Brokerage Solutions, Inc.

What Brokerage Solutions, Inc. does

Brokerage Solutions, Inc. is a privately held, family-owned independent insurance brokerage founded in 1997 and headquartered at 3979 Park Towne Court NE, Cedar Rapids, Iowa. The firm specializes in disability income protection and long-term care insurance, serving individuals, families, business owners, employers, and highly compensated employees across Iowa (Cedar Rapids, Iowa City, Des Moines, Waterloo, Dubuque, Davenport) and nationwide in the United States. The company is led by President Thomas L. Petsche, Sr. (CLU, ChFC, RHU) and Vice President Thomas L. Petsche, Jr. (LUTCF, GBDS), with Office Manager Serena R. Crowe; the directory lists three named staff within a stated 1-10 employee range. Leadership credentials include Iowa Insurance Hall of Fame election (2011), National Presidency of the Society of Financial Services Professionals (2011), and Presidency of the International Disability Income Society (2013).

The firm's product portfolio is centered on income protection and spans eleven insurance categories: Individual Disability Insurance (short-term and long-term), Business Overhead Expense, Group STD/LTD/Life, Long-Term Care, Buy-Sell Disability, Guarantee Standard Issue, Simplified Issue, Multi-Life, Key Person Disability, Bank Loan Disability, and Workers Compensation. Brokerage Solutions operates as a multi-carrier independent agency with established relationships with twelve carriers, including Ameritas, Assurity, MetLife, Mutual of Omaha, Principal, Reliance Standard, Sun Life, The Hartford, The Standard, Unum, Petersen International Underwriters, and Ohio National Financial Services, enabling cross-carrier placement for individual and group cases.

Revenue is generated through insurance brokerage commissions earned on policies placed with these carriers. Distribution is sales-led and multi-channel: direct phone sales (319-393-9410), website-based online quote request forms, in-person consultations at the Cedar Rapids headquarters, and content marketing through an active blog since 2020 and Google Business/LinkedIn profiles. Pricing follows standard carrier-driven individual disability economics (typically 1-3% of annual gross income), with the firm offering Guarantee Standard Issue products that include 10-20% premium discounts and group benefits with payroll deduction options. Customer testimonials indicate a relationship-driven, long-tenure client base among individuals and small business owners in the Midwest.

Name

Brokerage Solutions, Inc.

Legal name

Brokerage Solutions, Inc.

Website

https://brokeragesolutionsinc.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1–10 employees

Short description

Brokerage Solutions, Inc. is a family-owned independent insurance brokerage founded in 1997 in Cedar Rapids, Iowa, specializing in disability income protection and long-term care insurance for individuals, families, business owners, and employer groups across Iowa and the United States.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services (Disability and Long-Term Care)

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

akta.pro secondary industry

Individual Health Insurance Brokerage & Distribution (FSAIAEAL)

Keywords

• Disability insurance
• Long-term care insurance
• Income protection insurance
• Business overhead expense
• Group disability benefits

Headquarters

HQ city

Cedar Rapids

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: As an independent brokerage agency, the company earns commissions from insurance carriers on disability insurance, long-term care, and related products sold to individuals and businesses. The company has relationships with multiple insurance carriers including Ameritas, Assurity, MetLife, Mutual of Omaha, and others.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Brokerage Solutions, Inc. is an independent insurance brokerage that sells disability income insurance and long-term care insurance to individuals and employer groups. The company accesses multiple insurance carriers to design tailored income protection, business overhead expense, buy-sell, key person, multi-life, and group STD/LTD/Life coverage for clients across Iowa and the United States.

Product overview

Brokerage Solutions, Inc. is a family-owned independent insurance brokerage agency established in 1997, specializing in income protection through disability insurance products. The company offers a comprehensive portfolio of insurance solutions including Individual Disability Insurance (short-term and long-term), Business Overhead Expense Insurance, Group STD/LTD & Life Insurance, Long-Term Care Insurance, and specialized disability products including Buy-Sell, Guarantee Standard Issue, Simplified Issue, Multi-Life, Key Person, and Bank Loan Disability Insurance. The company also offers Workers Compensation Insurance. These products work together to protect individuals' and businesses' income and financial security against disability-related losses, serving clients in Iowa and across the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Disability Insurance Income protection insurance that pays 50-70% of salary if the policyholder becomes disabled due to illness or injury, available as short-term (11-26 weeks, 1-14 day elimination period) or long-term (2 years to age 67, 90-180 day elimination period) coverage, designed for individuals and families seeking to protect their ability to earn a living.
• Business Overhead Expense Insurance Coverage that helps businesses continue paying operating expenses (utilities, debts, mortgages, insurance premiums, taxes, employee salaries, regulatory fees) when the business owner becomes disabled, typically for up to two years, designed for small business owners needing business continuity protection.
• Group STD, LTD & Life Insurance Employer-sponsored group benefits package offering short-term disability (60-70% of salary, 7-14 day elimination, up to 1 year), long-term disability (50-70% of salary to age 67), and group life insurance to protect employees' income and families, designed for employers offering employee benefits.
• Long-Term Care Insurance Insurance that helps pay for extended personal care and services for people who need help with Activities of Daily Living (ADLs) or have severe cognitive impairment, covering home health care, assisted living, nursing home care, adult day care, hospice, respite care, and homemaker services, designed for individuals planning for aging-related care needs.
• Disability Buy-Sell Insurance Disability insurance combined with a buy-sell agreement framework that provides business owners with fair compensation when they must sell their share of the business due to disability, including entity purchase plans, cross purchase plans, and hybrid plans, designed for business co-owners and partners.
• Guarantee Standard Issue Disability Insurance Guaranteed issue disability policy designed for employees regardless of insurance risks, eliminating extensive underwriting and medical testing, includes 10-20% premium discounts and allows enrollment without proof of eligibility, designed for employers offering simplified group enrollment.
• Simplified Issue Disability Insurance Disability product for people with medical impairments, pre-existing conditions, or high-risk occupations, requiring no exams, blood work, or financial documentation, with policies typically issued within 30 days and benefit period options of 30-180 day waiting periods, designed for hard-to-insure individuals.
• Multi-Life Disability Insurance Employer-sponsored multi-life plan (ESMP) that supplements group LTD plans for highly compensated employees, providing individual disability insurance at discounted premium rates with flexible employer cost-sharing options, designed for employers retaining executive talent.
• Key Person Disability Insurance Short-term coverage (12-24 month benefit period) that provides a business with a benefit when a valuable employee becomes disabled, where the benefit can cover loss of key employee contributions or pay for a temporary replacement, designed for businesses dependent on key personnel.
• Bank Loan Disability Insurance Insurance that makes payments on monthly business loan obligations if the policyholder becomes disabled, preventing severe financial hardship, often required or recommended by banks as a condition of business loans, designed for business owners with outstanding commercial debt.
• Workers Compensation Insurance Coverage required by most states that provides fixed monetary awards to employees injured on the job, covering medical care, rehabilitation services, and lost income without regard to fault, designed for employers meeting state workers compensation requirements.

Quantifiable outcome

• Nearly 50% of all individuals 35 or younger will be disabled for 90 days or longer prior to age 65
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered minor.

• AmeritasminorOthersInsurance carrier partner listed on the company's helpful links page. Provides disability and life insurance products.
• Assurity Life Insurance CompanyminorOthersInsurance carrier partner. Claim phone: (800) 869-0355, Ext. 4484. Policy questions: (800) 869-0355, Ext. 4279.
• MetLifeminorOthersInsurance carrier partner. Claim phone: 800-MET-LIFE (800-638-5433). Provides disability and life insurance products.
• Mutual of OmahaminorOthersInsurance carrier partner. Claim phone: 800-775-1000. Policy questions: 800-228-7104.
• Petersen International UnderwritersminorOthersSpecialty insurance carrier partner for unique or hard-to-place disability coverage.
• Principal Financial GroupminorOthersInsurance carrier partner. Policy questions: 800-986-3343.
• Reliance StandardminorOthersInsurance carrier partner. Policy questions: 800-351-7500.
• Sun Life FinancialminorOthersInsurance carrier partner. Policy questions: (800) 786-5433.
• The HartfordminorOthersInsurance carrier partner. Claim phone: 1-800-243-5860. Billing phone: 860-547-5000.
• The Ohio National Financial ServicesminorOthersInsurance carrier partner. Claim phone: 877-446-3010.
• The StandardminorOthersInsurance carrier partner. Policy questions: 877-276-6616.
• UnumminorOthersInsurance carrier partner. Policy questions: 866-679-3054.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Emerging players

• Quotacy: Online life and disability insurance brokerage connecting consumers to multiple carriers with a digital-first quote experience — comparable niche focus on income protection products with a smaller-scale, tech-enabled approach.
• Policygenius: Online insurance marketplace aggregating life, disability, and other personal lines from multiple carriers — comparable multi-carrier brokerage role but delivered through a fully digital, venture-backed experience that competes for the same end customers.

Broad incumbents

• Brown & Brown, Inc. National insurance brokerage and risk management firm with retail operations across personal and commercial lines — comparable brokerage distribution model with institutional scale and capital backing.
• Acrisure: One of the largest insurance brokerage conglomerates acquiring independent agencies including personal lines specialists — represents the institutional aggregator model against which small brokerages compete or are eventually absorbed.
• World Insurance Associates: Large insurance brokerage roll-up acquiring independent agencies across personal and commercial lines — comparable independent brokerage model at vastly greater scale, representing both a competitive threat and a potential acquirer profile.

Direct peers

• SelectQuote: Direct-to-consumer insurance brokerage that sells term life, disability, and other personal lines through phone and digital channels — comparable personal lines focus though operating at far greater scale with a tech-enabled funnel.
• Disability Insurance Services: Direct peer specializing exclusively in disability insurance brokerage for individuals and business owners, with a similar commission-based model and access to multiple carriers — directly comparable niche and customer base.
• Insurance Pipeline: Insurance brokerage services platform supporting independent agents with multi-carrier access and back-office tools — comparable commission-based model serving individual consumers across personal lines.

Others

• NAIFA (National Association of Insurance and Financial Advisors): Industry association representing independent insurance and financial advisors — comparable membership organization where Brokerage Solutions' leadership has held senior roles and which channels clients to member agencies.
• Petersen International Underwriters: Specialty insurance carrier partner for unique or hard-to-place disability coverage — represents an upstream supply-side peer within Brokerage Solutions' carrier panel rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/brokeragesolutionsinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Brokerage Solutions, Inc.