mcgowanprograms.com

What mcgowanprograms.com does

McGowan Program Administrators (MPA), founded in 1954 and headquartered in Fairview Park, Ohio, is a Managing General Underwriter and Program Manager that designs, administers, and markets highly specialized insurance programs on behalf of A.M. Best 'A' to 'A+' rated admitted-paper carriers. Operating as part of The McGowan Companies, a family-controlled conglomerate led by CEO Thomas B. McGowan IV, COO Laura McGowan, and CFO Mary C. Juliano (CPA), MPA distributes exclusively through an open-brokerage model with 5 regional sales managers and dedicated program managers covering all 50 states.

The product portfolio spans 13+ niche verticals, including Crisis Management/Active Shooter & Workplace Violence, Terrorism and Political Violence, Community Association (umbrella, package, single-family HOA, crime, D&O, cyber, special event), Real Estate (umbrella, habitational), Professional Liability (CPAOnePro for accountants, real estate appraisers, lawyers, property managers, real estate agents/brokers), Amusement & Entertainment, McDonald's Franchise Package, Restaurant/Bars/Taverns, Franchise & Affinity Group (cyber, EPLI, workers comp), Youth Sports, Workers' Compensation, Trichome™ Cannabis, Cyber Liability (S-Middle Market and Excess), and Healthcare Facilities PL/GL. The company's proprietary brands Trichome™ and CPAOnePro™ anchor its specialization in cannabis and accountant professional liability, respectively. Underwriting, claims administration, and risk management services (e.g., loss prevention hotlines, CE-credit webinars) are delivered by credentialed specialists with designations including CIRMS, PCAL Fellow, MLIS, CIC, CRM, API, J.D., M.B.A., and CPA.

MPA generates revenue through program administration fees on premium volume and brokerage commissions on policies placed with carrier partners. Distribution is exclusively indirect via appointed retail brokers (requiring $1MM E&O liability, brokerage agreements, W-9, and P&C licenses), supplemented by strategic anchor partnerships with McDonald's Corporation, Community Associations Institute (CAI), NYC Hospitality Alliance, and NYPD. The company has executed two acquisitions (NAPLIA in April 2017 and Edgewater Holdings in February 2019) and reports 6 decades of continuous program business. There is no public revenue disclosure and no disclosed external institutional funding, consistent with private family ownership.

Name

mcgowanprograms.com

Legal name

McGowan Program Administrators

Website

https://mcgowanprograms.com

Company type

Private

Founded year

1954

Operating status

Operating

Short description

McGowan Program Administrators is a family-owned Managing General Underwriter founded in 1954 that designs, administers, and markets specialized insurance programs across 13+ niche verticals (cannabis, community associations, accountants, restaurants, cyber, and more) through retail brokers in all 50 states on A-rated admitted paper.

Ownership category

akta.pro rank

Product category

Specialty Insurance Program Administration

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Specialty insurance programs
• Managing general underwriting
• Program administration
• Niche insurance markets
• Professional liability coverage

Headquarters

HQ city

Fairview Park

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, Infrastructure, Others

Revenue model

1. Program Administrator Fees: McGowan Program Administrators operates as a Managing General Underwriter and Program Manager that designs, administers, and markets highly-specialized insurance programs. Revenue is generated through program administration fees from insurance carriers and brokers for managing insurance programs across various niche verticals.
2. Insurance Premiums: Earns commissions and fees on insurance premiums written through their specialized programs. Programs are offered on 'A' Rated, Admitted Paper and are available in all 50 states. The company acts as America's leading writer of innovative insurance programs.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

McGowan Program Administrators (MPA) is a Managing General Underwriter and Program Manager that designs, administers, and markets highly-specialized insurance programs on A.M. Best "A" Rated, Admitted Paper across all 50 U.S. states. The company offers more than a dozen niche insurance verticals including community associations, real estate, professional liability, cannabis, cyber, restaurants, amusement/entertainment, youth sports, workers' compensation, and crisis management/active shooter coverage. Products are distributed exclusively through appointed retail brokers using an open-brokerage model with no premium or volume requirements.

Product overview

McGowan Program Administrators (MPA) is America's leading writer of innovative insurance programs and a Managing General Underwriter/Program Manager that designs, administers, and markets highly-specialized insurance programs. The portfolio consists of 13+ distinct insurance product lines: Crisis Management/Active Shooter & Workplace Violence Insurance (covering victim benefits, liability, and business interruption); Community Association Insurance (offering umbrella, package, single-family HOA, crime, D&O, cyber liability, and special event sub-products); Real Estate Insurance (umbrella and habitational programs); Professional Liability Insurance (including CPAOnePro for accountants, real estate appraisers, lawyers, property managers, and real estate agents/brokers E&O); Amusement & Entertainment Insurance; McDonald's Franchise Package Insurance; Restaurant Insurance; Franchise & Affinity Group Insurance (cyber, EPLI, workers compensation); Youth Sports Event Cancellation Insurance; Workers' Compensation Insurance; Trichome Cannabis Insurance; Cyber Liability Insurance (standard and excess programs); and Healthcare Facilities Professional Liability. These products are available exclusively through appointed brokers on A.M. Best "A" Rated, Admitted Paper carriers across all 50 states.

Differentiator

Problem solved

Functional benefit

Brands

• CPAOnePro: Professional liability insurance program designed for public accounting firms nationwide.
• Trichome

Products and services

• Crisis Management (Active Shooter & Workplace Violence) Insurance
• Terrorism and Political Violence Insurance
• Community Association Umbrella Insurance
• Single-Family HOA Insurance
• Community Association Crime/Fidelity Insurance
• Community Association Directors & Officers Insurance
• Community Association Cyber Liability & Data Breach Insurance
• Real Estate Umbrella Insurance
• Habitational Program Insurance
• CPAOnePro Accountants E&O Insurance
• Real Estate Appraisers E&O Insurance
• Lawyers Professional Liability Insurance
• Property Managers Insurance
• Real Estate Agents & Brokers E&O Insurance
• Amusement & Entertainment Insurance
• McGowan Package Insurance Program for McDonald's Franchisees
• Restaurant, Bars & Taverns Insurance
• Workers' Compensation Insurance
• Trichome Cannabis Insurance
• S-Middle Market Cyber Liability Program
• Excess Cyber Liability Insurance
• Healthcare Facilities Professional Liability & General Liability Program
• Comprehensive Youth Sports Insurance Program

Quantifiable outcome

• Over 6 decades of program business experience since mid-1950s
• +2 more outcomes

Named customers1 record

Segments14 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered minor, major and core.

• Edgewater Holdings, Ltd.minorOthers · 26 February 2019The McGowan Companies purchased the assets of Edgewater Holdings, Ltd. in February 2019. This acquisition expanded McGowan's capabilities and market presence.
• New York Police Department (NYPD)majorStrategic or Co-development Partner · 15 December 2017McGowan Program Administrators and the NYC Hospitality Alliance partnered with the NYPD to prepare restaurant, nightlife, and hotel operators for workplace violence and safety situations through training programs and insurance solutions.
• New York City Hospitality AlliancecoreStrategic or Co-development Partner · 4 October 2017McGowan Program Administrators and the New York City Hospitality Alliance signed an agreement for McGowan to become the Exclusive Program Administrator. The partnership prepared restaurant, nightlife, and hotel operators for workplace safety with NYPD partnership component for training and preparedness.
• North American Professional Liability Insurance Agency, LLC (NAPLIA)minorOthers · 1 April 2017The McGowan Companies purchased the assets of NAPLIA effective April 2017. This acquisition expanded McGowan's professional liability insurance capabilities.
• Community Associations Institute (CAI)coreGTM or Marketing PartnerCAI has partnered with McGowan Program Administrators to offer members exclusive access to Directors & Officers (D&O) and Employment Practices Liability Insurance (EPLI). CAI member discounts available for new D&O/EPLI policies under specific conditions including CAI member associations, credentialed community managers (AMS, PCAM, LSM, AAMC), CIRMS credentialed insurance professionals, and associations with CAI RS Reserve Specialists.
• McDonald's CorporationcoreStrategic or Co-development PartnerMcGowan is an approved Package Insurance Program provider for McDonald's franchisees. Franchisees complete applications through the McDonald's portal (AccessOrma.com) and select McGowan as their broker. McGowan provides comprehensive insurance coverage for McDonald's restaurants including property, liability, and risk management.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Brown & Riding: Brown & Riding is a specialty wholesale broker and program manager with binding authority across property, casualty, professional, and habitational lines. Comparable to McGowan in specialty program structure, broker appointment model, and admitted-paper delivery in overlapping niche verticals.
• Amwins: Amwins is one of the largest specialty insurance distributors and program administrators in the US, operating across P&C, professional, and excess lines with deep binding authority relationships. Comparable to McGowan in program administration economics, broker-driven GTM, and specialty vertical specialization, though at substantially greater scale.
• Burns & Wilcox: Burns & Wilcox is a national specialty insurance wholesale distributor and program manager with extensive binding authority across niche verticals including real estate, professional liability, and habitational. Directly comparable to McGowan in specialty MGU/wholesale model with broker-appointment distribution.
• Worldwide Facilities: Worldwide Facilities is a national wholesale insurance broker and program administrator with deep expertise in habitational, real estate, and community association verticals. Comparable to McGowan through similar niche MGU/program administration approach in overlapping verticals like community associations and real estate umbrella.
• NSM Insurance Group: NSM is a specialty program manager and MGU focused on niche verticals including habitational, collectors, and professional services. Highly comparable to McGowan in operating model (program design/administration, broker distribution, admitted paper) and target verticals including real estate and habitational risks.
• RPS (Risk Placement Services): RPS is one of the largest US Managing General Underwriters and program administrators, operating dozens of specialty programs across P&C, professional, and excess lines. Directly comparable to McGowan as a specialty MGU/Program Manager with multi-vertical book, open-broker distribution, and admitted-paper program structures, though RPS is significantly larger and PE-backed.
• CRC Insurance Services: CRC is a major US specialty wholesale broker and program manager operating binding authority and program business across niche verticals. Comparable to McGowan through its specialty program administration model, multi-vertical approach, and broker-driven distribution; CRC operates at much larger scale and is part of the TIH Insurance Holdings group.
• Jencap Specialty Insurance Services: Jencap is a national MGU/program manager and wholesale broker focused on commercial and specialty lines including habitational, real estate, and community association risks. Directly comparable to McGowan in specialty program administration model with broker distribution channels.

Broad incumbents

• IAT Insurance Group: IAT is a specialty P&C insurance carrier that operates as both a direct writer and program administrator across niche verticals including habitational, commercial package, and community association lines. Comparable to McGowan in carrying risk on specialty programs with binding authority, though IAT retains balance-sheet risk as a carrier rather than acting purely as a program administrator.
• Hiscox Insurance: Hiscox is a global specialty insurer with a US MGU operation offering professional liability, cyber, and small commercial programs through broker distribution. Comparable to McGowan in specialty underwriting and broker-distributed program delivery, though at significantly greater scale and with international balance-sheet capacity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/thinkmcgowan
• YouTubeyoutube.com/user/mcgowan20595
• Facebookfacebook.com/THINKMCGOWAN
• LinkedInlinkedin.com/company/the-mcgowan-companies

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 mcgowanprograms.com