What Boyle Insurance Agency does

Boyle Insurance Agency, Inc. is an independent insurance agency headquartered in Memphis, Tennessee, founded in 1933 by B. Snowden Boyle, J. Bayard Boyle, and Charles Boyle as Boyle Investment Company before pivoting to insurance operations after World War II. The firm serves businesses, families, and private clients across Tennessee, Mississippi, and 40+ states through three physical offices (Memphis, Brentwood, Jackson) and remote consultation channels. Its product portfolio spans three business units: Business Insurance (general liability, property, workers' compensation, commercial auto, cyber liability, professional liability, plus 20+ industry-specific programs including Senior Care, Legal Professional, Financial Institution, Contractor, and Non-Profit verticals); Personal Insurance (home, auto, life, umbrella, high net worth); and Employee Benefits (group health, dental, vision, disability, voluntary benefits, 401(k)).

The agency operates as a broker, earning commissions from 50+ insurance carriers it represents (including Erie, AIG, Allstate, Chubb, Hartford, Liberty Mutual, Nationwide, Progressive, and Travelers), with no proprietary underwriting technology disclosed. Its technology footprint is limited to a website with quote request forms, a 24/7 client self-service portal for claims, certificates, ID cards, billing, and policy changes, and a Facebook presence; sales are relationship-led through licensed insurance advisors rather than self-service or product-led. Additional professional services include risk management, claim supervision, employee benefits planning, and replacement cost appraisal.

The business model is commission-based on new business and renewals, with quote-based pricing that varies by coverage, client risk profile, and selected carrier. Boyle is privately held under family ownership with no disclosed institutional investors, has roughly 20+ insurance professionals on staff, and is led by President Ron Gant (who also serves in the Tennessee House of Representatives) and Vice President Jeff Puckett, supported by specialized VPs for personal lines, commercial lines, and operations. In 2016 the agency was recognized as Insurance Agency of the Year by the Professional Insurance Agents of Tennessee.

Name

Boyle Insurance Agency

Legal name

Boyle Insurance Agency, Inc.

Website

https://boyleinsuranceagency.com

Company type

Private

Founded year

1933

Operating status

Operating

Headcount range

11–50 employees

Short description

Independent insurance agency founded in 1933, serving businesses, families, and private clients across Tennessee, Mississippi, and 40+ states through three offices, offering business, personal, and employee benefits insurance via 50+ carrier partnerships.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

akta.pro secondary industry

Individual Health Insurance Brokerage & Distribution (FSAIAEAL)

Keywords

• Independent insurance agency
• Business insurance solutions
• Personal insurance coverage
• Employee benefits brokerage
• Commercial risk management

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Commission Revenue: Generates revenue through commissions paid by insurance carriers for policies placed on behalf of clients. As an independent agency representing 50+ insurance companies, they earn commissions on new business and renewals.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Boyle Insurance Agency is an independent insurance brokerage that places personal, commercial, and employee benefits insurance policies on behalf of clients through more than 50 insurance carriers. It also delivers risk management, claim supervision, benefits planning, and replacement cost appraisal as professional services, supported by a 24/7 online client center for policy servicing.

Product overview

Boyle Insurance Agency is an independent insurance agency offering a comprehensive portfolio of insurance products and professional services organized into three core categories: Business Insurance, Personal Insurance, and Employee Benefits. The Business Insurance division provides general coverage (liability, property, workers' compensation, cyber) and specialized industry-specific programs (Senior Care Facility, Legal Professional, Financial Institution, Contractor, Non-Profit, and 20+ other verticals). Personal Insurance includes home, auto, life, umbrella, and High Net Worth Insurance for affluent clients with customized policies. Employee Benefits covers group health, dental, vision, disability, life, 401(k), and voluntary benefits. The agency also offers professional services including risk management, claim supervision, and replacement cost appraisal. All products are delivered through a network of 50+ insurance carrier partners, with a 24/7 Client Center providing online policy management, claims reporting, and billing services.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Insurance Comprehensive coverage and risk management solutions for companies of all sizes, including general liability, property, workers' compensation, commercial auto, umbrella, cyber liability, and professional liability.
• Specialized Business Insurance by Industry Industry-specific insurance programs including Senior Care Facility, Legal Professional, Financial Institution, Contractor, Non-Profit, and 20+ other industry verticals.
• Personal Insurance Insurance solutions for individuals and families including home, auto, life, umbrella, and high net worth coverage.
• High Net Worth Insurance Customized policy for clients with large assets, combining coverage for homes, vehicles, travel, and life insurance tailored to individual lifestyles.
• Home Insurance Homeowners coverage protecting against fire, property damage, water backup, and flood, with options for replacement cost and valuable possessions.
• Auto Insurance Vehicle protection covering bodily injury, property damage, medical payments, uninsured motorist coverage, and physical damage with optional add-ons like rental coverage.
• Individual Life Insurance Term, whole, and universal life insurance solutions providing financial security for families through coverage for mortgage, income replacement, and funeral costs.
• Umbrella Insurance Extra liability layer supplementing auto and homeowners policies, providing additional protection when standard coverage limits are exhausted.
• Employee Benefits Comprehensive employer benefits including group health, dental, vision, disability, life insurance, 401(k), and voluntary benefits designed to attract and retain talent.
• Group Health Insurance Employer-sponsored health plans covering employees and dependents with tax-deductible premiums, pooling risk across the organization.
• Group Dental Insurance Employer-provided dental coverage including diagnostic, preventative, and corrective services such as cleanings, exams, fillings, and orthodontia.
• Group Vision Insurance Vision plan covering eye exams, frames, lenses, contact lenses, and safety glasses with affordable options for early detection of health conditions.
• Disability Insurance Short-term and long-term coverage protecting employees from temporary income loss due to illness or injury, paying typically 60% of salary.
• Group Voluntary Benefits Employer-sponsored program allowing employees to access medical benefits at lower group rates through payroll deduction at no cost to the employer.
• Risk Management Services Professional services including risk assessment, claim supervision, employee benefits planning, and replacement cost appraisal.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Erie InsurancecoreChannel Partner/ Reseller/ DistributorBoyle Insurance Agency is a partner agency representing Erie Insurance. They promote Erie Insurance products on their website and provide quotes for Erie coverage, highlighting Erie's long-standing commitment to service.
• Trusted ChoiceminorOthersIndependent insurance agency network providing brand support, marketing resources, and carrier access to independent agents.
• Big I (Independent Insurance Agents of America)minorOthersNational trade association for independent insurance agents providing advocacy, education, and networking resources.
• Insurors of TennesseeminorOthersState trade association for insurance agents in Tennessee providing advocacy, continuing education, and professional development.
• 50+ Insurance Carriers (AIG, Allstate, Chubb, Hartford, Liberty Mutual, Nationwide, Progressive, Travelers, etc.)coreChannel Partner/ Reseller/ DistributorAs an independent agency, Boyle represents over 50 insurance companies including major carriers like AIG, Allstate, AM Wins, AMTrust Financial, Auto-Owners, Berkley, Berkshire Hathaway, Builders Insurance, Burns & Wilcox, Chubb, CNA, Erie, Foremost, Grange, Hartford, Liberty Mutual, Markel, MetLife, Nationwide, Progressive, Selective, Travelers, and many others.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Risk Strategies Company: National specialty brokerage serving commercial and personal clients; comparable as another multi-carrier agency serving businesses and high-net-worth individuals.
• Heffernan Insurance Brokers: Independent brokerage offering commercial, personal, and benefits products to businesses and individuals; operates on a similar multi-carrier, advisor-led model to Boyle.
• Relation Insurance Services: Mid-market independent insurance brokerage offering commercial, personal, and employee benefits through multiple carrier appointments — directly comparable to Boyle's product mix and agency model, with broader geographic reach.
• Insurica Insurance Management Network: Independent insurance agency network providing commercial, personal and benefits coverage through multiple carriers; overlap with Boyle in serving business and individual clients via brokerage arrangements.
• The Hilb Group: Independent insurance and benefits brokerage built via regional acquisitions; closely matches Boyle's commercial/personal/benefits portfolio and carrier-representation model.
• Brown & Riding Insurance Services: Specialty insurance brokerage delivering commercial and personal coverage solutions across multiple carrier partners; comparable independent-agency model with emphasis on advisory placement.
• IMA Financial Group: Independent insurance brokerage providing commercial, personal, and benefits solutions across multiple regions; similar independent-agency structure and broad carrier representation make it a direct comparable.

Broad incumbents

• Acrisure: One of the largest independent insurance brokerages in the U.S. with a broad product portfolio including commercial, personal and benefits lines; competes with Boyle for the same customer profiles but at vastly larger scale.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm providing commercial, personal and benefits products through multiple carrier relationships; much larger incumbent that overlaps with Boyle in the regional brokerage segment.

Others

• Trusted Choice: Network/brand association for independent insurance agents that provides marketing, carrier access and consumer referrals; Boyle is a member and benefits from similar affiliation-driven lead flow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/boyle.insurance
• Xx.com/boyleinsurance
• LinkedInlinkedin.com/company/boyleinsuranceagency

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 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 Boyle Insurance Agency