[lightskin_kanye]

1. Is your pricing publicly available on System for Electronic Rate Filings and Forms (SERFF)?

2. Are you justifying your pricing by saying “me too” and copying an existing competitor’s pricing? If so, which competitor is that? If not, how are you justifying your rates?

3. Are you hiring for software/product?

[phonon]

It (or at least the BOP part of it) is filed [1] in CA as STNA-132004682 (State National is the fronting carrier).

Filed Loss Ratio (including LAE) is 65%. Basically ISO rates and forms with exceptions...they also copied some Chubb stuff.

You can read the more interesting parts in this exhibit https://docdro.id/R1KyTdL

Looks like the major play here is that ISO has very little pricing granularity for tech companies (they are classified as "Offices (Not Otherwise Classified)") and that Vouch will focus on more differentiated pricing (based on policyholder sales, not as much on Limits).

D&O and E&O will be interesting...will look for that later...

EDIT: So that's STNA-132007333, and there they copied Rates and Rules from Great American, and use their own forms (which I'm guessing are somewhat similar as well).

[1] https://filingaccess.serff.com/sfa/home/CA

[sam-at-vouch]

Thanks for the questions. To each: 1) all of the programs we developed with our insurance partners are filed, and therefore available publicly 2) in any insurance program filing, it's important to justify rates in the context of projected losses -- looking at how similar products work in the market is an important component of how we did this, but we undertook substantial actuarial work as well to develop our pricing/rating 3) we are indeed hiring! -- https://www.vouch.us/careers#jobroles