Globe Insurance Agency

What Globe Insurance Agency does

Globe Insurance Agency Inc. is a privately held, independent insurance agency founded in 1926 and headquartered in Cincinnati, Ohio. The agency distributes personal, commercial, and industry-specific insurance products through licensed advisors at five physical office locations serving Ohio, Kentucky, Indiana, and Tennessee. Its personal lines span home, auto, condo, renters, umbrella, life, watercraft, classic car, flood, earthquake, pet, identity theft, and home cyber insurance; commercial lines include business owners policies, general liability, commercial property, business auto, commercial umbrella, workers' compensation, cyber liability, D&O, E&O, EPLI, liquor liability, and crime coverage. Industry-specific programs target contractors, restaurants, dealerships, churches, child care centers, technology firms, trucking companies, schools, medical offices, landscaping businesses, and manufacturers.

The agency operates on a commission-based revenue model, earning percentage-of-premium commissions from a broad panel of carrier partners including Progressive, Grange, Safeco, Liberty Mutual, Hiscox, American Modern, Auto Owners, Foremost, Openly, Bristol West, Commonwealth, Founders, Pekin, Trexis, and USLI. As an independent agency it does not bear underwriting risk; instead, customer acquisition is driven by licensed-advisor-led direct sales, phone (866-993-1128), email, website quote forms, a formal referral program, and a customer review solicitation process. Marketing also includes a "Clickable Coverage" interactive educational tool on the website and a dedicated Spanish-speaking agent with translated web content to reach the Hispanic consumer segment.

The company has 11-50 employees and is led by President and CEO Rob Wilkerson and Vice President Dave Brockman, supported by a team of eight named agents and managers. Ownership has remained within a family/business entity since founding, with no disclosed private equity, venture capital, or external investor involvement. The operating geography is limited to the U.S. Midwest and South, with no global footprint claims, and the agency is a member of the Trusted Choice independent agency association network.

Name

Globe Insurance Agency

Legal name

Globe Insurance Agency Inc.

Website

https://globeagency.com

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

11–50 employees

Short description

Globe Insurance Agency Inc. is a privately held, independent insurance agency founded in 1926, distributing personal, commercial, and industry-specific insurance products through licensed advisors across five offices in Ohio, Kentucky, Indiana, and Tennessee on a commission-based model.

Ownership category

akta.pro rank

Product category

Independent Insurance Agency (Personal, Commercial, and Industry-Specific Insurance Brokerage)

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Independent insurance agency
• Personal insurance coverage
• Commercial insurance coverage
• Insurance broker services
• Industry-specific insurance programs

Headquarters

HQ city

Cincinnati

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission Revenue: As an independent insurance agency, Globe Insurance Agency earns commissions from insurance carriers (Progressive, Grange, Safeco, and others) for policies sold and renewed. Commissions are typically a percentage of the premium paid by customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Globe Insurance Agency is an independent insurance agency that sells personal, business, and industry-specific insurance products on behalf of multiple insurance carriers including Progressive, Grange, and Safeco. The agency earns commissions from carriers by providing licensed advisory services, comparative quoting, and ongoing policy management to individuals, families, and small-to-medium businesses across Ohio, Kentucky, Indiana, and Tennessee.

Product overview

Globe Insurance Agency Inc. is an independent insurance agency offering a comprehensive portfolio of insurance products across personal, business, and industry-specific categories. The agency represents multiple insurance carriers including Progressive, Grange, Safeco, and others to provide competitive options. Personal insurance products include home, auto, condo, renters, umbrella, life, and specialty coverages like classic car, watercraft, and high net worth. Business insurance encompasses BOPs, general liability, commercial property, business auto, commercial umbrella, and professional liability lines. The agency also provides extensive industry-specific coverage through specialized programs for contractors, restaurants, dealerships, churches, child care centers, technology firms, healthcare, trucking, and numerous other sectors. The company operates five locations serving Ohio, Kentucky, Indiana, and Tennessee.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Insurance Protects the homeowner's house and personal belongings against risks like fire, theft, water damage, and natural disasters, with coverage for dwelling, personal property, liability, and additional living expenses. For individual consumers and families.
• Auto Insurance Coverage for vehicles against accidents, theft, and damage, including bodily injury liability, property damage, medical payments, uninsured/underinsured motorist, and physical damage. For individual consumers and families.
• Condo Insurance Covers personal belongings and liability for condo unit owners or renters, protecting against theft, fire, and damage while filling gaps in condo association coverage.
• Renters Insurance Covers personal property, liability, and additional living expenses for tenants renting homes or apartments, protecting against theft, fire, and covered perils.
• Umbrella Insurance Excess liability coverage that kicks in when primary auto or home policy limits are exhausted, offering additional financial protection for lawsuits and claims.
• High Net Worth Insurance Comprehensive insurance solution combining home, vehicle, travel, and life coverage tailored for individuals with significant assets and unique risk exposures.
• Individual Life Insurance Life insurance providing financial protection for families, covering funeral costs, mortgage payments, debt payoff, and income replacement for surviving dependents.
• Watercraft Insurance Insurance coverage for boats and watercraft protecting against damages, theft, and liability while on the water.
• Yacht Insurance Specialized coverage for yachts and larger watercraft with higher value and unique maritime exposures.
• Classic Car Insurance Specialized insurance for collector and classic vehicles requiring unique documentation and coverage to protect their significant value.
• Motorcycle Insurance Coverage for motorcycles protecting against accidents, theft, and liability while riding.
• RV Insurance Insurance coverage for recreational vehicles including motorhomes and travel trailers.
• Flood Insurance Coverage for flood damage to homes and contents, typically purchased separately through NFIP or servicing carriers.
• Earthquake Insurance Separate coverage for earthquake damage not included in standard homeowner's policies.
• Pet Insurance Coverage for veterinary expenses and pet-related incidents.
• Identity Theft Insurance Coverage for costs associated with identity theft including legal fees, lost wages, and recovery expenses.
• Home Cyber Insurance Protection against cyber threats including identity theft, malware, and hacking for personal digital assets.
• Business Owners Insurance (BOP) Business Owners Policy combining property and liability coverage for small to medium businesses, covering premises, equipment, and liability risks.
• General Liability Insurance Coverage for bodily injury, property damage, advertising injury, and medical payments to protect businesses against third-party claims.
• Commercial Property Insurance Protection for business premises, equipment, inventory, and physical assets against fire, theft, and covered perils.
• Business Auto Insurance Coverage for business-owned vehicles including higher liability limits, collision coverage, and protection for employee use of personal vehicles for business.
• Commercial Umbrella Insurance Excess liability coverage supplementing business policies, kicking in when primary limits are exceeded with coverage typically between $2 million and $10 million.
• Cyber Liability Insurance Coverage for unauthorized data access, viruses, computer theft, extortion, and data breach notification costs.
• Workers' Compensation Insurance
• Directors and Officers Liability Insurance Protection for company leadership against lawsuits alleging negligence in performing duties, covering legal defense costs and settlements.
• Employment Practice Liability Insurance Coverage against employment-related claims including discrimination, wrongful termination, sexual harassment, and failure to promote.
• Errors and Omissions Liability Insurance Professional liability coverage protecting businesses that provide advice, recommendations, or services against claims of errors or inadequate work.
• Liquor Liability Insurance
• Crime Insurance Coverage for employee dishonesty, forgery, theft, and disappearance of property.
• Builder's Risk Insurance Coverage for buildings under construction protecting materials and structure until completion.
• Contractor Insurance Comprehensive coverage for contractors including general liability, commercial property, equipment, workers' compensation, and business auto.
• Restaurant Insurance Specialized coverage for restaurants including liquor liability, food spoilage, general liability, and commercial property tailored to food service risks.
• Dealership Insurance Coverage for vehicle and equipment dealers including dealers E&O, garagekeepers liability, open lot coverage, and cyber liability.
• Church Insurance Coverage for houses of worship including stained glass, abuse liability, directors and officers, and religious freedom protection.
• Child Care Center Insurance Coverage for child care facilities including general liability, abuse/molestation, student accident, employment practices, and professional liability.
• Technology Firm Insurance Specialized coverage for technology companies including E&O, cyber liability, and intellectual property protection.
• Trucking Insurance Coverage for trucking companies including cargo liability, physical damage, and motor carrier coverage.
• School Insurance Coverage for educational institutions including liability, property, and specialized protections for students and staff.
• Medical Office Insurance Coverage for medical practices including professional liability, premises liability, and practice property.
• Landscaping Services Insurance Coverage for landscaping businesses including equipment, liability, and vehicle protection.
• Manufacturers Insurance Coverage for manufacturing operations including product liability, equipment breakdown, and business interruption.

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered core and minor.

• ProgressivecoreChannel Partner/ Reseller/ DistributorMajor national insurance carrier represented by Globe Insurance Agency. Provides auto, home, and other personal insurance products that the agency offers to customers.
• Grange InsurancecoreChannel Partner/ Reseller/ DistributorRegional insurance carrier specializing in personal and commercial insurance products. Grange is a key partner featured on the agency's website and association listings.
• SafecocoreChannel Partner/ Reseller/ DistributorNational insurance carrier offering personal insurance products including auto and home insurance, represented by Globe Insurance Agency.
• American ModernminorChannel Partner/ Reseller/ DistributorInsurance carrier shown on the Pay Bill page for bill payment services. Specializes in various insurance products.
• Auto Owners InsuranceminorChannel Partner/ Reseller/ DistributorRegional insurance carrier available through Globe Insurance Agency for bill payment and policy services.
• Foremost InsuranceminorChannel Partner/ Reseller/ DistributorInsurance carrier represented by Globe Insurance Agency, shown for bill payment services with online account management.
• Liberty MutualminorChannel Partner/ Reseller/ DistributorNational insurance carrier available through Globe Insurance Agency for various insurance products.
• HiscoxminorChannel Partner/ Reseller/ DistributorInsurance carrier available through Globe Insurance Agency for commercial and specialty insurance products.
• OpenlyminorChannel Partner/ Reseller/ DistributorInsurance carrier partner shown on bill payment page, offering various insurance products.
• Bristol WestminorChannel Partner/ Reseller/ DistributorInsurance carrier available through Globe Insurance Agency for auto insurance products.
• Commonwealth InsuranceminorChannel Partner/ Reseller/ DistributorInsurance carrier partner available through Globe Insurance Agency.
• Founders InsuranceminorChannel Partner/ Reseller/ DistributorInsurance carrier partner available through Globe Insurance Agency.
• Pekin InsuranceminorChannel Partner/ Reseller/ DistributorRegional insurance carrier available through Globe Insurance Agency.
• TrexisminorChannel Partner/ Reseller/ DistributorInsurance carrier partner available through Globe Insurance Agency.
• United States Liability InsuranceminorChannel Partner/ Reseller/ DistributorInsurance carrier specializing in liability products available through Globe Insurance Agency.
• Trusted ChoiceminorChannel Partner/ Reseller/ DistributorIndependent insurance agency association network that Globe Insurance Agency is affiliated with, providing access to resources and carrier relationships.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Celina Insurance Group: Celina Insurance Group is an Ohio-based mutual insurance carrier writing personal and commercial lines through independent agents in the Midwest. It operates in overlapping geographies with Globe and targets the same consumer and small business segments.
• Erie Insurance: Erie Insurance is a regional P&C carrier and one of the largest Mid-Atlantic/Midwest insurers, headquartered in Pennsylvania with strong Ohio, Kentucky, and Indiana presence. It operates through a captive/independent agent model, making it a direct regional competitor and an alternative distribution channel for the same customers Globe Insurance Agency serves.
• Motorists Insurance Group: Motorists Insurance Group is an Ohio-based regional carrier selling personal and commercial lines through independent agents across the Midwest. It operates in the same geographic footprint as Globe and serves a similar personal + small commercial customer base.
• The Cincinnati Insurance Companies: Cincinnati Financial is a regional P&C carrier headquartered in Fairfield, OH — Globe's own backyard — selling through independent agents across the Midwest. It competes for the same agents and policyholders in Ohio, Kentucky, and Indiana that Globe Insurance Agency serves via its carrier partners.

Broad incumbents

• Acrisure: Acrisure is a global insurance brokerage and financial services firm that has acquired and consolidated hundreds of independent agencies across the U.S. It represents the broader competitive and consolidator landscape that independent agencies like Globe either compete against or are eventually absorbed by.
• Marsh McLennan Agency: Marsh McLennan Agency is the middle-market arm of Marsh McLennan, operating regional offices across the U.S. as an independent agency and brokerage. It is comparable to Globe as a multi-state commercial and personal lines broker, but at far larger scale and with broader product offerings.

Direct peers

• Woodruff Sawyer: Woodruff Sawyer is a commercial insurance brokerage specializing in business insurance, risk management, and employee benefits for mid-market companies. It is directly comparable to Globe's commercial insurance and industry-specific verticals as a specialty broker.
• Higginbotham: Higginbotham is a Texas-based independent insurance and financial services firm with dozens of offices across multiple states, offering personal, commercial, and employee benefits products. It is a direct comparable to Globe as a multi-state independent agency, with a much larger footprint built through roll-up acquisitions.
• Heffernan Insurance Brokers: Heffernan Insurance Brokers is a large independent insurance brokerage offering personal, commercial, and employee benefits coverage across multiple states. It is a structurally similar peer to Globe — multi-carrier, multi-line, multi-state independent agency — albeit at significantly larger scale.
• Brown & Riding Insurance Services: Brown & Riding is a specialty insurance brokerage placing complex commercial and professional lines through retail agents and direct clients. It is comparable to Globe's specialty industry verticals (contractors, restaurants, churches) as a specialist broker operating in adjacent lines of business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/globeinsuranceagency

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 Globe Insurance Agency