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Highstreet Insurance, Formerly Peak Insurance Group

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Namestring
Highstreet Insurance, Formerly Peak Insurance Group
Legal namestring
High Street Insurance Partners Inc.
Websiteurl
hsip.com
Company typeenum
Private
Founded yearint
2018
Descriptiontext

Highstreet Insurance Partners is a private, U.S.-based insurance agency network headquartered in Traverse City, Michigan, operating across 350+ local offices in the United States. The company was founded in 2018 and operates under the DBA "Highstreet Insurance & Financial Services," having previously been known as Peak Insurance Group. It serves both individual consumers and businesses, with documented product lines covering Personal Insurance, Business Insurance, Employee Benefits, and Financial Services. The firm also positions itself with industry-specific expertise across 13+ verticals including Construction, Healthcare, Energy, Hospitality, Manufacturing, and Technology.

The company's core operating model is a distributed local-agent distribution network. Customers are directed to "Talk to an agent" via CTAs across the website and reach agents through an Agency Locator directory. Agents are described as embedded in the communities they serve, with industry-specific experience, and provide guidance across the policy lifecycle. The company maintains a content/news hub and a LinkedIn presence for top-of-funnel marketing, while the agent network serves as the primary bottom-of-funnel conversion and referral channel. A separate sub-brand, "Highstreet Partners," functions as an outward-facing agency recruitment and growth platform.

Highstreet generates revenue through commissions and fees on insurance premiums placed across personal and commercial lines, employee benefits, and financial services products. Pricing is quote-based and not publicly disclosed, consistent with standard insurance agency practice. The company is privately held with no disclosed venture capital or private equity backing, no parent company, and no public listing. No funding rounds, M&A transactions, or leadership changes are disclosed in the available source data.

Short descriptiontext

Highstreet Insurance Partners is a U.S. insurance agency network operating 350+ local offices across the country, distributing personal insurance, business insurance, employee benefits, and financial services through independent local agents to individuals, small and mid-sized businesses, and specialized industries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersTraverse City, United States
HQ citystring
Traverse City
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
commercial insurance brokerage, personal lines insurance, employee benefits administration, financial planning services, independent insurance agents
NAICS code1 code
  • Insurance Agencies and Brokerages52421
SIC code1 code
  • Insurance Agents, Brokers & Service6411
Product category
Insurance Brokerage
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Insurance Premiums
TypeSubscription Recurring
Description

Revenue generated from insurance policy premiums across personal and commercial lines including personal insurance, business insurance, employee benefits, and financial services products.

myhighstreet.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 record
1Highstreet Partners
Description

Agency growth and partnership program for insurance agents looking to join the Highstreet network.

myhighstreet.com
Core offering1 text field

Highstreet Insurance Partners operates a privately held network of independent local insurance agencies offering personal insurance, business insurance, employee benefits, and financial services across 350+ offices in the United States. The firm matches individuals and businesses with coverage from multiple carriers, with each office maintaining its own local identity and community presence.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Highstreet Insurance is a multi-product insurance agency offering personal and business insurance products, employee benefits programs, and financial services through a network of local agents. The company operates with a platform-plus-advisory model, providing Personal Insurance, Business Insurance, Employee Benefits, and Financial Services as its four core product lines. These products are delivered through more than 350+ local agency offices across the United States, with agents providing personalized guidance and support for both individual and business customers.

Product and service4 records
1Personal Insurance
CategoryPersonal Lines Insurance
Description

Insurance coverage offerings for individuals and families, including auto, home, and other personal lines products. Distributed through local independent agents who match consumers with carrier policies suited to their needs.

2Business Insurance
CategoryCommercial Lines Insurance
Description

Commercial insurance brokerage for businesses, providing coverage solutions for property, liability, and other business risks. Served through local agents with industry-specific expertise across the agency's network of 350+ offices.

3Employee Benefits
CategoryGroup Benefits Brokerage
Description

Employee benefits brokerage and administration services for employers, including group health and ancillary benefit offerings. Designed for businesses seeking benefits solutions for their workforce.

4Financial Services
CategoryFinancial Services
Description

Financial services offerings distributed through Highstreet's local agent network, extending beyond insurance to help individuals and businesses address broader financial planning needs.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeOthers
Description

Highstreet Partners is a separate entity (https://www.highstreetpartners.com/) that recruits and partners with insurance agencies looking to grow. This is an outward-facing initiative for agency recruitment rather than a product or strategic partnership.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Largest privately held independent insurance brokerage globally, with strong commercial and benefits practices. Comparable to Highstreet on private ownership and brokerage focus, but Lockton operates at significantly larger scale and serves larger enterprise clients.

TypeDirect peer
Description

One of the largest U.S. insurance brokerages, Acrisure has built a multi-office national network through aggressive M&A. It is highly comparable to Highstreet on distributed agent footprint, multi-line P&C/benefits model, and agency roll-up strategy.

TypeDirect peer
Description

National insurance and financial services firm formed by consolidating independent agencies. Similar to Highstreet in its multi-office structure, multi-line offering (P&C, benefits, financial services), and reliance on local agent relationships.

TypeBroad incumbent
Description

Large publicly traded U.S. insurance brokerage with a decentralized office model. Overlaps with Highstreet on multi-office retail agency distribution and P&C/benefits offerings, though at substantially greater scale.

TypeBroad incumbent
Description

Global professional services firm parent of Marsh (brokerage), Guy Carpenter (reinsurance), Mercer (benefits), and Oliver Wyman. Overlaps with Highstreet across commercial brokerage and employee benefits but at vastly greater scale and with a global footprint.

TypeDirect peer
Description

PE-backed insurance brokerage operating a large network of offices across the U.S. and Canada with multi-line P&C, benefits, and personal products. Closely mirrors Highstreet's local-office, multi-product agency model.

TypeBroad incumbent
Description

Global, publicly traded insurance brokerage and risk management firm. Competes with Highstreet in commercial P&C and employee benefits, but operates at much greater scale and offers a broader portfolio of specialty and consulting services.

TypeDirect peer
Description

Privately held specialty insurance brokerage with a multi-office U.S. network serving commercial, personal, and benefits clients. Comparable to Highstreet on decentralized agency model and mid-to-large commercial customer base.

TypeDirect peer
Description

PE-backed insurance brokerage with hundreds of offices across the U.S. serving commercial, personal, and benefits clients. Direct comparable on multi-office agency roll-up strategy and mid-market customer focus.

TypeDirect peer
Description

PE-backed national insurance brokerage and employee benefits firm built through regional agency acquisitions. Comparable to Highstreet on distributed agency footprint, mid-market commercial focus, and consolidated back-office platform.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Highstreet Insurance, Formerly Peak Insurance Group

Insurance Brokeragehsip.com

Highstreet Insurance Partners is a U.S. insurance agency network operating 350+ local offices across the country, distributing personal insurance, business insurance, employee benefits, and financial services through independent local agents to individuals, small and mid-sized businesses, and specialized industries.

What Highstreet Insurance, Formerly Peak Insurance Group does

Highstreet Insurance Partners is a private, U.S.-based insurance agency network headquartered in Traverse City, Michigan, operating across 350+ local offices in the United States. The company was founded in 2018 and operates under the DBA "Highstreet Insurance & Financial Services," having previously been known as Peak Insurance Group. It serves both individual consumers and businesses, with documented product lines covering Personal Insurance, Business Insurance, Employee Benefits, and Financial Services. The firm also positions itself with industry-specific expertise across 13+ verticals including Construction, Healthcare, Energy, Hospitality, Manufacturing, and Technology.

The company's core operating model is a distributed local-agent distribution network. Customers are directed to "Talk to an agent" via CTAs across the website and reach agents through an Agency Locator directory. Agents are described as embedded in the communities they serve, with industry-specific experience, and provide guidance across the policy lifecycle. The company maintains a content/news hub and a LinkedIn presence for top-of-funnel marketing, while the agent network serves as the primary bottom-of-funnel conversion and referral channel. A separate sub-brand, "Highstreet Partners," functions as an outward-facing agency recruitment and growth platform.

Highstreet generates revenue through commissions and fees on insurance premiums placed across personal and commercial lines, employee benefits, and financial services products. Pricing is quote-based and not publicly disclosed, consistent with standard insurance agency practice. The company is privately held with no disclosed venture capital or private equity backing, no parent company, and no public listing. No funding rounds, M&A transactions, or leadership changes are disclosed in the available source data.

Highstreet Insurance, Formerly Peak Insurance Group firmographics

Firmographics
Name
Highstreet Insurance, Formerly Peak Insurance Group
Legal name
High Street Insurance Partners Inc.
Website
https://hsip.com
Company type
Private
Founded year
2018
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Highstreet Insurance Partners is a U.S. insurance agency network operating 350+ local offices across the country, distributing personal insurance, business insurance, employee benefits, and financial services through independent local agents to individuals, small and mid-sized businesses, and specialized industries.
Ownership category
akta.pro rank

Where Highstreet Insurance, Formerly Peak Insurance Group is headquartered

Location

Headquarters

HQ city
Traverse City
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Highstreet Insurance, Formerly Peak Insurance Group business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Insurance Premiums: Revenue generated from insurance policy premiums across personal and commercial lines including personal insurance, business insurance, employee benefits, and financial services products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Highstreet Insurance, Formerly Peak Insurance Group product offering

Product offering

Core offering

Highstreet Insurance Partners operates a privately held network of independent local insurance agencies offering personal insurance, business insurance, employee benefits, and financial services across 350+ offices in the United States. The firm matches individuals and businesses with coverage from multiple carriers, with each office maintaining its own local identity and community presence.

Product overview

Highstreet Insurance is a multi-product insurance agency offering personal and business insurance products, employee benefits programs, and financial services through a network of local agents. The company operates with a platform-plus-advisory model, providing Personal Insurance, Business Insurance, Employee Benefits, and Financial Services as its four core product lines. These products are delivered through more than 350+ local agency offices across the United States, with agents providing personalized guidance and support for both individual and business customers.

Differentiator

Problem solved

Functional benefit

Brands

  • Highstreet Partners: Agency growth and partnership program for insurance agents looking to join the Highstreet network.

Products and services

  • Personal Insurance Insurance coverage offerings for individuals and families, including auto, home, and other personal lines products. Distributed through local independent agents who match consumers with carrier policies suited to their needs.
  • Business Insurance Commercial insurance brokerage for businesses, providing coverage solutions for property, liability, and other business risks. Served through local agents with industry-specific expertise across the agency's network of 350+ offices.
  • Employee Benefits Employee benefits brokerage and administration services for employers, including group health and ancillary benefit offerings. Designed for businesses seeking benefits solutions for their workforce.
  • Financial Services Financial services offerings distributed through Highstreet's local agent network, extending beyond insurance to help individuals and businesses address broader financial planning needs.

Companies that use Highstreet Insurance, Formerly Peak Insurance Group

Customer profile

Segments3 records

Ideal customer profiles2 records

Highstreet Insurance, Formerly Peak Insurance Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Highstreet Insurance, Formerly Peak Insurance Group partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Highstreet PartnersminorOthersHighstreet Partners is a separate entity (https://www.highstreetpartners.com/) that recruits and partners with insurance agencies looking to grow. This is an outward-facing initiative for agency recruitment rather than a product or strategic partnership.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Highstreet Insurance, Formerly Peak Insurance Group competitors and assessment

Company assessment

Broad incumbents

  • Lockton: Largest privately held independent insurance brokerage globally, with strong commercial and benefits practices. Comparable to Highstreet on private ownership and brokerage focus, but Lockton operates at significantly larger scale and serves larger enterprise clients.
  • Brown & Brown, Inc. Large publicly traded U.S. insurance brokerage with a decentralized office model. Overlaps with Highstreet on multi-office retail agency distribution and P&C/benefits offerings, though at substantially greater scale.
  • Marsh McLennan: Global professional services firm parent of Marsh (brokerage), Guy Carpenter (reinsurance), Mercer (benefits), and Oliver Wyman. Overlaps with Highstreet across commercial brokerage and employee benefits but at vastly greater scale and with a global footprint.
  • Arthur J. Gallagher & Co. Global, publicly traded insurance brokerage and risk management firm. Competes with Highstreet in commercial P&C and employee benefits, but operates at much greater scale and offers a broader portfolio of specialty and consulting services.

Direct peers

  • Acrisure: One of the largest U.S. insurance brokerages, Acrisure has built a multi-office national network through aggressive M&A. It is highly comparable to Highstreet on distributed agent footprint, multi-line P&C/benefits model, and agency roll-up strategy.
  • Alera Group: National insurance and financial services firm formed by consolidating independent agencies. Similar to Highstreet in its multi-office structure, multi-line offering (P&C, benefits, financial services), and reliance on local agent relationships.
  • Hub International: PE-backed insurance brokerage operating a large network of offices across the U.S. and Canada with multi-line P&C, benefits, and personal products. Closely mirrors Highstreet's local-office, multi-product agency model.
  • Alliant Insurance Services: Privately held specialty insurance brokerage with a multi-office U.S. network serving commercial, personal, and benefits clients. Comparable to Highstreet on decentralized agency model and mid-to-large commercial customer base.
  • AssuredPartners: PE-backed insurance brokerage with hundreds of offices across the U.S. serving commercial, personal, and benefits clients. Direct comparable on multi-office agency roll-up strategy and mid-market customer focus.
  • USI Insurance Services: PE-backed national insurance brokerage and employee benefits firm built through regional agency acquisitions. Comparable to Highstreet on distributed agency footprint, mid-market commercial focus, and consolidated back-office platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Highstreet Insurance, Formerly Peak Insurance Group social profiles

Digital presence

Highstreet Insurance, Formerly Peak Insurance Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Highstreet Insurance, Formerly Peak Insurance Group leadership team

Management profile

Number of profiles

Highstreet Insurance, Formerly Peak Insurance Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Highstreet Insurance, Formerly Peak Insurance Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Highstreet Insurance, Formerly Peak Insurance Group

What does Highstreet Insurance, Formerly Peak Insurance Group do?

Highstreet Insurance Partners operates a privately held network of independent local insurance agencies offering personal insurance, business insurance, employee benefits, and financial services across 350+ offices in the United States. The firm matches individuals and businesses with coverage from multiple carriers, with each office maintaining its own local identity and community presence.

Is Highstreet Insurance, Formerly Peak Insurance Group a public or private company?

Highstreet Insurance, Formerly Peak Insurance Group is a private company. It is classified as unknown and is currently operating.

When was Highstreet Insurance, Formerly Peak Insurance Group founded?

Highstreet Insurance, Formerly Peak Insurance Group was founded in 2018. It employs 1,001 to 5,000 people.

Where is Highstreet Insurance, Formerly Peak Insurance Group based?

Highstreet Insurance, Formerly Peak Insurance Group is headquartered in Traverse City, United States, in the North America region.

How does Highstreet Insurance, Formerly Peak Insurance Group make money?

One revenue line is on record: insurance Premiums.

Who are Highstreet Insurance, Formerly Peak Insurance Group's main competitors?

Broad incumbents on record are Lockton, Brown & Brown, Inc., Marsh McLennan and Arthur J. Gallagher & Co.. Direct peers are Acrisure, Alera Group, Hub International, Alliant Insurance Services, AssuredPartners and USI Insurance Services.

Does Highstreet Insurance, Formerly Peak Insurance Group have an API?

No public API is recorded for Highstreet Insurance, Formerly Peak Insurance Group.

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Live signals
PR NewswireHighstreet Insurance Partners Names Kristen Stokes Chief Broking OfficerHighstreet Insurance Partners named Kristen Stokes as Chief Broking Officer, effective immediately. Stokes, a 20+ year veteran, joins from Marsh McLennan, where she led the Qualified Solutions Group. She will be based in New York City and focus on deepening strategic market relationships.PR NewswireHighstreet Insurance & Financial Services Teams Up with Nebraska Cornhuskers for 3-year SponsorshipHighstreet Insurance & Financial Services announced a three-year sponsorship of the University of Nebraska's football, volleyball, and basketball teams. The partnership includes the Sacking Hunger Together program, which donates cash to the Food Bank for the Heartland for every Husker sack. The company aims to support Nebraska communities and reduce food insecurity.AInvestHighstreet Insurance Partners: Leveraging $550M Capital Infusion to Drive Strategic Expansion and Community-Centric Consolidation in the Insurance SectorHighstreet Insurance Partners secured a $550 million growth capital infusion to accelerate community-centric M&A and tech-driven consolidation. The funding enabled four agency acquisitions in a single day and supports expansion into complex markets like Pennsylvania and New York. The company aims to lead the $10,000+ agency consolidation wave.PR NewswireHighstreet Insurance Partners acquires the assets of Texas based Collum Insurance GroupHighstreet Insurance Partners acquired Collum Insurance Group, a Texas-based personal lines insurer with 35 years of experience. The deal adds a location to Highstreet's Gulf Region under President Vin Stazzone, with Collum's President Carl Collum continuing to manage his team under Sandy Garza's agency.PRESSBEEHighstreet Insurance Partners Acquires upstate New York based H.G. Ellis Agency ...Middle EastHighstreet Insurance Partners announced the acquisition of H.G. Ellis Agency, an insurance firm based in Camden, New York. The transaction expands Highstreet's portfolio by adding the acquired agency's business and personal insurance experience. This move represents a strategic growth step for Highstreet through regional expansion.BenzingaHighstreet Insurance Partners expands its Northwest presence with the acquisition of Columbia InsuranceHighstreet Insurance Partners announced the acquisition of Columbia Insurance to expand its presence in the Northwest region. The transaction terms were not disclosed, but Columbia's leadership team will continue to operate across its five locations with support from Highstreet. This move aims to enhance customer service and broaden product offerings in Washington, Oregon, and surrounding areas.PR NewswireHighstreet Insurance Partners expands its Northwest presence with the acquisition of Columbia InsuranceHighstreet Insurance Partners announced the acquisition of Columbia Insurance, a firm based in Vancouver, WA. The transaction terms were not disclosed, but Columbia's leadership team will continue to operate across its five locations with support from Highstreet. This move is intended to expand Highstreet's presence and service capabilities in the Northwest region.PRESSBEEHighstreet Insurance Partners Acquires Florida-based Flagler Insurance ...Middle EastHighstreet Insurance Partners announced the acquisition of Flagler Insurance Agency, a Florida-based firm headquartered in Palm Beach. This transaction expands Highstreet's presence as one of the fastest-growing insurance agencies in North America.PR NewswireHighstreet Insurance Partners Strengthens Southeast Regional Offering by Acquiring North Carolina-based Alta BenefitsHighstreet Insurance Partners (HSIP) has acquired North Carolina-based Alta Benefits Agency, which marks HSIP's 13th acquisition of 2023 and 153rd overall since its inception. The acquisition aims to enhance HSIP's Employee Benefits segment, particularly in the Southeast region, while expanding the solutions available to clients. This strategic move reflects HSIP's ongoing commitment to investing in regional expertise and broadening its service offerings.PR NewswireHighstreet Insurance Partners Acquires the Assets of Oregon-based - Stratton AgencyHighstreet Insurance Partners acquired the assets of Pendleton, Oregon-based Stratton Agency, with Stratton's executive team continuing to lead the business under Highstreet. This transaction marks the 144th acquisition for Highstreet since mid-2018 and its fourth deal of 2023. Terms of the transaction were not disclosed.