Core Insights - First Connect Insurance Services has achieved over $500 million in gross written premium (GWP) in 2025, marking a significant milestone for the company [1][5] - The company has experienced meaningful expansion and product innovation since being acquired by Centana Growth Partners, reflecting a trend of independent agencies gaining market share [3][11] Company Overview - First Connect serves as a critical digital infrastructure in a fragmented insurance market, providing access to over 130 carriers and managing general agents (MGAs) [4] - The platform offers independent agents flexibility and a wider range of solutions, while enabling carriers to expand distribution in a cost-effective manner [4][12] Growth and Strategy - The company has seen a 14x increase in premium volume outside of Hippo Holdings since 2021, driven by strong adoption from independent agents [7] - First Connect's growth strategy focuses on expanding technological capabilities and securing high-profile partnerships, with significant investments in AI-driven tools for underwriting and carrier matching [8][9] Partnerships and Market Position - In 2025, First Connect announced partnerships with major industry players such as AM Trust, Berkshire Hathaway GUARD, and The Hanover [10] - The company emphasizes that its growth has not compromised quality, using data-driven matching to connect carriers with high-performing agents [12] Performance Metrics - A notable example of success includes a large national personal-lines carrier that experienced a 4x increase in written premium while maintaining an average loss ratio of 45% over two years [13]