Jencap

Jencap

Jencap was founded by John Jennings, who previously co-founded Wholesale Trading Co-Op Insurance (WTCI) and led Crump Insurance Services as CEO. The firm’s executive team includes President Mark Maher, a 30-year industry veteran who ran the NIF Group division, and Chief Financial Officer David Nielsen, who previously served as CFO and partner at Asset Growth Partners. The company is owned by Carlyle Group and private equity investors. Jencap operates across three segments: wholesale brokerage, binding authority, and exclusive programs. Its wholesale team handles large, complex accounts across a range of coverages, while binding authority provides faster quoting on small commercial risks. The exclusive programs unit designs niche offerings for sectors such as construction, hospitality, healthcare, cannabis, and solar. No individual portfolio companies or deal values are publicly disclosed; the firm reports “billions of dollars in associated premiums” across its operations. Geographically, Jencap serves independent agents nationwide, with brokers placed coast to coast. As of the firm’s website, Jencap employs a leadership team of at least 12 executives but does not disclose total headcount. The firm has six executive officers and numerous national practice leaders in casualty, construction, environmental, property, and workers’ compensation. In 2026, Jencap announced the promotion of Kevin Hahn, Jr. to Executive Vice President, National Casualty and of Anthony Manna to Southeast Professional Lines Leader, signaling ongoing team growth. The firm also operates an “Industry Insights” blog covering regulatory changes, market trends, and risk management. Jencap distinguishes itself as a private equity-backed wholesale broker that grew to the fourth-largest US wholesaler within six years, largely through acquisitions. Its operating structure consolidates multiple legacy agencies—WTCI, NIF Group, Aran Insurance Services (now Jencap Program Administrators)—under a single technology platform. This roll-up strategy allows Jencap to offer retail agents broad carrier access and underwriting expertise that would otherwise be out of reach.