Boyd CAT
- Company typePrivate
- Founded2009
- HeadquartersHaines City, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
Boyd CAT firmographics
Firmographics- Name
- Boyd CAT
- Legal name
- 1st Class Insurance Services, LLC
- Website
- https://2buyinsurance.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Boyd CAT industry classification
Industry- Product category
- Independent Insurance Agency Services
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Direct Health and Medical Insurance Carriers (524114)
- SIC
- Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321), Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Individual Health Insurance Brokerage & Distribution (FSAIAEAL)
- akta.pro secondary industries
- Small Group Health Insurance (2–50/100) (FSAIAFAD), Mid-Market Commercial Package (Package Policies) (FSAJAFAB)
Keywords
Where Boyd CAT is headquartered
LocationHeadquarters
- HQ city
- Haines City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Boyd CAT business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Insurance Commissions: Earn commissions from insurance carriers for policies sold. As an independent agency representing multiple insurance companies, revenue comes from agent commissions on auto, home, business, health, life, and other insurance products.
- Tax Preparation Services: Provides tax preparation services to existing insurance customers, generating additional service revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Insurance products are quoted individually based on customer needs and carrier comparisons |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Boyd CAT product offering
Product offeringCore offering
1st Class Insurance Services, LLC dba Cathy Boyd's Insurance Agency is an independent insurance agency that compares coverage and pricing across 15+ insurance carriers to deliver personal and commercial insurance products to individuals and businesses in central Florida. The agency also offers payroll processing and tax preparation as ancillary services.
Product overview
1st Class Insurance Services, LLC dba Cathy Boyd's Insurance Agency is an independent insurance agency offering a comprehensive portfolio of personal and commercial insurance products along with payroll and tax services. The agency represents multiple insurance carriers, enabling comparison shopping for customers. Personal insurance products include auto, motorcycle, homeowners, mobile home, renters, health, Medicare, life, farm, boat, and recreational vehicle insurance. Commercial insurance offerings encompass business owners policies (BOP), commercial auto, general liability, contractors insurance, cyber liability, errors & omissions, trucking, workers compensation, and bonds. The agency also provides payroll processing and tax preparation services as an additional service offering.
Differentiator
Problem solved
Functional benefit
Products and services
- Auto Insurance
- Motorcycle Insurance
- Homeowners Insurance
- Mobile Home Insurance
- Renters Insurance
- Health Insurance
- Medicare Insurance
- Life Insurance
- Farm Insurance
- Boat Insurance
- Recreational Vehicle Insurance
- Flood Insurance
- Hurricane Insurance
- Business Insurance
- Business Owners Policy (BOP) Insurance
- Commercial Auto Insurance
- Commercial General Liability Insurance
- Workers' Compensation Insurance
- Contractors Insurance
- Trucking Insurance
- Cyber Liability Insurance
- Errors & Omissions Insurance
- Bonds
- Payroll & Tax Services
Companies that use Boyd CAT
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Boyd CAT technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Boyd CAT partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- Progressive InsurancecoreInsurance carrier partner providing auto, home, and other insurance products through the agency.
- Travelers InsurancecoreInsurance carrier partner offering commercial and personal insurance products.
- HumanacoreHealth insurance carrier partner offering health, dental, and vision insurance products. Also offers Medicare plans.
- United HealthcarecoreHealth insurance carrier partner providing health coverage options.
- Foremost InsurancecoreInsurance carrier specializing in mobile home and specialty insurance products.
- American Traditions (ATIC)minorInsurance carrier partner offering various insurance products.
- CarePlus Health PlansminorHealth insurance carrier partner, particularly for Medicare-eligible individuals.
- Dairyland InsuranceminorInsurance carrier partner offering auto and specialty insurance.
- Devoted HealthminorMedicare Advantage plan carrier partner.
- Hagerty InsuranceminorSpecialty insurance carrier for classic cars and collectible vehicles.
- Heritage Property & Casualty InsuranceminorProperty insurance carrier partner.
- Infinity Auto Insurance (Kemper)minorNon-standard auto insurance carrier partner.
- Markel InsuranceminorInsurance carrier offering specialty and commercial insurance products.
- Security First InsuranceminorFlorida-based property insurance carrier.
- Universal Property & Casualty InsuranceminorFlorida-focused property insurance carrier.
Scale indicators1 record
Recent moves1 record
Expansion highlights5 records
Boyd CAT competitors and assessment
Company assessmentEmerging players
- Policygenius: Digital insurance marketplace that compares life, health, auto, home, and disability policies across multiple carriers. Directly competes with the agency's comparison-shopping value proposition for digitally-native consumers, especially in personal lines.
- Insureon: Online commercial insurance brokerage specializing in small business and contractor coverage including BOP, general liability, and workers comp. Closely comparable to the agency's commercial/contractor niche, particularly for small construction businesses.
- AssureStart (now Acrisure) — Small Agency Channel: Technology-enabled small-business insurance distribution platform. Relevant as a competing path for SMBs and contractors seeking commercial coverage, especially the construction/contractor segment this agency specializes in.
Broad incumbents
- Brown & Brown Insurance: Large national insurance brokerage headquartered in Florida with a comprehensive personal and commercial book across hundreds of carrier partners. Highly comparable as a multi-line agency operating in the same Florida market with the same independent agency model, though at vastly larger scale.
- Acrisure: Fast-growing insurance brokerage built largely through acquisition of independent agencies. Comparable multi-line personal/commercial agency model and an active acquirer of small agencies with carrier diversity like Cathy Boyd's.
- HUB International: Major North American insurance brokerage representing multiple carriers and offering personal, commercial, and specialty lines. Directly comparable independent agency model and product breadth, with active small-agency acquisition strategy relevant to this company.
- Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm offering the full spectrum of personal and commercial lines through carrier partnerships. Directly comparable distribution model, with a long history of acquiring small independent agencies in regional markets.
Direct peers
- Central Insurance: Regional mutual carrier distributing through independent agents across personal and commercial lines. Comparable independent agency distribution model and similar mid-size independent agency positioning.
- Frankenmuth Insurance: Mutual insurance carrier that distributes through independent agents in personal and commercial lines. Operates a comparable independent-agency distribution model with multi-line offerings, providing a useful structural comparison.
Regional players
- Baldwin Krystyn Sherman Partners (BKS Partners): Florida-based independent insurance brokerage serving commercial and personal lines with carrier partnerships across the Southeast. Comparable independent agency model and Florida market focus, though serving larger commercial clients.
Market position
Strengths4 records
Weaknesses3 records
Competitive moat2 records
Key risks5 records
Key highlights6 records
Customer concentration
Boyd CAT social profiles
Digital presenceBoyd CAT financial estimates
Financial estimateRevenue estimate
Valuation estimate
Boyd CAT leadership team
Management profileNumber of profiles
Profiles7 records
Boyd CAT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Boyd CAT 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 Boyd CAT
What does Boyd CAT do?
1st Class Insurance Services, LLC dba Cathy Boyd's Insurance Agency is an independent insurance agency that compares coverage and pricing across 15+ insurance carriers to deliver personal and commercial insurance products to individuals and businesses in central Florida. The agency also offers payroll processing and tax preparation as ancillary services.
Is Boyd CAT a public or private company?
Boyd CAT is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Boyd CAT founded?
Boyd CAT was founded in 2009. It employs 11 to 50 people.
Where is Boyd CAT based?
Boyd CAT is headquartered in Haines City, United States, in the North America region.
How does Boyd CAT make money?
Two revenue lines are on record. Insurance Commissions are the primary driver. The others are tax Preparation Services.
Who are Boyd CAT's main competitors?
Emerging players on record are Policygenius, Insureon and AssureStart (now Acrisure) — Small Agency Channel. Broad incumbents are Brown & Brown Insurance, Acrisure, HUB International and Arthur J. Gallagher & Co.. Direct peers are Central Insurance and Frankenmuth Insurance. Baldwin Krystyn Sherman Partners (BKS Partners) is listed as a regional player.
Does Boyd CAT have an API?
No public API is recorded for Boyd CAT.
What industry is Boyd CAT in?
Boyd CAT's product category is Independent Insurance Agency Services. Its primary akta.pro industry code is FSAIAEAL, Individual Health Insurance Brokerage & Distribution, with a secondary code of FSAIAFAD, Small Group Health Insurance (2–50/100). Its NAICS code is 5242 and its SIC code is 6411.