Business Details
29 Years
experience
Commercial Insurance & Risk Management in Frisco, TX
Merit Insurance Services is a full-service brokerage and consulting organization dedicated to meeting the needs of commercial clients. Founded in 1997 by Fred W. Foote, we transitioned from a captive insurance agency to a diversified niche retailer, leveraging national brokerage expertise combined with independent agent customer service. Our team of specialists provides creative risk management solutions tailored to industries such as real estate, manufacturing, hospitality, construction, and transportation. With over 40 years of collective experience in the Dallas-Fort Worth area, we prioritize quality over quantity, offering personalized service and access to major insurance markets.Our mission is to empower clients through world-class risk management programs, innovative coverage options, and a commitment to understanding each business's unique needs. We pride ourselves on combining technology-driven efficiency with the personal touch of an independent agency, ensuring clients receive competitive pricing and comprehensive protection.
Services
Property and Casualty
Business Insurance
Small Business Insurance
Risk Management
Claims Assistance
Financial Products Review
Agency Partner Program
Details
- Year established: 1997
Highlights and features
- We offer over 40 years of experience in real estate insurance solutions.
- Our team provides custom-tailored apartment and townhome coverage.
- Industry-specific programs deliver expanded coverage at reduced premiums.
- We combine national brokerage expertise with personalized service.
- Our lean, technology-driven approach ensures efficient client support.
Services
Property and Casualty
Our property and casualty insurance solutions protect businesses from financial losses due to property damage, liability claims, and operational disruptions. We offer customized coverage for real estate portfolios, manufacturing facilities, and commercial properties. Our team evaluates exposure risks and designs programs combining traditional insurance with alternative risk financing strategies.
Business Insurance
We provide comprehensive business insurance packages tailored to specific industries, including liability protection, property coverage, and business interruption insurance. Our solutions address unique risks for companies in hospitality, construction, transportation, and wholesale distribution sectors. We help clients navigate complex insurance markets to secure optimal protection.
Risk Management
Our risk management services include exposure evaluation, loss prevention strategies, and alternative risk financing options like captive insurance programs. We work closely with clients to develop proactive risk mitigation plans and implement large deductible programs. Our ten-step account management process ensures ongoing protection and service excellence.
Claims Assistance
We offer dedicated claims assistance to streamline the resolution process for property damage, liability, and business interruption claims. Our team coordinates with carriers and vendors to ensure timely settlements while protecting client interests. We provide ongoing support for open claims management and loss prevention implementation.
Financial Products Review
Our financial products review service evaluates directors & officers liability, employment practices liability, fiduciary, crime, and kidnap & ransom insurance policies. We provide executive summaries with recommendations for improving coverage gaps while maintaining confidentiality throughout the review process.
People
Fred W. Foote
Founder & Major Account Group Head
With over 40 years of DFW commercial insurance experience, Fred founded Merit in 1997 after leading teams at major national brokers. He personally manages large accounts including Mary Kay Inc. and Trinity Industries, bringing deep expertise in corporate risk management programs.
Questions
What industries do you specialize in?
We specialize in real estate, manufacturing, hospitality, construction, and transportation industries with tailored insurance programs.
How are you different from other insurance brokers?
We combine national brokerage resources with independent agent service, focusing on quality over quantity in client relationships.
Can you help with complex risk management needs?
Yes, we offer alternative risk financing solutions including captive insurance programs and large deductible plans.
How do I get a quote?
Contact us directly at 214-618-5101 or request a consultation through our website for personalized insurance options.
Do you work with both small and large businesses?
We serve businesses of all sizes from startups to major corporations through our specialized Major Account Group.
