Name

KingsCover

Legal name

KingsCover Insurance Services, LLC

Website

https://kingscover.com

Company type

Private

Founded year

2020

Operating status

Operating

Ownership category

akta.pro rank

Product category

Church and Ministry Insurance Services

NAICS

Religious Organizations (8131), Religious Organizations (81311)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Nonprofit / Social Services BOP (FSAJAFAM)

akta.pro secondary industry

Local Congregations & Worship Communities (Churches, Mosques, Temples, Synagogues) (BPAGAJAA)

Keywords

• Church insurance solutions
• Ministry liability coverage
• Faith-based insurance programs
• Religious organization coverage
• Pastoral counseling insurance

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: KingsCover generates revenue through insurance premiums paid by churches and ministries for coverage including property, liability, pastoral counseling, sexual abuse and molestation, D&O, workers' compensation, commercial auto, and other church-specific coverages.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

KingsCover provides property and liability insurance solutions purpose-built for churches and faith-based ministries. The company offers a comprehensive suite of 18 coverage types including commercial property, general liability, sexual abuse and molestation, pastoral counseling, directors and officers, workers' compensation, commercial auto, cyber liability, flood, mission travel, and others, tailored to each ministry's operations, facilities, volunteers, and governance.

Product overview

KingsCover is a church-focused insurance provider offering a comprehensive suite of insurance solutions specifically designed for churches and faith-based ministries. Their product portfolio includes 18 distinct coverage types: Commercial Property, General Liability, Sexual Abuse & Molestation, Pastoral Counseling, Directors & Officers (D&O), Workers' Compensation, Commercial Auto, Equipment Breakdown, Employment Practices Liability, Employee Benefits Liability, Hired & Non-Owned Auto, Cyber Liability, Crime Insurance, Inland Marine, Mission Travel, Flood Coverage, Excess Liability, and Group Accident. The offerings are sold as individual coverage types that can be tailored to each church's specific needs, operations, and risk profile through a custom quote process.

Differentiator

Problem solved

Functional benefit

Products and services

• Ministry Owned Property / Commercial Property Protection for sanctuaries, offices, classrooms, equipment, and contents against damage due to fire, storms, theft, and other covered perils, designed for churches and ministries.
• Ministry Liability / General Liability Coverage for injuries or property damage that may occur during church services, events, outreach activities, and volunteer involvement.
• Sexual Abuse and Molestation Coverage Protection to help churches respond responsibly if a child or vulnerable adult is harmed in connection with ministry activities.
• Pastoral Counseling Coverage Coverage related to faith-filled counseling, care, and guidance ministries, protecting against claims arising from pastoral counseling services.
• Directors and Officers (D&O) Liability Protection for church boards, officers, and leadership teams from personal liability related to decisions made in their leadership roles.
• Workers' Compensation Coverage for church employees while serving in ministry roles, covering medical expenses and lost wages if injured.
• Commercial Auto Coverage for church-owned vehicles and transportation ministries.
• Equipment Breakdown Covers repair or replacement of essential equipment like HVAC systems, soundboards, or kitchen appliances.
• Employment Practices Liability (EPL) Safeguards church leadership against claims of wrongful termination, discrimination, or harassment.
• Employee Benefits Liability (EBL) Covers administrative errors in managing employee benefits, ensuring employees receive the care and coverage they need.
• Hired & Non-Owned Auto (HNOA) Covers volunteers or staff using personal or rented vehicles for ministry purposes.
• Cyber Liability Protects churches from digital threats like data breaches or cyberattacks, especially important for ministries managing online giving, member data, or livestreaming.
• Crime Insurance Covers financial losses due to theft, fraud, or dishonesty, whether from outside threats or internal mishandling.
• Inland Marine
• Mission Travel Provides medical and travel protection for individuals or groups traveling for ministry purposes, including emergency care, evacuation, trip interruption, and kidnap and ransom coverage.
• Flood Coverage Optional flood coverages available through the National Flood Insurance Program (NFIP) or various markets, protecting buildings and contents from rising surface waters and storm surge damage.
• Excess Liability Adds an extra layer of liability protection over and above the limits of existing policies, helping cover large claims that exceed primary coverage limits.
• Group Accident Provides coverage for accidental injuries and medical expenses for church members, volunteers, and participants in church activities, daycare, or school programs.

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Texas BaptistscoreStrategic or Co-development PartnerTexas Baptists and ministry leaders came together to build a new insurance solution for churches facing premium increases and reduced coverage options between 2020 and 2025. KingsCover was created in response to Texas Baptists' search for an affordable, sustainable insurance solution designed specifically for ministries.
• Church Associations and ConventionscoreChannel Partner/ Reseller/ DistributorStrategic partnerships with church associations and conventions allow KingsCover to build trusted relationships and reduce marketing inefficiencies, allowing resources to focus on serving churches well. The lean partnership model prioritizes affordability and long-term stability for member churches.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Lockton Companies: Lockton is a large global insurance brokerage with religious-organization practice groups serving churches, schools, and ministries. Comparable as an incumbent broker/consulting channel competing for the same customer relationships.
• Hanover Insurance Group: Hanover is a national property and casualty insurer with specialty lines serving religious and nonprofit organizations through independent agents. It competes for the same church and ministry customers but as part of a much wider portfolio.
• Glatfelter Insurance Group: Glatfelter's program insurance division serves religious, nonprofit, and human-services organizations through specialty program administrators. Comparable as a broader specialty insurer addressing the same faith-based nonprofit segment.
• Philadelphia Insurance Companies (PHLY): Philadelphia Insurance underwrites specialty lines including religious and nonprofit organizations, schools, and camps. While broader than KingsCover, it is a meaningful competitor in the faith-based nonprofit insurance category.

Direct peers

• National Insurance Agency (NIA): NIA is a specialty agency that builds insurance programs for ministries, churches, and faith-based nonprofits. It is comparable as a church-focused program manager and distribution partner rather than a carrier.
• Church Mutual Insurance Company: Church Mutual is the largest direct writer of insurance for religious organizations in the US, offering property, liability, and specialty coverages for churches and related ministries. It is the most directly comparable specialist competitor to KingsCover.
• Brotherhood Mutual Insurance Company: Brotherhood Mutual specializes in insurance for churches and faith-based organizations, providing property, liability, and ministry-specific coverages. It is a direct specialist competitor with a long-standing Christian-focused mission similar to KingsCover.
• GuideOne Insurance: GuideOne is a specialty insurer focused on churches, faith-based organizations, and schools, with a multi-decade history in the religious-insurance segment. Highly comparable as a vertically specialized competitor targeting the same customer base.

Regional players

• Church Insurance Company of the Diocese of California: Diocesan and state-denominational captive insurers historically dominated church insurance distribution. They represent the legacy in-house alternative to KingsCover's partnership-led model within specific denominations or regions.

Others

• Risk Theory Insurance Services: KingsCover's parent, Risk Theory, builds and incubates niche insurance brands. Relevant as the strategic platform owner rather than a market competitor, indicating how KingsCover fits within a multi-brand specialty-insurance portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 KingsCover