Insurance brokers
Propel Insurance
Propel Insurance is an independent insurance brokerage founded in 1923 that places commercial property and casualty coverage, surety bonds, workers' compensation programs, and employee benefits. It is part of Alera Group.
Engagements pair insurance advisors and risk managers with claims specialists and administrative support rather than a single producer. Workers' compensation work includes traditional and alternative programs — loss-sensitive, first-dollar, deductible, and group retrospective plans — coordinated in-house loss control, and Comp360, a team of claims and loss control consultants focused on prevention, complex claims, and return-to-work programs. The surety practice advises on streamlining the bonding process and expanding bonding capacity, and works directly with underwriters.
Propel reports more than 600 employees and 12 locations. Industry practices listed include affordable housing, manufactured housing, real estate, senior care, hospitality, construction, logging, banking, education, healthcare, manufacturing, non-profits, public entities, and transportation. Coverage lines span commercial property and liability, management liability, directors and officers, cyber liability, professional liability, loss control and safety programs, and personal lines. The surety team lists membership in the Surety Association of Washington and the National Association of Surety Bond Producers.
The site does not list offices by city or publish state licensing, though its team roster shows staff in Tacoma and Seattle, Washington; Portland, Oregon; Greenwood Village, Colorado; Knoxville, Tennessee; Atlanta, Georgia; and Columbia, South Carolina. Ask which office and which carriers would handle a habitational or manufactured housing account.
Best for
Owners and operators of apartment, manufactured housing, affordable housing, and senior care property who want a broker with in-house claims and loss control support. Less of a fit for a single small rental.
What they do
- Commercial property and general liability placement
- Management liability and directors and officers coverage
- Cyber liability
- Professional liability
- Surety and contract bonds
- Workers' compensation, including loss-sensitive and group retrospective plans
- Claims advocacy and loss control services
- Employee benefits and private exchange
- Personal lines including auto, home, and umbrella
Details
| Attribute | Value |
|---|---|
| Founded | 1923 |
| Ownership | Subsidiary |
| Team size | 501-1,000 employees |
| Memberships | Surety Association of Washington, National Association of Surety Bond Producers |
What stands out
- Founded in 1923; the site reports more than 600 employees and 12 locations.
- Part of Alera Group, a national insurance and wealth management firm.
- Industry practices include affordable housing, manufactured housing, real estate, senior care, and hospitality.
- Comp360 pairs claims and loss control consultants on complex workers' compensation claims, including return-to-work programs.
- Surety team lists membership in the Surety Association of Washington and the National Association of Surety Bond Producers.