Carver Insurance Group
Carver Insurance Group is a privately held independent insurance agency in Carver, Minnesota, distributing personal, commercial, farm, and life insurance through 30+ carrier partnerships to families, small businesses, and farms across the southwestern Twin Cities metro and greater Minnesota.
- Company typePrivate
- Founded-
- HeadquartersCarver, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Carver Insurance Group does
Carver Insurance Group is a privately held independent insurance agency headquartered at 113 3rd Street East in Carver, Minnesota, operating since 1936 with a team of five to six licensed insurance professionals led by President Paul Newton. The agency distributes personal, commercial, farm, and life insurance products through appointments with more than 30 carriers, including Progressive, Nationwide, Liberty Mutual, Travelers, The Hartford, Hanover, North Star Mutual, and Western National, earning commission revenue on policies placed and renewed. Its go-to-market is local and relationship-driven: a walk-in office in Carver, a phone line answered by local agents with no automated menus, and an instant online quote tool hosted by agentinsure.com for auto and home coverage.
The product portfolio spans core personal lines (home, auto, renters, umbrella, flood, motorcycle, classic car, motorhome, recreational vehicle), commercial lines (general liability, workers' compensation, commercial auto, commercial property, professional liability/E&O, cyber liability, EPLI, commercial umbrella), farm lines (family farm and agritourism coverage), and life lines (term, whole, universal, final expense). The agency targets individuals, families, small-to-medium businesses, and family/hobby farms across Carver, Chaska, Shakopee, Chanhassen, and greater Minnesota. It does not operate proprietary technology systems, relying instead on industry-standard agency management software and carrier-provided quoting platforms.
The business model is standard independent agency economics: commission income from carrier partners on bound and renewed policies, with quote-based, risk-priced premiums and monthly billing cadence. Distribution is direct-to-consumer via the walk-in office, local phone service, and online quote/request forms, with marketing focused on local community presence, word-of-mouth, and educational blog content. Carver Insurance Group is operating, owner-managed, has no parent company, no subsidiaries, no disclosed funding, and no AI or proprietary technology capabilities; its competitive position rests on local relationships, multi-carrier access, and breadth of product lines rather than on scale or technology differentiation.
Carver Insurance Group firmographics
Firmographics- Name
- Carver Insurance Group
- Legal name
- Carver Insurance Group
- Website
- https://carinsgroup.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Carver Insurance Group is a privately held independent insurance agency in Carver, Minnesota, distributing personal, commercial, farm, and life insurance through 30+ carrier partnerships to families, small businesses, and farms across the southwestern Twin Cities metro and greater Minnesota.
- Ownership category
- akta.pro rank
Where Carver Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Carver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Carver Insurance Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Commissions: The company earns commissions from insurance carriers for policies sold and renewed. As an independent agency, they represent multiple top-rated carriers and earn commission income on each policy placed with their carrier partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Custom quote-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Carver Insurance Group product offering
Product offeringCore offering
Carver Insurance Group is an independent insurance agency that sells and services personal, commercial, farm, and life insurance policies on behalf of multiple top-rated insurance carriers. The agency earns commissions by placing and renewing coverage for individuals, families, farms, and small-to-medium businesses in Carver, Minnesota and surrounding communities. It delivers coverage through in-person, phone, and online quote channels, with local agents handling policy servicing and claims advocacy.
Product overview
Carver Insurance Group is an independent insurance agency offering a comprehensive portfolio of insurance products through multiple carrier partnerships. The offering is structured as a multi-category insurance service model rather than a unified software platform. Personal insurance includes home, auto, recreational vehicles (motorcycles, boats, RVs), renters, classic car, umbrella, and flood coverage. Commercial insurance encompasses general liability, workers' compensation, commercial auto, commercial property, professional liability (E&O), cyber liability, employment practices liability (EPLI), and commercial umbrella. Farm insurance covers family farms and agritourism operations. Life insurance products include term, whole, universal, and final expense policies. The agency leverages its independent structure to shop multiple carriers on behalf of clients, providing personalized coverage recommendations across all product lines.
Differentiator
Problem solved
Functional benefit
Products and services
- Home Insurance Minnesota home insurance covering dwelling, personal property, liability, other structures, and loss of use for homeowners in Carver and surrounding communities.
- Auto Insurance
- Renters Insurance
- Recreational Vehicle Insurance
- Motorcycle Insurance
- Classic Car Insurance
- Motorhome Insurance
- Flood Insurance
- Personal Umbrella Insurance
- General Liability Insurance
- Workers' Compensation Insurance
- Commercial Auto Insurance
- Commercial Property Insurance
- Professional Liability Insurance
- Cyber Liability Insurance
- Employment Practices Liability Insurance
- Commercial Umbrella Insurance
- Family Farm Insurance
- Agritourism Farm Insurance
- Life Insurance
Companies that use Carver Insurance Group
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Carver Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Carver Insurance Group partnerships and signals
Strategic signalPartnerships
31 partnerships are on record, tiered core and minor.
- Richfield InsurancecoreInsurance carrier partner providing personal and commercial insurance products through Carver Insurance Group agency.
- HagertycoreSpecialty insurance carrier for classic and collector vehicles partnered with Carver Insurance Group.
- Ram Mutual InsurancecoreMutual insurance carrier partner providing coverage options through the independent agency.
- American Collectors InsurancecoreSpecialty insurance carrier for collector automobiles partnered with Carver Insurance Group.
- Badger Mutual InsurancecoreWisconsin-based mutual insurance carrier providing personal and commercial coverage through Carver Insurance Group.
- CNA SuretyminorSurety and commercial insurance products through CNA Surety.
- Dairyland InsurancecoreSpecialty insurance carrier providing motorcycle and recreational vehicle coverage.
- Encova InsurancecoreCommercial and personal insurance carrier partner.
- The Hanover Insurance GroupcoreNational property and casualty insurance company providing commercial and personal lines.
- The HartfordcoreNational insurance carrier providing business and personal insurance products.
- J.C. Taylor InsurancecoreSpecialty insurance carrier for classic and antique vehicles.
- K&K InsurancecoreInsurance carrier providing coverage for motorsports and recreational vehicles.
- Liberty Mutual InsurancecoreNational insurance carrier providing personal and business insurance through independent agents.
- Main Street America InsurancecoreRegional insurance carrier providing personal and commercial coverage for small businesses.
- MarkelcoreInsurance carrier specializing in specialty and niche insurance products.
- Michigan Millers InsurancecoreRegional insurance carrier providing personal and commercial coverage.
- Mid-Minnesota Mutual Insurance CompanycoreRegional mutual insurance company with Minnesota focus.
- National GeneralcoreInsurance carrier providing auto, home, and recreational vehicle coverage.
- NationwidecoreNational insurance carrier providing wide range of personal and commercial coverage.
- NPCL Mutual Insurance CompanyminorMutual insurance carrier providing niche coverage products.
- North Star Mutual Insurance CompanycoreMinnesota-based mutual insurance carrier providing farm and rural coverage.
- Penn National InsurancecoreRegional insurance carrier providing personal and commercial coverage.
- ProgressivecoreNational insurance carrier providing auto, home, and commercial coverage.
- Safeco InsurancecoreLiberty Mutual subsidiary providing personal insurance products through independent agents.
- SFMcoreRegional insurance carrier providing workers compensation and commercial coverage.
- Travelers InsurancecoreNational insurance carrier providing personal and commercial insurance products.
- Western National InsurancecoreRegional insurance carrier providing personal and commercial coverage.
- Young America Mutual Insurance Co.minorRegional mutual insurance carrier.
- AAAcoreMotor club and insurance provider offering auto, home, and life coverage through AAA agents.
- Auto-Owners InsurancecoreRegional insurance carrier providing personal and commercial coverage through independent agents.
- Foremost Insurance GroupcoreInsurance carrier specializing in mobile homes, RVs, and specialty property coverage.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Carver Insurance Group competitors and assessment
Company assessmentDirect peers
- Brightway Insurance: Franchise independent insurance agency distributing home, auto, and commercial coverage through multiple carrier partners. Same independent-agent business model and commission revenue stream as Carver.
- AAA Insurance: Captive agency distributing auto, home, and life coverage through local agents. Already a carrier partner of Carver, and competes for the same Minnesota household insurance buyer.
- Integrity Marketing Group: Independent insurance distribution platform acquiring and supporting independent agencies. Same commission-based, multi-carrier distribution model; comparable at the agency-network level.
- Goosehead Insurance: Independent insurance agency franchise that places personal and commercial coverage through multiple carriers on a commission basis. Operates with a local-agent, multi-carrier model directly comparable to Carver Insurance Group.
- Auto-Owners Insurance: Regional P&C carrier distributed exclusively through independent agents. Already a carrier partner; competes and partners simultaneously — typical of the dual-edge independent agency model.
- COUNTRY Financial: Regional insurance and financial services company strong in the Upper Midwest with farm, home, auto, life, and commercial products. Comparable regional multi-line agency/carrier presence in Carver's core geography.
Broad incumbents
- Hub International: Large global insurance brokerage distributing commercial and personal lines through local offices. Represents the scaled incumbent version of Carver's broker-of-record model.
- Brown & Brown: National insurance brokerage serving commercial and personal lines via a network of independent agency offices. Established scaled analog of Carver's independent distribution model.
Emerging players
- Lemonade: Direct-to-consumer insurtech that bypasses agents for personal lines. Represents the structural competitive threat to Carver's personal-lines commission base as digital distribution scales.
Regional players
- Weston Insurance Agency: Independent insurance agency operating in the Minneapolis/southwest Twin Cities metro. Direct geographic peer serving overlapping Carver, Chaska, and Chanhassen communities with similar multi-line offerings.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Carver Insurance Group social profiles
Digital presenceCarver Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carver Insurance Group leadership team
Management profileNumber of profiles
Profiles5 records
Carver Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carver Insurance Group 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 Carver Insurance Group
What does Carver Insurance Group do?
Carver Insurance Group is an independent insurance agency that sells and services personal, commercial, farm, and life insurance policies on behalf of multiple top-rated insurance carriers. The agency earns commissions by placing and renewing coverage for individuals, families, farms, and small-to-medium businesses in Carver, Minnesota and surrounding communities. It delivers coverage through in-person, phone, and online quote channels, with local agents handling policy servicing and claims advocacy.
Is Carver Insurance Group a public or private company?
Carver Insurance Group is a private company. It is classified as family owned and is currently operating.
When was Carver Insurance Group founded?
Carver Insurance Group was founded in -1. It employs 1 to 10 people.
Where is Carver Insurance Group based?
Carver Insurance Group is headquartered in Carver, United States, in the North America region.
How does Carver Insurance Group make money?
One revenue line is on record: insurance Commissions.
Who are Carver Insurance Group's main competitors?
Direct peers on record are Brightway Insurance, AAA Insurance, Integrity Marketing Group, Goosehead Insurance, Auto-Owners Insurance and COUNTRY Financial. Broad incumbents are Hub International and Brown & Brown. Lemonade is listed as an emerging player. Weston Insurance Agency is listed as a regional player.
Does Carver Insurance Group have an API?
No public API is recorded for Carver Insurance Group.