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Prestige Trucking Insurance Bet on an AI Platform Early, Now They Own It

The Industry Times Staff by The Industry Times Staff
3 months ago
in Business
Reading Time: 2 mins read
Insure Stack

Insure Stack

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Most insurance acquisitions start with a pitch deck. This one started with actually using the product. Prestige Trucking Insurance, a Florida-based retail brokerage, spent months using Mulligan, an AI automation platform built by Y Combinator and WillowTree Ventures-backed Pyq, Inc., before the product even launched publicly. When the time came to acquire it, there wasn’t much convincing left to do.

The deal brings Mulligan fully in-house under a new brand, Insure Stack, with Christina Torres stepping in as CEO, Daniel Hausman as COO, and David Zhang as CTO. Pyq founder Aman Raghuvanshi moves into an advisory role, and several Pyq team members join the new operation. The company will run out of Tamarac, Florida, with additional staff in Atlanta and New York City.

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What caught Prestige’s attention wasn’t a demo. It was their own numbers. According to the company, the platform helped streamline quoting, policy comparison, proposal generation, and commission reconciliation across brokerage operations. Torres put it plainly: they didn’t acquire Mulligan because of its potential. They acquired it because they’d already seen what it could do.

That firsthand experience is what Insure Stack is banking on as a differentiator. Prestige isn’t just a tech company buying software. They operate a retail brokerage and a managing general agency in CSMV Underwriters, which means they sit across the full insurance value chain, from front-line agents to underwriters. The pitch to other brokerages is straightforward: the people building your tools actually do the same job you do.

The platform covers commercial insurance end to end. It assembles submissions, pulls quotes from carrier portals, compares policy language side-by-side, generates branded proposals, and reconciles commission statements against major agency management systems like Applied Epic, AMS360, EZLynx, and Veruna. The company states the platform is SOC 2 Type II compliant.

Torres brings a background that’s hard to argue with. She started her agency with a loan against her car and built it into an operation recognized as Insurance Journal’s 2024 Best Agency to Work For in the Southeast. She even got her CDL license to better understand her trucking clients. Hausman adds over a decade of insurance industry experience across startups and Fortune 500 carriers, while Zhang previously founded Dreamlens, a Y Combinator-backed data infrastructure company, and worked as an engineer at Instagram.

Insure Stack plans to expand into additional commercial lines, deepen integrations with agency management systems, and develop AI-driven underwriting tools informed by Prestige’s proprietary data. More details on the acquisition and what’s next are available on Insure Stack’s blog.

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