Veracity Insurance Solutions has once again secured its position among the fastest-growing private companies in America, marking its second consecutive year on the 2025 Inc. 5000 list with an impressive 95% growth over the past three years. This achievement underscores the company's commitment to revolutionizing the way small businesses and independent professionals access insurance, blending technology with personalized service to meet the evolving needs of today's entrepreneurs.
Daryle Stafford, CEO of Veracity Insurance, attributes the company's success to its dedicated team and innovative approach. "We're building tools and products that help customers get covered faster, with options that fit the way they work today," Stafford said. This strategy has not only propelled Veracity's growth but also reinforced its reputation as a leader in providing tailored insurance solutions for a wide range of industries.
Veracity's portfolio includes specialized brands and custom partner programs catering to over 200 classes of businesses nationwide. Notable among these are Insurance Canopy, offering policies for more than 20 industries, and programs like the Food Liability Insurance Program (FLIP) and Artists, Crafters, and Tradesmen (ACT) Insurance, designed to meet the unique needs of food and beverage operators and creative professionals, respectively.
The company's expansion into new product lines, including coverage for event-based businesses and gig-economy professionals, along with the launch of instant integrations with online booking platforms, has further solidified its position in the market. These innovations enable customers to secure coverage swiftly, often receiving proof of insurance within minutes, a significant departure from traditional underwriting processes.
Veracity's recognition on the Inc. 5000 list is complemented by its inclusion in CNBC’s 2025 list of the Top 30 InsurTech Companies in the World, a testament to its impact on the insurance technology sector. By combining technology with specialty underwriting, Veracity is addressing the gap in the market for flexible, accessible insurance options for small business owners, a demographic often underserved by conventional carriers.
The continued growth and accolades of Veracity Insurance Solutions highlight the shifting preferences of entrepreneurs towards online insurance solutions that offer both convenience and personal service. As the company forges ahead, its focus on innovation and customer-centric solutions is set to redefine the landscape of insurance for small businesses and independent professionals.
