What Ten Insurance Services does

Ten Insurance Services, Corp. is an independent insurance agency headquartered in Woodbury, New York, with a second office in Melville, New York. Founded in 1989 by Louis A. Santelli, who continues to serve as President, the firm operates with 11–50 employees and serves businesses and individuals across the New York metropolitan area, with stated nationwide placement capability for certain specialty programs.

The agency's product portfolio spans commercial insurance (property, general liability, business auto, workers' compensation, umbrella/excess, product liability, D&O, E&O, and Wrap-Up Administration), Risk Management Insurance, Surety Bonding Programs, CAPTIVE Insurance Programs, and Personal Insurance including boat coverage. Its stated vertical focus includes manufacturers, distributors, trucking companies, social service organizations, general contractors, and trade contractors, with the Wrap-Up Administration offering indicating deeper construction specialization.

Ten Insurance Services operates a commission-based brokerage model, earning revenue through carrier partnerships on policies placed, supported by quote-based pricing and annual billing cadence. Distribution is sales-led and relationship-driven. The firm has no proprietary technology platform or AI capabilities — its digital presence consists of a WordPress-based website with a UserWay accessibility widget — and there are no disclosed funding events, acquisitions, or recent strategic transactions in the available data.

Name

Ten Insurance Services

Legal name

Ten Insurance Services, Corp.

Website

https://teninsuranceservices.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Ten Insurance Services is an independent insurance agency headquartered in Woodbury, NY, founded in 1989, providing commercial and personal insurance, surety bonding, CAPTIVE programs, and Wrap-Up Administration to businesses across the New York metro area.

Ownership category

akta.pro rank

Headquarters

HQ city

Woodbury

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission: As an independent insurance agency, Ten Insurance Services generates revenue through commissions earned on insurance policies placed with insurance carrier partners. The company offers a choice of insurance provider to each client, placing coverage with the most reputable insurance companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Ten Insurance Services is an independent insurance agency that places commercial insurance (property, general liability, business automobile, workers compensation, umbrella/excess liability, product liability, D&O, E&O, wrap-up administration, surety bonding, and CAPTIVE programs) and select personal lines (personal and boat insurance) for clients across the New York Metro area. The agency's core methodology is risk assessment first, followed by placement of coverage with one of multiple partner insurance carriers, supported by ongoing account management.

Product overview

Ten Insurance Services offers a comprehensive portfolio of insurance products and risk management services for commercial and personal clients in the New York Metro area. Their core offering consists of commercial insurance products including Property Insurance, General Liability Insurance, Business Automobile Insurance, Workers Compensation Insurance, Umbrella & Excess Liability Insurance, Product Liability Insurance, Directors & Officers Liability Insurance, Errors & Omissions Insurance, and Wrap Up Administration Insurance. They also provide specialized programs such as Surety Bonding, Surety Programs Insurance, and CAPTIVE Insurance Programs. For personal clients, they offer Personal Insurance including Boat Insurance. The company differentiates through a risk management-first methodology focused on identifying, evaluating, and minimizing risks while ensuring proper insurance coverage placement.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Insurance Comprehensive commercial insurance placement for businesses in the New York Metro area, covering property, liability, and automobile needs of commercial clients.
• Property Insurance Insurance coverage protecting business assets and property against damage, loss, or destruction for commercial clients.
• General Liability Insurance Coverage protecting businesses against claims of bodily injury, property damage, and personal injury arising from their operations.
• Business Automobile Insurance Insurance coverage for vehicles used in business operations, including liability and physical damage coverage.
• Workers Compensation Insurance Insurance coverage providing benefits to employees for work-related injuries or illnesses.
• Umbrella & Excess Liability Insurance Additional liability coverage that supplements primary insurance policies once their limits are exhausted.
• Product Liability Insurance Coverage protecting businesses against claims arising from products they sell or manufacture.
• Directors & Officers Liability Insurance Coverage protecting corporate directors and officers from claims alleging mismanagement, breach of fiduciary duty, or wrongful acts.
• Errors & Omissions Insurance Professional liability coverage protecting businesses against claims of negligence, mistakes, or failure to perform professional services.
• Wrap Up Administration Insurance Insurance administration services for wrap-up construction projects, providing coordinated coverage across participating contractors.
• Risk Management Insurance Comprehensive risk assessment and management services to identify, evaluate, and minimize business risks as a precursor to coverage placement.
• Surety Bonding Surety bond programs providing guarantees of performance or payment for contractual obligations.
• Surety Programs Insurance Insurance programs designed to help businesses obtain surety bonds for various commercial and construction projects.
• CAPTIVE Insurance Programs Captive insurance programs offering businesses a way to self-insure certain risks under a licensed insurer.
• Personal Insurance Personal insurance coverage for individuals and families in the New York Metro area, including personal property and liability options.
• Boat Insurance Insurance coverage for boats and watercraft protecting against physical damage and liability.

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

One partnership is on record.

• Strategic Nationwide PartnershipsminorOthersThe company references strategic nationwide partnerships in their service offerings, indicating relationships with insurance providers and industry partners across the country to support their risk management and insurance placement services for clients in the New York Metro area.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• NFP (an Aon company): Mid-market-focused insurance brokerage and consulting firm offering commercial P&C, employee benefits, and wealth management. Recently acquired by Aon. Comparable independent-broker distribution model and mid-market commercial focus.
• Acrisure: Rapidly growing independent insurance agency platform serving commercial and personal lines across the US, built via roll-up acquisitions. Comparable multi-carrier independent distribution model at significantly greater scale.
• Hub International: Large North American insurance brokerage serving mid-market and commercial clients across P&C, employee benefits, and surety. Same customer profile and product categories as Ten, but at much greater scale through acquisition-driven expansion.
• USI Insurance Services: Large commercial insurance brokerage and employee benefits consultancy serving mid-market and enterprise clients across all 50 states. Overlapping commercial P&C, surety, and risk management practice areas with Ten Insurance Services.

Direct peers

• Brown & Riding Insurance Services: Independent specialty insurance brokerage with deep focus on construction, contractors, and hard-to-place commercial risks. Highly comparable to Ten Insurance Services given its construction-oriented book and contractor-focused wrap-up/surety work.
• RPS (Risk Placement Services), a Gallagher company: Specialty wholesale broker and retail-focused construction practice serving contractors, manufacturers, and distributors. Comparable product breadth across commercial P&C, wrap-up, and surety bonds overlaps with Ten's portfolio.
• Deans & Homer: Independent commercial insurance agency focused on construction, contractors, and specialty commercial risks with wrap-up and surety capabilities. Construction vertical emphasis mirrors Ten's core specialty.
• Frenkel & Company: Independent commercial insurance broker offering multi-line P&C, surety, and risk management advisory to mid-market clients. Comparable independent-agency distribution model and risk-management-led value proposition.

Regional players

• Loomis & LaTodd Insurance Agency: Regional independent insurance agency serving commercial and personal clients in the Northeast, including construction and contractor accounts. Similar size, structure, and vertical mix to Ten Insurance Services.
• Greater New York Insurance Companies: Regional insurance provider serving the New York Metro market with commercial and personal lines. Overlapping NY Metro territory with Ten Insurance Services, though GNY operates primarily as a carrier rather than a brokerage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Ten Insurance Services