566 Insurance

What 566 Insurance does

566 Insurance LLC is an independent property and casualty insurance agency founded in 2004 and headquartered at 2550 SW 27th Ave, Suite 401 in Miami, Florida. The firm operates as a sales-led intermediary, placing personal and commercial insurance policies through a network of approximately fifteen carrier partners and earning commissions on premiums written. It serves individual consumers and small-to-medium business clients across South Florida, offering personal lines (home, auto, umbrella, renters, motorcycle/ATV, watercraft, jewelry floaters) and commercial lines (commercial auto, commercial property, general liability, workers compensation, business owners package).

The agency's distribution model is direct-to-consumer and relationship-driven. Pricing is not publicly disclosed; customers must contact the agency by phone, email, or in-person visit to receive individualized quotes, with costs varying by carrier, county, and risk profile. Marketing relies on a basic Wix-hosted website with informational content, FAQs, an insurance glossary, and a bilingual English/Spanish interface, supplemented by personal referrals and phone-based lead conversion. There is no digital self-service quoting, no mobile application, and no disclosed technology platform.

566 Insurance is a privately held LLC with no disclosed funding, no parent company, and no evidence of institutional or PE/VC investment. It has no proprietary technology, no AI/ML capabilities, no patents or trademarks, and no disclosed data assets. The business is structurally a small, founder- or locally-owned retail brokerage whose economic value derives from carrier appointments and local client relationships rather than scalable technology or capital.

Name

566 Insurance

Legal name

566 Insurance LLC

Website

https://566insurance.com

Company type

Private

Founded year

2004

Operating status

Operating

Short description

566 Insurance LLC is an independent property and casualty insurance agency founded in 2004 in Miami, Florida, serving South Florida consumers and small businesses with personal and commercial lines through approximately fifteen carrier partnerships on a commission basis.

Ownership category

akta.pro rank

Product category

Insurance Agency (Property & Casualty)

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Property and casualty insurance
• Independent insurance agency
• Personal lines insurance
• Commercial lines insurance
• Insurance brokerage services

Headquarters

HQ city

Miami

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, Infrastructure

Revenue model

1. Insurance Agency Commissions: 566 Insurance operates as a property and casualty insurance agency earning commissions from multiple insurance carrier partnerships. They represent various insurance companies to provide coverage options for home, auto, business, and personal belongings. Revenue is generated through commissions on insurance policies placed with their carrier partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

566 Insurance LLC is a full-service property and casualty insurance agency that places personal and commercial insurance coverage on behalf of clients through partnerships with multiple insurance carriers. The agency sells home, auto, umbrella, renters, motorcycle/ATV, watercraft, jewelry floater, commercial auto, commercial property, general liability, workers compensation, and business owners package policies, sourcing coverage from carriers such as Citizens, Heritage, Lloyd's, HISCOX, Monarch National, and others to match clients with appropriate protection.

Product overview

566 Insurance is a full-service property and casualty insurance agency that offers a unified portfolio of personal and commercial insurance products. The company operates as a single product line with personal lines (Home, Auto, Umbrella, Renters, Motorcycle & ATV, Watercraft, Jewelry Floaters) and commercial lines (Commercial Auto, Commercial Property, General Liability, Workers Compensation, Business Owners Package) sold through multiple insurance carrier partners. The agency specializes in matching customers with appropriate coverage from their network of insurance providers.

Differentiator

Problem solved

Functional benefit

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core and supporting.

• Citizens Property Insurance CorporationcoreOthersInsurance carrier partner providing homeowners and commercial residential insurance coverage options through the agency.
• Monarch NationalcoreOthersInsurance carrier partner offering homeowners and flood insurance products.
• Bass UnderwriterssupportingOthersInsurance partner providing homeowners, commercial, and inland marine coverage options.
• Southern OaksupportingOthersInsurance carrier partner offering homeowners insurance coverage.
• Selective InsurancesupportingOthersInsurance partner providing flood insurance coverage options.
• HISCOXsupportingOthersInsurance carrier partner offering small business insurance products.
• BraishfieldsupportingOthersInsurance partner providing commercial and small business insurance coverage.
• Heritage InsurancesupportingOthersInsurance carrier partner offering homeowners insurance coverage.
• TAPCO UnderwriterssupportingOthersInsurance partner providing personal and business insurance products.
• Lloyd'ssupportingOthersInsurance market partner providing specialized insurance coverage options.
• American Integrity Insurance GroupsupportingOthersInsurance carrier partner offering homeowners insurance coverage.
• Manatee Insurance ExchangesupportingOthersInsurance carrier partner offering homeowners insurance coverage.
• Appalachian Underwriters WholesuresupportingOthersInsurance partner providing commercial lines and personal lines insurance options.
• Coastal Insurance UnderwriterssupportingOthersInsurance partner providing personal lines insurance coverage.
• Standard Premium FinancesupportingOthersPremium finance company partner helping customers finance insurance premium payments.

Scale indicators1 record

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Hub International: Large North American insurance brokerage offering personal and commercial P&C coverage through regional offices and producer relationships. Comparable as a multi-line retail broker serving similar personal and commercial clients, including Florida SMBs.
• Brown & Brown, Inc. Large publicly-traded insurance brokerage founded and headquartered in Daytona Beach, Florida, providing personal and commercial P&C brokerage services across the US. Comparable as a Florida-rooted independent agency model at vastly greater scale, serving similar customer segments.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm serving commercial, personal, and specialty lines clients across multiple US regions including Florida. Comparable as a large multi-carrier intermediary competing for the same commercial accounts 566 Insurance targets.

Emerging players

• Hiscox Inc. Specialty insurer offering small business and homeowners coverage with a direct-to-consumer and broker-distribution model. Comparable as a carrier partner of 566 Insurance and as a competitor for direct small commercial placements that might otherwise be brokered.
• Heritage Insurance Holdings: Florida-headquartered property and casualty insurer offering personal and commercial coverage primarily through independent agents in coastal states. Comparable as a carrier partner and Florida-focused competitor for the same homeowners and commercial residential accounts.

Direct peers

• World Insurance Associates: Public insurance brokerage that has aggressively acquired independent agencies across the US, including multiple Florida agencies, to scale a personal and commercial P&C distribution platform. Comparable as a roll-up acquirer of agencies structurally similar to 566 Insurance.
• Insurance Office of America: Independent full-service insurance agency headquartered in Longwood, Florida, offering personal and commercial P&C coverage through direct producer relationships. Comparable as a Florida-based independent agency competing for similar personal and commercial clients in the state.
• Bankers Insurance Group: Florida-based insurance company and agency providing personal and commercial P&C coverage with deep roots in the Florida coastal market. Comparable as a Florida-rooted multi-line insurance intermediary serving overlapping customer segments.
• NSI Insurance Group: Independent Florida-based insurance agency offering personal and commercial P&C coverage through multiple carrier relationships, including specialty and coastal risks. Comparable as a similarly-sized Florida independent agency competing for the same personal and commercial clients.
• AssurePartners: National insurance brokerage formed via roll-up of independent agencies offering personal and commercial P&C coverage with a strong Florida presence. Comparable as a similarly modeled independent agency competing for Florida personal and commercial clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/566-insurance-llc

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 566 Insurance