Broadfield Group, LLC

Broadfield Group LLC is a diversified insurance provider that specializes in customized coverage solutions for personal and commercial sectors. The company’s expertise spans numerous industries, ensuring comprehensive risk management for its clients. Founded in 1864 in Warwick, US, Broadfield Group LLC offers a wide range of insurance services. The company was acquired in April 2019 by Peter C.

Foy & Associates Insurance Services, LLC. Over its long history, Broadfield has maintained a focus on expanding its service offerings but does not have any reported subsidiaries. Broadfield Insurance specializes in delivering tailored insurance solutions across various sectors, including Personal Insurance, Construction, Cyber Liability, Technology, Agriculture, Restaurants, Municipalities, Real Estate, Professional Liability, and Garage/Automotive industries. Their core offerings include home, auto, life, health, and business insurance, designed to protect clients' personal and commercial assets from various risks.

With over 280 locations across 40 states in the U. S. , Broadfield provides comprehensive coverage solutions tailored to the unique requirements of individuals and businesses, emphasizing community engagement and personalized service. Broadfield Insurance generates revenue through a commission-based model, facilitating transactions between insurance carriers and clients.

The company primarily operates a Business-to-Consumer structure, enabling individuals and businesses to purchase tailored insurance policies directly. Flagship products include home insurance, auto insurance, and business liability insurance, which are integral to the company’s overall service portfolio. Broadfield Group LLC is strategizing future growth by focusing on the launch of new specialized insurance products in the upcoming quarters. The company plans to expand its services into new markets, particularly targeting the Southwestern and Southeastern regions of the U.

S. by the end of 2024. The recent acquisition in April 2019 will enable Broadfield to leverage additional resources and expertise, facilitating these expansion efforts.