covenant benefits and insurance specialists
Covenant Benefits and Insurance Specialists is a privately held independent insurance agency founded in 2019 in Arkoma, Oklahoma, licensed in Arkansas, Oklahoma, Texas, and Missouri to sell health, life, dental, vision, disability, and supplemental insurance through multiple carrier partnerships.
- Company typePrivate
- Founded2019
- HeadquartersArkoma, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What covenant benefits and insurance specialists does
Covenant Benefits and Insurance Specialists is a privately held independent insurance agency founded in 2019 and headquartered in Arkoma, Oklahoma, operating under owner Bobby Parker. The agency is licensed to sell insurance across four states — Arkansas, Oklahoma, Texas, and Missouri — and serves individuals, families, and small businesses through licensed agents. Its product portfolio spans health, life, dental, vision, disability, critical illness, final expense, annuity, travel, and group benefits coverage.
The agency operates as a multi-carrier broker, holding appointments with 11 national and regional insurers including UnitedHealthcare, Blue Cross Blue Shield, Transamerica, Aflac, AIG, Mutual of Omaha, Ambetter, Cigna, Delta Dental, Oscar Health, and Molina Healthcare. This breadth allows a single agent to quote across medical, supplemental, and specialty lines. There is no proprietary technology, mobile application, CRM platform, or digital self-service channel referenced; quoting and servicing are conducted by licensed agents using carrier-supplied tools.
Revenue is generated entirely through carrier commissions on policies placed and renewed. The firm has 1–10 employees, no disclosed outside funding, no M&A history, no AI/ML capability, and no published revenue figures. The business model is a traditional relationship-driven independent brokerage with limited operational complexity and a footprint that has been broadened geographically and across product lines since founding.
covenant benefits and insurance specialists firmographics
Firmographics- Name
- covenant benefits and insurance specialists
- Legal name
- Covenant Benefits and Insurance Specialists
- Website
- https://covenantbis.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Covenant Benefits and Insurance Specialists is a privately held independent insurance agency founded in 2019 in Arkoma, Oklahoma, licensed in Arkansas, Oklahoma, Texas, and Missouri to sell health, life, dental, vision, disability, and supplemental insurance through multiple carrier partnerships.
- Ownership category
- akta.pro rank
covenant benefits and insurance specialists industry classification
Industry- Product category
- Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Employer-Sponsored Dental & Vision (Group) (FSAIAHAH)
- akta.pro secondary industries
- Group Disability Income Insurance (Employer-Sponsored) (FSAIAIAB), Voluntary/Worksite Critical Illness & Hospital Indemnity (Employee-Paid) (FSAIAKAF)
Keywords
Where covenant benefits and insurance specialists is headquartered
LocationHeadquarters
- HQ city
- Arkoma
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
covenant benefits and insurance specialists business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Insurance Commissions: Agency earns commissions from insurance carriers for policies sold. Commissions are typically a percentage of premiums paid by customers for health, life, dental, vision, disability, and other insurance products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Free insurance quotes for all product lines |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
covenant benefits and insurance specialists product offering
Product offeringCore offering
Covenant Benefits and Insurance Specialists is an independent insurance agency/brokerage that sells individual insurance products (health, life, dental, vision, disability, long-term care, critical illness, final expense, travel) and annuities, along with group benefits packages (group health, life, disability, supplemental, dental, vision) to employers. The agency represents multiple top-rated insurance carriers and earns commissions on policies placed for clients in Arkansas, Oklahoma, Texas, and Missouri.
Product overview
Covenant Benefits and Insurance Specialists offers a comprehensive portfolio of insurance products and financial services for individuals and groups across Arkansas, Oklahoma, Texas, and Missouri. The agency's product lineup includes core individual insurance products (Health, Life, Dental, Vision, Long Term Care, and Disability Insurance), supplemental coverage (Critical Illness, Travel, and Final Expense Insurance), and financial products (Annuities). For businesses, they provide Group Benefits packages encompassing health, life, disability, accident, dental, and vision coverage. The agency serves as an intermediary, connecting clients with multiple insurance carriers including United Healthcare, Blue Cross-Blue Shield, Transamerica, Aflac, AIG, and Mutual of Omaha.
Differentiator
Problem solved
Functional benefit
Products and services
- Health Insurance Health insurance coverage that provides payments for medical expenses due to sickness or injury, including coverage for accidents and disability, sold to individual consumers in Arkansas, Oklahoma, Texas, and Missouri.
- Life Insurance Insurance that pays out a sum of money on the death of the insured or after a set period, available in Term, Whole Life, Universal, and Variable Universal forms for individual consumers.
- Critical Illness Insurance Insurance product that provides a lump sum cash payment if the policyholder is diagnosed with critical illnesses such as Alzheimer's, blindness, kidney failure, or major organ transplant.
- Dental Insurance Dental coverage that pays a portion of costs associated with dental care, including Indemnity plans, DHMO, and PPO options for individuals.
- Long Term Care Insurance Insurance that covers expenses and services not covered by health insurance, Medicare, or Medicaid, including home care, assisted living, and nursing home care.
- Vision Insurance Insurance providing coverage for eye examinations and partial or full coverage for eyeglasses, sunglasses, and contact lenses.
- Disability Insurance Insurance that protects earned income against disability that creates barriers for workers to perform core job functions, including short-term and long-term disability benefits.
- Annuities Contractual investment products where individuals pay a lump-sum premium and receive fixed payments over a future period or for life, available as Immediate or Deferred Annuities.
- Final Expense Insurance Insurance policy used to pay for burial expenses and funeral services when the named insured dies, also known as burial insurance or graded life insurance.
- Travel Insurance Insurance covering medical expenses, financial default of travel suppliers, and other losses incurred while traveling, including trip cancellation and emergency evacuation.
- Group Benefits Insurance coverage for groups including Group Health Insurance, Group Life Insurance, Group Disability Insurance, Group Accident/Supplemental Insurance, and Group Dental/Vision Insurance for employers and organizations.
Companies that use covenant benefits and insurance specialists
Customer profileSegments2 records
Ideal customer profiles2 records
covenant benefits and insurance specialists technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
covenant benefits and insurance specialists partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- United HealthcarecoreMajor health insurance carrier represented by agency. Provides health insurance products to individual and group customers through the agency.
- Blue Cross Blue ShieldcoreMajor health insurance carrier represented by agency. Provides health insurance products to individual and group customers through the agency.
- TransamericacoreLife insurance and financial services carrier represented by agency. Provides life insurance and annuity products.
- AflaccoreSupplemental insurance carrier represented by agency. Provides accident, cancer, and other supplemental insurance products.
- AIGcoreMajor insurance carrier represented by agency. Provides life insurance and other insurance products.
- Mutual of OmahacoreLife insurance and health insurance carrier represented by agency. Provides life insurance, health, and supplemental insurance products.
- Ambetter InsuranceminorHealth insurance carrier listed among represented carriers for individual health coverage.
- CignaminorHealth insurance carrier listed among represented carriers for health coverage.
- Delta DentalminorDental insurance carrier listed among represented carriers for dental coverage.
- Oscar HealthminorHealth insurance carrier listed among represented carriers for individual health coverage.
- Molina HealthcareminorHealth insurance carrier listed among represented carriers for Medicaid and individual health coverage.
Scale indicators1 record
Recent moves3 records
Expansion highlights3 records
covenant benefits and insurance specialists competitors and assessment
Company assessmentBroad incumbents
- Allstate: Allstate is a major U.S. insurance carrier with a large captive agent network selling auto, home, life, and other personal insurance. Comparable as a household-name insurance competitor; offers overlapping distribution but is a carrier-led model rather than an independent brokerage.
- Farmers Insurance: Farmers Insurance operates a large captive and exclusive agent network selling personal and commercial insurance products across the U.S. Comparable to Covenant Benefits in serving individuals and small businesses with multi-line insurance, but at significant scale and with carrier-owned distribution.
- Brown & Brown: Brown & Brown is a large publicly-traded insurance brokerage and risk management firm operating across the U.S. Comparable as an insurance intermediary, but with a substantially larger footprint and heavier focus on commercial lines than an individual-focused agency like Covenant Benefits.
- State Farm: State Farm is the largest U.S. insurance carrier with a captive agent network selling personal and some commercial lines. A broad incumbent competing for the same individual and family insurance customers as Covenant Benefits, though operating as a carrier-owned captive model rather than independent.
Emerging players
- Policygenius: Policygenius is an online insurance marketplace that aggregates multiple carriers for life, disability, home, and auto coverage. Represents the digital-native distribution channel that competes with traditional independent agencies like Covenant Benefits for the same customer segment.
Direct peers
- Goosehead Insurance: Goosehead Insurance is a publicly-traded independent insurance agency that sells home, auto, life, and other personal lines through multiple carrier partners. Comparable to Covenant Benefits as an independent agency representing multiple carriers, though much larger and operating nationally.
- SelectQuote: SelectQuote is an insurance distributor that uses a multi-carrier model to sell life, auto, home, and health products to consumers through phone and online channels. Comparable in the sense of multi-carrier brokerage with a sales-led model, but at significantly larger scale and with senior-focused specialization.
- HealthMarkets: HealthMarkets is a large independent insurance agency that connects individuals, families, and small businesses with health, Medicare, life, and supplemental insurance products from multiple carriers. Directly comparable to Covenant Benefits in its multi-carrier independent agency model focused on health and ancillary products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
covenant benefits and insurance specialists social profiles
Digital presencecovenant benefits and insurance specialists financial estimates
Financial estimateRevenue estimate
Valuation estimate
covenant benefits and insurance specialists leadership team
Management profileNumber of profiles
Profiles1 record
covenant benefits and insurance specialists funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
covenant benefits and insurance specialists 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 covenant benefits and insurance specialists
What does covenant benefits and insurance specialists do?
Covenant Benefits and Insurance Specialists is an independent insurance agency/brokerage that sells individual insurance products (health, life, dental, vision, disability, long-term care, critical illness, final expense, travel) and annuities, along with group benefits packages (group health, life, disability, supplemental, dental, vision) to employers. The agency represents multiple top-rated insurance carriers and earns commissions on policies placed for clients in Arkansas, Oklahoma, Texas, and Missouri.
Is covenant benefits and insurance specialists a public or private company?
covenant benefits and insurance specialists is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was covenant benefits and insurance specialists founded?
covenant benefits and insurance specialists was founded in 2019. It employs 1 to 10 people.
Where is covenant benefits and insurance specialists based?
covenant benefits and insurance specialists is headquartered in Arkoma, United States, in the North America region.
How does covenant benefits and insurance specialists make money?
One revenue line is on record: insurance Commissions.
Who are covenant benefits and insurance specialists's main competitors?
Broad incumbents on record are Allstate, Farmers Insurance, Brown & Brown and State Farm. Policygenius is listed as an emerging player. Direct peers are Goosehead Insurance, SelectQuote and HealthMarkets.
Does covenant benefits and insurance specialists have an API?
No public API is recorded for covenant benefits and insurance specialists.
What industry is covenant benefits and insurance specialists in?
covenant benefits and insurance specialists's product category is Insurance Brokerage. Its primary akta.pro industry code is FSAIAHAH, Employer-Sponsored Dental & Vision (Group), with a secondary code of FSAIAIAB, Group Disability Income Insurance (Employer-Sponsored). Its NAICS code is 524210 and its SIC code is 6411.