About Us

Frates is a full service insurance broker that offers insurance, benefit, and risk management solutions for the payments industry.

Frates prides itself on being the only insurance broker that offers every type of insurance product specific to the payments industry to ensure its clients are adequately protected against lawsuits.

Frates are the insurance pioneers that developed the specialized insurance policies to protect issuers, acquirers and their merchants, such as PCI Insurance, Bank Card Protector, Uncollectible Chargeback Insurance, and Web Merchant Guard.

The payments industry group is led by Kevin Mendizabal and Tom Mulligan, together have over 40 years of experience in insurance, and have been involved with the ETA for over 10 years.

Frates is based in Oklahoma, with its parent company, Acrisure located in Michigan. Acrisure is ranked one of the top 10 largest privately held insurance brokers in the nation with a book of over $4B in annual premium.