Built Insurance Brokerage

www.builtinsurance.com

Built Insurance Brokerage LLC has a young team of innovative professionals specializing in niche industries within commercial lines Insurance making it possible for consumers to purchase online in real time quoting and policy binding instantly. Through a very detailed data compilation and analytic's this is made possible to minimize Underwriting altogether using multiple rating guidelines that can be used as a statistically proven model for low loss-ratio. Through this, Built has had the opportunity to run with their own program they have compiled and presented to a well known and unnamed program manager. 8 years in business, spending the majority of that time on Contractors and even more specifically Roofers in CA. Most recently, Blake has combined his previous experience as an owner of Residential Care Facilities for Elderly (RCFE) into helping create a program specifically to Insure that same industry. There was a law that passed legislation AB1523 which has required all RCFE Owners to purchase Liability Insurance by July 1, 2015. There are almost 10,000 facilities just in CA alone with 87% being uninsured seen in a study and written article by a local RCFE Reform (CAHR). This same Reform did a study to determine the average cost in premium for RCFE's to comply with the law and determined that 6 bed board and care facilities will average paying an additional expense of $3,500/year just to stay compliant. On the other hand consumer's can now feel good about placing their loved one's into a facility knowing they are required to have this Insurance in case negligence took place on the part of the facility harming elderly residents. We spent 7 months creating the perfect solution with Lloyd's of London all online called "Insuremyrcfe.com" providing Care Facilities with a premium available to them with maximized coverage for only $1,798.

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Built Insurance Brokerage LLC has a young team of innovative professionals specializing in niche industries within commercial lines Insurance making it possible for consumers to purchase online in real time quoting and policy binding instantly. Through a very detailed data compilation and analytic's this is made possible to minimize Underwriting altogether using multiple rating guidelines that can be used as a statistically proven model for low loss-ratio. Through this, Built has had the opportunity to run with their own program they have compiled and presented to a well known and unnamed program manager. 8 years in business, spending the majority of that time on Contractors and even more specifically Roofers in CA. Most recently, Blake has combined his previous experience as an owner of Residential Care Facilities for Elderly (RCFE) into helping create a program specifically to Insure that same industry. There was a law that passed legislation AB1523 which has required all RCFE Owners to purchase Liability Insurance by July 1, 2015. There are almost 10,000 facilities just in CA alone with 87% being uninsured seen in a study and written article by a local RCFE Reform (CAHR). This same Reform did a study to determine the average cost in premium for RCFE's to comply with the law and determined that 6 bed board and care facilities will average paying an additional expense of $3,500/year just to stay compliant. On the other hand consumer's can now feel good about placing their loved one's into a facility knowing they are required to have this Insurance in case negligence took place on the part of the facility harming elderly residents. We spent 7 months creating the perfect solution with Lloyd's of London all online called "Insuremyrcfe.com" providing Care Facilities with a premium available to them with maximized coverage for only $1,798.

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Country

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State

California

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Industry

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Employees

1-10

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Founded

2008

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Estimated Revenue

$1 to $1,000,000

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Social

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Potential Decision Makers

  • President

    Email ****** @****.com
    Phone (***) ****-****

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