Commercial Ventures

What Commercial Ventures does

Commercial Ventures, Inc. is an independent insurance agency and broker founded in 1984 and headquartered in Bloomingdale, Illinois. The firm operates as an intermediary between transportation-industry clients and multiple A-rated insurance carriers, earning commissions on placements rather than underwriting risk itself. Its product portfolio spans liability (Commercial General Liability, Primary Auto Liability, Excess Umbrella, Garage/Warehouse Liability, Aviation Liability, Non-Trucking Auto Liability, Workers Compensation), physical damage (Comprehensive/Collision, Trailer Interchange, Non-Owned Auto), and property (Commercial Buildings/Warehouses, Cargo). Target customers include common carriers, contract carriers, freight forwarders, and individual owner-operators, with a claimed 10,000+ client base and primary service area across Illinois.

The business is relationship-led and consultative, with go-to-market anchored on phone consultation (630-523-5413) and an online quote request form. No proprietary technology, integrations, or AI/ML capabilities are disclosed; the website serves primarily as a marketing and lead-capture surface. The operating model is built on independent agency status, allowing the firm to shop across carrier markets for competitive coverage and pricing rather than being captive to a single insurer. The firm emphasizes regulatory navigation (State and Federal), risk management consultation, and tailored coverage design for trucking operations of varying sizes.

Commercial Ventures reports 1-10 employees, suggesting a small, owner-operated brokerage with no disclosed institutional backing, parent company, or funding history. Revenue, premium volume, and active client retention rates are not publicly disclosed. Geographic reach is primarily Illinois/Midwest, with broader U.S. claims that are not substantiated by offices or staff outside Bloomingdale. The lack of digital infrastructure, product expansion signals, and headcount growth indicates a stable, mature operating posture rather than a scaling-stage business.

Name

Commercial Ventures

Legal name

Commercial Ventures, Inc.

Website

https://commercialventuresinc.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1–10 employees

Short description

Commercial Ventures, Inc. is an independent insurance brokerage in Bloomingdale, Illinois, founded in 1984 that places transportation-industry coverage (auto liability, cargo, workers comp, property) through multiple A-rated carriers for common carriers, contract carriers, freight forwarders, and owner-operators.

Ownership category

akta.pro rank

Product category

Commercial Transportation Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Commercial Lines Insurance Brokerage (FSAEADAB)

akta.pro secondary industry

Commercial Auto & Fleet Liability Insurance (Primary) (TLABANAA)

Keywords

• Transportation insurance brokerage
• Commercial trucking insurance
• Cargo and fleet coverage
• Workers compensation insurance
• Auto liability insurance

Headquarters

HQ city

Bloomingdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Commission Revenue: The company operates as an independent insurance agency/broker earning commissions from insurance carriers for placing business. They represent multiple 'A' rated insurance companies and search across markets to find the best coverage at lowest pricing for their insureds.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Commercial Ventures, Inc. is an independent insurance agency and broker that places commercial insurance coverage for the transportation industry. Working as an agent for multiple "A" rated insurance carriers, the firm searches across markets to deliver tailored liability, physical damage, property, cargo, and workers compensation insurance programs to common carriers, contract carriers, freight forwarders, and owner operators across Illinois.

Product overview

Commercial Ventures is an independent insurance agency offering a unified platform of risk management solutions for the transportation industry. The portfolio includes core liability products (Commercial General Liability, Primary Auto Liability, Excess Umbrella Liability, Garage/Warehouse Liability, Aviation Liability, Non-Trucking Auto Liability, Workers Compensation) combined with physical damage coverage (Comprehensive and Collision Specify Perils, Trailer Interchange, Non Owned Auto) and property coverage (Commercial Buildings, Warehouses, Cargo). These products work together as an integrated insurance program designed for common carriers, contract carriers, freight forwarders, and single owner operators, with coverage customized to meet State and Federal regulations.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial General Liability CGL policy providing premises and operations liability coverage for commercial enterprises in the transportation industry.
• Primary Auto Liability Insurance against legal liability for damages arising from ownership, maintenance, or operation of motor vehicles, indemnifying other party's expenses. Targets trucking companies and owner operators.
• Excess Umbrella Liability Business umbrella insurance providing additional coverage when settlements or judgments exceed primary policy limits, protecting against out-of-pocket expenses.
• Garage/Warehouse Liability Liability coverage for warehouse keepers who have a duty to take care of stored goods and return them within contract terms.
• Aviation Liability Coverage for insured's negligent acts and/or omissions resulting in losses connected with aircraft use, ownership, or maintenance, including bodily injury and property damage to passengers and non-passengers.
• Non-Trucking Auto Liability (Bob-tail) Protection for owner operators from liability claims in case of accident when the vehicle is not used for business purposes.
• Workers Compensation Coverage for employee work-related injuries and illnesses for transportation industry employers.
• Comprehensive and Collision Specify Perils Physical damage coverage including comprehensive (theft, vandalism, flood, fire), specified perils (fire, theft, CAC), and collision coverage for vehicle damages.
• Trailer Interchange Third-party liability coverage for common carriers transferring trailers containing shipments to other truckers during transport to destination or point of interchange.
• Non Owned Auto Coverage structured by insurance carrier for non-owned trailers while attached to covered power units, including maximum physical damage coverage amounts.
• Cargo Coverage Motor truck cargo coverage protecting truckers responsible for freight as soon as it enters their possession, providing coverage for damaged or lost freight in transit.
• Commercial Buildings, Warehouses Property ISO commercial property insurance covering buildings and personal property, including building and personal property coverage form (CP 00 10) and business income coverage.

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

One partnership is on record.

• A-Rated Insurance CompaniescoreOthers · 1 January 1984Commercial Ventures represents multiple 'A' rated insurance companies to provide clients with the best possible coverage at the lowest available pricing. As an independent organization not committed to a single insurance company, they search insurance markets for new available programs to customize coverage for transportation industry clients including common carriers, contract carriers, and freight forwarders.

Scale indicators3 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Hylant Group: Large independent commercial insurance broker serving mid-market and enterprise clients across the U.S., including transportation and logistics accounts. Broader portfolio than Commercial Ventures but overlapping in commercial auto and fleet placement.
• Acrisure: One of the largest U.S. insurance brokerages with a tech-enabled platform and a meaningful commercial transportation book. Represents both an incumbent competitor and a likely acquirer of niche transportation agencies.
• Burns & Wilcox: National wholesale brokerage and managing general agency with specialty transportation expertise including commercial auto and cargo. Comparable product set but operates in the wholesale layer.
• Marsh McLennan: Global insurance brokerage and risk advisor with a dedicated transportation practice serving large motor carriers, freight forwarders, and logistics firms. Far larger scale but competes for the same transportation insurance dollar.

Direct peers

• Brown & Riding Insurance Services: Specialty wholesale broker with a dedicated transportation practice handling commercial auto, cargo, and excess liability for trucking accounts. Comparable niche specialization and multi-carrier placement model.
• TrueNorth Companies: Mid-market insurance brokerage with a dedicated transportation/trucking practice serving motor carriers and owner operators. Most directly comparable peer given shared transportation specialization and independent broker model.
• Heffernan Insurance Brokers: Mid-market independent commercial insurance broker with transportation and fleet clients across multiple U.S. regions. Comparable independent broker structure with transportation exposure.
• RPS (Risk Placement Services): Wholesale brokerage and managing general agency with a strong transportation specialty practice serving retail agents and trucking clients. Comparable in transportation focus but operates at much larger scale.

Emerging players

• CoverWallet (an Aon company): Digital-first commercial insurance platform targeting SMBs including trucking and logistics accounts with online quoting and binding. Comparable target customer segment (small motor carriers/owner operators) but disrupts via technology rather than relationship.
• NEXT Insurance: Digital commercial insurance carrier offering online-bound workers' comp, general liability, and commercial auto to small businesses including trucking. Adjacent competitor for the same SMB transportation buyer with a fully self-serve digital experience.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

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 Commercial Ventures