Striker Insurance Services

What Striker Insurance Services does

Striker Insurance Services operates as a managing general agent (MGA) specializing exclusively in monoline commercial auto insurance for commercial fleets. Legally structured as Redstone Underwriters, LLC (with Risk Theory Insurance Services, LLC as the California-licensed entity), the company writes business on an admitted basis across 12 target states (AR, AZ, FL, IL, IN, NV, NC, OH, OK, UT, TN, TX), placing risk with carriers rated A- VIII by A.M. Best. Founded in 2020 and headquartered in Dallas, Texas, Striker targets mid-market fleet operators with 5-250 power units, underwriting across more than 80 classes of business in five vertical segments: local/intermediate private distribution fleets, artisan contractors and construction-related businesses, manufacturing, agricultural hauling, and B2B service fleets. Coverage offerings include $1M CSL Auto Liability, Auto Physical Damage, Blanket Additional Insured, Blanket Waiver of Subrogation, Primary & Noncontributory Language, Hired and Non-Owned AL and APD, Broadened Pollution, Symbol 1 Coverage, and Rental Reimbursement.

The company generates revenue from commissions and fees on commercial auto premiums, distributed entirely through a network of licensed independent retail and wholesale insurance agents who submit business via email with ACORD 125 forms, supplemental applications, 5-year loss runs, driver lists, and vehicle schedules. Striker does not sell direct to fleet operators and runs an active agent recruitment program. Claims are handled by Applied Claims Group under a 24/7 intake process. The company is a wholly-owned affiliate of Risk Theory, which provides regulatory, underwriting, and operational infrastructure. No venture capital, private equity, or external funding signals are present in the available data. The technology footprint is conventional for an MGA: no proprietary platform, no AI/ML underwriting tools, no APIs, and no mobile applications are disclosed.

Name

Striker Insurance Services

Legal name

Redstone Underwriters, LLC dba Striker Insurance Services

Website

https://strikerinsurance.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Striker Insurance Services is a Dallas-based monoline commercial auto MGA, founded 2020, writing admitted business in 12 U.S. states for fleets of 5-250 power units across 80+ classes via independent agents. It is a Risk Theory affiliate underwritten by A.M. Best A- VIII carriers.

Ownership category

akta.pro rank

Product category

Commercial Auto Insurance

NAICS

Insurance Agencies and Brokerages (52421), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industry

Commercial Auto & Fleet Liability Insurance (Primary) (TLABANAA)

Keywords

• Commercial auto insurance
• Fleet insurance programs
• Monoline auto coverage
• Managing general agent
• Commercial fleet underwriting

Headquarters

HQ city

Addison

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Others

Revenue model

1. Commercial Auto Insurance Premiums: Striker Insurance Services generates revenue through monoline commercial auto insurance premiums charged to fleet operators. The company acts as a managing general agent (MGA) underwritten by carriers with A.M. Best Ratings of A- VIII. Revenue is generated from policy premiums across various fleet classes and market segments.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Striker Insurance Services operates as a managing general agent (MGA) providing monoline commercial auto insurance for commercial fleet operators with 5-250 power units. The company places business with admitted carriers rated A- VIII by A.M. Best across 12 target states and distributes exclusively through a network of licensed independent insurance agents. Coverage offerings include $1M CSL Auto Liability, Auto Physical Damage, Hired and Non-Owned AL/APD, Broadened Pollution, Symbol 1, and Rental Reimbursement across 80+ classes of business.

Product overview

Striker Insurance Services offers a single focused product line: monoline commercial auto insurance solutions for commercial fleets, backed by a claims reporting service. The core offering is Commercial Auto Insurance providing liability and physical damage coverage for fleets with 5-250 power units across various market segments including distribution, construction/artisan, manufacturing, agricultural hauling, and B2B businesses. The company operates as a program administrator with admitted carriers rated A- by A.M. Best, available in target states AR, AZ, FL, IL, IN, NV, NC, OH, OK, UT, TN, TX.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Auto Insurance / Monoline Auto Solutions Monoline commercial auto insurance designed for commercial fleets with 5-250 power units. Includes $1M CSL Auto Liability, Auto Physical Damage, Blanket Additional Insured, Blanket Waiver of Subrogation, Primary & Noncontributory Language, Hired and Non-Owned AL and APD, Broadened Pollution (Incidental Basis), Symbol 1 Coverage, and Rental Reimbursement. Underwritten by admitted carriers with A.M. Best Ratings of A- VIII and distributed exclusively through licensed independent insurance agents.
• Claims Reporting Services Insurance claim reporting process administered through Applied Claims Group, providing 24/7 loss reporting via phone (1-800-597-7790), email ([email protected]), and fax (1-800-337-8131) for policyholders and agents.

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• Risk TheorycoreStrategic or Co-development PartnerRisk Theory is the parent company providing regulatory, underwriting, and operational infrastructure for Striker Insurance Services. Striker operates as a dba of Redstone Underwriters, LLC and Risk Theory Insurance Services, LLC (in California). The company benefits from Risk Theory's carrier relationships, A.M. Best rated insurance capacity, and operational infrastructure.
• A.M. Best Rated Carriers (A- VIII)coreStrategic or Co-development PartnerStriker Insurance Services places business with admitted insurance carriers holding A.M. Best Ratings of A- (Excellent) with size VIII. These carrier relationships provide the financial strength and underwriting capacity to support monoline commercial auto coverage for commercial fleets across target states.
• Applied Claims GroupcoreImplementation/ SI/ Consulting PartnerApplied Claims Group serves as the third-party claims administrator for Striker Insurance Services. The partnership provides 24/7 claims intake via phone (1-800-597-7790), email ([email protected]), and fax (1-800-337-8131). Claims representatives handle loss notice intake, initial reporting, and claims routing for policyholders.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Cabrillo Coastal Casualty Insurance Company: Specialty commercial auto and fleet liability insurer operating as a carrier/program administrator. Highly comparable as a focused commercial auto MGA-type operation serving fleet operators.
• Great West Casualty Company: Niche commercial auto insurer specializing in trucking and fleet risks. Highly comparable as a single-line commercial auto carrier serving fleet operators through independent agents.
• National Interstate Insurance Company: Specialty commercial auto insurer focused on fleet, trucking, and passenger transportation. Like Striker, it concentrates on commercial auto/fleet with deep class-level expertise and operates through agent distribution.

Broad incumbents

• Acuity Insurance: Regional property/casualty carrier with a meaningful commercial auto and contractor book. Comparable mid-market commercial fleet underwriting focus but operates across many additional lines.
• Progressive Commercial: Major direct writer of commercial auto insurance across small business and fleet segments. Comparable product category but broader portfolio and significantly larger scale than Striker.
• Travelers Commercial Auto: National commercial lines insurer with a substantial commercial auto offering through independent agents. Overlaps with Striker in fleet coverage but operates as a major multi-line incumbent.
• Liberty Mutual Commercial: Major commercial P&C carrier with a large commercial auto and fleet underwriting presence. Comparable customer segment (mid-market to large fleets) but vastly larger portfolio.

Emerging players

• CoverWallet: Digital commercial insurance platform (now part of Aon) selling commercial auto and other lines to small/mid-market businesses. Comparable product and customer overlap but technology-led distribution model differs from Striker's.
• Founder Shield: Specialty commercial insurance MGA targeting venture-backed and growth-stage businesses. Compares to Striker as a digitally enabled MGA, though focused on tech/startup clients versus fleet operators.
• Next Insurance: Digital-first commercial insurance platform serving small business and contractor segments. Compares to Striker on target customer (contractor/fleet-adjacent) but competes via direct digital distribution versus Striker's agent model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/strikerinsurance

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 Striker Insurance Services