Alchemy Insurance Solutions LLC

What Alchemy Insurance Solutions LLC does

Alchemy Insurance Solutions LLC is a privately held Pennsylvania-domiciled Managing General Underwriter (MGU) headquartered in Lancaster, PA, with 11–50 employees and licensure to operate in all 50 US states, the District of Columbia, and Puerto Rico. Founded in 2014 (formerly Cornerstone Insurance Producers LLC, rebranded to Alchemy in 2025), the company underwrites and administers a portfolio of specialty insurance products targeted at underserved niche segments: Builder's Risk (with separate National, Coastal, and E&S programs addressing wind, hail, and wildfire exposure), Artisan General Liability (covering 40+ classes of trades including landscapers, electricians, carpenters, painters, and HVAC technicians), and Self-Storage under the SBOA Insurance Services sub-brand (including the registered SBOA Tenant Insurance trademark). Distribution is conducted exclusively through a network of appointed independent insurance producers who access the company's products via dedicated digital rate/quote/bind portals (Cogisi, Cypress, and Evari platforms), supported by an event-driven webinar channel for producer education.

The company's revenue model is multi-stream: it earns underwriting premium on bound policies as an MGU, wholesale brokerage commissions via its Wholesale Division (which connects retail agents to leading markets and carriers across multiple commercial lines), and program administration/incubator fees through its Program Incubator, which builds exclusive, sub-delegated insurance programs for SaaS platforms, franchise networks, and affinity aggregators. Operating entities include 'CIP Insurance Agency LLC' in California, Nebraska, and Texas, and 'Cornerstone Producers LLC' in Alabama, Mississippi, and New York. Recent operational moves include the 2025 corporate rebrand, the April 2025 partnership with Input 1 Payments for digital billing and premium finance, a planned Artisan Contractor class code expansion effective January 2026, and Self-Storage availability in Puerto Rico. The company is privately funded, with no disclosed external investment, M&A, or named end-customer logos in the available data.

Name

Alchemy Insurance Solutions LLC

Legal name

Alchemy Insurance Solutions LLC

Website

https://alchemyins.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Alchemy Insurance Solutions is a Lancaster, PA-based Managing General Underwriter offering niche insurance programs—Builder's Risk, Artisan General Liability, and Self-Storage—distributed through independent appointed producers via digital rate/quote/bind portals across all 50 US states, DC, and Puerto Rico.

Ownership category

akta.pro rank

Product category

Managing General Underwriter / Specialty Insurance Underwriting

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industries

Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB), Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)

Keywords

• Managing general underwriter
• Builder's risk insurance
• Artisan general liability
• Self-storage insurance
• Wholesale insurance brokerage

Headquarters

HQ city

Lancaster

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Underwriting Premiums: As an MGU, Alchemy underwrites insurance policies and earns premium revenue. The company develops exclusive insurance programs and assumes underwriting risk on bound policies.
2. Wholesale Brokerage Commissions: The Wholesale Division provides retail agents access to leading insurance markets and carriers, earning commission income on placed business.
3. Program Administration Fees: Program Incubator develops custom insurance programs for SaaS and affinity partners, generating fees for program administration and delegated authority services.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Alchemy Insurance Solutions LLC operates as a Managing General Underwriter (MGU) that develops and underwrites niche commercial insurance programs delivered exclusively through a network of appointed independent insurance producers. Core offerings include Builder's Risk (national and coastal programs), Artisan General Liability (40+ trade class codes), and Self-Storage insurance under the SBOA brand, supported by dedicated digital rate/quote/bind platforms. The firm also runs a Wholesale Division and a Program Incubator that builds custom exclusive insurance programs for SaaS and affinity partners.

Product overview

Alchemy Insurance Solutions is a Managing General Underwriter (MGU) offering a portfolio of niche insurance products through dedicated rate/quote/bind platforms. The core products include Builder's Risk Insurance (with National, Coastal, and E&S sub-programs), Artisan General Liability (covering 40+ contractor class codes), Self-Storage Insurance under the SBOA Insurance Services brand, Wholesale Division for market access, and Program Incubator for custom affinity programs. The company operates quote/bind platforms enabling agents to generate quotes in minutes, with products available across all 50 states and Washington DC.

Differentiator

Problem solved

Functional benefit

Brands

• SBOA Insurance Services: Self-storage insurance program brand administered by Alchemy Insurance Solutions LLC, offering tailored coverage for facility operators and tenants including the award-winning SBOA Tenant Insurance product.
• SBOA Tenant Insurance

Products and services

• Builder's Risk Insurance Insurance program safeguarding construction projects and materials on job sites across all 50 states, including coverage for high-level wind/hail and wildfire areas. Offered through three sub-programs: National (standard coverage), Coastal (specialized coverage up to the waterline for wind, wildfire, and hail exposure), and E&S (Excess and Surplus lines for non-standard risks). Underwritten through dedicated digital rate/quote/bind platforms and accessed via appointed independent insurance producers.
• Artisan General Liability Insurance Specialized general liability protection for 40+ classes of artisan contractors including landscapers, electricians, carpenters, painters, and HVAC technicians. Covers third-party bodily injury, property damage, and completed operations liability. Accessed via the Cypress platform producer portal with competitive minimum premiums and monthly installment options to support small and mid-sized contractors.
• SBOA Insurance Services (Self-Storage) Comprehensive self-storage insurance program administered under the SBOA Insurance Services brand, protecting facility operators and tenants through the award-winning SBOA Tenant Insurance product (registered trademark) and full-service commercial insurance solutions. Includes builders risk for developers and tenant belongings coverage at the point of rental.
• Wholesale Division Full-service wholesale broker providing retail agents access to leading insurance markets and carriers across multiple business lines including builder's risk, general liability, bonds, workers' comp, commercial auto, professional liability, pollution liability, and inland marine. Enables retail agencies to place diverse risks through a single wholesale relationship.
• Program Incubator Custom insurance program development service for large aggregators and franchise networks, offering proprietary program development, sub-delegated underwriting authority, and preferred revenue/commission structures. Builds exclusive insurance programs tailored to the partner's members or customers across SaaS, franchise, and affinity channels.

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Distinguished Programs: Program administrator/MGU offering specialty insurance products across multiple niches including construction and real-estate-related lines; comparable program-administration and producer-distribution model.
• K2 Insurance Services: Program administrator and MGU platform building niche specialty insurance programs across multiple verticals with delegated underwriting authority — closely mirrors Alchemy's multi-program MGU model.
• Velocity Risk Underwriters: MGU specializing in catastrophe-exposed coastal and wind/hail property risks including builder's risk; directly comparable to Alchemy's Builder's Risk Coastal program and similar producer-distribution model.
• SageSure: Specialty MGU focused on catastrophe-exposed personal and commercial property insurance; comparable to Alchemy as a delegated-authority program underwriter serving niche, hard-to-place risks through appointed producers.

Broad incumbents

• Amwins: Large specialty wholesale distributor and program administrator with significant builder's risk and contractor practices — comparable to Alchemy's Wholesale Division and Builder's Risk programs but at national scale.
• Burns & Wilcox: Large national wholesale insurance broker providing retail agents access to specialty markets — comparable to Alchemy's Wholesale Division arm but at materially greater scale and breadth.
• RPS (Risk Placement Services): Major wholesale broker and program administrator with specialty practice groups; competes with Alchemy for specialty placement and MGU program mandates across multiple verticals.

Emerging players

• Boost Insurance: Insurtech enabling SaaS platforms and affinity groups to embed insurance products; directly comparable to Alchemy's Program Incubator for SaaS and affinity partners.
• Leveritt Mutual / Leveritt: Emerging specialty MGU building delegated-authority programs for underserved niches; comparable to Alchemy's Program Incubator approach with affinity and SaaS-driven distribution.
• CoverWallet (an Aon company): Digital insurance distribution platform focused on small commercial and contractor lines including artisan GL; adjacent overlap with Alchemy's artisan contractor and SMB niche.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@AlchemyInsuranceSolutionsLLC
• Facebookfacebook.com/AlchemyInsuranceSolutions
• LinkedInlinkedin.com/company/alchemy-insurance-solutions-llc
• Instagraminstagram.com/alchemy_insurance_solutions

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 Alchemy Insurance Solutions LLC