I've talked my way into a very unique position to leverage a network of gas station owners within my tight-knit diaspora (with potential to include convenience and liquor stores) who are currently paying high premiums through traditional insurance. I’m exploring whether I can aggregate them into a captive o lower their costs while capturing a portion of underwriting upside as the sponsor.
I have already gotten more than 100 overpremiumed stations committed with a likely growth to around 300+. I’m early in this process and currently preparing for a feasibility study, but I want to make sure I’m thinking about this the right way before going too far. Any guidance from people who’ve built or participated in these structures would be useful, especially around what actually works vs what sounds good in theory. I don't want to rely too much on AI for strategy, I NEED to talk to real people so I can figure out what I don't know.
DMs welcomed and appreciated. THANK YOU!!!