Insight Risk is a technology-focused Builder’s Risk MGA with a critical advantage: Our unique model bundles Internet of Things (IoT) water damage prevention solutions, sound underwriting, and proactive risk management to significantly reduce water damage losses and deliver value-added benefits to our policyholders.
By paying all upfront IoT technology costs, we remove a major barrier to a safer and better-connected jobsite, helping our clients avoid losses and minimizing the impact of unforeseen events. Our objective is to reduce water damage losses by 90%.
Although our focus is on risk control and mitigation, we also employ digital solutions from submission to claims handling, delivering a lower cost of risk to our policyholders and superior returns to our carrier partners.
Our team comprises professionals with over 150 years of combined experience in insurance, technology, construction, and claims, each with a long track record of innovation and success.
President and Co-Founder
Co-founder of Triax Technologies Inc. and principal of On Target Consulting LLC, where he advises construction technology-focused companies’ strategy and insurance solutions. Helped create Spot-r®, the powerful IoT platform that delivers comprehensive insights and real-time location services on construction sites.
CEO and Co-Founder
Founder and Managing Partner of Dempsey Partners, a risk management consulting firm acquired by Aon. Formed Terrabella Risk Consulting LLC, which provides insurance advisory and risk management consulting services globally. Advises insurance industry professionals on technology and innovation.
Executive Vice President
Former Strategy and Execution Lead of IoT at The Hartford, where he managed over 100 large-scale IoT deployments on construction sites. 30-year veteran of the construction and insurance industries, specializing in sensor technology, data analytics, and business intelligence tools.
Chief Underwriting Officer
Former AVP Construction Property at Berkshire Hathaway Specialty Insurance, where he managed a nationwide builder’s risk portfolio focused on high-value catastrophe-exposed accounts with a focus on new product creation and proprietary software development. Chair of the Inland Marine Underwriting Association’s Construction Committee.
Senior Advisor, Distribution
Former Chairman, Marsh U.S. Construction Practice. Widely recognized as one of the leading construction insurance and surety executives in the nation. Leadership positions with Seaboard Surety, AIG, Aon, Willis. Responsible for creating Subguard, Crimeguard, and other innovative insurance products.
In September 2023, Velocity Risk Underwriters, LLC, a Tennessee based general agency, acquired a controlling interest in Insight Risk Holdings, Inc., providing financial strength and operational expertise to drive growth across the Insight Risk platform.
203-247-6659
Insight Risk Technologies LLC
2 Park Avenue
Suite 2009 & 2012
New York, NY 10016