MAI Risk Advisors
- Company typePrivate
- Founded-
- HeadquartersAugusta, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
MAI Risk Advisors firmographics
Firmographics- Name
- MAI Risk Advisors
- Legal name
- Main Street Insurance Group
- Website
- https://mairiskadvisors.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
MAI Risk Advisors industry classification
Industry- Product category
- Independent Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro industry
- Risk Management Consulting (Enterprise & Operational Risk)Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory
Keywords
Where MAI Risk Advisors is headquartered
LocationHeadquarters
- HQ city
- Augusta
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
MAI Risk Advisors business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Distribution channels2 records
Marketing channels3 records
MAI Risk Advisors product offering
Product offeringCore offering
MAI Risk Advisors is an independent insurance brokerage that places Personal Insurance, Business Insurance, and Employee Benefits coverage for clients through multiple top-rated national and regional insurance carriers. Operating as an office location within Main Street Insurance Group, the agency delivers a concierge-style client experience focused on informed coverage decisions across the Southeastern United States.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Insurance Insurance coverage for individuals and families including home, auto, and personal liability insurance, sourced from top-rated national and regional carriers. Designed for individual consumers and households seeking protection from unexpected personal events.
- Business Insurance Commercial insurance solutions for businesses of various sizes, addressing business risk protection and continuity planning needs. Coverage placed through multiple carrier partnerships for tailored commercial policies.
- Employee Benefits Employee benefits packages including health insurance and related offerings for employers. Designed to support benefits management and employee retention for businesses.
Companies that use MAI Risk Advisors
Customer profileSegments3 records
Ideal customer profiles2 records
MAI Risk Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MAI Risk Advisors partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- SMART Insurance AgencyminorSmart Insurance Agency, founded by Rick Smart in 2014, was acquired by Main Street Insurance Group following the founder's passing in January 2025. The acquisition ensures continuity for existing clients and maintains the agency's focus on relationships, trust, and client service. Stacie Pedersen continues with the combined organization to facilitate transition.
- Insurance PartnerscoreMain Street Insurance Group works with top-rated national and regional insurance carriers to provide clients with comprehensive coverage options and competitive pricing through their independent agency model.
Scale indicators1 record
MAI Risk Advisors competitors and assessment
Company assessmentDirect peers
- Brown & Brown: Public independent insurance brokerage with a decentralized profit-center model that resembles MAI Risk Advisors' branch structure. Both compete across personal, commercial, and benefits lines via local offices with shared carrier relationships.
- Acrisure: Fast-growing independent insurance brokerage that built scale through aggressive agency roll-ups — a direct strategic analogue to MAI Risk Advisors' tuck-in M&A approach (e.g., the 2025 SMART acquisition).
- Confie: Independent insurance agency roll-up focused on personal lines (auto/home) with multi-state retail office locations. Direct structural analogue to MAI Risk Advisors' distributed-office independent agency model.
- Hub International: Large North American independent insurance brokerage operating under a partner-ownership model. Highly comparable to MAI Risk Advisors in independent agency structure and multi-line offering (personal, commercial, benefits), though at vastly greater scale.
- NFP (an Aon company): Independent insurance brokerage and benefits advisor with similar multi-line offering and regional office structure. Comparable go-to-market for personal, commercial, and group benefits across the eastern US.
- OneDigital: Independent insurance and employee benefits firm with strong Southeast US presence. Directly comparable in its mix of personal, commercial, and employee benefits brokerage for SMB and mid-market clients.
Broad incumbents
- Arthur J. Gallagher & Co. Top-5 global insurance brokerage. Overlaps MAI Risk Advisors across all three product lines but operates at massive scale with risk management consulting, claims management, and consulting practices well beyond the scope of a regional independent agency.
- Erie Insurance: Regional mutual carrier with strong Mid-Atlantic and Southeast footprint. Competes for personal and commercial insurance clients in the same geography as MAI Risk Advisors through its own captive agency network.
- State Farm: Largest US personal lines carrier operating through captive agent offices. Competes for the same personal insurance clients as MAI Risk Advisors but via exclusive, direct carrier model rather than independent brokerage.
- Marsh McLennan Agency: Middle-market and specialty brokerage arm of Marsh McLennan. Comparable in serving commercial and personal lines clients but with substantially broader resources, carrier leverage, and consulting capability.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
MAI Risk Advisors social profiles
Digital presenceMAI Risk Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
MAI Risk Advisors leadership team
Management profileNumber of profiles
Profiles2 records
MAI Risk Advisors subsidiaries and ownership
Company hierarchySubsidiaries2 records
MAI Risk Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MAI Risk Advisors 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 MAI Risk Advisors
What does MAI Risk Advisors do?
MAI Risk Advisors is an independent insurance brokerage that places Personal Insurance, Business Insurance, and Employee Benefits coverage for clients through multiple top-rated national and regional insurance carriers. Operating as an office location within Main Street Insurance Group, the agency delivers a concierge-style client experience focused on informed coverage decisions across the Southeastern United States.
Is MAI Risk Advisors a public or private company?
MAI Risk Advisors is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MAI Risk Advisors founded?
MAI Risk Advisors was founded in -1. It employs 1 to 10 people.
Where is MAI Risk Advisors based?
MAI Risk Advisors is headquartered in Augusta, United States, in the North America region.
Who are MAI Risk Advisors's main competitors?
Direct peers on record are Brown & Brown, Acrisure, Confie, Hub International, NFP (an Aon company) and OneDigital. Broad incumbents are Arthur J. Gallagher & Co., Erie Insurance, State Farm and Marsh McLennan Agency.
Does MAI Risk Advisors have an API?
No public API is recorded for MAI Risk Advisors.
What industry is MAI Risk Advisors in?
MAI Risk Advisors's product category is Independent Insurance Brokerage. Its primary akta.pro industry code is FSAEADAG, Risk Management Consulting (Enterprise & Operational Risk). Its NAICS code is 524210 and its SIC code is 6411.