palte insurance
Palte Insurance is an independent, multi-carrier insurance agency serving individuals, families, small businesses, and property investors with personal, commercial, life, health, Medicare, and disability coverage through direct and digital channels.
- Company typePrivate
- Founded2021
- HeadquartersColumbus Grove, United States
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
What palte insurance does
Palte Insurance Agency is a private independent insurance agency founded in 2021 and headquartered at 207 Monroe St in Columbus Grove, Ohio. It serves individuals and families, small businesses, and property investors through personal lines, commercial lines, life insurance, annuities, health, Medicare, disability, and supplemental products. Its product portfolio includes homeowners and renters coverage, vehicle and recreational coverage, business property and liability policies, commercial auto, crime coverage, and specialized real-estate-investor products. Source:.\n\nAs an independent agency rather than an insurance carrier, Palte represents multiple providers and earns commissions from product sales. Farmers Insurance Group supports its property and casualty distribution, while other relationships provide investment, life, senior, and supplemental products. Policies are priced through individual quotes, with free consultations offered through office and phone contact as well as website forms; social media provides additional customer engagement. No proprietary technology platform, mobile application, API, or AI/ML system is disclosed, so the available evidence describes a relationship-led agency with a digital lead funnel rather than a software-enabled insurer.
palte insurance firmographics
Firmographics- Name
- palte insurance
- Legal name
- Palte Insurance Agency
- Website
- https://palteinsurance.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Short description
- Palte Insurance is an independent, multi-carrier insurance agency serving individuals, families, small businesses, and property investors with personal, commercial, life, health, Medicare, and disability coverage through direct and digital channels.
- Ownership category
- akta.pro rank
palte insurance industry classification
Industry- Product category
- Independent Insurance Agency
- NAICS
- Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Commercial Lines Insurance Brokerage (FSAEADAB)
- akta.pro secondary industry
- Retail (Personal Lines) Insurance Brokerage (FSAEADAA)
Keywords
Where palte insurance is headquartered
LocationHeadquarters
- HQ city
- Columbus Grove
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
palte insurance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure
Revenue model
- Insurance Agency Commissions: Palte Insurance operates as an independent insurance agency earning commissions from insurance product sales. They represent multiple insurance companies including Farmers Insurance group for property and casualty insurance, and Farmers Financial Services LLC for investment products. Additional revenue comes from offering senior products, life insurance, disability products, and supplemental products through various national brokerages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Custom insurance packages tailored to individual needs |
Distribution channels3 records
Marketing channels5 records
palte insurance product offering
Product offeringCore offering
Palte Insurance Agency operates as an independent insurance brokerage distributing personal lines (homeowners, renters, recreational vehicles), business lines (commercial property, liability, auto, crime), life and annuity products, and health/Medicare/supplemental coverage. The agency represents Farmers Insurance group for property and casualty and Farmers Financial Services LLC for investment products, alongside multiple national carriers, and earns commissions on placed policies.
Product overview
Palte Insurance is an independent insurance agency offering a comprehensive portfolio of insurance products and financial services. The agency operates as a multi-carrier broker representing Farmers Insurance group for property and casualty insurance and Farmers Financial Services LLC for investment products, while also working with multiple national carriers through brokerages for senior, life, and supplemental products. The product portfolio centers on four core insurance categories: Personal Insurance (homeowners, renters, vehicles, health/disability), Business Insurance (property, liability, auto, crime coverage), Property Investor services (investment property, rental coverage, personal finance products including life insurance and annuities), and Health Insurance (ACA plans, Medicare, employer plans, supplemental coverage). Products are distributed through independent agent relationships rather than a unified software platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Insurance (Homeowners, Renters, and Vehicles)
- Business Insurance
- Property Investor Insurance
- Life Insurance Products
- Annuities
- Health & Supplemental Insurance
Companies that use palte insurance
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles3 records
palte insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
palte insurance partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Farmers Insurance GroupcorePalte Insurance offers property and casualty insurance through Farmers Insurance group. As an independent agency, they represent Farmers products alongside other insurance providers to give customers options.
- Farmers Financial Services LLCcorePalte Insurance offers investment products and services through Farmers Financial Services LLC, including various financial and investment solutions for customers.
- National Insurance Companies (Multiple Brokerages)corePalte Insurance offers senior products, life insurance, disability products, and supplemental products from a range of national companies through several brokerages. This multi-carrier approach allows them to meet diverse customer financial needs.
Scale indicators1 record
Recent moves4 records
Expansion highlights5 records
palte insurance competitors and assessment
Company assessmentDirect peers
- Goosehead Insurance: Public independent-insurance-agency franchise model that places coverage with multiple carriers for personal and commercial clients. Closely comparable to Palte's independent brokerage model but operates at significantly greater scale with a franchise structure.
- Brightway Insurance: Franchise independent insurance agency offering home, auto, and business coverage through multiple carrier partners. Comparable independent-agency distribution model targeting similar SMB and consumer customers, though at franchise scale.
- Houchens Insurance Group: Multi-state independent insurance agency offering personal, commercial, life, and health products through multiple carriers. Directly comparable as an independent retail brokerage with similar product breadth to Palte.
Broad incumbents
- Westfield Insurance: Ohio-based regional P&C carrier offering independent-agent distribution across the Midwest. A carrier partner and broader incumbent in the same Ohio geography where Palte places business, providing overlapping product capabilities.
- Erie Insurance: Regional P&C carrier with strong Midwest presence that distributes through independent agents including small local agencies. Comparable in personal/commercial lines distributed through independent agents, though as a carrier rather than a broker.
- Auto-Owners Insurance: Midwest-headquartered mutual P&C carrier distributing exclusively through independent agents. A potential carrier partner and broader incumbent with overlapping personal and commercial lines distributed via the same independent-agency channel.
- The Cincinnati Insurance Companies: Ohio-based regional carrier with a personal-lines subsidiary (Cincinnati Financial) selling through independent agents. Comparable regional incumbent with personal and commercial products overlapping Palte's book.
- Acrisure: Large global insurance brokerage aggregating personal, commercial, and benefits brokerage. Represents the scaled end of the brokerage model Palte operates in, providing relevant scale comparison for valuation and consolidation dynamics.
Emerging players
- Policygenius: Online insurance marketplace that aggregates life, home, auto, and disability quotes from multiple carriers. Competes for the same personal-line customers as Palte via a digital-first brokerage model.
- Lemonade: Direct-to-consumer digital insurer offering renters, home, auto, pet, and life insurance with an AI-driven quoting experience. Adjacent competitor to Palte's personal-lines business, threatening agent-led distribution with a tech-led model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks5 records
Key highlights6 records
Customer concentration
palte insurance social profiles
Digital presencepalte insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
palte insurance leadership team
Management profileNumber of profiles
Profiles2 records
palte insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
palte insurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about palte insurance
What does palte insurance do?
Palte Insurance Agency operates as an independent insurance brokerage distributing personal lines (homeowners, renters, recreational vehicles), business lines (commercial property, liability, auto, crime), life and annuity products, and health/Medicare/supplemental coverage. The agency represents Farmers Insurance group for property and casualty and Farmers Financial Services LLC for investment products, alongside multiple national carriers, and earns commissions on placed policies.
Is palte insurance a public or private company?
palte insurance is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was palte insurance founded?
palte insurance was founded in 2021.
Where is palte insurance based?
palte insurance is headquartered in Columbus Grove, United States, in the North America region.
How does palte insurance make money?
One revenue line is on record: insurance Agency Commissions.
Who are palte insurance's main competitors?
Direct peers on record are Goosehead Insurance, Brightway Insurance and Houchens Insurance Group. Broad incumbents are Westfield Insurance, Erie Insurance, Auto-Owners Insurance, The Cincinnati Insurance Companies and Acrisure. Emerging players are Policygenius and Lemonade.
Does palte insurance have an API?
No public API is recorded for palte insurance.
What industry is palte insurance in?
palte insurance's product category is Independent Insurance Agency. Its primary akta.pro industry code is FSAEADAB, Commercial Lines Insurance Brokerage, with a secondary code of FSAEADAA, Retail (Personal Lines) Insurance Brokerage. Its NAICS code is 524210 and its SIC code is 6411.