FinTech Magazine - August 2022 | Page 48

In the space of 18 months , Mission Underwriters has launched an innovative programme approach to insurance underwriting and taken on its first series
MISSION UNDERWRITING MANAGERS

In the space of 18 months , Mission Underwriters has launched an innovative programme approach to insurance underwriting and taken on its first series

As CEO and Founder of Mission Underwriting Managers , Keith Higdon knows the pains and pressures of starting a business . In just 18 months , Mission has built a platform for entrepreneurial underwriters who want to start their own company but don ’ t have the means , time , or capacity to set up a general agency from scratch .

“ The past year has been a whirlwind ,” Higdon explains from his office in Scottsdale , Arizona . “ Mission was started in February 2021 . I was employee number one at that time . We were focused on building what I think of as a platform , which is both services and technology to support underwriters who are entrepreneurialminded and looking to take the next step in their career . So we basically have created an incubator for those types of individuals to reap the benefits of starting their own programme administrator series .
“ The first few months was focused on identifying the right business partners in order to create that foundation , and on setting up the company . We were able to sign our first series on about 1 April and they were up and running by 1 June 2021 .”
The company operates like a hub-andspoke model . At the centre of Mission ’ s universe is the core team that Higdon has
48 August 2022