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Notes from inside the chain.

Why a holding company decided to own every step from the first lead to the reinsured policy, what that actually costs, and how the pieces work. Written by the people building them.

Latest, September 16, 2026

Where the money in a policy actually goes, what each handoff between companies costs, why the advantages only compound when they are held together, and the honest price of vertical integration.

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How this model compares to the alternatives

Quarterly notes on building a vertically integrated insurance company.

Reading about the model is the slow way.

Two platforms are in production, one is in private beta, and the product company is in development pending state approval. We will show you which is which.