
The Need
U.S. Insurance Market Overview
U.S. total premiums | $1.1T |
U.S. life & health premiums | $616B |
U.S. brokerage market | $144B |
Avg. F500 co. health ins. spend | $585MM |
Minority-Owned Business Entity (MBE) participation in the total insurance marketplace is estimated at less than 1%
Sources: Insurance Information Institute (http://www.iii.org)
IBISWorld: Insurance Broker & Agencies in the US Industry Report,Dec 2015
CDC “Mortality in the United States, 2013-2014” (2014)
IBISWorld: Insurance Broker & Agencies in the US Industry Report,Dec 2015
CDC “Mortality in the United States, 2013-2014” (2014)
The Opportunity
Minority-owned supplier focused on creating innovative insurance solutions
In partnership with committed corporate and public sector clients, our collective aim is to:
- Address unmet needs in insurance services, in order to reduce costs and create value.
- Recruit and train a new generation of talented, diverse professionals into the insurance business.
- Provide thought leadership and positive community impact as we grow.
- Build a self-sustaining and national MBE insurance platform that brings new value to the industry.

The MSP model saves costs and creates efficiencies by outsourcing non-core functions
- Frees up resources and strengthens processes in Treasury and Finance functions
- Performs value-added standardization, billing, account reconciliation and payment services
- Delivers 100% MBE spend and builds the foundation for a novel MBE platform in insurance