U.s. Marine Insurance Group
U.S. Marine Insurance Group is a specialty Managing General Agent underwriting inland marine, transportation, supply chain, construction, and equipment-floater insurance through independent brokers in 48 U.S. states, backed by A-rated carrier partners Allianz, Argo, AXA, and Markel.
- Company typePrivate
- Founded2015
- HeadquartersPonte Vedra Beach, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What U.s. Marine Insurance Group does
U.S. Marine Insurance Group (USMIG) is a specialty Managing General Agent (MGA) founded in 2015 and headquartered in Ponte Vedra, Florida. The company underwrites and distributes inland marine, transportation, supply chain, construction, and equipment-related commercial insurance through independent retail brokers and agents, operating with delegated underwriting authority in 48 U.S. states. USMIG is privately held and founder-led by Joe DiPaola, with a team of approximately 30 specialists spanning underwriting, claims, and operations.
The product portfolio covers six core lines: Transportation & Supply Chain, Equipment & Floater, Instrumentalities, Property, Construction, and Freight Broker Commercial Auto Liability. Underwriting capacity is provided through delegated authority from a panel of A-rated carrier partners — Allianz, Argo, AXA, and Markel — with Allianz additionally handling claims administration on bound policies. USMIG functions as a wholesale intermediary, binding coverage, administering policies, and coordinating claims on behalf of its carrier partners while sourcing submissions through independent brokers.
The business model is commission-based: USMIG earns MGA commission income on premium placed with carrier partners, with revenue mechanics typical of delegated-authority wholesale distributors. No proprietary technology platform, AI capabilities, external funding history, or M&A activity is disclosed in the available materials. The competitive basis rests on underwriting expertise, broker relationships, multi-state licensing, and carrier panel access rather than technology differentiation.
U.s. Marine Insurance Group firmographics
Firmographics- Name
- U.s. Marine Insurance Group
- Legal name
- U.S. Marine Insurance Group
- Website
- https://usmig.net
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- U.S. Marine Insurance Group is a specialty Managing General Agent underwriting inland marine, transportation, supply chain, construction, and equipment-floater insurance through independent brokers in 48 U.S. states, backed by A-rated carrier partners Allianz, Argo, AXA, and Markel.
- Ownership category
- akta.pro rank
U.s. Marine Insurance Group industry classification
Industry- Product category
- Specialty Inland Marine Insurance
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Carriers and Related Activities (524), Direct Property and Casualty Insurance Carriers (524126)
- SIC
- Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industries
- Inland Marine Insurance (Transit, Equipment & Installation) (FSAJAHAB), Inland Marine / Personal Articles & Valuable Items Insurance (FSAJACAJ), Motor Truck Cargo & Inland Marine (Goods-in-Transit) (TLABANAD)
Keywords
Where U.s. Marine Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Ponte Vedra Beach
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
U.s. Marine Insurance Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance MGA Commission Revenue: As a Managing General Agent, USMIG earns commissions from insurance carriers (Allianz, Argo, AXA, Markel) for underwriting and placing insurance business on their behalf. They have total underwriting authority through limited access programs backed by A-rated or better insurers.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
U.s. Marine Insurance Group product offering
Product offeringCore offering
U.S. Marine Insurance Group is a specialty Managing General Agent (MGA) that underwrites and distributes inland marine and commercial property insurance solutions. Operating with total underwriting authority through limited access programs backed by A-rated or better insurers (Allianz, Argo, AXA, Markel), USMIG delivers coverage for transportation and supply chain exposures, mobile and specialty equipment, transportation/communication infrastructure, business property, construction projects, and freight broker commercial auto liability, distributed exclusively through independent insurance brokers and agents.
Product overview
U.S. Marine Insurance Group (USMIG) is a specialty MGA (Managing General Agent) focused on inland marine and commercial property insurance, built on a legacy of marine underwriting excellence since 2015. The company offers a portfolio of six core insurance products: Transportation & Supply Chain (covering goods and logistics across the supply chain), Equipment & Floater (protecting mobile and specialty property), Instrumentalities of Transportation & Communication (infrastructure coverage), Property (business personal property and real property), Construction (including Contractor's Equipment, Builder's Risk, and Installation/Rigging), and Freight Broker Commercial Auto Liability. USMIG operates with total underwriting authority through limited access programs and is backed by A-rated or better insurers including Allianz, Argo, AXA, and Markel.
Differentiator
Problem solved
Functional benefit
Products and services
- Transportation & Supply Chain Comprehensive insurance coverage for transportation and logistics participants including shippers, carriers, freight forwarders, brokers, and warehouse operators, covering goods across the supply chain worldwide during transit, storage, installation, processing, rigging, or exhibition.
- Equipment & Floater Specialty property coverage protecting diverse assets including technology systems, entertainment equipment, mobile property, medical equipment, contractor's equipment, fine art, animals, and exhibition property on an all-risk basis.
- Instrumentalities of Transportation & Communication Infrastructure coverage protecting transportation and communication assets including bridges, roads, railways, ports, pipelines, loading equipment, vehicles, drones, vessels, and data systems.
- Property Insurance coverage for business personal property (equipment, inventory, furniture, electronics) and real property, offering multiple settlement methods and optional coverage extensions for income loss and equipment breakdown.
- Construction Multi-product construction insurance including Contractor's Equipment (physical damage and optional coverages), Builder's Risk (buildings during construction), and Installation and Rigging coverage for contractors.
- Freight Broker Commercial Auto Liability Automobile liability coverage designed for freight broker operations under FMCSA authority, covering damages from motor carrier accidents involving properly hired, licensed carriers for bodily injury and third-party property damage.
Companies that use U.s. Marine Insurance Group
Customer profileSegments6 records
Ideal customer profiles6 records
U.s. Marine Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
U.s. Marine Insurance Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- AllianzcorePrimary insurance carrier partner providing direct bill capabilities and claims handling agreement. USMIG has a claims handling agreement with Allianz as their carrier. Policyholders can pay directly through Allianz using DirectBiller.
- ArgocoreInsurance carrier partner backed by A-rated or better insurers delivering strength, stability and trust for USMIG's insurance programs.
- AXAcoreInsurance carrier partner backed by A-rated or better insurers delivering strength, stability and trust for USMIG's insurance programs.
- MarkelcoreInsurance carrier partner backed by A-rated or better insurers delivering strength, stability and trust for USMIG's insurance programs.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
U.s. Marine Insurance Group competitors and assessment
Company assessmentDirect peers
- RPS (Risk Placement Services): Large specialty MGA/wholesale brokerage placing transportation, inland marine, and commercial property risks via retail agents; competes head-to-head with USMIG for similar broker-submitted business.
- NSM Insurance Group: Specialty program administrator/MGA with deep inland marine and transportation-related programs, structured similarly to USMIG as a niche carrier-backed underwriting and program platform.
- Brown & Riding: Specialty wholesale broker with established inland marine and commercial property practices, competing for similar broker-submitted complex risks as USMIG.
- Worldwide Facilities: Specialty MGA/wholesale distributor with inland marine, transportation, and commercial property programs, structured as a carrier-backed underwriting platform comparable to USMIG.
- Amwins Specialty: Specialty MGA and wholesale broker with multi-product capabilities including inland marine, transportation, and commercial property — comparable in distribution model and product breadth to USMIG.
- CRC Group: Wholesale specialty insurance distributor and MGA with inland marine and commercial property placements, distributing through independent retail agents in a similar broker-channel model to USMIG.
- Burns & Wilcox: One of the largest U.S. specialty MGAs and wholesale brokers, distributing complex commercial and inland marine risks through independent agents — directly comparable to USMIG's specialty MGA model.
Broad incumbents
- Tokio Marine HCC: Large specialty insurer with deep marine, inland marine, and commercial property practices — a broader incumbent that serves similar insureds and competes with USMIG's specialist MGA distribution.
- Markel Insurance: Specialty insurer with a major inland marine practice and one of USMIG's four carrier partners; sits alongside the MGA as an underwriter of specialty marine and commercial property risks.
Emerging players
- High Street Insurance Partners: Specialty insurance platform combining agency, wholesale, and program/MGA-style capabilities across commercial lines; an emerging consolidator operating in adjacent parts of USMIG's specialty distribution value chain.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
U.s. Marine Insurance Group social profiles
Digital presenceU.s. Marine Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
U.s. Marine Insurance Group leadership team
Management profileNumber of profiles
Profiles11 records
U.s. Marine Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
U.s. Marine 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 U.s. Marine Insurance Group
What does U.s. Marine Insurance Group do?
U.S. Marine Insurance Group is a specialty Managing General Agent (MGA) that underwrites and distributes inland marine and commercial property insurance solutions. Operating with total underwriting authority through limited access programs backed by A-rated or better insurers (Allianz, Argo, AXA, Markel), USMIG delivers coverage for transportation and supply chain exposures, mobile and specialty equipment, transportation/communication infrastructure, business property, construction projects, and freight broker commercial auto liability, distributed exclusively through independent insurance brokers and agents.
Is U.s. Marine Insurance Group a public or private company?
U.s. Marine Insurance Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was U.s. Marine Insurance Group founded?
U.s. Marine Insurance Group was founded in 2015. It employs 1 to 10 people.
Where is U.s. Marine Insurance Group based?
U.s. Marine Insurance Group is headquartered in Ponte Vedra Beach, United States, in the North America region.
How does U.s. Marine Insurance Group make money?
One revenue line is on record: insurance MGA Commission Revenue.
Who are U.s. Marine Insurance Group's main competitors?
Direct peers on record are RPS (Risk Placement Services), NSM Insurance Group, Brown & Riding, Worldwide Facilities, Amwins Specialty, CRC Group and Burns & Wilcox. Broad incumbents are Tokio Marine HCC and Markel Insurance. High Street Insurance Partners is listed as an emerging player.
Does U.s. Marine Insurance Group have an API?
No public API is recorded for U.s. Marine Insurance Group.
What industry is U.s. Marine Insurance Group in?
U.s. Marine Insurance Group's product category is Specialty Inland Marine Insurance. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services, with a secondary code of FSAJAHAB, Inland Marine Insurance (Transit, Equipment & Installation). Its NAICS code is 52421 and its SIC code is 6411.