Tricura Insurance Group
Liability insurance for senior living communities, powered by AI-driven underwriting and operational risk analytics.
Overview
Tricura is a managing general agent providing general and professional liability insurance to skilled nursing facilities, assisted living communities, and continuing care retirement communities across the United States. The company combines data-driven underwriting with real-time operational analytics to serve approximately 28,000 senior living facilities in its addressable market.
Founded in 2023 by Gabriel Mayer following his experience in healthcare private equity, Tricura addresses a specific gap: traditional insurance carriers lack the specialized knowledge of senior living operations that underwriters like Tricura now provide. The company's leadership team includes Mayer (CEO), Elizabeth Nichols (Underwriting Director, 14+ years in senior living liability), and Matthew Queen (Chief Operations Officer, insurance technology specialist). The firm operates as a full-binding MGA placing business through its carrier partners while retaining strong underwriting discretion.
Tricura targets an estimated $50 million in written premium during 2025, distributing through healthcare brokers and agents who specialize in senior living risk. The company's primary competitive advantage lies in its application of artificial intelligence to document processing, achieving 95%+ extraction accuracy from applications, and its partnership with Gemini Analytics to provide policyholders with real-time operational risk insights linked directly to measurable outcomes: 44% fewer Centers for Medicare & Medicaid Services fines and 40% reduction in compliance penalties at facilities using the analytics platform.
Products & Services
Senior Living Liability Insurance
Tricura offers general and professional liability coverage engineered for senior care environments, including skilled nursing facilities (SNFs), assisted living facilities (ALFs), and continuing care retirement communities (CCRCs).
Key Features
- Primary general liability ($1M/$3M standard, up to $10M aggregate)
- Professional liability covering healthcare operations
- Specialized underwriting for licensed senior care providers
- Coverage for litigation and regulatory fines linked to operational failures
Target Users: Senior living facilities across the United States, from boutique 50-bed communities to large multi-facility chains.
Distribution: Wholesale model through healthcare brokers and agents specializing in senior living.
Gemini Analytics Integration
Post-binding, policyholders gain access to Gemini Analytics platform providing real-time operational intelligence beyond traditional policy coverage. Benefits:
Key Features
- Automated compliance audits and facility oversight
- Predictive identification of liability risk factors
- Documentation support for Centers for Medicare & Medicaid Services surveys
- Measurable outcomes: 44% reduction in CMS fines, 40% reduction in compliance penalties, 21% reduction in complaints
At a Glance
- Founded
- 2023
- Headquarters
- New York, USA
- Employees
- 51-200
Category & Focus
Last updated: 2026-06-17