Insurance Distribution · United States, India

Best Insurance Distribution Companies in United States

Updated 2026-06-16 · Ranked by funding & momentum

3693 indexable Insurance Distribution companies headquartered in United States, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $17.2B across 129 funded companies, including 3 unicorns.

3,693
Companies
$17.2B
Total Funding
129
Funded
3
Unicorns
4
Rounds (90d)

Ranked: Best Insurance Distribution companies in United States

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Devoted Health Unicorn
Provider of healthcare insurance plans for individuals
$2.3B $12.6B
as of 2021
Series F Series F Jan 2026 1,841 2017 ↑ Active
2 Lockton
Provider of risk management, insurance, and reinsurance brokerage services
$600M Acquired Conventional Debt May 2026 10,128 1966 ↑ Active
3 Amwins
Provider of property & casualty insurance services
$214.5M Acquired Series D Apr 2026 7,200 2001 ↑ Active
4 IMA Financial Group
Diversified financial services company
$199.7M Series C Unattributed May 2026 2,703 1974 ↑ Active
5 M Financial Group
Network of independent firms offering life insurance and financial services
$310M Series E Series E Mar 2026 272 1978 ↑ Active
6 HUB International Unicorn
Provider of investment advisory, insurance distribution, and risk management services
$5.6B $23B
as of 2023
Acquired PE May 2025 17,000 1998 ↑ Active
7 Highstreet Insurance Partners
Provider of independent insurance agency for liability, home, auto, personal, and business sectors
$550M Funding Raised Conventional Debt Aug 2025 2,000 2018 ↑ Active
8 Novella
Provider of wholesale insurance brokerage services for commercial and specialty lines
$21M Series B Series B May 2026 2024 ↑ Active
9 Indigo
Provider of medical professional liability insurance with rigorous defense and competitive rates
$50M Series B Series B Jan 2026 2023 ↑ Active
10 Nassau Financial Group
Provider of diversified insurance brokerage services
$1.2B Series F Series F Jan 2025 494 1851 ↑ Active
11 HealthBridge
Health insurance distributor
$33.2M Series C Conventional Debt Nov 2025 40 2017 ↑ Active
12 Health Net
Provider of health plans and related services
$175M Acquired Grant (prize money) 2025 2,600 1977 ↑ Active
13 Cover Whale
Provider of commercial truck insurance, saving wholesale and retail insurance
$43M Series B Series B Jul 2025 131 2019 ↑ Active
14 Modern Life
Provider of insurance advisory services
$15M Series A Series A Nov 2025 28 2021 ↑ Active
15 SureCo
Healthcare focused insurance brokerage firm
$23M Series A Series A Sep 2025 103 2015 ↑ Active
16 Insurance Office of America
Insurance solutions, risk management, and employee benefits for diverse industries
$10.6M Series B Series B Oct 2025 1,329 1988 ↑ Active
17 Holmes Murphy & Associates
P&C insurance brokerage firm
$26.2M Series C Series C Jun 2025 951 1996 ↑ Active
18 Beacon Title Agency
Provider of title insurance and real estate transaction services
$615.3K Series A Series A Jan 2026 7 2007 ↑ Active
19 Leavitt
Network of independent insurance agencies offering commercial, employee benefits, and personal insurance
$25M Series C Series C Nov 2024 2,411 1952 ↑ Active
20 Boost
Provider of infrastructure for digital insurance programs, MGAs, and embedded insurance
$37M Series B PE Jul 2024 2 2017 ↑ Active
21 Sigo Seguros
Provider of digital platform offering automobile insurance policies and related services
$22.7M Series A Series A Jul 2024 18 2017 ↑ Active
22 Bright HealthCare Unicorn
Online health insurance platform for individuals and businesses
$1.6B $10.6B
as of 2021
Series E Series E Sep 2020 47 2015
23 XPT
Wholesale insurance brokerage specializing in niche markets
$6M Series B Series B Nov 2024 203 2017 ↑ Active
24 Liberty Company
Provider of commercial, personal, and employee benefits insurance solutions
$4M Series A Conventional Debt Feb 2025 287 1987 ↑ Active
25 Walnutrisk
Comprehensive insurance solutions tailored for commercial, personal, and specific industry needs
$3.1M Series A Series A Mar 2025 15 2013 ↑ Active
26 Alera Group
Provider of HR, life & health insurance, general liability, and other services
$250M Acquired Series C Apr 2023 4,000 1995
27 Aidentified
Diversified insurance brokerage firm
$32.8M Series B Series B Jun 2024 42 2018
28 Juno kids
Provider of disability insurance services
$8.5M Series A Series A Jul 2024 2018 ↑ Active
29 Marpai
Provider of data analysis services leveraging AI aimed at healthcare sector
$200K Public Post IPO Oct 2025 303 2019 ↑ Active
30 INSURICA
Provider of specialized insurance programs for businesses and individuals
$83.5M Series C Series C Aug 2023 610 1959
31 Etifinance
Provider of insurance premium financing solutions for independent agents
$300M Funding Raised Conventional Debt Feb 2022 20 2001
32 Fortegra
Provider of specialty insurance and warranty solutions
$200M Acquired PE Jun 2022 727 1978
33 Higginbotham
Provider of independent insurance brokerage and risk management services
$19.5M Unfunded Mar 2024 2,500 1948
34 Florida One Insurance
Provider of car insurance services
$34.3M Funding Raised Nov 2023 41 2014
35 Protecdiv
Diversified insurance brokerage firm
$1.6M Series A Series A Oct 2024 5 2018 ↑ Active
36 Alignment Health
Provider of health insurance services
$375M Public Series C Mar 2020 906 2013
37 Constellation
Provider of insurance brokerage services
$500M Series D Series D Oct 2019 189 2015
38 BroadStreet Partners
Insurance brokerage providing co-ownership investment in independent agencies
$510M Series A Conventional Debt Nov 2016 2,243 2001
39 Gold Kidney
Provider of Medicare Advantage plans specializing in chronic conditions
$60M Late Stage PE Dec 2022 60 2021
40 Confie
Distributor of personal lines insurance for standard and non-standard markets
$345M Acquired Conventional Debt Nov 2018 2,122 2008
41 AssuredPartners
Provider of life insurance, risk management, and other services
$219.1M Acquired Series C Sep 2014 15 2011
42 Piedmont Triad Insurance
Provider of online casino games and mobile applications
$1.1M Funding Raised Conventional Debt Aug 2024 27 2007 ↑ Active
43 Skyward Specialty Insurance
Provider of property and casualty insurance services
$157.5M Public Conventional Debt Jun 2019 448 2007
44 Advise Insurance
Medical insurance brokerage firm
$100M Series D Series D Mar 2021 121 2017
45 Propel Insurance
Diversified insurance broker
$155.4M Acquired PE May 2018 580 1923
46 Worldwide Facilities
Provider of wholesale specialty insurance products and services
$169M Acquired PE Jul 2015 179 1970
47 CAC Group
Provider of insurance brokerage and advisory services across various sectors
$10.2M Acquired Unattributed Jun 2023 1997
48 NSM Insurance Group
Provider of insurance brokerage services
$160M Acquired Conventional Debt 2016 654 2011
49 Sertis
Provider of property insurance brokerage services
$3.2M Seed Seed Mar 2024 50 2022
50 Rosemary Holding
Provider of insurance brokerage services
$30.2M Series C Apr 2022 1963

Top 12 Insurance Distribution companies in United States

#1
Devoted Health Unicorn Series F
$2.3B Raised
expand_more
#1

Devoted Health Unicorn Series F

location_onEagan, Minnesota
Founded
2017
Employees
1,841
Funding raised
$2.3B
Valuation
$12.6B · 2021
Stage
Series F

Provider of healthcare insurance plans for individuals. It offers medicare plans and insurance benefits for various healthcare services with benefits and savings, including dental and over-the-counter benefits. It also offers plans for doctor visit, dental and vision protection, hospitals treatment coverage, and more. Also offers insurance comparison guide devoted to health.

Funding rounds (9 disclosed of 9)
Round Date Amount
Series F Jan 2026 $317M
Series F Nov 2025 $48M
Series E Aug 2024 $112M
Series E Dec 2023 $175M
Series D Oct 2021 $1.1B
Series C Apr 2020 $450M
3 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon s3amazon web servicesant designapolloapple icloud mail+14
#2
Lockton Acquired
$600M Raised
expand_more
#2

Lockton Acquired

location_onKansas City, Missouri
Founded
1966
Employees
10,128
Funding raised
$600M
Stage
Acquired

Provider of risk management, insurance, and reinsurance brokerage services. The company offers detailed reviews and analysis of business operations and risk profiles. It delivers expertise in the insurance market. The company combines knowledge of the market with a global network.

Funding rounds (1 disclosed of 1)
Round Date Amount
Conventional Debt May 2026 $600M
Tech stack
node.jsmuireactnext.jsstyled-componentsemotion+7
#3
Amwins Acquired
$214.5M Raised
expand_more
#3

Amwins Acquired

location_onCharlotte, North Carolina
Founded
2001
Employees
7,200
Funding raised
$214.5M
Stage
Acquired

Provider of property & casualty insurance services

Funding rounds (21 disclosed of 23)
Round Date Amount
Series D Apr 2026 $32.6M
Series D Oct 2025 $35.3M
Series D Apr 2025 $33.6M
Series D Oct 2024 $32.5M
Series C May 2024 $27.3M
Series C Nov 2023 $30.8M
17 earlier rounds — sign up free
Founders & key people
Tech stack
animate.cssaosapache http serverapple icloud mailazureazure edge network+14
#4
$199.7M Raised
expand_more
#4

IMA Financial Group Series C

location_onWichita, Kansas
Founded
1974
Employees
2,703
Funding raised
$199.7M
Stage
Series C

IMA Financial Group, Inc. is a diversified financial services company providing business, personal, specialty, wealth management related services

Funding rounds (6 disclosed of 6)
Round Date Amount
Unattributed May 2026 $4.1M
Unattributed Dec 2023 $11.3M
Unattributed Oct 2023 $15.3M
Unattributed Aug 2023 $100K
Unattributed Sep 2022 $16.9M
Unattributed Aug 2022 $49M
Tech stack
animate.cssbootstrapcdnjscloudflarecloudflare bot managementcontact form 7+14
#5
$310M Raised
expand_more
#5

M Financial Group Series E

location_onPortland, Oregon
Founded
1978
Employees
272
Funding raised
$310M
Stage
Series E

Network of independent firms offering life insurance and financial services to high-net-worth individuals and businesses. It provides access to exclusive products and services developed through partnerships with leading insurance carriers. These offerings encompass life insurance, executive benefits, and wealth solutions. The network also offers support services, digital platforms, and professional development progra

Tech stack
webflowjquery-pjaxcloudflarejquerygoogle tag managergoogle hosted libraries+5
#6
HUB International Unicorn Acquired
$5.6B Raised
expand_more
#6

HUB International Unicorn Acquired

location_onChicago, Illinois
Founded
1998
Employees
17,000
Funding raised
$5.6B
Valuation
$23B · 2023
Stage
Acquired

Provider of investment advisory, insurance distribution, and risk management services

Funding rounds (3 disclosed of 6)
Round Date Amount
PE May 2025 $1.6B
PE May 2023 Undisclosed
PE Nov 2018 Undisclosed
Conventional Debt May 2018 $3.8B
Conventional Debt Apr 2013 Undisclosed
Conventional Debt May 2012 $215M
Tech stack
adobe analyticsadobe audience manageradobe experience platform identity serviceadobe experience platform launchamazon cloudfrontamazon s3+14
#7
$550M Raised
expand_more
#7

Highstreet Insurance Partners Funding Raised

location_onTraverse City, Michigan
Founded
2018
Employees
2,000
Funding raised
$550M
Stage
Funding Raised

Provider of independent insurance agency for liability, home, auto, personal, and business sectors

Funding rounds (1 disclosed of 1)
Round Date Amount
Conventional Debt Aug 2025 $550M
Founders & key people
#8
Novella Series B
$21M Raised
expand_more
#8

Novella Series B

location_onNew York, New York
Founded
2024
Funding raised
$21M
Stage
Series B

Provider of wholesale insurance brokerage services for commercial and specialty lines. The company offers access to various markets for property, liability, and other commercial insurance products. It provides brokers with tools for submission tracking and quote management. The company focuses on assisting brokers in securing coverage for complex customer needs.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series B May 2026 $21M
Founders & key people
#9
Indigo Series B
$50M Raised
expand_more
#9

Indigo Series B

location_onNashville, Tennessee
Founded
2023
Funding raised
$50M
Stage
Series B

Indigo is an insurance company that provides medical professional liability insurance to physicians and groups. They offer rigorous defense and competitive rates, allowing physicians to focus on their patients rather than their insurance coverage. Indigo enables physicians to quickly get fully covered with easy access to quotes, coverage information, and support.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series B Jan 2026 $50M
Tech stack
apple icloud mailbootstrapcloudflarecore-jsfacebook pixelgoogle analytics+14
#10
$1.2B Raised
expand_more
#10

Nassau Financial Group Series F

location_onHartford, Connecticut
Founded
1851
Employees
494
Funding raised
$1.2B
Stage
Series F

Provider of diversified insurance brokerage services

Funding rounds (4 disclosed of 4)
Round Date Amount
Series F Jan 2025 $200M
Conventional Debt Feb 2024 $250M
Series E Sep 2023 $130M
Series D Jan 2021 $100M
Tech stack
activecampaignamazon cloudfrontamazon s3amazon sesamazon web servicesaos+14
#11
HealthBridge Series C
$33.2M Raised
expand_more
#11

HealthBridge Series C

location_onGrand Rapids, Michigan
Founded
2017
Employees
40
Funding raised
$33.2M
Stage
Series C

Health insurance distributor

Funding rounds (7 disclosed of 7)
Round Date Amount
Conventional Debt Nov 2025 $20M
Series C Aug 2024 $17.9M
Series B Apr 2023 $8.4M
Series B May 2021 $14.2M
Series A Apr 2020 $1.5M
Series A May 2019 $8.3M
1 earlier round — sign up free
Tech stack
accessibeapple icloud mailcloudflarecloudflare bot managementdetectifygoogle analytics+13
#12
Health Net Acquired
$175M Raised
expand_more
#12

Health Net Acquired

location_onLos Angeles, California
Founded
1977
Employees
2,600
Funding raised
$175M
Stage
Acquired

Provider of health plans and related services. This entity offers health insurance plans for individuals, families, and businesses of all sizes, including Medi-Cal and Medicare plans. Additional services encompass behavioral health, pharmacy benefits, and support programs. The company also facilitates access to a provider network and offers various resources for members, including online tools and language assistance

Tech stack
adobe audience manageradobe experience manageradobe experience platform launchakamaiamazon cloudfrontamazon web services+14

Recent signals in United States Insurance Distribution

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Funding & investor landscape

Total raised
$17.2B
across these companies
Companies funded
129
with disclosed funding
Highest-funded
$5.6B raised

Most active investors

SC Stone Point Capital 8 investments in Insurance Distribution NF NewStar Financial 7 investments in Insurance Distribution AC Ares Capital Corporation 5 investments in Insurance Distribution BI BHMS Investments 5 investments in Insurance Distribution CP Century Equity Partners 4 investments in Insurance Distribution FF Flexpoint Ford 4 investments in Insurance Distribution HI HUB International 4 investments in Insurance Distribution HP HarbourVest Partners 4 investments in Insurance Distribution LP LNC Partners 4 investments in Insurance Distribution M M2AFO 4 investments in Insurance Distribution SC SkyKnight Capital 4 investments in Insurance Distribution UA United States Department of Agriculture 4 investments in Insurance Distribution

Notable founders in United States Insurance Distribution

TP Todd Park Co-Founder, Executive Chairman Devoted Health · $2.3B raised
EP Ed Park Co-Founder & Co-CEO Devoted Health · $2.3B raised
SH Suad Hashi Co-CEO Devoted Health · $2.3B raised
JL Jack Lockton Founder Lockton · $600M raised
RL Ron Lockton Chairman and CEO Lockton · $600M raised
SP Scott Purviance CEO Amwins · $214.5M raised
JK James Krantz Founder IMA Financial Group · $199.7M raised
RC Robert Cohen Chairman and CEO IMA Financial Group · $199.7M raised
SW Scott Wick Founder & CEO Highstreet Insurance Partners · $550M raised
MK Max Kane CEO Novella · $21M raised
BD Braden Davis Co-Founder Indigo · $50M raised
JK Jared Kaplan Co-Founder & CEO Indigo · $50M raised

Frequently asked questions

How many Insurance Distribution companies are there in United States?
Radar tracks 3693 indexable Insurance Distribution companies headquartered in United States, India, that meet our profile-completeness bar.
What is the total funding raised by Insurance Distribution companies in United States?
The Insurance Distribution companies in United States on this list have raised a combined $17.2B in disclosed equity funding across 129 funded companies.
Which is the highest-funded Insurance Distribution company in United States?
HUB International is the highest-funded Insurance Distribution company in United States, with $5.6B in disclosed equity funding.
How many Insurance Distribution companies in United States are funded?
129 of the 3693 Insurance Distribution companies in United States on this list have disclosed at least one equity funding round.
How many Insurance Distribution unicorns are there in United States?
3 Insurance Distribution companies in United States on this list are valued at $1B or more.
Who are the top investors in United States Insurance Distribution companies?
The most active investors in United States Insurance Distribution companies on this list include Stone Point Capital, NewStar Financial, Ares Capital Corporation, BHMS Investments, Century Equity Partners.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-16.

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