VERVE’s Differentiators

Ever wondered about the economics behind MGAs?

The way fees are collected and mapped often feels shrouded in mystery.

But why should it be such a secret when all rates and fees are filed and approved, making them public knowledge?

At VERVE, we believe in breaking down these barriers. Here’s how we ensure transparency with our reinsurers by showing the math upfront:

• The total fees we collect.
• The additional percentage of premium these fees represent.
• How we use this information to align partnership interests.

Our level of transparency often surprises people, but for us, it’s about aligning interests throughout our value chain, from carriers to reinsurance partners.

It’s not just an option; it’s common sense.

We go a step further by offering real-time access to our data and metrics.

Curious about our data? Dive in using our @Looker account!

We want your insights. If you see something in our data that we can all learn from, let’s do it together. 

This continuous learning environment—do, learn, refine, repeat—is at the heart of how we operate and partner at VERVE.

Through this approach, our scalable technology and distribution platform allows us to:

• Source and mine internal and external data sets from the auto insurance industry.
• Apply predictive analytics to that data.
• Use those analytics to find profitable niches within the $316 billion private passenger auto insurance market.
• Produce underwriting profits that outperform the industry.
• Provide outsized returns to our insurance and reinsurance partners.

We do what we say we’re going to do, and we’re 100% transparent in the process