S1E13 | From wearables startup to $85M MGA: How he built one of the fastest-scaling MGAs in the industry feat. Adam Price, CEO, Kinetic

17/09/2025 1h 6min Temporada 1 Episodio 13
S1E13 | From wearables startup to $85M MGA:  How he built one of the fastest-scaling MGAs in the industry feat. Adam Price, CEO, Kinetic

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Episode Synopsis

What if preventing injuries was just the starting point—and building an $85M MGA was the real story?In this episode of The Age of the MGA Podcast, we sit down with Adam Price, CEO of Kinetic, who shares how an aerospace engineer turned a wearable device company into one of the fastest-growing MGAs in workers’ comp.From pivoting away from hardware to building a claims-first MGA model, Adam lays out the hard-won lessons every founder, investor, and carrier needs to hear—especially when it comes to funding, scaling, and surviving in today’s brutal insurance market.🔥 Inside This Episode:✅ How Kinetic went from leasing wearables to launching an MGA with $25M in year-one premium✅ Why prevention tech alone won’t scale—and how claims management became their growth engine✅ The $500k mistake MGAs make by ignoring internal claims expertise✅ Why most MGAs chasing venture capital are doomed to disappoint✅ How to structure your MGA for profitability, not just premium growth✅ Adam’s legacy vision: claims oversight powered by AI, not hype–––––––––––––––––––––––––––––––––––––––––🔗 Stay Connected & Follow the Movement:🎧 Subscribe on Spotify, Apple Podcasts & YouTube📲 Follow the Age of the MGA on LinkedIn → https://www.linkedin.com/company/age-of-the-mga/👉 Connect with the Hosts:Doug Ver Mulm:  https://www.linkedin.com/in/douglasvermulm/Dylan Brand:  https://www.linkedin.com/in/dylanbrand/Peter Tilbrook:  https://www.linkedin.com/in/peter-tilbrook-50832336/👉 Connect with Adam Price & Kinetic:Adam Price, CEO of Kinetic: https://www.linkedin.com/in/adamprice1/Website:  https://kineticcomp.com/–––––––––––––––––––––––––––––––––––––––––🔥 Sponsored by Loro — The No-Code Platform for Specialty InsuranceWant to take your MGA online instantly?Loro helps MGAs, carriers, and brokers quote, bind, and distribute insurance products at scale—without ever writing code.✅ Launch your product anywhere in the world✅ Complete quote-bind-issue workflows✅ Real-time reporting, oversight, and compliance tools🔹 Learn more: https://www.loroinsurance.com–––––––––––––––––––––––––––––––––––––––––📩 Like this episode? Hit LIKE, SUBSCRIBE, and DROP A COMMENT.Let’s build the future of MGAs—together.

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