Mentor Insurance

What Mentor Insurance does

McGowan Insurance Group operates as an independent insurance agency headquartered at 345 Massachusetts Avenue, Suite 250, Indianapolis, Indiana, with the firmographic record also listing a separate "Mentor Insurance" entity in Anderson, USA (founded 2017, 1–10 employees). The agency distributes a broad portfolio of insurance and risk services through relationships with multiple high-level insurance carriers, including a core partnership with Indiana Farmers Insurance, for which it was named the 2023 Indiana Farmers Agency of the Year.

Its product set spans Commercial Services, Bonds & Surety, Industry Specialties, Personal Insurance, Event Insurance (delivered via a dedicated totaleventinsurance.com platform), Agribusiness, Employee Benefits, Advisory Compliance Services, and Risk Management. Underlying technology is not specified in the source data; the offering is fundamentally advisory and brokerage-driven rather than software-driven, with no proprietary technology stack, APIs, or AI components disclosed.

Revenue is generated through commissions earned from placing and renewing policies with carrier partners, structured as recurring multi-year contracts. Go-to-market is sales-led: direct outreach, a 'Request a Quote' call-to-action on the website, phone engagement (317.464.5000), and in-person consultations at the Indianapolis office, supported by a top-of-funnel content/resource center. Customer segmentation is vertical, with business/enterprise as the primary segment and personal, event, agribusiness, and employer-side benefits as secondary segments.

Name

Mentor Insurance

Legal name

McGowan Insurance Group

Website

https://mentorins.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

McGowan Insurance Group is an independent insurance agency based in Indianapolis that places commercial, personal, event, agribusiness, and employee benefits coverage through multiple carrier partnerships on a commission basis.

Ownership category

akta.pro rank

Product category

Insurance Services

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Captive Insurance Advisory & Management (FSAEADAF)

Keywords

• Independent insurance agency
• Commercial insurance
• Personal insurance
• Risk management
• Employee benefits

Headquarters

HQ city

Anderson

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 Commissions: As an independent insurance agency, McGowan Insurance Group generates revenue through commissions from insurance carriers for placing and renewing policies. They work with multiple high-level insurance providers offering a vast range of products and services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Mentor Insurance (with content drawn from McGowan Insurance Group source data) is an independent insurance agency that delivers a broad portfolio of insurance products and risk management services. The firm places coverage through relationships with multiple high-level insurance carriers, offering commercial services, bonds and surety, industry-specific coverage, personal insurance, event insurance, agribusiness, and employee benefits, while providing advisory, compliance, and risk management support to businesses and individuals.

Product overview

McGowan Insurance Group operates as an independent insurance agency offering a comprehensive portfolio of insurance products and risk management services. The portfolio includes Commercial Services, Bonds & Surety, Industry Specialties, Personal Insurance, Event Insurance, Agribusiness, Employee Benefits, Advisory Compliance Services, and Risk Management. As an independent agency with established relationships with multiple insurance providers, McGowan can customize coverage programs to meet the specific needs of businesses and individuals.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Services Enterprise risk management and commercial insurance solutions for businesses, offering customized coverage programs tailored to specific business needs.
• Bonds & Surety Bond and surety products supporting business operations, including contract bonds, commercial bonds, and related surety solutions.
• Industry Specialties Specialized insurance coverage tailored to specific industries, leveraging expertise across multiple sectors.
• Personal Insurance Personal insurance products covering individuals and families for life, home, auto, and other personal asset protection needs.
• Event Insurance Specialized insurance coverage for events and organized gatherings, addressing event liability and cancellation exposures.
• Agribusiness Insurance Insurance solutions designed specifically for agricultural businesses and farming operations, including coverage for farms, livestock, crops, and related equipment.
• Employee Benefits Employee benefits programs including health insurance, retirement plans, and other workplace benefit solutions for employers.
• Advisory Compliance Services Compliance advisory services helping businesses navigate regulatory requirements and maintain legal compliance.
• Risk Management Risk management consulting services to identify, assess, and mitigate business risks through comprehensive strategies.

Segments5 records

Ideal customer profiles5 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.

• Indiana FarmerscoreOthersMcGowan Insurance Group represents Indiana Farmers Insurance as a partner agency. In 2023, McGowan was honored as the Indiana Farmers Agency of the Year, indicating a strong partnership relationship.

Recent moves5 records

Expansion highlights4 records

Emerging players

• Assurex Global: Network of independent insurance agencies collaborating to compete with national brokerages on larger commercial accounts. Comparable as a peer ecosystem for independent agencies seeking carrier access and peer benchmarking.

Direct peers

• Heffernan Insurance Brokers: Mid-market independent insurance brokerage providing commercial, personal, and employee benefits coverage. Comparable in independent agency structure, multi-line portfolio, and emphasis on advisor-driven service.
• The Hilb Group: Regional insurance brokerage built through acquisition of smaller agencies across the eastern US. Directly comparable in independent brokerage model and commercial/personal/benefits multi-line offering.
• Burns & Wilcox: Specialty insurance brokerage and underwriting manager distributing through independent agents. Comparable in distributing niche and specialty coverages (event, agribusiness, bonds) through an independent agency channel.
• RPS (Risk Placement Services): Specialty insurance placement firm serving independent agents with excess and surplus lines plus niche coverages. Comparable in placing specialty risks (event, agribusiness-adjacent) through wholesale relationships that smaller agencies leverage.
• Hailey Insurance Agency: Mid-sized independent insurance agency offering commercial, personal, and benefits coverage with multiple carrier relationships. Comparable in independent multi-line agency structure and advisor-led service model.
• Leavitt Group: Multi-state independent insurance agency offering commercial, personal, and benefits coverage with carrier-agnostic customization. Comparable in independent multi-line model and mid-market focus, though larger in scale.

Broad incumbents

• USI Insurance Services: Large national insurance brokerage with broad commercial, personal, and employee benefits practices. Comparable in multi-line independent brokerage positioning but operates at significantly greater scale across more geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Customer concentration

• Xx.com/MentorIns

Compliance1 record

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 Mentor Insurance