What is The Dougherty?
Founded in 1933 and headquartered in Long Beach, The Dougherty has evolved into a sophisticated insurance intermediary with a broad portfolio of offerings. The firm specializes in complex risk management solutions, including Commercial Liability, Property, Workers’ Compensation, and Marine insurance, while maintaining a strong presence in the Group Medical and personal insurance sectors. With a legacy spanning nearly a century, the company distinguishes itself through a blend of traditional brokerage expertise and a modern, client-centric approach that serves a diverse national and international clientele. Its ability to navigate the intricacies of multi-state licensing and diverse risk profiles positions it as a critical partner for businesses seeking comprehensive coverage.
How much funding has The Dougherty raised?
The Dougherty has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in The Dougherty
PPP
Public-Private Partnership
What's next for The Dougherty?
With the successful acquisition of this latest capital, The Dougherty is well-positioned to accelerate its strategic growth initiatives. The firm is expected to focus on digital transformation and the expansion of its professional liability and group medical insurance divisions. By optimizing its internal infrastructure and leveraging its historical data, the company intends to scale its operations while maintaining the competitive pricing and exceptional service standards that have defined its brand for decades. This late-stage funding serves as a catalyst for long-term sustainability, ensuring that The Dougherty remains a formidable entity in the evolving insurance brokerage ecosystem.
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