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Insurance brokers

INSURICA

INSURICA is an independent insurance agency headquartered in Oklahoma City. It places commercial property and casualty coverage, employee benefits, personal lines, workers' compensation, and Medicare and individual health plans, and organizes its practice around core industries including construction, energy, healthcare, and manufacturing.

Commercial accounts follow a documented process the agency calls RM4U: a risk assessment of the client's exposures, a risk report on their potential impact, a performance plan with a service calendar, and a stewardship meeting for ongoing review. Because the agency is independent, it compares coverage and pricing across multiple carriers. Clients with more complex operations can add alternative risk and captive consulting, claims management, loss control, and background screening.

INSURICA reports placing over $2 billion in annual premiums, which it says ranks it among the 40 largest insurance brokers in the United States and makes it the 25th largest privately held independent agency in the country. It employs more than 1,000 colleagues in 35+ offices located in Oklahoma, Arizona, Arkansas, California, Colorado, Florida, Georgia, Kansas, Missouri, North Carolina, and Texas, and is a partner in Assurex Global.

A separate unit, INSURICA Direct (formerly INSURICA Express), serves small business accounts on its own phone line and says it covers over 12,000 small businesses. Because service is delivered through a local agent relationship, confirm which office would handle the account and which carriers it can access.

Best for

Businesses in the states where INSURICA has offices that want an independent agency with industry practices in construction, energy, healthcare, and manufacturing. Small accounts are routed to INSURICA Direct on a separate line.

What they do

  • Commercial property and casualty insurance
  • Employee benefits program design and brokerage
  • Personal insurance and private client coverage
  • Workers' compensation programs
  • Claims management
  • Loss control services
  • Alternative risk and captive consulting
  • Background screening
  • Medicare and individual/family health insurance
  • Small business coverage through INSURICA Direct

Details

AttributeValue
OwnershipPrivate
Team size1,000+ employees
MembershipsAssurex Global Partner

What stands out

  • Places over $2 billion in annual premiums, which it says ranks it among the 40 largest insurance brokers in the United States.
  • States it is the 25th largest privately held independent agency in the country.
  • Employs more than 1,000 colleagues in 35+ offices from Oklahoma and Texas to Arizona, Florida, and North Carolina.
  • Partner in the Assurex Global brokerage group.
  • INSURICA Direct says it covers over 12,000 small businesses.