I've watched the MGA landscape transform dramatically over the past twenty-five years. What has historically been a niche specialty underwriting channel has thrived alongside the significant expansion of the E&S market. But beneath this impressive growth, I've also seen troubling fault lines forming – inefficiencies across the insurance value chain, fundamental misalignments between MGAs and their capacity partners, reporting practices stuck in the last century, and a stubborn resistance to embrace automation and alternative data.
During my years in the insurance industry, I experienced firsthand the frustration of delayed reporting that obscured real portfolio performance. I sat through countless meetings where MGAs struggled to explain adverse loss trends until months after they emerged. And I watched as compensation structures rewarded volume over profitability, creating incentives that worked directly against carrier interests.
The stark reality is this: without radical change, carriers will inevitably seek to bring operations in-house, or worse, abandon entire lines of business. We’ll see a retreat from the very innovation that the MGA model was built to foster.
That's why we're building Vivere.
We believe that MGAs exist to empower elite underwriters who know how to profitably price complex risks across market cycles. And we believe that the right technology and infrastructure is key to that empowerment. We're building a platform where talented underwriting leaders can build their verticals providing innovative product offerings with flexibility and strong service support, without the pressure of volume or corporate objectives.
Our promise is simple:
We will deliver consistent, cross-cycle profitability, driven by seasoned underwriting leaders.
We will shatter information silos, providing unparalleled visibility into portfolio performance.
We will forge partnerships built on shared success, where incentives are aligned with long-term profitability
We will leverage cutting-edge technology and alternative data to enhance efficiency and drive superior underwriting decisions.
We will provide the operational backbone that empowers our partners to focus on what they do best: underwriting.
To underwriters seeking a new approach:
If you're tired of volume-driven mandates that compromise underwriting integrity, we invite you to join us. At Vivere, your expertise is valued, your judgment respected, and your compensation tied to the quality of your decisions—not just your production numbers. Here, technology enhances your capabilities rather than constraining them, giving you the insights to make confident decisions on complex risks.
To carriers looking for aligned partnerships:
We're actively seeking capacity partners who share our vision of sustainable, profitable specialty underwriting. Our technology-enabled transparency allows us to structure truly aligned partnerships where our incentives mirror yours—rewarding disciplined growth and portfolio profitability. Let's build a relationship where you never have to wonder how your capacity is being deployed or whether our interests are aligned with yours.
I'm excited to announce we have secured $7.5 million in seed funding led by General Catalyst, Pathlight Ventures, and Greenlight Re to bring this vision to life. This investment will accelerate our mission to create a specialty insurance platform where success is measured by underwriting results, not just premium volume.
If our mission resonates with you, I'd love to hear from you — drop me a note at chris@viverepartners.com. Our journey is just beginning -- let's partner for the long haul.
