Braddock Road Insurance Corporation
Personal Guarantee Insurance for SBA loan borrowers
Overview
Braddock Road Insurance Corporation (BRIC) is a personal guarantee insurance MGA targeting small business owners and entrepreneurs who use SBA 7(a) loans. Founded by Brendan Burdette and Ryan Conner, both of whom had personally signed business loan guarantees, BRIC developed what it describes as the first Personal Guarantee Insurance (PGI) product in the United States.
BRIC underwrites a single insurance product -- PGI -- backed by an A-rated carrier. The policy covers up to 50% of a borrower's personal guarantee liability on SBA 7(a) loans. Coverage activates when a lender issues a written demand on a defaulted loan after corporate assets have been liquidated. Annual premiums are estimated at 1-2% of the loan value.
The company distributes through direct online channels and has built relationships with SBA lending networks. BRIC was selected for InsurTech NY's 2025 MGA Lab cohort and has been active in acquisition entrepreneurship communities, including a featured appearance on the "Acquiring Minds" podcast.
Products & Services
Personal Guarantee Insurance (PGI)
A liability protection product for individuals who have signed personal guarantees on SBA 7(a) business loans. The policy pays directly to the lender when a default occurs and a written demand is issued on the guarantee, reducing the guarantor's personal exposure by approximately 50% after corporate assets are applied.
Key Features
- Covers up to 50% of personal guarantee liability on SBA 7(a) loans
- Pays out upon lender's written demand following default and liquidation of corporate assets
- Backed by an A-rated insurance carrier
- Rapid underwriting turnaround (hours, not weeks)
- Annual premium estimated at 1-2% of loan value
Target Users: Small business owners, acquisition entrepreneurs, and higher net-worth borrowers (typically net worth 250k+) using SBA-backed financing
Distribution: Direct online via eligibility checker and application portal at personalguaranteeinsurance.com; also through SBA lending broker networks
At a Glance
- Founded
- 2024
- Headquarters
- Atlanta, GA
- Employees
- 1-10
Category & Focus
Links
Last updated: 2026-06-16