P

Paragon Insurance Holdings

Specialty program administrator for niche lines

Overview

Paragon Insurance Holdings provides specialty program administration for retail brokers and carrier partners. It offers a range of workers’ compensation and niche programs (including Auto Dealership, Golf Course, Pest Control, Rental Equipment, Habitation, Septic/Portable Sanitation, Propane, Home Heating Oil and School Bus) through a narrow distribution model that aligns multiple parties and drives stable, tailored insurance programs. The company sources programs via strategic trading partners and then handles the operational work—underwriting, administration, and service—so brokers and carriers can focus on growth. This makes Paragon different from others by emphasizing long-standing relationships, deep market knowledge, and strong service capabilities over broad, generic product lines. The goal is to improve the business of retail brokers and carrier partners by delivering consistent, specialized programs with strong support and execution.

Work here?Claim your company

About Paragon Insurance Holdings

Simplify's Rating
Why Paragon Insurance Holdings is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Financial Services

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Avon, CT

Founded

2014

Get referred to Paragon Insurance Holdings

See people who can refer or advise you

Simplify Jobs

Simplify's take

What believers are saying

  • November 9, 2026 Zurich launch expands Paragon into multistate workers' comp across most states.
  • September 29, 2026 promotions deepen Specialty Property leadership and support cross-platform expansion.
  • July 2026 New Energy Risk and October 2026 public-entity content show active product development.

What critics are saying

  • Paragon depends on carriers like Zurich and Ascot; one withdrawal would cripple capacity.
  • Workers' comp commoditizes fast; larger MGAs and carriers can undercut Paragon's pricing by 2027.
  • No visible acquisition or public capital base leaves Paragon vulnerable to underwriting losses and tightening reinsurance.

What makes Paragon Insurance Holdings unique

  • Paragon runs 20-plus commercial programs, spanning workers' comp, specialty property, and public entity coverage.
  • Zurich and Ascot partnerships validate Paragon's program underwriting and carrier-access model.
  • Kalepa integration across four programs gives Paragon faster quoting and tighter risk selection.

Help us improve and share your feedback! Did you find this helpful?

Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Tuition Reimbursement

Company News

Business Insurance
Nov 9th, 2026
Paragon, Zurich launch workers comp program.

Paragon, Zurich launch workers comp program. * by Louise Esola Paragon Insurance Holdings announced Monday the launch of a workers compensation program with Zurich American Insurance, a subsidiary of Zurich Insurance Group. The program targets businesses in several industries, including construction, manufacturing, retail, automotive services, property management, and architecture and engineering. Available in most U.S. states, the program can cover multistate employers under a single policy in eligible states, with a minimum premium of $25,000. New ventures may qualify subject to additional underwriting criteria. The program includes dedicated underwriting and claims support, multiple payment options and risk control services, including online safety training courses and safety resources. November 9, 2026

Yahoo Finance
Sep 29th, 2026
Paragon Insurance Holdings announces Specialty Property leadership promotions.

Paragon Insurance Holdings announces Specialty Property leadership promotions. Promotions strengthen Paragon's Specialty Property leadership team and support continued growth across the organization AVON, Conn., September 29, 2026-(BUSINESS WIRE)-Paragon Insurance Holdings ("Paragon"), an international managing general agency, today announced three senior leadership promotions, expanding the roles of Mike Denton, Brett Papenhagen and Erik Ostgulen as the company continues to grow its Specialty Property business and broader specialty insurance platform. Mike Denton has been promoted to executive vice president of Paragon Insurance Holdings. In his expanded role, Denton will continue to work closely with the Paragon Specialty Property team while taking on additional responsibilities and strategic initiatives across the broader organization. Denton has played an important role in the continued development of Paragon's Specialty Property business and his expanded responsibilities will bring that experience to initiatives across Paragon. "Mike, Brett and Erik have each made significant contributions to the growth and success of our Specialty Property business," said Ron Mairano, president and co-founder of Paragon Insurance Holdings. "These expanded roles recognize their notable accomplishments while positioning the team for its next stage of growth. We're fortunate to have leaders of their caliber taking on greater responsibilities across Paragon as we continue to grow our capabilities and find new ways to help our partners do business better." As part of the leadership changes, Paragon also announced two promotions within its Specialty Property team: * Brett Papenhagen has been promoted to senior vice president of Paragon Specialty Property and will lead PSP Custom, the business previously referred to as the OT team. * Erik Ostgulen has been promoted to senior vice president of Paragon Specialty Property and will lead PSP Select, previously referred to as the E3 team. The promotions reflect Paragon's continued investment in its Specialty Property business and the experienced leadership supporting its growth. They also reinforce its commitment to developing leadership talent from within the organization, cultivating the underwriting expertise, specialized capabilities and service that support its retail agent and carrier partners. About Paragon Paragon Insurance Holdings, LLC, formed in 2014, writes all commercial lines of insurance across more than 20 programs. Paragon's industry-specific and general underwriting facilities offer insureds, retail agents, carriers, reinsurers and service providers unique product, service, capability, and results. Learn more: paragoninsgroup.com. Media Contacts: Shawn Langlois EVP Communications Paragon Insurance Holdings, LLC [email protected] (310) 989-4895

Life Insurance International
Aug 29th, 2025
Paragon Insurance appoints new chief actuary

Paragon Insurance Holdings, a managing general agent, has appointed Maheswaran Sudagar as its chief actuary.

Coverager
Jan 15th, 2025
New Energy Risk Partners With Topsoe

New Energy Risk <i class="fa fa-info-circle company-popover" data-content="h3New Energy Risk/h3. div. table

Coverager
May 20th, 2024
Paragon Insurance Holdings Partners With Ascot Group

Specialty MGA. Paragon Insurance Holdings <i class="fa fa-info-circle company-popover" data-content="h3Paragon Insurance Holdings/h3. div

Recently Posted Jobs

Sign up to get curated job recommendations

Paragon Insurance Holdings is Hiring for 1 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs