Clyde Paul Insurance Agency

What Clyde Paul Insurance Agency does

Clyde Paul Insurance Agency is an independent insurance agency headquartered in Summit, New Jersey, operating under generational family ownership for over 60 years. The agency distributes personal, commercial, public-entity, and high-net-worth insurance products through appointments with more than 20 'A'-rated insurance carriers, including Chubb, Hartford, Travelers, Progressive, and Cincinnati Insurance. Its product portfolio spans standard personal lines (homeowners, auto, renters, condo, flood, umbrella), small-to-medium business coverage (general liability, commercial auto, workers compensation, commercial umbrella), public-entity and educational-institution coverage (municipal liability, school board legal liability, catastrophic accident, pollution liability), and high-net-worth lines (high-value homeowners, antique and high-value auto, yacht, valuable articles, personal cyber, and kidnap/ransom/extortion). The agency does not operate proprietary technology platforms; back-office operations rely on paperless workflows using a standard agency management system referred to as "prime software."

The agency generates revenue exclusively through commissions paid by its carrier partners on policies sold and renewed, with no client fees for advisory services. Pricing is quote-based and not publicly disclosed, varying by carrier, coverage type, deductible, and individual risk profile. Its go-to-market is relationship-led: clients engage through in-person or virtual consultations by appointment, supplemented by inbound quote requests via the company website, an active SEO content marketing program, and organic social media engagement on LinkedIn, Facebook, and Instagram. The agency serves clients primarily in New Jersey and New York across four segments: individual/family consumers, small-to-medium business owners, public entities and educational institutions, and high-net-worth individuals. Long-tenured client relationships, consistent point-of-contact service, and multi-carrier optionality are the core operational differentiators.

Name

Clyde Paul Insurance Agency

Legal name

Clyde Paul Insurance Agency

Website

https://clydepaul.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

11–50 employees

Short description

Clyde Paul Insurance Agency is a 60+ year independent insurance agency in Summit, NJ, distributing personal, commercial, public-entity, and high-net-worth insurance through 20+ carrier partners including Chubb, Hartford, Travelers, and Progressive.

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

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

akta.pro secondary industries

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

Keywords

• Independent insurance agency
• Personal insurance
• Commercial insurance
• Public entity insurance
• High net worth insurance

Headquarters

HQ city

Summit

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission Revenue: Clyde Paul Insurance Agency generates revenue through commissions paid by insurance carriers for policies sold and renewed. As an independent agency representing over 20 carrier partners, they earn commission-based compensation on personal insurance products (homeowners, auto, renters, condo, umbrella), commercial insurance products (business liability, workers comp, commercial auto), public entity insurance, and high net worth insurance products. The agency does not charge clients fees for their advisory services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Clyde Paul Insurance Agency is an independent insurance brokerage that sells customized personal, commercial, public entity, and high net worth insurance products sourced from more than 20 carrier partners. The firm advises individuals, families, small-to-medium businesses, school districts, municipalities, and affluent clients on coverage selection, comparing carriers to obtain competitive pricing and appropriate risk protection.

Product overview

Clyde Paul Insurance Agency is an independent insurance agency offering a comprehensive portfolio of insurance products across three main categories: Personal Insurance, Business/Commercial Insurance, and Public Entity Insurance, plus specialized High Net Worth coverage. The agency works with over 20 carrier partners to provide customized insurance solutions. Personal lines include Homeowners, Auto, Renters, Flood, Umbrella, Personal Articles/Inland Marine, and Condo insurance. High Net Worth offerings encompass Antique Automobile, High-Value Automobile, Valuable Articles, Yacht, Personal Cyber, Kidnap/Ransom/Extortion, and Workers Compensation for Domestic Employees. Public Entity products cover Municipal Liability, General Liability, Workers Compensation, Catastrophic Accident, Pollution Liability, School Bus, Cyber, School Board Legal Liability, and Voluntary Accident insurance. The agency's core value proposition is personalized service combined with access to multiple carriers to find optimal coverage solutions.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 60 years in business as a generational-owned independent agency
• +1 more outcomes

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

27 partnerships are on record, tiered minor and core.

• American CollectorsminorChannel Partner/ Reseller/ DistributorInsurance carrier partner offering specialty coverage for collector vehicles. Policyholders can access payment and claims services through carrier portal.
• Amtrust/WescominorChannel Partner/ Reseller/ DistributorInsurance carrier partner providing commercial insurance solutions. Offers payment, claims, and policy management through carrier website.
• AndoverminorChannel Partner/ Reseller/ DistributorInsurance carrier partner for property and casualty coverage. Provides claims processing and customer login services.
• Axis InsuranceminorChannel Partner/ Reseller/ DistributorInsurance carrier partner. Policyholders can access billing and claims services through carrier portal.
• ChubbcoreChannel Partner/ Reseller/ DistributorPremier 'A' rated insurance carrier partner offering personal and commercial insurance products. Known for high-net-worth and specialty coverage options. Full claims, billing, and policy services available.
• Cincinnati InsurancecoreChannel Partner/ Reseller/ DistributorEstablished insurance carrier partner offering personal and commercial lines coverage. Provides online claims and payment services.
• CountrywayminorChannel Partner/ Reseller/ DistributorInsurance carrier partner offering property and casualty coverage. Policyholders can access billing and claims services.
• CumberlandminorChannel Partner/ Reseller/ DistributorInsurance carrier partner providing personal and commercial lines coverage with online payment and claims services.
• Farmers of FlemingtonminorChannel Partner/ Reseller/ DistributorRegional insurance carrier partner offering personal insurance products with claims center and billing services.
• Farmers of SalemminorChannel Partner/ Reseller/ DistributorRegional insurance carrier partner offering personal insurance products with claims and payment portals.
• FMIminorChannel Partner/ Reseller/ DistributorInsurance carrier partner providing specialty coverage options.
• Foremost StarminorChannel Partner/ Reseller/ DistributorInsurance carrier partner specializing in specialty products including manufactured housing and recreational vehicles.
• HartfordcoreChannel Partner/ Reseller/ DistributorMajor national insurance carrier partner offering personal and commercial insurance products. Full range of claims, billing, and policy management services.
• Narragansett BayminorChannel Partner/ Reseller/ DistributorInsurance carrier partner offering personal insurance products with online claims and payment services.
• National GeneralminorChannel Partner/ Reseller/ DistributorInsurance carrier partner offering personal insurance products. Multiple contact numbers provided for claims and billing inquiries.
• Norfolk & DedhamminorChannel Partner/ Reseller/ DistributorRegional insurance carrier partner offering personal and commercial coverage with online payment options.
• Penn NationalminorChannel Partner/ Reseller/ DistributorInsurance carrier partner offering personal and commercial insurance products with online claims and payment portals.
• PersonalUmbrella.comminorChannel Partner/ Reseller/ DistributorSpecialty carrier partner focused on personal umbrella and excess liability coverage.
• Philadelphia ContributionshipminorChannel Partner/ Reseller/ DistributorEstablished insurance carrier partner offering personal and commercial coverage with comprehensive billing and claims services.
• Plymouth RockminorChannel Partner/ Reseller/ DistributorInsurance carrier partner offering auto and personal insurance products with multiple claims and billing contact options.
• ProgressivecoreChannel Partner/ Reseller/ DistributorMajor national insurance carrier partner well-known for auto insurance. Full policy management, claims, and payment services available online.
• SelectivecoreChannel Partner/ Reseller/ DistributorInsurance carrier partner offering commercial and personal lines coverage including flood insurance. Multiple contact options for billing and claims.
• ShoreOneminorChannel Partner/ Reseller/ DistributorInsurance carrier partner offering personal insurance products with online policy management services.
• StillwaterminorChannel Partner/ Reseller/ DistributorInsurance carrier partner offering personal insurance products with self-service billing and claims options.
• TravelerscoreChannel Partner/ Reseller/ DistributorMajor 'A' rated insurance carrier partner offering comprehensive personal and commercial coverage. Full range of claims, billing, and policy services.
• Utica National Insurance GroupminorChannel Partner/ Reseller/ DistributorInsurance carrier partner offering commercial and specialty insurance products with dedicated claims services.
• Wright National FloodminorChannel Partner/ Reseller/ DistributorSpecialty carrier partner focused on flood insurance coverage. Provides policy management and claims services.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Others

• Chubb: Premier 'A' rated carrier serving as a core partner for Clyde Paul's HNW and specialty offerings. Relevant as a distribution-side counterpart shaping the agency's product positioning in the affluent segment.
• Cincinnati Financial / Cincinnati Insurance: One of Clyde Paul's core carrier partners, providing personal and commercial lines through independent agents. Useful as a counterparty reference for evaluating Clyde Paul's product access and commission economics.

Direct peers

• IMA Financial Group: Independent full-service insurance brokerage providing commercial, personal, and specialty coverage. Directly comparable as a privately held multi-line independent broker with carrier appointments.
• Hilb Group: Mid-market insurance brokerage that has grown largely through acquiring independent agencies on the East Coast. Operates the same carrier-representative model and frequently pursues agencies of Clyde Paul's profile.
• Hylant Group: Privately held independent insurance brokerage serving commercial and personal lines clients across multiple states. Comparable as a mid-sized independent agency with deep carrier relationships and specialty practice areas.
• Leavitt Group: Network of independent insurance agencies across the U.S. providing personal, commercial, and benefits brokerage. Operates on the same multi-carrier independent agency model as Clyde Paul with comparable customer segments.
• Insurance Office of America (IOA): Large privately held independent insurance agency offering personal, commercial, and specialty lines through multiple carrier partners. Closely comparable business model to Clyde Paul's multi-carrier independent agency structure, just at a much larger scale.

Broad incumbents

• USI Insurance Services: Large U.S. insurance brokerage serving middle-market commercial and personal clients. Competes with Clyde Paul in the Northeast for the same SMB and affluent personal lines customers, but at a much larger scale.
• Brown & Brown, Inc. One of the largest U.S. insurance brokerages, built largely through acquiring independent agencies. Overlaps with Clyde Paul in personal and commercial lines but operates nationally at vastly greater scale.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with significant retail brokerage and HNW practices. Comparable offerings in personal, commercial, and specialty lines but operates as a much larger incumbent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ClydePaulAgency
• LinkedInlinkedin.com/company/clydepaul
• Instagraminstagram.com/clydepaulagency

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 Clyde Paul Insurance Agency