AgencyBloc
“Can a vertical AMS/CRM for health & benefits insurance agencies become the operating system for the independent-agent channel by owning commissions, quoting, and now AI?”
Founded2008
HQCedar Falls, Iowa, USA
FoundersAdam Lewis, Cory Schmidt
Latest roundPE Growth (Resurgens Technology Partners, 2021)
IndustryVertical SaaS / Insurance
The story
AgencyBloc started as custom software built for one Iowa general agency and evolved into a vertical SaaS platform for health, life, senior, and benefits insurance agencies. Since Resurgens' 2021 investment the company has expanded from a core AMS/CRM into a four-product 'Plus Suite' (AMS+, Commissions+, Engage+, Quote+) and layered in AI (AgencyBloc Intelligence) in 2026. It is a workflow/compliance play, not an embedded-finance platform — commissions processing is the closest financial adjacency.
Product timeline
2008
AgencyBloc founded by Adam Lewis and Cory Schmidt after identifying a gap in health/life insurance agency management software.· pivot
2017
Reached 40+ new agencies signing per month; scaling rapidly across US independent insurance market.· growth
2021
Resurgens Technology Partners makes strategic PE investment.· acquisition
2026
Launched AgencyBloc Intelligence — embedded AI capabilities inside AMS+.· pivot
2026
Launched HealthSherpa integration for Medicare quoting/enrollment connected to AMS+.· partnership
The stack
1 layer disclosed in AgencyBloc’s embedded-finance stack
Accounting
ZapierMicrosoft OutlookGoogle (Gmail/Calendar)ConnectureEaseEmployee NavigatorLead Advantage ProSunFireHealthSherpaConnectureDRX
Accounting gap: significant