Heffernan Insurance Brokers
Heffernan Insurance Brokers, founded in 1988 and headquartered in Walnut Creek, California, is an employee-owned company offering a wide range of insurance and financial services across the U.S.
Company Overview
Heffernan Insurance Brokers, founded in 1988, is headquartered in Walnut Creek, California. The company offers comprehensive business insurance, personal insurance, employee benefits, and financial services products. With a nationwide presence and offices coast-to-coast, Heffernan Insurance Brokers serves a wide range of businesses and individuals.
Services
Heffernan Insurance Brokers provides a variety of services including business insurance, personal insurance, employee benefits, and financial services. The company offers specialized programs for industries such as cannabis, construction, cyber insurance, education, food industry, healthcare, hospitality, nonprofits, private equity, and M&A, real estate, technology, transportation, and vintners and growers. Additional on-demand insurance services include surety bonds, short-term general liability, and special event insurance. Clients also have access to an online portal for policy management and service requests.
Business Sectors
Heffernan Insurance Brokers specializes in niche practice business areas. These include the nonprofit sector, construction, healthcare, transportation, hospitality, food industry, real estate, and technology. This specialization allows the company to tailor its insurance products and services to meet the unique needs of each sector.
Growth and Revenue
Heffernan Insurance Brokers has achieved significant growth since its founding in 1988. The company has grown its revenue to over $200 million, driven primarily by organic growth and strategic acquisitions. The firm remains employee-owned, which has contributed to its ongoing expansion and success in the insurance industry.
Philanthropy
Heffernan Insurance Brokers is committed to philanthropy, donating over 10 percent of its profits to charity each year. The company has been named a 'Top Corporate Philanthropist' since 2003, reflecting its dedication to giving back to the community. This commitment to philanthropy is a core part of the company’s values and corporate culture.
Corporate Culture
Heffernan Insurance Brokers prides itself on being an employee-focused organization. The company has been named on the insurance industry’s ‘Best Places to Work' lists, highlighting its commitment to creating a positive and supportive work environment. With approximately 500 staff, the company fosters a culture of collaboration and professional growth.