EPIC Insurance Brokers & Consultants, founded in San Francisco in 2007, has spent much of the past two years methodically repositioning itself as a national specialty broker. The New York City headquarters it established last year at 1140 Avenue of the Americas is less a change of address than a statement of intent.
The firm, which EPIC says now generates approximately $1.4 billion in annual revenue with more than 3,000 employees, marked the milestone with a client and carrier reception on October 29. The occasion brought into focus a shift building through a series of acquisitions, leadership investments, and practice builds concentrated on sectors where EPIC already has established market presence.
Scott Davis, EPIC’s president of national specialties, described the build-out earlier this year as a deliberate decision to concentrate investment in areas where the firm already has volume and client relationships, rather than continuously entering new sectors. “We at EPIC are digging deeper, not necessarily wider, in our specialization,” Davis told Insurance Business. “We’re not all things to all people, but where we are specialized, our strategy is to get deeper.”
That approach has translated into a series of moves in 2026. In January, EPIC acquired The Bond Exchange to expand its national surety practice. In September, it acquired Korotkin Insurance Group, a fifth-generation Michigan brokerage with more than a century of operating history, adding depth in for-hire transportation, family entertainment, real estate, and fitness franchises.
Leadership investments followed in transportation and real estate practices, sectors Davis has identified as facing the kind of complex, evolving exposures where specialist advice commands a premium over generalist coverage.
The shift of corporate headquarters from San Francisco to New York, completed in 2025, positions EPIC closer to the carrier relationships and financial services clients that Phil Moyles, co-president of EPIC and head of financial services, described as central to the firm’s growth strategy. “Being at the center of where major transactions are financed and closed creates significant opportunities for EPIC to drive growth by providing critical insurance and risk advisory services to support these transactions,” Moyles said.
EPIC’s New York office houses Phil Moyles, co-president and head of financial services, and Karen Beldy Torborg, president of US regions, placing the two leaders most directly responsible for carrier relationships and regional account strategy in the same location as those carriers.
Davis described the firm’s internal model as two interconnected towers: one built around industry practices such as construction, transportation, real estate, and financial services. The other around product specialists in areas including environmental, aviation, cyber, and complex casualty. An account executive with a single aviation placement a year draws on the same specialist team as one with a dedicated aviation book. For regional brokers in those sectors, it means competing against, or referring into, a platform with centralized carrier access and national specialist depth.
EPIC retains its San Francisco presence at 100 Montgomery Street and its San Ramon office, maintaining ties to its West Coast client base as its leadership center of gravity moves east. Davis’ stated strategy of digging deeper rather than wider also signals where EPIC is not competing: generalist middle-market accounts and sectors outside its established practice areas are not the target. Regional brokers in those spaces face less direct pressure from EPIC’s expansion than those working transportation, real estate, financial services, or construction, where the firm is actively adding carrier depth and specialist headcount.
