Vivere Partners, a specialty insurance platform established to focus on niche insurance lines, announced the completion of a $7.5 million Series A funding round led by General Catalyst, Pathlight Ventures, and Greenlight Re.
This funding round will accelerate the company’s strategic expansion, fueling the recruitment of elite underwriting talent and the development of a cutting-edge technology infrastructure. The new funding positions the company to rapidly build a business focused on niche insurance solutions, strong distribution partnerships, and underwriting discipline.
Even though the Managing General Agency (MGA) space has seen rapid growth, Vivere is focused on solving two persistent challenges: misalignment across the insurance value chain and a lack of transparency.
Vivere is headed by insurance veteran Chris McKechnie and engineering leader Sachith Gullapalli, bringing together a rare blend of industry depth and engineering innovation. And with a proven track record of building and scaling businesses across underwriting, data, and AI, the team is uniquely positioned to reimagine insurance from the inside out.
KEY QUOTES:
“At Vivere, we aim to tackle these issues head-on with a foundation of strong underwriting, enhanced by data and technology. Our philosophy—Underwriting Driven, Tech Enabled—ensures our solutions are grounded in industry expertise and powered by innovation to stay ahead in a constantly evolving market.”
– Chris McKechnie, founder and CEO of Vivere
“In a data-powered future, we see technology as a force multiplier within the underwriting process where analytics and innovation empower underwriters to make smarter and faster decisions. This will result in a highly collaborative synergy between human expertise and AI capabilities.”
– Vivere CTO Sachith Gullapalli
“We’re thrilled to partner with Vivere as they seek to redefine the specialty insurance industry utilizing applied AI. The combination of a deep insurance underwriting foundation and a differentiated approach to technology aligns perfectly with our belief in AI’s transformative potential. We’re confident Vivere will lead this transformation and deliver a new standard for the insurance experience.”
– General Catalyst’s managing director Marc Bhargava
