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How Rainbow Turned One of the Hardest Insurance Classes Into a Scalable MGA Powerhouse

Rainbow Team
Sep 24, 2025
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How Rainbow Turned One of the Hardest Insurance Classes Into a Scalable MGA Powerhouse

Rainbow Team
Sep 24, 2025

Age of the MGA S1E14 | How RAINBOW Turned One of the Hardest Insurance Classes Into a Scalable MGA Powerhouse | feat. Bobby Touran, CEO & Co-Founder

Bobby shares how his MGA leaned into restaurants — a distressed, post-COVID niche most carriers abandoned — and scaled nationally in just two years. He breaks down Rainbow’s tech + human underwriting model, critical early hires, distribution strategy, and why betting on hard niches can be a founder’s edge.

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Rainbow Team

The Rainbow team is comprised of experts with a wide array of backgrounds, including underwriters, brokers, retail agents and software developers. They're dedicated to transforming insurance into a positive, risk-preventing force for small businesses, starting with restaurants.

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Rainbow MGA Insurance Agency, Inc. (“Rainbow”) is a licensed property and casualty insurance producer in the states where it transacts insurance. Coverage is available only in those states where Rainbow is licensed to transact insurance. All coverages are subject to policy terms, conditions and exclusions. Rainbow may act as an agent for one or more insurance carriers and receive compensation based on the premiums for the insurance policies each sells. Further information is available upon request.