“We are an MGA, really an all-but-name in Ireland... we are dealing with the taxi drivers, the ride-share drivers. This is all we do”

Age of the MGA Podcast · S2E20 | How TaxiFair Is Fixing a Broken Taxi Insurance Model

Play from 10:21
10:21

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Operate as a delegated-authority broker (MGA) that exclusively writes taxi and ride-share driver insurance in Ireland

Said nearby on the same subject

“There is one exclusion for the Department of Real Estate… you need to find someone who is in the department or as a real estate broker to actually help you get that license.”
♫
Said on The a16z Show
How they work Share this moment
“We had two drivers per every vehicle. So, again, there was just like this massive explosion. It was an owner-operator model where we didn't have as many company trucks that we had to invest into. But they were bringing their own trucks on with us.”
♫
Said on The Site Shed | #1 Podcast For Tradies & Contractors
Business model 2 drivers per vehicle Share this moment
“Every seller… was writing it into our exclusive agreements… they were writing in addendums that Ryan will post property tours of our building on his personal YouTube and we will give you the building deal”
♫
Said on The Knowledge Project
Why it worked Share this moment
“We always have 20 to 25% of the risk on our AVA minimum... it's like that MGA model, except we have skill on our Lloyds syndicator side as well.”
♫
Said on InsurTech Geek Podcast
Business model 20-25% retained, 10 lines of coverage Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.