How Reliable Is Coterie Insurance?
Coterie Insurance reliability: licensing, legal entities, financial evidence and the scope behind its Spot Score.
Assessment
5.1/ 10This partial Carrier & MGA Spot Score covers claims and servicing, carrier-network strength, disclosure clarity within the stated scope. It uses 45% of the rubric’s factor weighting, normalized to a ten-point scale. The excluded factors remain unknown, and evidence for one program does not describe another.
Partial score — 45% of this rubric’s factor weighting. Excluded: Identity and Authority, Financial Resilience, Regulatory Conduct
Assessed 2026-09-21 · Review due 2026-10-21
| Factor | Weight | Included | Score | Basis |
|---|---|---|---|---|
| Identity and Authority | 15% | — | Excluded | Current authority and applicable appointments or delegations have not been independently established across the assessed scope. |
| Financial Resilience | 20% | — | Excluded | The available financial evidence does not establish resources and material capacity arrangements across the assessed entities and role. |
| Claims and Servicing | 20% | 44.4%normalized | 2.0 / 4 | [7][2][1][6] |
| Carrier-Network Strength | 15% | 33.3%normalized | 2.0 / 4 | [7][2][1] |
| Regulatory Conduct | 20% | — | Excluded | A complete, exact-entity regulatory-conduct review for the preceding five years is unavailable. |
| Disclosure Clarity | 10% | 22.2%normalized | 2.1 / 4 | [7][3][4][8][9][13][12][2][1][6] |
Included weights are normalized over the supported factors.
Evidence and Scope
Role: Managing general agent. Scope: Coterie brand/platform and Coterie Insurance Agency, LLC as an agency/MGA operation, with exact carrier evidence limited to Spinnaker Insurance Company for eligible Texas coastal BOP risks. No provider-wide rating or universal state-authority conclusion is verified.
Legal Identity
Coterie’s current terms name Coterie Applications, Inc. as a provider of the website and related platform, while the website footer identifies Coterie Insurance Agency and displays NPN 19000811 and Wisconsin license 3000452677. A Coterie/Allianz X announcement describes the Coterie business as a tech-enabled managing general agent for small-business commercial P&C products. The cited materials therefore support separate platform, agency/MGA, carrier and reinsurer roles rather than treating the Coterie brand as the policy insurer.[7][3][4]
Licensing
Florida’s corporate registry identifies Coterie Insurance Agency, LLC as an active company. This establishes corporate registration, not insurance authority. Coterie displays Wisconsin license 3000452677 and NPN 19000811. Wisconsin OCI explains that a firm’s authority depends on its designated responsible licensed producer and active lines. Current Wisconsin and Massachusetts insurance authority has not been independently established.[8][3][9][13][12]
Financial Strength
The current public materials cited do not provide Coterie Insurance Agency, LLC’s audited operational financials or liquidity information, and they do not provide an exact current carrier allocation for all products and states. AM Best’s January 2026 rating action gives Spinnaker Insurance Company an A- (Excellent) financial-strength rating with stable outlook. That rating describes Spinnaker, not Coterie’s MGA operations, and does not apply automatically to every Coterie product.[11][5]
Risk-Bearing Relationships
Coterie’s terms contain mixed issuer wording: the introduction says products may be issued directly by Coterie or by carrier partners, while the policy section says carrier partners underwrite and issue policies. The quote and declarations therefore must establish the exact issuer for a transaction. Its September 2026 coastal guide expressly states that eligible Texas coastal risks are written with Spinnaker Insurance Company, while describing different state-specific appetite and carrier placement rules for inland risks. The Coterie/Allianz X announcement says Allianz Reinsurance has reinsured Coterie since 2023 and that the relationship was being expanded, but it does not disclose treaty terms, participation share, collateral or a policyholder guarantee.[7][2][1]
Claims and Service
Coterie publishes separate support routes for agents and policyholders, including chat, phone and email, and tells policyholders to contact their agent or broker first for questions. The terms say policy coverage remains subject to the applicable policy and carrier terms. These materials document access and escalation channels, but they do not independently establish claims outcomes, response performance or the identity of the claims administrator for every product and state.[6][7]
Regulatory Record
Evidence gaps
- Current Wisconsin SBS agency record, exact license class, DRLP and active lines were not independently established in this record; Coterie’s Wisconsin number remains company-reported.
- Current Massachusetts insurance authority has not been independently established.
- Current carrier-by-product-by-state mapping is incomplete. Spinnaker is identified only for eligible Texas coastal BOP risks and is not generalized.
- Coterie Insurance Agency, LLC audited operational financials and liquidity evidence were not located in the public cited materials; insurer solvency evidence belongs to the separately identified issuing entities.
- Allianz Reinsurance participation, treaty terms, collateral and product/state allocation are not publicly disclosed in the cited material.
- The cited materials do not provide a complete claims-administrator map, claims performance dataset or resolved regulatory-conduct search for the defined five-year window.
- The current source set does not identify every carrier partner by product and state.
Jurisdiction searches
| Jurisdiction | Result | Notes |
|---|---|---|
 WisconsinWisconsin Office of the Commissioner of Insurance | Source inaccessible[13][12][3] | Wisconsin OCI directs agency searches to State Based Systems. Coterie’s displayed Wisconsin license 3000452677 remains company-reported; current authority has not been independently established. |
 MassachusettsMassachusetts Division of Insurance | Source inaccessible[9] | Current Massachusetts authority, license status and renewal dates have not been independently established. |
 US/DCNational Association of Insurance Commissioners | Not researched[4][5][10] | No completed five-year conduct result or exhaustive authority inventory is established for this scope. Coterie’s marketing says products are available in all 50 states, but this is not used as license or underwriting-authority evidence. |
Licenses and Authority
These are reviewed authority records for the named legal entities and scope. A license record does not establish that a particular policy is available, bound, or suitable.
| Entity and jurisdiction | Identifier | License class and authority |
|---|---|---|
| Coterie Insurance Agency, LLCWisconsin | State license: 3000452677[3][13][12] | Firm/agency license as represented by Coterie; exact class and current SBS record not independently established in this record; Unknown; Wisconsin OCI says firm authority depends on the designated responsible licensed producer and active lines |
| Coterie Insurance Agency, LLCUnited States | National Producer Number: 19000811[3][12] | National Producer Number as displayed by Coterie; NPN is an identifier, not state authority; Unknown |
Sources
- Allianz X Announces Strategic Investment in Coterie Insurance. Coterie Insurance / Allianz X; Paragraphs 18–19: Allianz Re described as a reinsurer of Coterie since 2023 and relationship expansion; no treaty terms, participation share or policy-specific allocation disclosed. Accessed 2026-09-21.
- Coterie’s Coastal Business Insurance Appetite: A State-by-State Guide for Agents. Coterie Insurance; September 11, 2026; coastal BOP scope in seven states; Texas section and FAQ expressly naming Spinnaker Insurance Company for eligible Texas coastal risks; footer legal entity and identifiers. Accessed 2026-09-21.
- Coterie Insurance - Small Business Insurance. Coterie Insurance; Agents and brokers, small-business customer workflow, carrier/reinsurer marketing statement, footer agency name, NPN and Wisconsin license number. Accessed 2026-09-21.
- Allianz X Announces Strategic Investment in Coterie Insurance. Coterie Insurance / Allianz X; September 11, 2025 announcement, paragraphs describing Coterie as a tech-enabled managing general agent; Allianz Reinsurance relationship; company description and 50-state marketing statement. Accessed 2026-09-21.
- Quick Start: Quote & Bind Small Business Insurance with Coterie. Coterie Insurance; March 27, 2026; stated admitted BOP, GL and professional-liability product scope; carrier-rating statement; workflow and state/product qualification in FAQ. Accessed 2026-09-21.
- Contact Coterie Support. Coterie Insurance; Support channels for agents and policyholders; business-hours chat/phone; policyholder instruction to contact the agent first; footer agency identifiers. Accessed 2026-09-21.
- Terms and Conditions. Coterie Applications, Inc. / Coterie Insurance; Effective September 10, 2026; Introduction; Section 1 Products and Services; Section 9 AI Technologies; Section 10 Authorized Producer and Agency Terms. Accessed 2026-09-21.
- Detail by Entity Name: Coterie Insurance Agency, LLC. Florida Department of State, Division of Corporations; Foreign limited liability company; exact name COTERIE INSURANCE AGENCY, LLC; active status; principal Appleton address; Coterie Applications, Inc. member; 2026 annual report. Accessed 2026-09-21.
- Licensed P&C Agencies. Massachusetts Division of Insurance; Massachusetts P&C agency-list route; current Coterie authority and date are not established in this record. Accessed 2026-09-21.
- Consumer. National Association of Insurance Commissioners; Consumer tools and insurance-department links; confirms state, District of Columbia and territory regulator structure; no Coterie-specific result. Accessed 2026-09-21.
- AM Best Affirms Credit Ratings of Members of Spinnaker Insurance Group. AM Best; January 28, 2026 rating action: Spinnaker Insurance Company FSR A- (Excellent), Long-Term ICR a- (Excellent), stable outlook; group and 100%-reinsured subsidiary scope. Accessed 2026-09-21.
- OCI Lookup Tools. Wisconsin Office of the Commissioner of Insurance; Lookup instructions for an insurance agency; directs users to State Based Systems and requires Wisconsin, Licensee and Business Entity search parameters. Accessed 2026-09-21.
