Capstone Underwriters, Inc.
- Company typePrivate
- Founded1991
- HeadquartersDallas, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Capstone Underwriters, Inc. firmographics
Firmographics- Name
- Capstone Underwriters, Inc.
- Legal name
- Capstone Underwriters, LLC
- Website
- https://capstoneunderwriters.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Capstone Underwriters, Inc. industry classification
Industry- Product category
- Wholesale Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industry
- Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)
Keywords
Where Capstone Underwriters, Inc. is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Capstone Underwriters, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Agent Commissions - USLI: Capstone pays 15% commission to agents who quote and bind new business through the USLI online platform.
- Agent Commissions - Hiscox NOW: Capstone pays 13% commission to agents who quote and bind new business through the Hiscox NOW online platform.
- Premium Finance Partnership - Bellet & West: Partnership with Bellet & West Premium Finance enables agents to set up premium finance notes for insureds, generating referral or partnership revenue for Capstone.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Capstone Underwriters, Inc. product offering
Product offeringCore offering
Capstone Underwriters operates as a Managing General Agency (MGA) and Wholesale Broker that places commercial and specialty insurance risks on behalf of appointed retail agents. It underwrites and binds coverage across eight product lines (Packages, Monoline Casualty, Monoline Property, Inland Marine, Professional Liability, Garage, Umbrella/Excess, and Environmental/Pollution) and provides two online self-rating platforms (Hiscox Now and USLI) plus premium financing through its Bellet & West affiliate.
Product overview
Capstone Underwriters, LLC is a Managing General Agency (MGA) and wholesale broker serving retail insurance agents. The company offers a diversified portfolio of insurance products organized around two core platforms: (1) a direct product portfolio comprising eight distinct product lines—Packages, Monoline Casualty, Monoline Property, Inland Marine, Professional Liability, Garage, Umbrella/Excess, and Environmental/Pollution coverage—and (2) two online self-rating/quoting platforms (Hiscox Now and USLI) through which appointed agents can quote and bind coverage. The company also provides access to Bellet & West Premium Finance for premium financing services. The product portfolio covers standard commercial lines (property, casualty, general liability) as well as specialty lines including garage, environmental/pollution, and hard-to-place risks (large property schedules, layered policies, logging, ocean marine).
Differentiator
Problem solved
Functional benefit
Products and services
- Packages Multi-line commercial insurance package combining property, casualty, and auto coverage in a single policy for businesses such as condominiums, convenience stores, day care centers, habitational properties, and restaurants.
- Monoline Casualty Standalone general liability coverage for businesses including contractors, farms, janitorial services, liquor liability operations, roofing, and welding.
- Monoline Property Property-only coverage including builders risk and vacant building insurance.
- Inland Marine Business insurance covering products, materials, and equipment during land-based transportation, such as by truck or train.
- Professional Liability Errors and omissions coverage protecting professionals against liability arising from their professional services, including architects, engineers, construction managers, and home health care agencies.
- Garage General liability and physical damage coverage for commercial vehicles including antique auto restoration, boat/watercraft, trucks, heavy vehicles, motorcycles, recreational vehicles, tow trucks, and valet parking operations.
- Umbrella/Excess Excess liability coverage for claims exceeding the limits of existing commercial liability policies.
- Environmental/Pollution Coverage for unexpected pollutant releases typically excluded from general liability and property policies, including contractor's pollution liability, dry cleaners liability, environmental service providers, and waste facilities pollution liability.
- Hiscox Now Online self-rating platform provided by Hiscox for appointed agents to quote and bind small commercial coverage directly. Capstone earns 13% commission on business bound through this platform.
- USLI Online Quoting Online self-rating platform provided by USLI for appointed agents to quote and bind specialty small commercial classes. Capstone earns 15% commission on business bound; USLI does not write business in Louisiana.
- Bellet & West Premium Finance Premium financing service enabling appointed agents to set up premium finance notes for insured policyholders; operated as an affiliated/related service of Capstone.
Companies that use Capstone Underwriters, Inc.
Customer profileSegments1 record
Ideal customer profiles1 record
Capstone Underwriters, Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Capstone Underwriters, Inc. partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Bellet & West Premium FinancecoreBellet & West Premium Finance is a premium financing partner linked through Capstone's website. Allows agents to set up premium finance notes for their insureds directly through the Capstone platform, providing a complete insurance and financing solution for retail agents and their clients.
- HiscoxcoreHiscox Now is an online quoting platform integrated into Capstone's website. Agents can register, create accounts, and rate risks through the Hiscox Now Online Program. Capstone receives 13% commission on business bound through this platform. The platform is specifically designed for appointed agents.
- USLIcoreUSLI (Underwriters Specialty Insurance) provides an online quoting program through Capstone's landing page. Agents can register, set up accounts, and quote various classes of business. Capstone receives 15% commission on USLI business. Note: USLI does not write business in Louisiana. Dedicated USLI underwriter available at 855-734-5534.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Capstone Underwriters, Inc. competitors and assessment
Company assessmentDirect peers
- Risk Placement Services (RPS): Wholesale insurance broker and MGA offering specialty products to retail agents across the U.S. Closely comparable to Capstone in distribution model (agent-appointment) and specialty product focus (property, casualty, professional lines).
- Brown & Riding: Wholesale insurance broker and MGA providing specialty property, casualty, and excess/surplus lines to retail agents. Directly comparable to Capstone in wholesale brokerage role, specialty product focus, and agent-appointment go-to-market.
- Burns & Wilcox: National wholesale insurance broker and MGA serving retail agents with specialty and surplus lines products. Comparable to Capstone in MGA/wholesale role and agent-appointment distribution, with broader geographic and product reach.
- NAS Insurance Services: MGA specializing in professional liability, EPLI, and specialty casualty products distributed through wholesale and retail agents. Comparable to Capstone's MGA model and specialty product emphasis (notably professional liability).
Broad incumbents
- Amwins: Largest U.S. wholesale insurance broker and MGA distributing specialty and standard lines through retail agents nationally. Directly comparable in role (MGA/wholesale broker) but vastly larger scale and broader carrier panel than Capstone.
- Westport Insurance Corporation: Excess and surplus lines carrier within Swiss Re Corporate Solutions, distributing through wholesale brokers and MGAs. Comparable to Capstone in surplus lines specialty and wholesale distribution, but operates at carrier level rather than as an MGA/broker intermediary.
- Markel: Specialty insurer and MGA platform offering commercial lines through wholesale distribution. Comparable to Capstone in underwriting specialty products (including environmental and garage-adjacent lines) but with carrier-level underwriting authority and balance-sheet scale.
- Swett & Crawford: National wholesale insurance broker distributing excess and surplus lines to retail agents. Closely comparable to Capstone's wholesale broker role but with broader carrier access and deeper geographic penetration.
- CRC Group: Specialty wholesale insurance distributor serving retail agents across the U.S. with property, casualty, and professional lines. Comparable to Capstone's wholesale distribution model but at significantly larger scale and national footprint.
Others
- Hiscox: Specialty insurer and partner of Capstone (powers the Hiscox Now online quoting platform). Comparable to Capstone in targeting small-commercial risks through agent channels, but acts as a carrier while Capstone distributes. Listed here because of their direct technology/integration partnership with Capstone.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Capstone Underwriters, Inc. social profiles
Digital presenceCapstone Underwriters, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capstone Underwriters, Inc. leadership team
Management profileNumber of profiles
Profiles2 records
Capstone Underwriters, Inc. subsidiaries and ownership
Company hierarchySubsidiaries1 record
Capstone Underwriters, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capstone Underwriters, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capstone Underwriters, Inc.
What does Capstone Underwriters, Inc. do?
Capstone Underwriters operates as a Managing General Agency (MGA) and Wholesale Broker that places commercial and specialty insurance risks on behalf of appointed retail agents. It underwrites and binds coverage across eight product lines (Packages, Monoline Casualty, Monoline Property, Inland Marine, Professional Liability, Garage, Umbrella/Excess, and Environmental/Pollution) and provides two online self-rating platforms (Hiscox Now and USLI) plus premium financing through its Bellet & West affiliate.
Is Capstone Underwriters, Inc. a public or private company?
Capstone Underwriters, Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Capstone Underwriters, Inc. founded?
Capstone Underwriters, Inc. was founded in 1991. It employs 11 to 50 people.
Where is Capstone Underwriters, Inc. based?
Capstone Underwriters, Inc. is headquartered in Dallas, United States, in the North America region.
How does Capstone Underwriters, Inc. make money?
Three revenue lines are on record. Agent Commissions - USLI is the primary driver. The others are agent Commissions - Hiscox NOW and premium Finance Partnership - Bellet & West.
Who are Capstone Underwriters, Inc.'s main competitors?
Direct peers on record are Risk Placement Services (RPS), Brown & Riding, Burns & Wilcox and NAS Insurance Services. Broad incumbents are Amwins, Westport Insurance Corporation, Markel, Swett & Crawford and CRC Group. Hiscox is listed as an others.
Does Capstone Underwriters, Inc. have an API?
No public API is recorded for Capstone Underwriters, Inc..
What industry is Capstone Underwriters, Inc. in?
Capstone Underwriters, Inc.'s product category is Wholesale Insurance Brokerage. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services, with a secondary code of FSAEADAD, Wholesale Insurance Brokerage (Excess & Surplus Lines). Its NAICS code is 52421 and its SIC code is 6411.