Striior Insurance Solutions

What Striior Insurance Solutions does

Striior Insurance Solutions is a managing general agent (MGA) that underwrites and distributes builder's risk insurance in North America, focused on middle-market wood frame construction across residential, commercial, and institutional occupancies. Founded in 2015, the company is headquartered in Naperville, Illinois, with a Canadian regional office in Toronto, Ontario, and operates with approximately 50 employees. It is wholly owned by Intact Insurance Specialty Solutions, the marketing brand for Intact Financial Corporation's North American insurance subsidiaries — Intact being the largest property & casualty insurer in Canada — and partners only with carriers rated A or better by A.M. Best.

The company offers a fully customizable product suite that includes 100% and quota share policies (written as lead or follow market), primary and excess layers, single-peril and Difference in Conditions (DIC) layers, deductible buydowns, and Master Builder's Risk programs for well-qualified developers and general contractors. Its distribution is exclusive to domestic wholesalers across the USA and Canada, and it accepts both ground-up and renovation projects (excluding existing structure values). The underlying technology is described as an underwriting platform that applies emerging technologies to streamline the underwriting workflow and optimize risk selection, with internal product and digital roles supporting ongoing platform development; however, no specific AI/ML systems, data assets, or proprietary models are publicly disclosed.

Striior generates revenue through insurance premiums on builder's risk policies it underwrites as an MGA, with a subscription-style recurring model tied to project coverage. Pricing is quote-based and tailored to individual risk profiles rather than publicly disclosed. Customer acquisition flows through wholesale brokers who submit risks on behalf of middle-market developers and general contractors, and the company emphasizes long-term partnership orientation, fast and consistent underwriting, and end-to-end service from underwriting through claims as its core value proposition.

Name

Striior Insurance Solutions

Legal name

Striior Insurance Solutions LLC

Website

https://striior.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Striior Insurance Solutions is a managing general agent underwriting builder's risk insurance for middle-market wood frame construction in North America, distributing exclusively through domestic wholesalers as a subsidiary of Intact Financial Corporation.

Ownership category

akta.pro rank

Product category

Specialty Builder's Risk Insurance

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Insurance Carriers (5241)

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 industry

Builders Risk / Course of Construction Insurance (FSAJACAF)

Keywords

• Builder's risk insurance
• Managing general agent
• Construction insurance underwriting
• Wood frame specialty insurance
• Wholesale insurance distribution

Headquarters

HQ city

Naperville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premium Revenue: As a managing general agent (MGA), Striior earns revenue through insurance premiums collected on builder's risk policies they underwrite. They write policies as lead or follow market, accepting both 100% and quota share arrangements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Striior Insurance Solutions is a managing general agent (MGA) that underwrites builder's risk insurance in North America with a focus on middle market wood frame construction. Its fully customizable product suite includes 100% and quota share policies (lead or follow market), primary and excess layers, single-peril and Difference in Conditions (DIC) layers, deductible buydowns, and Master Builder's Risk programs targeting residential, commercial, and institutional occupancies (ground-up and renovation projects). Distribution is exclusive to domestic wholesalers.

Product overview

Striior Insurance Solutions offers a fully customizable suite of builder's risk insurance products in North America, with a focus on middle market wood frame business. Their product portfolio comprises 100% and quota share policies (written as lead or follow market), primary and excess layers, single-peril and Difference in Conditions (DIC) layers, deductible buydowns, and Master Builder's Risk programs for well-qualified developers and general contractors. The offering is distributed exclusively through domestic wholesalers and targets residential, commercial, and institutional occupancies, covering both ground-up and renovation projects. The products are designed to be modular and customizable to fit various risk management needs.

Differentiator

Problem solved

Functional benefit

Products and services

• 100% and Quota Share Policies Builder's risk insurance policies offered at 100% or quota share participation, written as either lead or follow market coverage for middle market wood frame construction projects (residential, commercial, and institutional occupancies). Distributed exclusively through domestic wholesalers.
• Primary and Excess Layer Coverage Builder's risk insurance structured in primary and excess layer configurations to address varying risk tolerance levels for middle market wood frame construction projects.
• Single-Peril and DIC Layer Coverage Single-peril coverage and Difference in Conditions (DIC) layers providing targeted protection against specific risks beyond standard policy coverage on middle market wood frame construction projects.
• Deductible Buydown Coverage Coverage options that reduce or buy down policy deductibles to minimize out-of-pocket costs for policyholders on builder's risk construction projects.
• Master Builder's Risk Programs Comprehensive builder's risk programs designed for well-qualified developers and general contractors, providing consolidated coverage across multiple middle market wood frame construction projects.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Intact Insurance Specialty SolutionscoreOthersStriior is a managing general agent (MGA) that is part of Intact Insurance Specialty Solutions, the marketing brand for Intact Financial Corporation's North American insurance company subsidiaries. This provides Striior with the financial strength backing of the largest property & casualty insurer in Canada.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• National Builders Insurance: Specialty builder's risk carrier focused on residential and light commercial construction risks in the U.S. Closely comparable to Striior in product line, construction-only focus, and middle-market positioning.
• IAT Insurance Group: Specialty carrier writing builder's risk and construction-related coverages, frequently through program/MGA structures. Comparable to Striior in middle-market builder's risk focus and wholesaler-driven distribution.
• Markel: Specialty insurer with construction and builder's risk programs targeting middle-market and complex risks. Comparable in specialty positioning, configurable product architecture, and partnership-driven underwriting style.
• Crum & Forster: Specialty P&C insurer that underwrites builder's risk and construction-related property lines through its own MGA and program-administration capabilities. Highly comparable to Striior in product scope (builder's risk, course of construction) and specialty distribution model.

Emerging players

• Accelerant: MGA-enablement platform serving specialty program administrators including construction-focused MGAs. Comparable as an operating model for data-driven, technology-forward MGAs distributing through wholesale channels.

Broad incumbents

• AXA XL: Global specialty P&C insurer with construction and builders risk capabilities. Competes in middle-market and large construction accounts with a broader specialty portfolio than Striior.
• Travelers: Large diversified P&C carrier with a builders risk / course of construction practice within its Construction segment. Comparable as a competitor for the same middle-market builder's risk accounts but operates at much broader scale.
• QBE North America: Specialty-led P&C carrier offering builders risk and construction property lines across North America. Comparable in specialty orientation and wholesaler relationships, though at larger scale.
• Zurich North America: Large multi-line P&C insurer with construction and builders risk products distributed through brokers and wholesalers. Competes with Striior in middle-market construction accounts but offers a wider portfolio.
• Liberty Mutual Insurance: Major P&C carrier offering builders risk and construction property coverage across the U.S. and Canada. Overlaps with Striior in builder's risk but serves a much broader set of commercial and personal lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/striior

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Striior Insurance Solutions