Mone Insurance Agency Inc.

What Mone Insurance Agency Inc. does

Mone Insurance Agency Inc. is a privately held, for-profit insurance brokerage incorporated in the United States and headquartered in Vineyard Haven, Massachusetts. Founded in 1996, the firm operates as a small, locally focused agency with a headcount of 1-10 employees and a single office location. Its service offering spans five core lines: auto insurance, property insurance, commercial insurance, health insurance, and life insurance, positioning it as a multi-line retail broker serving households and small businesses rather than a specialty or commercial-only intermediary.

The agency's business model is consistent with a traditional independent insurance agency: it likely earns commissions on policies placed with carrier partners across the personal and commercial lines it distributes, with revenue tied directly to policy count, premium volume, and carrier commission schedules. No proprietary technology, digital platform, or productized offering is disclosed in the available data; the company's website presence is a non-substantive loading/verification page, and the supplied source data contains no information on pricing models, carrier partnerships, technology stack, or technology integrations. No AI/ML capabilities, patents, certifications, or compliance disclosures are referenced.

The source material is unusually thin: there is no company history beyond the 1996 founding date, no management team information, no subsidiaries, no funding rounds, no M&A activity, no awards or recognition, no named customers, and no disclosed financials. As a result, the analytical picture is limited to the firm's identity as a long-standing, small-scale, multi-line local insurance brokerage with no observable technology differentiation, no disclosed growth signals, and no digital footprint beyond a placeholder web page.

Name

Mone Insurance Agency Inc.

Legal name

Mone Insurance Agency Inc.

Website

https://moneinsurance.com

Company type

Private

Founded year

1996

Headcount range

1–10 employees

Short description

Mone Insurance Agency Inc. is a privately held, small (1-10 employee) multi-line insurance brokerage based in Vineyard Haven, Massachusetts, founded in 1996, offering auto, property, commercial, health, and life insurance to local households and small businesses.

Ownership category

akta.pro rank

Product category

Insurance Agency Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Small Business BOP (Main Street) (FSAJAFAA)

Keywords

• Auto insurance agency
• Property insurance
• Commercial insurance
• Health insurance
• Life insurance

Headquarters

HQ city

Vineyard Haven

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Core offering

Mone Insurance Agency Inc. is an independent insurance agency that sells auto, property, commercial, health, and life insurance products to individual consumers and small businesses. Founded in 1996 and based in Vineyard Haven, Massachusetts, the agency operates with 1 to 10 employees and serves clients through its local office and company website.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance Personal and commercial auto insurance coverage placed through carrier partners for individual drivers and vehicle owners on Martha's Vineyard.
• Property Insurance Homeowners and property insurance coverage for residential and rental property owners in the Vineyard Haven area.
• Commercial Insurance Commercial insurance coverage for small businesses, including general liability, commercial property, and commercial auto, placed through carrier partners.
• Health Insurance Health insurance products placed through carrier partners for individuals and families needing medical coverage.
• Life Insurance Life insurance products placed through carrier partners for individuals seeking term or permanent life coverage.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Regional players

• Beacon Insurance Group: Regional independent insurance agency on the Massachusetts/South Shore coast. Comparable multi-line independent agency model serving local households and small businesses.
• Murphy Insurance Group: Multi-line independent insurance agency serving New England. Comparable to Mone Insurance as a small-to-mid independent agency distributing personal and commercial lines through carrier appointments.
• Cross Insurance: New England-based independent insurance agency offering personal, commercial, life, and employee benefits. Operates a multi-line independent agency model similar to Mone Insurance across comparable geography.
• Rogers & Gray Insurance: Massachusetts-based independent insurance agency offering personal, commercial, life, and benefits coverage. Directly comparable multi-line independent agency footprint and product mix.

Broad incumbents

• GEICO: Direct-to-consumer auto and property insurer bypassing the agent channel. Represents the structural competitive threat on commoditized personal lines that erodes small independent agencies.
• The Hanover Insurance Group: Regional P&C carrier with strong independent agent distribution. Relevant as a key carrier appointment counterpart for small independent agencies in the Northeast.
• Progressive: Major direct and agent-channel personal lines insurer with strong digital capabilities. Comparable product overlap on auto and homeowners lines where Mone competes.
• Brown & Brown Insurance: National insurance brokerage and agency holding company that aggregates small independent agencies. Relevant as both a competitor for larger commercial accounts and a strategic acquirer of community agencies.
• HUB International: Large North American insurance brokerage with extensive personal, commercial, and benefits offerings. Sets the competitive ceiling on carrier access and product breadth that small agencies like Mone must match or partner with.

Emerging players

• Lemonade: Insurtech using mobile-first, AI-driven distribution to disintermediate traditional agents in renters, homeowners, and pet lines. Represents the emerging digital channel risk to small local agencies.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Key highlights4 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 Mone Insurance Agency Inc.