McGregor Insurance

What McGregor Insurance does

McGregor Insurance is a local independent insurance agency founded in 1975 and based in Ocean Shores, Washington. The firm operated as a small community-rooted agency offering personal lines insurance — including home, auto, vacation rental, umbrella, and renters coverage — sourced from multiple insurance carriers through the independent agency model. It employed between 1 and 10 people and was operated principally by Mike McGregor (President & Agent), with revenue generated via carrier commissions on placed policies.

The agency did not develop or disclose any proprietary technology, AI/ML capabilities, or digital distribution platform; customer engagement was conducted through direct agent interactions via phone, email, in-person appointments, and a basic website quote request form. The core technology of "Clickable Coverage" appears as a registered trademark service inherited from the Strand Insurance network.

In 2023, McGregor Insurance merged with Strand Insurance, another Washington-based independent agency, as part of the owner's retirement transition. Post-merger, client servicing was transferred to Strand Insurance team members while Mike remained available by appointment, effectively absorbing the McGregor book of business into Strand's multi-office Pacific Northwest platform.

Name

McGregor Insurance

Legal name

McGregor Insurance

Website

https://mcgregorins.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

1–10 employees

Short description

McGregor Insurance is a local independent insurance agency in Ocean Shores, Washington, offering personal lines coverage (home, auto, vacation rental, umbrella, renters) to individual households via carrier commissions. In 2023, the agency merged into Strand Insurance as part of the owner's retirement.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

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)

akta.pro secondary industries

Personal Umbrella Insurance (FSAJANAA), Umbrella Insurance (FSAJAMAK)

Keywords

• Independent insurance agency
• Personal insurance coverage
• Vacation rental insurance
• Commercial insurance solutions
• Insurance brokerage services

Headquarters

HQ city

Ocean Shores

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Insurance Agency Commission: Independent insurance agency generating revenue through commissions from insurance carriers for policies placed. Agency serves as intermediary connecting customers with appropriate coverage from multiple insurance providers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

McGregor Insurance is an independent insurance agency in Ocean Shores, Washington that sells personal insurance coverage — including vacation rental, home, auto, umbrella, and renters policies — sourced from multiple insurance carriers. Following a 2023 merger with Strand Insurance, the agency now operates as part of the Strand Insurance network, continuing to deliver personalized, small-town client service while providing access to an expanded set of carrier markets and products.

Product overview

McGregor Insurance is a local independent insurance agency in Ocean Shores, Washington, offering a comprehensive suite of personal insurance products including Vacation Rental Insurance, Home Insurance, Auto Insurance, Umbrella Insurance, and Renters Insurance. The agency operates as part of the Strand Insurance network following a merger, providing the same small-town personalized service with access to additional insurance markets and products.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Insurance Comprehensive personal insurance coverage including vacation rental, home, auto, umbrella, and renters insurance tailored to individual and family household needs. Offered through an independent agency model comparing options across multiple carriers.
• Vacation Rental Insurance Specialized insurance coverage for short-term vacation rental properties, targeted at property owners in the Ocean Shores and Pacific Northwest region.
• Home Insurance Coverage for residential properties protecting homeowners against damage, loss, and liability.
• Auto Insurance Vehicle insurance coverage for personal automobiles, providing protection against accidents, liability, and physical damage.
• Umbrella Insurance Additional liability coverage that extends beyond the limits of standard home or auto policies, providing an extra layer of personal liability protection.
• Renters Insurance Coverage for renters protecting personal belongings and providing liability protection within a rented residence.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Strand InsurancecoreStrategic or Co-development PartnerMcGregor Insurance has merged with Strand Insurance, another local Washington state independent insurance agency. Mike McGregor pursued this merger as part of retirement planning while ensuring continued client service. Strand Insurance is a comprehensive independent agency offering personal and business insurance solutions. The merger provides McGregor clients access to additional markets and insurance products while maintaining small-town service values.

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Liberty Mutual: Broad U.S. property & casualty insurer offering personal and commercial coverage including home, auto, and umbrella insurance. Overlaps with McGregar's personal lines product set, and competes for the same independent agency placement relationships.
• GEICO: Direct-to-consumer auto and home insurer representing the structural competitive threat to small independent personal lines agencies like McGregor, where homeowners and auto shoppers increasingly bypass agents.
• Allstate: Large national personal lines insurer distributed through exclusive agents offering home, auto, umbrella, and renters coverage. Directly comparable product portfolio and agency-based GTM, though at significantly larger scale than McGregor's independent agency.
• State Farm: Largest U.S. personal lines insurer operating through a captive agent model offering home, auto, and umbrella coverage. Comparable in product mix (home, auto, umbrella, renters) and small-business lines, but at vastly greater scale and geographic reach than McGregor.
• Progressive: Major U.S. personal and commercial lines carrier with strong direct-to-consumer auto offering and independent agent channel. Competes with McGregar's auto and home lines, and shapes commission economics in the personal lines agency channel.

Regional players

• Erie Insurance: Regional insurance carrier with an exclusive agent model concentrated in the eastern/mid-Atlantic U.S. Comparable to McGregor in personal lines focus (home, auto, umbrella) and agency-driven distribution, though it operates in different geographies.

Emerging players

• Hippo Insurance: InsurTech focused on homeowners and adjacent personal lines (including vacation/short-term rental exposure) with a digital-first approach. Comparable to McGregar's home and vacation rental insurance offerings, though delivered direct rather than through an agency.
• Lemonade: InsurTech carrier using an AI-driven, mobile-first direct model in renters, homeowners, and adjacent personal lines. Represents the emerging direct/AI-driven threat to McGregar's renters and home insurance book and agency economics.

Direct peers

• Goosehead Insurance: Independent insurance agency/franchise model that places personal and commercial lines across multiple carriers. Comparable business model (multi-carrier agency, commission-based revenue, local agent relationships) to McGregor's independent agency approach.
• Strand Insurance: Independent insurance agency in Washington state that absorbed McGregor Insurance via merger in 2023. Same model (independent multi-carrier agency, personal + business lines, local Pacific Northwest service), making it the closest direct comparable and the entity now serving McGregor's clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/mcgregorins
• Facebookfacebook.com/Strand.Insurance
• Pinterestpinterest.com/strandins

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 McGregor Insurance