Davies and Associates

What Davies and Associates does

Davies and Associates is a family-run independent insurance agency founded in 1963 and headquartered in New Providence, New Jersey, with two New Jersey office locations and a staff of approximately 15 employees including four family members. The agency operates as a broker working on behalf of clients rather than carriers, holding active appointments with more than 17 insurance carriers — including Liberty Mutual, Nationwide, Travelers, The Hartford, CHUBB, Progressive, Philadelphia Insurance, and the National Flood Insurance Program — which enables it to quote-shop coverage across personal, commercial, and specialty lines.

The agency's product surface spans roughly 21 coverage types, organized across personal insurance (home, auto, life, umbrella, renters, landlords, flood, earthquake, ATV, boat, motorcycle, RV, classic car, roadside assistance), commercial insurance (business, workers compensation, commercial liability, commercial property, BOP, insurance bonds), and specialty insurance (event, travel). Operational technology is a standard insurance agency platform layered with a customer-facing website that provides individualized quote forms for each product, an online documents and policy-service hub, and supporting blog and news content. The company has no proprietary AI/ML or API layer disclosed.

Revenue is generated entirely through carrier commissions on policies sold and renewed, with no disclosed subscription, fee-for-service, or premium financing streams. The go-to-market is a sales-led direct model that combines phone-based and walk-in consultations at the New Providence office, self-service website quote capture, multilingual service (Spanish and Portuguese), and a formal Refer-a-Friend referral program. The agency serves approximately 7,000 personal and commercial clients nationwide, with a horizontal segmentation across individual/family and business/commercial customer segments, and offers free consultations and free quotes as its primary lead-generation mechanic.

Name

Davies and Associates

Legal name

Davies and Associates

Website

https://davies-assoc.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

1–10 employees

Short description

Davies and Associates is a family-owned independent insurance agency founded in 1963 in New Providence, NJ, representing 17+ insurance carriers and serving approximately 7,000 personal and commercial clients with personal, commercial, and specialty insurance products on a commission basis.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Captive Insurance Advisory & Management (FSAEADAF)

Keywords

• Independent insurance agency
• Personal insurance products
• Commercial insurance products
• Property casualty insurance
• Insurance carrier representation

Headquarters

HQ city

New Providence

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, Infrastructure

Revenue model

1. Insurance Commission Revenue: As an independent insurance agency representing over 17 insurance companies, Davies and Associates earns commissions from carriers for policies sold and renewed. Revenue is generated through commissions on insurance products across personal (home, auto, life) and commercial lines (business, workers comp, bonds).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Davies and Associates is an independent insurance brokerage that sells personal, commercial, and specialty insurance policies on behalf of more than 17 insurance carriers, including Liberty Mutual, Nationwide, Travelers, CHUBB, The Hartford, and Progressive. The agency earns commission revenue by matching clients to carrier products and providing free consultations, quotes, claims assistance, and policy reviews across home, auto, life, recreational, commercial liability, workers compensation, business owners package, and bond lines. Operations are conducted via phone, walk-in at the New Providence, NJ office, and the agency website's online quote forms.

Product overview

Davies and Associates is an independent insurance agency established in 1963, offering a comprehensive portfolio of personal, commercial, and specialty insurance products. The agency represents over 17 insurance carriers and serves approximately 7,000 business and personal clients. The core offerings span personal insurance (home, auto, life, umbrella, renters, landlords, ATV, boat, motorcycle, RV, classic car, flood, earthquake, and roadside assistance), commercial insurance (business, workers compensation, commercial liability, commercial property, BOP, insurance bonds), and specialty insurance (event and travel). As an independent agency, it operates as a broker working for clients rather than insurance companies, allowing it to shop coverage across carriers to find optimal price and protection combinations.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Insurance Property insurance covering private residences, including dwelling, personal property, loss of use, and personal liability protections, for homeowners.
• Auto Insurance Vehicle insurance providing financial protection against physical damage and bodily injury from traffic collisions, plus coverage for theft and other non-collision damage, for personal vehicle owners.
• Business Insurance Broad commercial coverage including general liability, commercial auto, property insurance, umbrella, professional liability, and business owner's packages for small and mid-sized business owners.
• Workers Compensation Insurance Insurance providing wage replacement and medical benefits to employees injured in the course of employment, for businesses with employees.
• Commercial Liability Insurance Insurance protecting business organizations against liability claims for bodily injury and property damage arising from premises, operations, products, and completed operations, for business clients.
• Commercial Property Insurance Coverage for risk of loss to buildings or personal property owned by an organization, including all-risk or specific perils protection, for business property owners.
• Life Insurance Insurance providing financial protection for loved ones, available in term, whole life, universal, and variable universal life variants, for individuals and families.
• Umbrella Insurance Liability coverage extending beyond specified other policies for losses not covered by primary policies, providing additional protection for motor vehicle accidents, slip and fall, and other liability situations, for individuals and families.
• ATV Insurance All-terrain vehicle insurance providing protection against physical damage and bodily injury from collisions, also covering snowmobiles, golf carts, and certain motorcycles, for recreational vehicle owners.
• Boat Insurance Coverage for boats and motorized water vehicles including fishing boats, pontoon boats, yachts, and jet skis, with liability, collision, and comprehensive protections, for watercraft owners.
• Motorcycle Insurance Financial protection against physical damage and bodily injury from motorcycle collisions, including accessory coverage, uninsured motorist, and roadside assistance, for motorcycle owners.
• RV Insurance Recreational vehicle coverage for motor homes, fifth wheel trailers, travel trailers, and truck campers with contents coverage and specialized RV owner protections.
• Classic Car Insurance Specialized auto insurance for antique, classic, and collector vehicles including modified vehicles, vintage motorcycles, and classic trucks.
• Flood Insurance Specific coverage against property loss from flooding, available through the National Flood Insurance Program and private insurers, for property owners.
• Earthquake Insurance Property insurance covering earthquake damage, typically excluded from standard home policies, with high deductibles and location-dependent rates, for property owners.
• Renters Insurance Insurance covering tenant's personal property against fire, theft, and vandalism, plus liability coverage, excluding dwelling structure, for renters.
• Landlords Insurance Coverage for property owners with rental properties, protecting building and optional landlord contents, covering perils like fire, theft, and liability.
• Event Insurance Coverage for legal liability arising from accidents during hosted events, protecting against facility damage, bodily injury, and alcohol-related incidents.
• Travel Insurance Insurance covering medical expenses, travel supplier financial default, trip cancellation, and other losses incurred while traveling domestically or internationally.
• Roadside Assistance Breakdown coverage services assisting motorists with mechanical failures including flat tire changes, battery jumps, fuel delivery, and locksmith services.
• Insurance Bonds Contract completion guarantees including bid bonds, payment bonds, performance bonds, and ancillary bonds for contractors.
• Business Owners Package (BOP) Insurance Combined insurance policy packaging property, liability, business interruption, and crime coverage at lower cost than individual policies, for small and mid-sized business owners.
• Free Insurance Consultation No-cost insurance advisory service available via telephone, face-to-face, or other methods, helping prospective clients understand coverage options and select appropriate policies.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

25 partnerships are on record, tiered minor and core.

• American ModernminorChannel Partner/ Reseller/ DistributorInsurance carrier providing specialty insurance products including manufactured home and specialty property coverage.
• AM TrustminorChannel Partner/ Reseller/ DistributorInsurance carrier specializing in small business insurance and specialty risk solutions.
• CHUBBcoreChannel Partner/ Reseller/ DistributorMajor global provider of commercial and personal property and casualty insurance, known for high-net-worth personal insurance and commercial lines.
• CumberlandminorChannel Partner/ Reseller/ DistributorRegional insurance carrier offering commercial and personal insurance products.
• Foremost InsuranceminorChannel Partner/ Reseller/ DistributorInsurance carrier specializing in specialty products for mobile homes, motorhomes, and specialty vehicles.
• Franklin Mutual InsuranceminorChannel Partner/ Reseller/ DistributorMutual insurance company providing property and casualty coverage, focused on mutual ownership structure.
• Liberty MutualcoreChannel Partner/ Reseller/ DistributorOne of the largest property and casualty insurers in the US, offering broad personal and commercial insurance products.
• Mercury InsuranceminorChannel Partner/ Reseller/ DistributorInsurance carrier known for competitive pricing on personal auto and home insurance.
• National General InsuranceminorChannel Partner/ Reseller/ DistributorInsurance provider offering personal lines products including auto, home, and recreational vehicles.
• National Flood Insurance ProgramcoreChannel Partner/ Reseller/ DistributorFederal government program administered through FEMA providing flood insurance to property owners in participating communities.
• Nationwide InsurancecoreChannel Partner/ Reseller/ DistributorMajor US insurance and financial services company offering personal and commercial insurance products.
• Penn NationalminorChannel Partner/ Reseller/ DistributorRegional property and casualty insurance company offering personal and commercial coverage.
• Philadelphia Insurance CompaniescoreChannel Partner/ Reseller/ DistributorSpecialty insurance provider focusing on niche markets including non-profit, healthcare, and social services organizations.
• ProgressivecoreChannel Partner/ Reseller/ DistributorOne of the largest auto insurers in the US, known for competitive pricing and Name Your Price tool.
• Plymouth RockminorChannel Partner/ Reseller/ DistributorRegional insurance carrier focused on auto and home insurance in the Northeast.
• StarminorChannel Partner/ Reseller/ DistributorInsurance carrier providing various property and casualty insurance products.
• StillwaterminorChannel Partner/ Reseller/ DistributorInsurance provider offering personal and commercial lines including home, auto, and business coverage.
• The HartfordcoreChannel Partner/ Reseller/ DistributorMajor commercial insurance provider known for small business and middle market coverage, including workers compensation and business insurance.
• Philadelphia ContributorshipminorChannel Partner/ Reseller/ DistributorRegional mutual insurance company serving Pennsylvania and surrounding states.
• Travelers InsurancecoreChannel Partner/ Reseller/ DistributorOne of the largest property and casualty insurers in the US, offering extensive commercial and personal lines products.
• United Fire Insurance GroupminorChannel Partner/ Reseller/ DistributorInsurance group providing commercial and personal property and casualty coverage.
• UPCminorChannel Partner/ Reseller/ DistributorInsurance carrier offering various property and casualty insurance products.
• Utica FirstminorChannel Partner/ Reseller/ DistributorRegional insurance company serving New York state with personal and commercial insurance products.
• Utica NationalminorChannel Partner/ Reseller/ DistributorInsurance group offering commercial lines, professional liability, and specialty insurance products.
• Universal Property and CasualtyminorChannel Partner/ Reseller/ DistributorInsurance carrier providing property insurance products, particularly in hurricane and storm-prone regions.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• HUB International: Large North American insurance brokerage representing multiple carriers with personal and commercial lines. Comparable to Davies and Associates as an independent agency model, but at vastly greater scale.
• The Hilb Group: Middle-market insurance and HR advisory firm operating across multiple states. Comparable independent-agency model with similar P&C and commercial product mix.
• Higginbotham: Texas-based independent insurance and financial services firm offering personal and commercial lines. Comparable independent-agency model with comparable carrier partnerships.
• Risk Placement Services (RPS): Wholesale insurance broker and binding authority serving retail agents. Relevant as a wholesaler that supports independent agencies like Davies and Associates.
• Acrisure: Tech-enabled insurance brokerage built through agency roll-ups. Comparable independent-agency model with significant focus on personal and commercial P&C distribution.
• USI Insurance Services: Large insurance brokerage serving middle-market and personal clients across multiple specialty areas. Operates a similar multi-carrier distribution model with comparable product breadth.
• AmWINS Group: Specialty wholesale insurance broker and underwriting manager. Comparable as a distribution partner supporting retail agents in placing specialty and standard P&C risks.
• Brown & Brown: National insurance brokerage and agency offering diverse P&C and specialty lines through multiple carrier partnerships. Comparable independent-agency business model with broader geographic reach.
• AssuredPartners: Large independent insurance brokerage focused on P&C, employee benefits, and surety. Shares the multi-carrier agency model with Davies and Associates but at a national scale.
• Marsh McLennal Agency: Middle-market arm of Marsh operating as a large independent agency network. Compares as a multi-carrier brokerage for personal and commercial lines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/davies_assoc
• Facebookfacebook.com/daviesandassociatesinsurance
• LinkedInlinkedin.com/company/davies-associates-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Davies and Associates