104. Building Tech-Enabled Insurance Products for Agents
Tue May 06 2025
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In this episode of Agents Growth Academy, Jim sits down with Bobby Touran, co-founder of Rainbow, a tech-enabled MGA transforming how insurance is delivered for niche businesses like restaurants. Bobby explains how Rainbow blends automation and underwriting expertise to improve efficiency without removing the agent from the process. He shares how his team uses real-time data, continuous underwriting, and a strong service mindset to simplify restaurant insurance and support agency partners.
Takeaways
Rainbow is a tech-enabled MGA focused on providing restaurant insurance through independent agents.Bobby explains how public data and POS systems improve underwriting speed and accuracy.Agents can quote and bind restaurant policies in minutes using Rainbow’s digital platform.Continuous underwriting helps detect risk changes throughout the policy term.The platform supports agents with human underwriters and responsive service.Rainbow has grown rapidly through word of mouth and state association involvement.Bobby emphasizes patience, partnership, and openness to evolving how insurance is delivered.
Resources From Bobby
Website
LinkedIn
About Bobby
With 7 years in the insurance industry, Bobby is co-founder of 2 insurtech companies in the P&C space, both with a focus on retail agents and small commercial insurance.
ePayPolicy The simplest solution for insurance agents to collect credit card and ACH payments
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Send us a text In this episode of Agents Growth Academy, Jim sits down with Bobby Touran, co-founder of Rainbow, a tech-enabled MGA transforming how insurance is delivered for niche businesses like restaurants. Bobby explains how Rainbow blends automation and underwriting expertise to improve efficiency without removing the agent from the process. He shares how his team uses real-time data, continuous underwriting, and a strong service mindset to simplify restaurant insurance and support agency partners. Takeaways Rainbow is a tech-enabled MGA focused on providing restaurant insurance through independent agents.Bobby explains how public data and POS systems improve underwriting speed and accuracy.Agents can quote and bind restaurant policies in minutes using Rainbow’s digital platform.Continuous underwriting helps detect risk changes throughout the policy term.The platform supports agents with human underwriters and responsive service.Rainbow has grown rapidly through word of mouth and state association involvement.Bobby emphasizes patience, partnership, and openness to evolving how insurance is delivered. Resources From Bobby Website LinkedIn About Bobby With 7 years in the insurance industry, Bobby is co-founder of 2 insurtech companies in the P&C space, both with a focus on retail agents and small commercial insurance. ePayPolicy The simplest solution for insurance agents to collect credit card and ACH payments