Radar · Insurance Distribution in Indiana
Best Insurance Distribution Companies in Indiana, United States
The 47 best Insurance Distribution companies in Indiana, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Advise Insurance.
By Rohit KhannaTrends & Stories
47companies tracked
$100.7Mdisclosed funding
0unicorns
3have raised
FLIAR INTELLIGENCE · INSURANCE DISTRIBUTION × INDIANA
Our analysis of 50 Insurance Distribution companies
$16.7b in tracked funding; 79% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
50companies analysed
79%cloud-native stacks
2024funding peak (by rounds)
3unicorns
2009median founding year
Ranked: Best Insurance Distribution companies in Indiana
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Advise Insurance Medical insurance brokerage firm 24Funding top 41%Global bottom 36%Market bottom 33% All 3 signals ▾Fundingtop 41% Globalbottom 36% Marketbottom 33% Funding: Raised $100M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) Global: Investors from 1 country beyond United States rank vs industry peers · Fliar Intelligence Index 24/100 | $100M | 65 mo ago | Series D | — | 2017 | — | — |
| 2 | TCB Insurance Programs P&C wholesale insurance broker | $355K | 104 mo ago | Seed | Thom Bradshaw CEO & President | 2006 | — | — |
| 3 | Title Center of Indiana P&C insurance brokerage firm | $320K | 169 mo ago | Seed | — | 2008 | — | 1 award |
| 4 | Ash Brokerage Provider of life insurance brokerage services | — | 111 mo ago | Acquired | Tim Ash CEO | 1971 | Craft CMSSentryApple iCloud Mail+22 | 1 internship |
| 5 | American Specialty Insurance & Risk Services Insurance brokage & TPA services provider | — | — | Unfunded | Drew Smith President & CEO | 1989 | HubSpot CMS Hubcore-jsjQuery+12 | — |
| 6 | Amstutzinsurance Provider of personal and business insurance solutions | — | — | Unfunded | — | 2007 | — | — |
| 7 | Bader P&C insurance broker | — | — | Acquired | Darrell Gambero CEO | 1992 | — | — |
| 8 | Baldwin and Lyons Provider of fleet trucking, independent contractor, and workers' compensation insurance | — | — | Unfunded | Randall Birchfield CEO & President | 1930 | — | — |
Top 4 Insurance Distribution companies in Indiana
#1
Series D · Bloomington, Indiana · founded 2017 · 121 employees$100Mraised▾
Series D · Bloomington, Indiana · founded 2017 · 121 employees
Operator of a Medicare platform intended to preserve the patient-physician relationship by simplifying the Medicare process and keeping elderly people connected to their doctors. The company's platform partners with doctors to offer seminars on Medicare, as well as compares Medicare plans and provides a transparent review of Medicare options, enabling patients to avail proper guidance through the process of finding the perfect healthcare plan and enrolling in a plan that fits their needs.
Fliar Intelligence Index™ 24how this company ranks against its industry peers
Funding
top 41%Global
bottom 36%Market
bottom 33%Funding: Raised $100M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) · Last round Series D (Mar 2021)
Global: Investors from 1 country beyond United States
Market: 121 employees
Funding rounds
- Mar 2021Series D$100M
Investors
Oak HC/FT, Adams Street Partners, Hamilton Lane
#2
Seed · Columbus, Indiana · founded 2008$319.6Kraised▾
Seed · Columbus, Indiana · founded 2008
P&C insurance brokerage firm
LinkedIn Pulse recent public activity · Jul 2026
Audience: 59 LinkedIn followers
Activity: 1 awards announced in 12 mo
Funding rounds
- Jul 2012Seed$20.5K
- Nov 2011Seed$98.5K
- Sep 2011Seed$51.6K
- Jan 2011Seed$32K
Tech stack
DrupalPhpZurb FoundationApache Http ServerDrupal MultisiteModernizr
#3
Seed · Monticello, Indiana · founded 2006$355.1Kraised▾
Seed · Monticello, Indiana · founded 2006
P&C wholesale insurance broker
Founders & team
#4
Acquired · Fort Wayne, Indiana · founded 1971 · 445 employees—raised▾
Acquired · Fort Wayne, Indiana · founded 1971 · 445 employees
Provider of life insurance brokerage services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 23.4% of this cohort's audience
Funding rounds
- May 2017PE—
Founders & team
Investors
Century Equity Partners, Northleaf
Tech stack
AccessibeAddtoanyApple Icloud MailBootstrapCloudflareCloudflare Bot Management
Funding & investor landscape
$100.7Mtotal disclosed funding
3companies funded
8disclosed rounds
0rounds last 90 days
Most active investors
Adams Street Partners1 rounds
Prism market signals · United States · country-scoped Prism corpus, 624,631 docs
Market landscape — 10 sub-themes by coverage
Share of Insurance Distribution coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · United States
How research on Insurtech is moving in the United States
A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 22 United States-affiliated papers.
top research entities
- New York Life Insurance Company2
- Film Independent2
- University of Management and Technology2
- AAA Foundation for Traffic Safety1
- Temple University1
leading researchers
Maryam Saeed · Jeffrey P. Ebert · Catherine C. McDonald · Ruiying Xiong · Dina Abdel-Rahman · Neda Khan · Xin Che · Andre P. Liebenberg
▲
Breakthroughs3 · 14%
0%→0% share
0 median citations100% since 2021mostly methods-led
Breakthroughs are cooling (0%→0% of field), led by Conceptual model.
rising sub-themes (early→recent)
- Conceptual model1
- Conceptual framework1
- Marketing1
- Knowledge management1
- Originality1
Landmark Transforming life insurance buying: conceptual model for the adoption of Life InsurTech services in India · 1 cites
◆
Advancements8 · 36%
0%→0% share
2 median citations88% since 2021mostly empirical
Advancements are cooling (0%→0% of field), led by Actuarial science.
rising sub-themes (early→recent)
- Actuarial science2
- Telematics1
- Incentive1
- Poison control1
- Baseline (sea)1
Landmark Usage-Based Insurance—Impact on Insurers and Potential Implications for InsurTech · 35 cites
▼
Concerns3 · 14%
0%→0% share
0 median citations100% since 2021mostly reviews
Concerns are cooling (0%→0% of field), led by Position (finance).
rising sub-themes (early→recent)
- Position (finance)1
- Geopolitics1
- Insurance law1
- European union1
- Index (typography)1
PATENT SIGNAL · United States
Who's filing insurtech patents in the United States
United States insurtech patent filing is steady — 15 filings from 7 assignees (2018–2025), led by State FARM Mutual Automobile Ins, Grunfeld ERIC, Allstate Insurance; annual filings 1→1.
15 filings7 assigneespeak 5/yr2018–2025
filing momentum (YoY 2018–2025)
top patent filers
- State FARM Mutual Automobile Ins6
- Grunfeld ERIC5
- Allstate Insurance4
- Clover Health3
- Fiete Stephen2
- Cripe Frederick F2
- American Family Mutual Insurance1
Common questions
How many Insurance Distribution companies are there in Indiana, United States?
Radar tracks 47 indexable Insurance Distribution companies headquartered in Indiana, United States that meet our profile-completeness bar.
What is the total funding raised by Insurance Distribution companies in Indiana, United States?
The Insurance Distribution companies in Indiana, United States on this list have raised a combined $100.7M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Insurance Distribution company in Indiana, United States?
Advise Insurance is the highest-funded Insurance Distribution company in Indiana, United States, with $100M in disclosed equity funding.
How many Insurance Distribution companies in Indiana, United States are funded?
3 of the 47 Insurance Distribution companies in Indiana, United States on this list have disclosed at least one equity funding round.
How many Insurance Distribution unicorns are there in Indiana, United States?
None of the Insurance Distribution companies in Indiana, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indiana, United States Insurance Distribution companies?
The most active investors in Indiana, United States Insurance Distribution companies on this list include Adams Street Partners, Argo Partners, Century Equity Partners, Hamilton Lane, Northleaf.
Rohit KhannaTrends & Stories
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.