S1E11 | They Invented a New Insurance Category: Inside the MGA Power Move at PlaceCovr - feat. Bob Clark and Diane Coogan
Manage episode 496014678 series 3657528
Imagine getting a check in the mail just because your town got more expensive or less safe.
This week on The Age of the MGA Podcast, we sit down with the founders of PlaceCovr, an MGA that’s launching a brand-new category of insurance: Location Insurance. It’s parametric. It’s data-driven. And it’s built to protect homeowners from the hidden costs of living in a declining town.
We cover:
- What “Location Insurance” really means
- Why they created an entirely new parametric model to track local tax burden, crime, and school quality
- How payouts work without requiring a claim
- The simplicity behind their tech stack and distribution model
- Lessons on building a first-of-its-kind MGA from scratch
This episode is a must-listen for anyone thinking about creating something truly original in the MGA space.
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🔥 Sponsored by Typhon Risk — The MGA’s Strategic Growth Partner
Most MGAs don’t fail because of ambition—they fail because of broken back-end operations.
Typhon Risk solves that.
From vendor selection and management to claims, distribution, and underwriting operations—Typhon Risk helps MGAs scale smarter, faster, and leaner.
🔹 Learn more: https://www.typhonrisk.com
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🔗 Stay Connected & Follow the Movement:
🎧 Subscribe on Spotify, Apple Podcasts & YouTube
📲 Follow the Age of the MGA on LinkedIn → https://www.linkedin.com/company/age-of-the-mga/
🧠 Connect with the Hosts:
Doug Ver Mulm: https://www.linkedin.com/in/douglasvermulm/
Dylan Brand: https://www.linkedin.com/in/dylanbrand/
Peter Tilbrook: https://www.linkedin.com/in/peter-tilbrook-50832336/
🧠 Connect with our special Guests at Placecovr:
Website: https://www.placecovr.com/
Diane Coogan, Co-Founder: https://www.linkedin.com/in/diane-coogan-66215812/
Bob Clark, Co-Founder: https://www.linkedin.com/in/robert-clark-0245a05/
👉 Subscribe to The Age of the MGA for more founder-first episodes that decode how to build, scale, and lead in the next era of insurance.
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