Company
About LRA Contact
Lakeshore Risk Advisors Commercial Insurance Brokerage

Your business
carries real risk.
We build the program
that protects it.

Lakeshore Risk Advisors structures comprehensive coverage programs for businesses across the Midwest, built around your actual exposure, not an off-the-shelf template.

Serving the Midwest
Industries We Serve

Select Your
Industry

Deep sector expertise means we understand your specific exposures before we ever quote your account.

Automotive

Shops · Dealers · Service

Construction

GC · Trades · Subcontractors

Manufacturing

Fabricators · Food · Industrial

Healthcare

Medical · Clinics · Supply

Restaurants

Full Service · Bars · Catering

Real Estate

Condos · HOAs · Rentals

Education

Private · Childcare · Learning

Senior Living

Assisted · Memory · Care

Religious Orgs

Churches · Temples · Nonprofits

Professional Offices

Dental · Optometry · MedSpa

Veterinarians

Animal Hospital · Clinic

Contractors

GC · Trades · Specialty

50+ Specialty Lines
HOA InsuranceCondo Association CoverageRental Property LiabilityVacant Property InsuranceCommercial Landlord CoverageReal Estate Investor ProgramsGeneral Contractor LiabilitySubcontractor CoverageBuilders Risk InsuranceInstallation FloaterContractor Tools & EquipmentSurety BondsWrap-Up ProgramsFood Manufacturer LiabilityMetal Fabricator CoverageIndustrial Equipment BreakdownProduct LiabilityInland MarineNuts & Bolts ManufacturingMedspa LiabilityHospital Supplier CoverageMedical Equipment InsuranceHealthcare Professional LiabilityAmbulatory Care CoverageLiquor Liability
Food Spoilage CoverageBar & Tavern InsuranceCatering LiabilityFull-Service Restaurant ProgramsAuto Dealer Open LotService Garage LiabilityMechanic Shop CoverageGaragekeepers Legal LiabilityCommercial Fleet InsuranceDental Office InsuranceOptometry Practice CoverageProfessional LiabilityEmployment Practices LiabilityDirectors & Officers InsuranceCyber LiabilityAssisted Living Facility CoverageMemory Care InsuranceReligious Organization LiabilityPrivate School InsuranceChildcare LiabilityVeterinary Practice InsuranceLuxury Home InsuranceHigh-Value AutoJewelry & Fine Art CoverageAircraft Coverage
Free Program Review

A second opinion on your coverage costs nothing. The gaps it finds might save everything.

Let us look at your current program. No cost, no obligation. We'll tell you exactly where the gaps are.

Our Philosophy
You have a broker.
Now you have
an advocate.

Most brokers place your policy and move on. We stay in it with you, at renewal, when markets shift, and especially when you have a claim. Our job isn't to sell you coverage. It's to make sure the coverage you have actually works when you need it.

We answer to you, not to any carrier. Every recommendation we make is based entirely on what's right for your business.

Coverage Engineering

We don't sell policies. We engineer multi-layered coverage frameworks designed to absorb impact at every altitude of exposure.

Total Transparency

Every recommendation, every premium dollar, every carrier relationship is disclosed. Your clarity is our obligation.

Strategic Navigation

Markets shift, regulations evolve, risks mutate. Our advisors anticipate change and position your coverage ahead of the curve.

"We work across the carrier market to find the right fit, and we advocate for you at every stage of your program."
The LRA Process

What happens when
you work with us

From first conversation to claim resolution, here's exactly what to expect.

01

We Learn Your Business

Before we quote anything, we dig in. Your contracts, your payroll, your assets, your history. We want to understand your operation well enough to spot the gaps your current broker missed.

02

We Go to Market for You

We take your account to the carriers that are right for your risk profile, not just the ones that are easiest. You get options, with a clear explanation of what each one covers and what it doesn't.

03

We Stay in Your Corner

After you're bound, we don't disappear. We review your program at renewal, respond when your business changes, and stand with you when you have a claim. Your program gets managed, not just renewed.

Reach Us Directly
No forms required.
Just a real conversation.
We're available for a quick call to discuss your coverage, or anything about your current program.

Ready to protect your business?
Tell us about your operation and we'll build the right program for your industry, not an off-the-shelf template.

Ready to get the right coverage?
We'll go to market across multiple carriers and find the structure that fits your risk, not just the easiest option for us.
OUR STORY

Built to advocate.
Not just to broker.

Lakeshore Risk Advisors was founded on a simple belief. That businesses deserve a broker who fights for them, not one who just renews their policy every year.

Peter Ragen
Peter Ragen
Founder & Principal Broker
Peter didn't start LRA to sell insurance. He started it to change how it gets done.

After working inside a larger brokerage, Peter saw the same pattern play out too many times, business owners getting handed a renewal without a real conversation, without a review of what had changed, and without anyone actually asking whether their coverage still made sense. The relationship ended when the policy was signed. That wasn't good enough.

He founded Lakeshore Risk Advisors to build something different. A practice where every client gets the same attention on day 365 that they got on day one. Where the broker actually knows your operation, knows your exposure, and stays curious about both.

Peter works primarily with commercial clients across the Midwest, contractors, healthcare operators, restaurants, real estate portfolios, and businesses that carry real, complex risk. His approach is the same across all of them: dig in, go to market hard, and stay in your corner.

Background
Founded LRA after working within a large national brokerage to build a client-first commercial practice from the ground up.
Focus
Commercial insurance across the Midwest. Contractors, healthcare, real estate, restaurants, and complex business risk.
Philosophy
Coverage should be engineered around your actual exposure, not pulled off a shelf and renewed on autopilot.
Approach
Every client gets a broker who answers the phone, knows their file, and goes to market hard at every renewal.
Ready to work with someone who actually shows up?
A coverage review costs nothing. Let's talk about what you're carrying and whether it's right.

Let's Build
Your Program

Tell us about your operation and we'll reach out within one business day to discuss your coverage needs.

Reach Us
Directly

We're a Midwest-based brokerage. When you contact us, you talk to someone who knows your industry and can actually help, not a call center.

Location
Chicago, Illinois

Send Us a Message

Tell us about your business and we'll reach out within one business day.