When Opportunity Knocks

What do you do when opportunity knocks? Do you even see it as an opportunity? If so, what’s your next move? To succeed in this world, you must:

1. Recognize the Opportunity.
2. Get Out of Your Comfort Zone.
3. Don’t Be Afraid to Say Yes!

When it comes to opportunities and making big decisions, there’s always a reason to hesitate. It’s easy to wait another year or do nothing.

I hear it all the time about VERVE and our results which are outperforming the industry. The top reasons carriers and reinsurers give for not partnering with us include:

“I need three to five years of data,” or “Auto insurance hasn’t made money, so I’m not interested.”

But the landscape has changed. The auto insurance industry is turning around on a macro level. The big players are making money (underwriting profits), and so are we. Our results have been validated by an independent and respected actuarial firm with a national reputation.

So, once you get past the macro excuse of auto insurance overall as a viable line to allocate capital towards, who should you partner with?

When it comes to loss ratios, VERVE is outperforming the market. But I get it—we’re still building and enhancing the traditional data points you’re familiar with. All of these lead to one conclusion: VERVE is delivering outsized capital returns for its partners.

We’ve already gathered two years’ worth of data as the industry rebounds in a big way. Things are progressing well, and we’re on track for even greater success.

Bishop Street Underwriters and RedBird Capital Partners didn’t just see the market’s turnaround; they saw our results and trajectory—and invested in us. They have a great track record of investing in financial services and insurance MGAs like ours.

Since we’ve delivered significant returns for our existing partners and have the support of private equity, here’s the challenge for the reinsurers reading this:

When opportunity knocks—and it’s knocking at your door with VERVE’s 2025 reinsurance placement—what will you do?

Will you acknowledge the opportunity, get out of your comfort zone, and say yes?

If you do, you will achieve outsized capital returns on your allocated capital on VERVE’s programs.

So, who is next to jump on the bandwagon? Who is ready to get on board now? Who is ready to make a smart bet on us with their allocated capital?

Sure, five years of data is nice—but we’re already outpacing the industry, and we’ve done it in just two years.

If you’re looking for a burgeoning opportunity—and I know you are—this is your moment to make the move.

We’ve faced the “No”. Two years ago, it was, “We won’t even look at it.” Yet, multiple reinsurers signed up. Last year, some said, “We’re almost there.” But the existing reinsurers renewed, and more signed up.

It’s time to set aside the hesitation. We have the right results, the right data, the right backing, and the right trajectory.

The question is: Are you ready to seize this opportunity with VERVE?