell international travel and medical insurance through customized, white-labeled websites. The platform aggregates products from six insurance carriers—WorldTrips, IMG, Trawick International, Global Underwriters, Petersen International Underwriters, and Azimuth Risk Solutions—into a single marketplace with side-by-side plan comparison, instant quoting, and online purchase functionality. Supporting components include the BrokersNexus Dashboard (agent portal for sales and commission tracking), the MyAccount customer portal for policy management, and the OmniSecure REST API for sub-agents who want to embed multi-carrier quoting and purchasing directly into their own websites and applications.
The underlying technology is a cloud-based, white-label insurance marketplace with multi-carrier quoting, comparison, and purchase capabilities. The OmniSecure API is positioned as a Global Distribution System (GDS)-style integration layer that eliminates the need for partners to implement each carrier's API individually. Content and support are available in English, Spanish, and Mandarin Chinese, with additional sample languages covering Portuguese, Japanese, Korean, Arabic, Italian, and Russian. Partners receive fully hosted and maintained websites at no cost and earn commissions paid directly by the insurance carriers, often at higher rates than available through direct carrier contracting.
The business is operated by Insubuy, LLC., a privately-held Texas LLC founded in 2002 and headquartered in Plano, Texas. BrokersNexus generates revenue through affiliate/referral commissions on policies sold by partners via the platform; the platform itself is freemium for partners with no monthly fees, development costs, or sales quotas. The company has operated continuously for over two decades without disclosed external funding, M&A activity, or leadership changes, serving a globally distributed base of SMB and individual resellers rather than concentrated enterprise customers.
BrokersNexus firmographics
Firmographics- Name
- BrokersNexus
- Legal name
- Insubuy, LLC.
- Website
- https://brokersnexus.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BrokersNexus is a B2B white-label platform operated by Insubuy, LLC. that enables insurance agents, travel agents, visa/education consultants, tour operators, and entrepreneurs to sell international travel and medical insurance from multiple carriers through customized websites and the OmniSecure API.
- Ownership category
- akta.pro rank
BrokersNexus industry classification
Industry- Product category
- Insurance Distribution Platform
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurtech-Enabled Brokerage (Digital Brokers & Aggregators) (FSAEADAN)
- akta.pro secondary industry
- Retail (Personal Lines) Insurance Brokerage (FSAEADAA)
Keywords
Where BrokersNexus is headquartered
LocationHeadquarters
- HQ city
- Plano
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BrokersNexus business model
Business model- GTM type
- B2B
- Offering type
- Software
Revenue model
- Insurance Commissions: BrokersNexus earns commissions from insurance companies when partners sell insurance products. Partners receive full commissions directly from insurance companies, often at higher percentages than contracting directly with insurance companies. The platform itself is free for partners with no monthly fees or development costs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Partner Platform |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
BrokersNexus product offering
Product offeringCore offering
BrokersNexus is a B2B white-label platform that enables insurance agents, travel agents, visa consultants, education consultants, tour operators, and entrepreneurs to sell international travel and medical insurance through customized, branded partner websites. The platform aggregates multiple insurance carriers (including WorldTrips, IMG, and Trawick) and provides partners with their own customized website, dashboard, and integration API, with the platform offered free to partners and revenue generated through insurance commissions.
Product overview
BrokersNexus is a B2B white-label platform that enables insurance agents, travel agents, tour operators, education consultants, visa/immigration consultants, and entrepreneurs to sell international travel and medical insurance through customized, white-labeled websites. The platform comprises the BrokersNexus white-label website platform, the BrokersNexus Dashboard (agent portal for sales tracking and commission management), MyAccount (customer portal for policy management), and the OmniSecure API for sub-agents to integrate insurance products into their existing websites. Insurance products include Visitors to USA Insurance, International Health/Expatriate Insurance, J Visa Medical Insurance, International Student Insurance, Study Abroad Insurance, Schengen Visa Insurance, Travel Medical Insurance, Trip Cancellation Insurance, Group Travel Insurance, New Immigrant Insurance, Marine Crew Insurance, Missionary Insurance, Annual Multi-Trip Insurance, as well as specialty coverages including AD&D, Disability, Kidnap & Ransom, Evacuation & Repatriation, OPT, Fiancé Visa, and Temporary Workers Insurance. Partners receive full commissions directly from insurance companies with no cost for using the platform.
Differentiator
Problem solved
Functional benefit
Brands
- OmniSecure API: A REST-based Global Distribution System (GDS) API that allows sub-agents to integrate travel medical insurance products from various insurance companies into their existing websites for instant quotes and purchases.
- MyAccount
Products and services
- BrokersNexus White-Label Platform
Companies that use BrokersNexus
Customer profileSegments6 records
BrokersNexus technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature5 records
BrokersNexus partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- WorldTripscoreInsurance provider partner offering international travel insurance products through the BrokersNexus platform.
- IMG (International Medical Group)coreInsurance provider partner offering international medical insurance products through the BrokersNexus platform.
- Trawick InternationalcoreInsurance provider partner offering travel insurance products through the BrokersNexus platform.
- Global UnderwriterscoreInsurance provider partner offering travel insurance products through the BrokersNexus platform.
- Petersen International UnderwriterscoreInsurance provider partner offering specialty insurance products through the BrokersNexus platform.
- Azimuth Risk SolutionscoreInsurance provider partner offering risk solutions through the BrokersNexus platform.
- Insubuy, LLCcoreParent company and technology provider. Insubuy pioneered the international travel insurance market and developed the BrokersNexus platform. Powers the entire platform infrastructure, OmniSecure API, and provides operational support. The platform is powered by Insubuy, LLC.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
BrokersNexus competitors and assessment
Company assessmentDirect peers
- Insurify: Digital insurance comparison and aggregator platform enabling consumers to compare quotes from multiple carriers across personal lines. Direct competitor in insurtech-enabled insurance distribution with similar multi-carrier marketplace model.
- VisitorsCoverage: Direct competitor in international visitor and travel insurance, offering comparison and purchase of visitor medical insurance from multiple carriers - highly overlapping product offering and target customer (international visitors to the US).
- Squaremouth: Travel insurance comparison marketplace aggregating multiple carriers for trip cancellation, medical, and international coverage. Direct competitor in the travel insurance aggregation niche with similar carrier roster approach.
- TravelInsurance.com: Online travel insurance comparison platform offering quotes from multiple providers for international travelers. Direct competitor serving the same end-customer use cases (visitor, student, trip cancellation insurance).
Broad incumbents
- EverQuote: Public insurance marketplace operating in personal lines (auto, home, life) connecting consumers with carriers and agents. Broader incumbent in digital insurance distribution with substantially larger scale and marketing budget.
- InsureMyTrip: Established travel insurance comparison site aggregating dozens of carriers for trip cancellation, medical, and specialty travel coverage. Larger incumbent with broader carrier relationships in the same vertical.
- MediaAlpha: Public vertical marketplace platform for insurance carrier-consumer and agent-consumer transactions. Broader incumbent providing technology for insurance lead generation and distribution at scale.
Emerging players
- AARDY: Travel insurance aggregator and comparison platform targeting international travelers with multiple carrier options. Emerging player in the same niche with overlapping carrier partnerships and product lines.
- Bunker (CoverWallet successor): Commercial insurance platform offering API and white-label distribution for agents to sell commercial lines. Comparable white-label/API-first insurance distribution model targeting sub-agents and embedded partners.
Regional players
- SimplyInsured: Digital small business insurance brokerage with white-label-like distribution capabilities. Comparable insurtech brokerage business model, though focused on SMB health and commercial lines rather than travel.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
BrokersNexus social profiles
Digital presenceBrokersNexus financial estimates
Financial estimateRevenue estimate
Valuation estimate
BrokersNexus leadership team
Management profileNumber of profiles
BrokersNexus funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BrokersNexus 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 BrokersNexus
What does BrokersNexus do?
BrokersNexus is a B2B white-label platform that enables insurance agents, travel agents, visa consultants, education consultants, tour operators, and entrepreneurs to sell international travel and medical insurance through customized, branded partner websites. The platform aggregates multiple insurance carriers (including WorldTrips, IMG, and Trawick) and provides partners with their own customized website, dashboard, and integration API, with the platform offered free to partners and revenue generated through insurance commissions.
Is BrokersNexus a public or private company?
BrokersNexus is a private company. It is classified as corporate owned and is currently operating.
When was BrokersNexus founded?
BrokersNexus was founded in 2000. It employs 11 to 50 people.
Where is BrokersNexus based?
BrokersNexus is headquartered in Plano, United States, in the North America region.
How does BrokersNexus make money?
One revenue line is on record: insurance Commissions.
Who are BrokersNexus's main competitors?
Direct peers on record are Insurify, VisitorsCoverage, Squaremouth and TravelInsurance.com. Broad incumbents are EverQuote, InsureMyTrip and MediaAlpha. Emerging players are AARDY and Bunker (CoverWallet successor). SimplyInsured is listed as a regional player.
Does BrokersNexus have an API?
Yes. OmniSecure API is a REST-based Global Distribution System (GDS) API that allows sub-agents to integrate international travel medical insurance products from various insurance companies into their existing websites. The API enables instant quotes from multiple insurance products and carriers, allowing quotes and product details to be consumed and displayed in any manner desired. Once a customer chooses a product, another API call completes the purchase. It eliminates the need to implement each insurance company's API separately, as it provides a consistent API across multiple insurance products despite individual business rules per carrier. Developer documentation is at brokersnexus.com/omnisecure-api.
What industry is BrokersNexus in?
BrokersNexus's product category is Insurance Distribution Platform. Its primary akta.pro industry code is FSAEADAN, Insurtech-Enabled Brokerage (Digital Brokers & Aggregators), with a secondary code of FSAEADAA, Retail (Personal Lines) Insurance Brokerage. Its NAICS code is 52421 and its SIC code is 6411.