In this episode, Bobby Touran, CEO and Founder of Rainbow, joins the show to explore how his modern MGA is transforming insurance by combining technology with an agent-first distribution model. Focused on the food service and beauty & wellness sectors, Rainbow is pioneering a dynamic, real-time approach to risk management.

Touran shares how Rainbow:

• Implements continuous underwriting by leveraging real-time data,
• Builds software tools that integrate directly with insurance workflows,
• Prioritizes strong agent relationships to enhance distribution and service,
• And adapts quickly to market shifts through an agile, tech-enabled infrastructure.

The conversation offers practical insights into modern underwriting, product design, and how traditional MGAs can evolve into forward-thinking platforms. A compelling listen for insurtech innovators, agents, and underwriting leaders alike.

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In this insightful episode of Tech Trek, host Amir speaks with Bobby Touran, the non-technical CEO and co-founder of Rainbow, a tech-enabled insurance startup. They explore how non-technical leaders can meaningfully support and grow engineering teams by fostering culture, clarity, and alignment.

Bobby shares Rainbow’s approach to:

• Hybrid office culture as a tool for collaboration and retention,
• Bridging the business-engineering gap through real-world product immersion (like dining at insured restaurants),
• Cultivating senior engineering talent that thrives on context, communication, and thoughtful debate,
• And how AI is transforming—not replacing—insurance roles.

With strategies like "Donut" on Slack and intentional offsites, Bobby shows how culture is an evolving practice, not a set-and-forget initiative. A must-listen for founders, engineering leaders, and anyone scaling cross-functional teams.

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In the insurance industry, where adaptability and innovation are paramount, Rainbow is making significant strides. In Episode #360 of the Power Producers Podcast, host David Carothers engages with Brennen Grone, EVP of Sales at Rainbow, to delve into how this InsurTech MGA is revolutionizing restaurant insurance through a blend of technology and human expertise.

Beyond restaurants, what’s next for Rainbow? Brennen shares insights into their expansion plans, including new specialty programs in beauty & wellness, body piercing studios, and more. He also hints at the future of tech-enabled quoting, self-service tools, and expansion into new states.

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In this episode of The Riches In The Niches Show, Bobby Touran, CEO and Co-Founder of Rainbow, a tech-enabled, highly specialized MGU making waves in the insurance industry. We cover everything from the power of niche specialization to building stronger partnerships between MGAs, MGUs, and independent agents.  If you're in the insurance business, you won't want to miss Bobby's game-changing insights on creating value through trust, expertise, and human relationships. Here’s what we dive into:

✅ Bobby's journey to building Rainbow and his vision for modern MGUs

✅ Why niche specialization is the fastest path to success for agencies and carriers alike

✅ The critical role agents play as "boots on the ground" in the underwriting process

✅ The key advantages of aligning technology with human expertise to improve customer experience

✅ How Rainbow is evolving restaurant insurance programs to meet today’s market challenges

✅ The biggest mistakes tech-enabled MGUs make when ignoring the power of relationships

✅ Why deep partnerships and trust are the future of insurance distribution

Rainbow's Business Owner’s Policy (BOP) and Excess Liability (XS) for restaurants is live in Iowa! 

Here at Rainbow, we take our mission to build a superior restaurant BOP just as seriously as Iowa takes their contributions to food greatness! You may know Iowa's claim to corn fame, but did you know that Iowa is home of the world's ice cream capital? Le Mars, Iowa has earned this title as the home of Blue Bunny ice cream 😍

Rainbow helps restaurant owners effectively navigate the rises and falls of the industry and make informed decisions about insurance coverage, and is 100% built for restaurants. 

Rainbow agents offer restaurant owners: 

• Diverse payment plan options that fit every restaurant’s needs
• Discounted premiums for demonstrating safe business practices
• Credits for affinity memberships that promote improved loss control
• Free access to training and safety resources

Rainbow agents empower restaurant owners to evolve their operations to address the new set of risks present in the space and navigate the shift to digital technology. Rainbow can work with a restaurant owners’ existing agent or refer them to one of our preferred restaurant experts. 

If you’re an agent looking to partner with Rainbow, get appointed here. You’ll be connected with our Agency Success Team!

Admitted Businessowner’s Policy Program Now Available to Independent Agents Across Three New States

RSAN FRANCISCO--(BUSINESS WIRE)--Rainbow, the digitally-enabled managing general underwriter specializing in tailored small business insurance products, is excited to announce the launch of its admitted restaurant insurance program in New Jersey, Virginia, and Iowa. This expansion strengthens Rainbow’s footprint across critical U.S. markets to work with more agents in key geographic regions such as the Tri-State, Mid-Atlantic, and the Upper Midwest. Read our latest press release here!

In this episode of InsurTech Talk, host Gilad Shai sits down with Bobby Touran, CEO and co-founder of Rainbow, to explore how Rainbow is reshaping the landscape of commercial insurance. Bobby shares his journey from venture capital into insurance, and how that perspective helped him identify a massive opportunity in the underserved small business market—starting with restaurants.

The discussion dives into Rainbow's tech-enabled MGA model, its commitment to underwriting discipline, and why empowering independent agents is a core part of the company’s distribution strategy. Bobby emphasizes the importance of balancing automation with human insight and explains why vertical specialization leads to better product-market fit in the insurance world.

Whether you're an agent, insurtech enthusiast, or industry veteran, this episode offers sharp insights into how thoughtful innovation can deliver real value in complex, highly regulated markets.

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Rainbow's Businessowner’s Policy (BOP) and Excess Liability (XS) for restaurants is live in New Jersey! 

Here at Rainbow, we take our mission to build a superior restaurant BOP just as seriously as New Jersey takes their contributions to food greatness! You may know New Jersey's claim to hoagie, diner, and tomato pie fame, but did you know that New Jersey is one of the top cranberry contributors in the world? Thanks NJ!

Rainbow helps restaurant owners effectively navigate the rises and falls of the industry and make informed decisions about insurance coverage, and is 100% built for restaurants. 

Rainbow agents offer restaurant owners: 

• Diverse payment plan options that fit every restaurant’s needs
• Discounted premiums for demonstrating safe business practices
• Credits for affinity memberships that promote improved loss control
• Free access to training and safety resources

Rainbow agents empower restaurant owners to evolve their operations to address the new set of risks present in the space and navigate the shift to digital technology. Rainbow can work with a restaurant owners’ existing agent or refer them to one of our preferred restaurant experts. 

If you’re an agent looking to partner with Rainbow, get appointed here. You’ll be connected with our Agency Success Team!