TRM Insurance

What TRM Insurance does

TRM Insurance is an independent insurance agency founded in 2004 and headquartered at 345 Frazier Ave, #207, Chattanooga, Tennessee. The company operates as a private, independently-owned brokerage earning commissions by placing personal, commercial, and specialty insurance policies with multiple trusted, highly-rated carrier partners. Its product portfolio spans personal lines (auto, homeowners, vacant home, motorcycle, umbrella), a broad array of SMB and industry-specific commercial coverages (manufacturing, contractors, microbrewery, daycare, equine, landscaping, farm, oil and gas, plumbers, poultry operations, and others), an extensive transportation and logistics vertical (commercial truck, fleet, flatbed, reefer, Amazon DSP, FedEx Ground, last-mile delivery, waste hauling), and employee benefits (group health, dental, vision, 401(k)) including a strategic NAWP partnership targeting 1099 contractors and freelancers. The firm has also added NIL Athlete Insurance and Sports Disability products, addressing the emerging college athlete compensation market.

The agency reaches customers through a direct-to-consumer GTM motion — website quote forms, phone consultations, and in-person meetings at the Chattanooga office — without resellers or intermediaries. Pricing is quote-based and personalized, with monthly billing, reflecting the commission-based revenue model. TRM serves clients throughout 25+ US states, extending well beyond its Tennessee base, with particular strength in transportation/logistics and SMB niches where specialized underwriting expertise and carrier relationships differentiate it from generic agencies. The firm employs 51–100 people and has built a reputation evidenced by Google Reviews citing specific agents (notably "Darren") and material cost-saving outcomes for clients, including documented wins of $25,000–$40,000+ per policy compared to prior carriers.

From a technology and operations standpoint, TRM is a traditional relationship-driven agency: there is no disclosed proprietary technology platform, no AI/ML capability, no API, no mobile application, and no patent or trademark portfolio. The competitive position rests on multi-carrier access, niche specialization (especially in transportation and gig economy segments), and agent expertise rather than technology differentiation. No funding rounds, M&A activity, regulatory actions, or leadership changes are disclosed, consistent with a bootstrapped, organically-grown independent agency.

Name

TRM Insurance

Legal name

TRM Insurance

Website

https://trminsurance.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

TRM Insurance is a Chattanooga, Tennessee-based independent insurance agency offering personal, commercial, transportation/logistics, and benefits insurance across 25+ US states via multi-carrier partnerships, serving individuals, SMBs, and gig economy contractors.

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

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

akta.pro secondary industries

Motor Truck Cargo (FSAJABAC), Non-Owned Auto Liability (Employee/Contractor Use) (TLABANAC), Hired & Non-Owned Auto (FSAJABAE), Personal Auto Insurance (FSAJAMAA)

Keywords

• Independent insurance agency
• Commercial truck insurance
• Business insurance coverage
• Personal lines insurance
• Employee benefits brokerage

Headquarters

HQ city

Chattanooga

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Insurance Commissions: TRM Insurance operates as an independent insurance agency earning commissions from multiple insurance carrier partners. They offer personalized coverage solutions across personal insurance (auto, homeowners, vacant home), business insurance (manufacturing, contractors, commercial property, daycare, equine, landscaping, microbrewery, movers, multi-family property, product liability), transportation insurance (commercial truck, fleet, FedEx, Amazon DSP, various trucking coverages), and employee benefits (health, dental, vision, 401k, NAWP benefits). Revenue is generated through commissions on insurance policies sold and serviced for carrier partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

TRM Insurance is an independent insurance agency that brokers personal, business, transportation, industry-specific, and employee benefits insurance policies from multiple trusted, highly rated carrier partners. The agency serves individual consumers, small and mid-size businesses, transportation and logistics operators, and independent contractors across 25+ US states, with deep specialization in commercial trucking and FedEx/Amazon DSP contractor coverage.

Product overview

TRM Insurance is an independent insurance agency based in Tennessee that offers a comprehensive portfolio of insurance products through multiple trusted carriers. The company provides personal insurance (auto, homeowners, vacant home), business insurance (commercial property, contractors, manufacturing, microbrewery, daycare, equine, landscaping, movers, multi-family property, product liability, revenue protection, traffic control), industry-specific coverage (chicken producers, concrete contractors, farm, oil and gas, plumbers, poultry operations), employee benefits (NAWP Benefits, group health, dental, vision, 401k), and specialized transportation insurance (commercial truck, semi-truck, fleet, flatbed, motor truck cargo, non-trucking liability, reefer, sand and gravel, waste hauler, Amazon DSP, FedEx Ground, last mile). The agency also offers NIL athlete insurance including sports disability coverage. TRM Insurance positions itself as a one-stop solution working with multiple carriers to provide customized coverage options across personal, business, and transportation sectors throughout Tennessee and the US.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Insurance Personal insurance coverage for individuals and families including auto, homeowners, vacant home, umbrella, motorcycle, and special event policies sourced through multiple carrier partners.
• Auto Insurance Vehicle insurance coverage for personal automobiles brokered from multiple carrier partners for individual consumers.
• Homeowners Insurance Coverage for residential properties against damage, liability, and related risks for individual homeowners.
• Vacant Home Insurance Specialized insurance coverage for unoccupied residential properties.
• Business Insurance Comprehensive commercial insurance solutions for small and mid-size businesses across multiple industry verticals, sourced through multiple carrier partners.
• Commercial Property Insurance Protection for business physical assets including buildings, equipment, inventory, and furniture against fire, theft, vandalism, and natural disasters.
• Contractors Insurance Insurance coverage tailored for contractors protecting against liability, property damage, and business risks.
• Manufacturing Insurance Coverage for manufacturing operations including equipment, liability, and business interruption.
• Commercial Truck Insurance Coverage for commercial trucks including liability, physical damage, cargo coverage, and specialized endorsements for trucking operators.
• Fleet Insurance Coverage for multiple vehicles managing fleet operations with liability, physical damage, and custom add-ons for commercial fleet operators.
• Amazon Delivery Service Partner Insurance Coverage for Amazon DSP operators including commercial auto, general liability, cargo protection, and workers compensation.
• FedEx Ground Transportation Insurance Coverage for FedEx Ground contractors and businesses handling shipments including liability and cargo insurance.
• Reefer Insurance Coverage for refrigerated trucks, trailers, and temperature-sensitive cargo including spoilage and mechanical breakdown.
• NAWP Benefits National Association of Workplace Programs benefits including health, dental, vision, life insurance, and disability coverage for independent contractors, freelancers, and 1099 workers.
• Group Health Insurance Health insurance plans for employer groups.
• 401(k) Retirement Plans Retirement savings plans for businesses and individuals.
• NIL Athlete Insurance Insurance coverage for college athletes earning Name, Image, and Likeness (NIL) compensation.
• Client Services Online services for policy changes and certificate of insurance requests for existing clients.

Quantifiable outcome

• Saved customer $25k in under 24 hours on business insurance
• +1 more outcomes

Named customers4 records

Segments4 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 Association of Workplace Programs (NAWP)coreStrategic or Co-development PartnerTRM Insurance has partnered with NAWP to provide a nationwide benefits package designed specifically for independent contractors, freelancers, and 1099 workers. This partnership enables TRM to offer group-rate health, dental, vision, life insurance, and other benefits typically unavailable to independent workers. The program leverages collective purchasing power to provide Fortune 500-style benefits to individuals who lack employer-sponsored coverage.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• World Insurance Associates: National independent insurance agency with aggressive roll-up strategy across personal, commercial, and transportation lines; comparable agency economics and acquisition-oriented growth playbook.
• Higginbotham: Large multi-line insurance brokerage serving commercial and personal clients across the southern US, including transportation and SMB — same independent-broker model but with significantly broader scale and product depth.
• AssuredPartners: Large national insurance brokerage with strong transportation, trucking, and SMB practices; overlapping carrier relationships and customer segments, but at significantly larger scale.

Emerging players

• CoverWallet: Digital-first commercial insurance brokerage targeting small businesses with instant quoting; competes with TRM's SMB and small-fleet customers through a tech-enabled, lower-fee model.
• Simply Business: Online small commercial insurance marketplace targeting contractors, truckers, and SMBs; competes with TRM for the same digitally savvy small commercial customers with a lower-cost distribution model.

Direct peers

• Foundation Insurance Group: Mid-sized independent commercial insurance agency serving transportation, contractors, and SMBs — directly comparable in size, geography (Southeast US), and vertical specialization.
• Brightway Insurance: Franchise-based independent insurance agency distributing personal and commercial policies through appointed agents across multiple states — comparable operating model, scale, and target customer base.
• Goosehead Insurance: Independent insurance agency operating with a multi-carrier comparison model across personal and commercial lines; directly comparable to TRM's core agency architecture and growth-via-agent approach.
• The Liberty Company Insurance Brokers: Independent commercial and personal insurance brokerage with multi-state reach and a focus on niche commercial verticals — directly comparable independent-agency structure and customer mix.

Regional players

• North American Van Lines / Allied Insurance Partners: Specialized insurance and moving-industry insurance programs for movers and owner-operators; overlaps with TRM's commercial truck and movers insurance product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/trminsurance_
• Facebookfacebook.com/TRMInsAgency
• LinkedInlinkedin.com/company/trminsurance

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 TRM Insurance