Best Insurance Carriers Companies in Michigan, United States
The 51 best Insurance Carriers companies in Michigan, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Jackson.
Ranked: Best Insurance Carriers companies in Michigan
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Jackson Retirement based investment management firm | $500M | 72 mo ago | Public | — | 1961 | Adobe Experience ManagerBugHerdJava+16 | — | 1 partnership · 1 award |
| 2 | Hagerty 🦄 Automotive insurance solution provider to users | $212M | 37 mo ago | Public | Kim Hagerty Founder | 1983 | Amazon WebstoreCart FunctionalityContentful+34 | 3 patents Automotive VIN decoding software for vehicle data identification and processing. | 1 job opening · 1 launch |
| 3 | CoverTree Provider of home & specialty insurance services | $23M | 26 mo ago | Series A | Rishie Modi Co-Founder | 2014 | Cart FunctionalityWordPressApple iCloud Mail+26 | — | 1 partnership · 1 expansion |
| 4 | Priority Health Michigan health insurance provider offering diverse plans and award-winning customer care | $2M | 13 mo ago | Acquired | Stephanie Bogema Chief of Staff to the President and CEO/Senior Project Specialist | 1986 | SentryRubyVimeo+19 | — | 1 partnership · 1 expansion · 1 award |
| 5 | Conifer Insurance Company Niche commercial insurance solutions with exceptional customer service and tailored coverage | — | 141 mo ago | Acquired | — | 2009 | WordPressMySQLZoho+23 | — | — |
| 6 | Acrisure Provider of insurance, reinsurance, employee benefits, and risk management solutions | — | — | Unfunded | — | 2005 | — | — | — |
| 7 | Acrisure Insurance Provider of business insurance, personal insurance, and employee benefit services | — | — | Unfunded | — | 2013 | — | — | — |
| 8 | Alpha Solutions Mgt Provider of annuity and life insurance marketing and support services | — | — | Unfunded | — | 2006 | — | — | — |
Top 5 Insurance Carriers companies in Michigan
#1
Acquired · Grand Rapids, Michigan · founded 1986 · 2529 employees$1.6Mraised▾
Michigan health insurance provider offering diverse plans and award-winning customer care. The company provides a range of health insurance options, including individual and family plans, Medicare, Medicaid, and employer group plans. They focus on providing coverage that prioritizes the customer's needs, lifestyle, and budget. The company emphasizes customer service, mental and behavioral health support, and community relations. They offer resources such as a mobile app, approved drug list, and a find-a-doctor tool. The company is part of an integrated health system and is committed to diversity, equity, and inclusion. They offer career opportunities and focus on employee well-being. The company aims to improve health and inspire hope through its services.
- 2025Grant (prize money)$514.9K
- 2024Grant (prize money)$1.1M
#2
Hagerty 🦄Public · Traverse City, Michigan · founded 1983 · 1874 employees$212.5Mraised▾
Automotive insurance solution provider to users
- Jun 2023Post IPO$80M
- Aug 2019PE$212.5M
#3
Series A · Detroit, Michigan · founded 2014 · 40 employees$23Mraised▾
Provider of home & specialty insurance services
- May 2024Series A$13M
- Sep 2022Seed$10M
- Apr 2021Seed$1.5M
#4
Public · Lansing, Michigan · founded 1961 · 3500 employees$500Mraised▾
In 2022, the company recorded annual revenues of $14.55B and a net profit of $5.69B.
#5
Acquired · Birmingham, Michigan · founded 2009 · 109 employees—raised▾
Niche commercial insurance solutions with exceptional customer service and tailored coverage. This program administrator provides agents and brokers with innovative insurance products for niche and underserved industry groups. They specialize in tailored coverage for markets like cannabis, food and beverage, liquor liability, student housing, and mainstreet businesses. Key functions include underwriting authority, policy administration, claims management, loss control, premium collection, and marketing. They aim to exceed client needs with specially tailored insurance products coupled with exceptional customer service. They offer programs, applications, claims assistance, and agent login. They provide specialized coverage and innovative insurance products for niche commercial markets.
- Oct 2014Series A—
- Dec 2010Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Insurance Carriers coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.