The Stump Agency Llc

What The Stump Agency Llc does

The Stump Agency LLC is an independent insurance brokerage operating from Marion, Ohio, that sells Medicare-related insurance products to individual consumers in central Ohio. Founded by Joe Stump circa 2005, the agency serves Medicare beneficiaries — primarily individuals aged 65 and older, as well as those under 65 with qualifying disabilities — through personalized advisory services covering Medicare enrollment, Social Security enrollment, and ongoing plan management. The company operates as a privately held LLC with 1-10 employees and a single office at 1073 Harding Memorial Parkway in Marion, with hours restricted to Monday-Thursday 8AM-4PM and Friday 8AM-12PM by appointment.

The agency's product portfolio is centered on Medicare Supplements (Medigap, eight standardized plan types A, B, D, G, K, L, M, N), Medicare Advantage (Part C), Medicare Part D prescription drug plans, and Social Security enrollment assistance. As an independent agency, it represents eight insurance carriers — Devoted, Medical Mutual, AARP, Humana, WellCare, Anthem, SilverScript, and Aetna — enabling it to offer beneficiaries cross-carrier plan comparisons. The firm does not develop or deploy proprietary technology; its service delivery is built on licensed-agent advisory relationships rather than a software platform, and its public-facing site is hosted on Wix.

Revenue is generated entirely through carrier-paid commissions on policies enrolled, with no disclosed pricing or fee structure to consumers. The agency reaches customers through a multi-channel distribution model that includes in-person consultations at the office or customer homes, virtual Zoom meetings, phone support with licensed agents, an online contact form, and recurring SMS marketing. Marketing relies on the company website, a Facebook page, educational seminars in central Ohio, and word-of-mouth referrals. The firm also operates under the trade names 'Stump Agency,' 'Stump Agency Insurance,' and 'The Medicare Shop.'

Name

The Stump Agency Llc

Legal name

Stump Agency LLC

Website

https://www.stumpagency.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Independent Medicare insurance brokerage in Marion, Ohio, serving central Ohio seniors and qualifying disabled individuals with Medigap, Medicare Advantage, and Part D plans from eight carrier partners via direct advisory channels.

Ownership category

akta.pro rank

Product category

Medicare Insurance Brokerage

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs) (FSAIAGAH)

akta.pro secondary industry

Medigap Distribution & Brokerage (Captive/Independent/IMO/FMO) (HLAEADAD)

Keywords

• Medicare insurance brokerage
• Medicare supplement plans
• Medicare Advantage plans
• Medicare Part D coverage
• Senior health insurance

Headquarters

HQ city

Marion

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commissions: The Stump Agency generates revenue through commissions paid by insurance carriers for Medicare Advantage, Medicare Supplement (Medigap), and Part D prescription drug plans sold to consumers. As an independent agency, they represent multiple insurance companies and earn commission-based compensation on each policy enrolled.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

The Stump Agency is an independent Medicare insurance brokerage that sells Medicare Supplement (Medigap), Medicare Advantage (Part C), and Medicare Part D prescription drug plans to seniors and eligible beneficiaries through multiple carrier partners. The agency also provides Social Security enrollment assistance and ongoing coverage support, earning revenue via carrier commissions rather than fees from clients.

Product overview

Stump Agency LLC is an independent Medicare insurance agency offering a coordinated portfolio of Medicare-related products. The company provides Medicare Supplements (Medigap) with eight standardized plan options (A, B, D, G, K, L, M, N), Medicare Advantage (Part C) plans offered by multiple carrier partners, and Medicare Part D prescription drug plans. As an independent agency, they represent multiple insurance carriers including Devoted, Medical Mutual, AARP, Humana, WellCare, Anthem, SilverScript, and Aetna, enabling them to match clients with the most cost-effective Medicare products. The agency also provides Social Security enrollment assistance and comprehensive support through the Medicare enrollment process.

Differentiator

Problem solved

Functional benefit

Products and services

• Medicare Supplements (Medigap) Private supplemental health insurance plans sold to Medicare beneficiaries to cover medical expenses not or only partially covered by Original Medicare, including Part A coinsurance, Part B coinsurance, skilled nursing care coinsurance, deductibles, and foreign travel emergency care. Eight standardized plans (A, B, D, G, K, L, M, N) are available, each with the same standardized benefits regardless of carrier and location.
• Medicare Advantage (Part C) Medicare health plan choice (such as an HMO or PPO) offered by private insurance companies for individuals 65 and older or under 65 with certain disabilities. Provides the same coverage as Medicare Parts A and B with additional benefits including dental, vision, hearing, long-term care coverage, and member discounts.
• Medicare Part D (Prescription Drug Plans) Prescription drug plans (PDPs) offered by private insurance companies in addition to Original Medicare, providing coverage for outpatient prescription drugs. Most Medicare Advantage plans include Part D coverage.
• Social Security Enrollment Assistance Advisory service helping clients navigate the Social Security enrollment process and find solutions tailored to their coverage needs, complementing the agency's Medicare enrollment support.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core.

• Devoted MedicarecoreChannel Partner/ Reseller/ DistributorDevoted Medicare is an insurance carrier represented by The Stump Agency. As an independent agency, Stump Agency sells Devoted Medicare plans to Medicare beneficiaries seeking coverage options.
• Medical Mutual MedicarecoreChannel Partner/ Reseller/ DistributorMedical Mutual Medicare is an insurance carrier represented by The Stump Agency for Medicare Supplement and Medicare Advantage products sold to Ohio beneficiaries.
• AARP MedicarecoreChannel Partner/ Reseller/ DistributorAARP Medicare insurance products are offered through The Stump Agency as part of their comprehensive Medicare product portfolio.
• Humana MedicarecoreChannel Partner/ Reseller/ DistributorHumana Medicare plans are sold by The Stump Agency, providing beneficiaries access to one of the largest Medicare Advantage carriers in the market.
• WellCare MedicarecoreChannel Partner/ Reseller/ DistributorWellCare Medicare insurance products are distributed through The Stump Agency as part of their carrier network.
• Anthem MedicarecoreChannel Partner/ Reseller/ DistributorAnthem Medicare plans are offered by The Stump Agency to provide beneficiaries with access to Anthem's Medicare portfolio.
• SilverScript MedicarecoreChannel Partner/ Reseller/ DistributorSilverScript Medicare Part D prescription drug plans are sold through The Stump Agency as part of their prescription coverage offerings.
• Aetna MedicarecoreChannel Partner/ Reseller/ DistributorAetna Medicare products are distributed by The Stump Agency, providing beneficiaries access to Aetna's Medicare Advantage and Supplement plans.

Recent moves4 records

Expansion highlights3 records

Direct peers

• Boomer Assurance: Independent Medicare insurance brokerage also serving central Ohio with multi-carrier portfolio including Medicare Supplements, Advantage, and Part D; the most direct local comparable to Stump Agency in geography, scale, and distribution model.
• HealthMarkets: Large independent insurance brokerage matching consumers with Medicare, Medigap, and individual health plans from multiple carriers; directly comparable to Stump Agency in independent multi-carrier brokerage model, though operating at significantly greater national scale.
• SelectQuote: Direct-to-consumer insurance brokerage specializing in Medicare and life products across multiple carriers; comparable to Stump Agency in carrier-agnostic Medicare distribution but differentiated by national lead-generation and digital-first approach.
• eHealth (EHI): Online insurance marketplace specializing in Medicare and individual health plan distribution across multiple carriers; comparable to Stump Agency in multi-carrier Medicare brokerage but operates at much larger scale via a digital platform rather than in-person advisory.
• GoHealth: Large Medicare-focused brokerage leveraging a combination of digital tools and licensed agents to distribute Medicare Advantage, Supplement, and Part D plans from multiple carriers; comparable to Stump Agency in product scope and multi-channel distribution, though at much larger national scale.
• Assurance IQ: Tech-enabled insurance brokerage distributing Medicare and other personal insurance products across multiple carriers via digital marketing and licensed agents; comparable to Stump Agency in multi-carrier Medicare distribution and licensed-agent-led model.

Broad incumbents

• Ritter Insurance Marketing: Leading Field Marketing Organization (FMO) supporting thousands of independent Medicare agents with carrier contracts, training, and back-office tools; a relevant incumbent to Stump Agency as both operate within the independent Medicare distribution channel, with Ritter as a major upstream enabler.
• Humana: One of the largest Medicare Advantage and Medicare Supplement carriers in the US and a core carrier partner of Stump Agency; comparable as the carrier-counterparty whose commission payouts and plan designs drive the agency's economics.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/stumpagency

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 The Stump Agency Llc