Next Mile Insurance Solutions

What Next Mile Insurance Solutions does

Next Mile Insurance Solutions, operating under the ODI Group Captive brand and legal entity DeliverRe Insurance Limited (California, License #0M07762), is a member-owned group captive insurance firm focused exclusively on the transportation and delivery industry. The company structures and services group captive insurance programs in which mid-market privately held transportation operators and Delivery Service Partners (DSPs) become co-owners of the captive entity. The offering is anchored on six service modules — Captive Evaluation, Group Matching, Claims Management, HR Support, Regulatory Compliance, and Policy Management — which together cover the full lifecycle from eligibility assessment through ongoing risk and HR support. Members must pay a minimum of $100,000 annually in combined workers' compensation, general liability, and auto premiums and meet 5-year claims-history thresholds (claims paid equal to less than 40% of total premium on average) to qualify.

Name

Next Mile Insurance Solutions

Legal name

DeliverRe Insurance Limited

Website

https://nextmileinsurance.com

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

11–50 employees

Short description

Next Mile Insurance Solutions operates a member-owned group captive insurance program for mid-market transportation and delivery companies, bundling captive evaluation, claims management, HR support, and compliance services under the ODI Group Captive and DeliverRe brands.

Ownership category

akta.pro rank

Product category

Commercial Captive Insurance

NAICS

Insurance Agencies and Brokerages (524210), Direct Property and Casualty Insurance Carriers (524126)

SIC

Insurance Agents, Brokers & Service (6411), Insurance Carriers, Nec (6399)

akta.pro primary industry

Captive Insurance Advisory & Management (FSAEADAF)

akta.pro secondary industry

Hired & Non-Owned Auto (FSAJABAE)

Keywords

• Group captive insurance
• Captive insurance services
• Workers compensation insurance
• Transportation insurance
• Claims management services

Headquarters

HQ city

Sacramento

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Captive Insurance Premiums: Approximately 40% of captive members' premiums cover the basic costs of running the insurance company, including claims management, loss control, policy issuance, and reinsurance. About 60% of premiums are isolated in members' own asset accounts for claims coverage. Members pay annual premiums determined by actuaries based on their individual claims history.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Next Mile Insurance Solutions facilitates member-owned group captive insurance programs for the transportation and delivery industry. The firm assesses, matches, and enrolls qualifying businesses into captive insurance pools, then delivers ongoing claims management, HR support, regulatory compliance, and policy management services. Approximately 60% of premiums are isolated in member asset accounts for future claims coverage while the remaining 40% covers operational costs.

Product overview

Next Mile Insurance Solutions offers a single integrated product: a Member-Owned Group Captive Insurance program for the transportation and delivery industry. The core offering is complemented by six service modules—Captive Evaluation, Group Matching, Claims Management, HR Support, Regulatory Compliance, and Policy Management—that together provide a comprehensive insurance solution. The company tailors its blend of services to each delivery service partner (DSP), helping them secure lower-cost member-owned group captive policies while providing ongoing claims management, workplace safety support, and regulatory compliance assistance.

Differentiator

Problem solved

Functional benefit

Products and services

• Group Captive Insurance

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• AssuredPartners SacramentocoreImplementation/ SI/ Consulting PartnerThe Next Mile Insurance Solutions team operates through AssuredPartners Sacramento, a partner organization providing captive insurance services, claims management, and compliance support to transportation industry clients. Team members include Jason Barrios (National Practice Leader), Stephen Ricci and Ryan Heitman (Senior Producers), and support staff.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Strategic Risk Solutions: Independent captive management and insurance advisory firm focused on alternative risk transfer for mid-market and large clients. Operates group captives similar to Next Mile's model, with comparable actuarial, claims and compliance service modules.
• Captive Resources (Great American Insurance): A leading captive management firm providing formation, underwriting, and administration of group and single-parent captives — directly comparable in business model and target customer (mid-market employers seeking alternatives to traditional commercial insurance).

Broad incumbents

• Willis Towers Watson Captive Solutions: Captive insurance practice within WTW, a top-tier global insurance brokerage. Comparable as a group captive sponsor and advisor, though WTW operates across all major industries with deeper bench and broader geographic reach.
• Liberty Mutual Insurance (Commercial & Trucking): One of the largest U.S. commercial property & casualty insurers with a dedicated transportation and trucking practice. Sets the traditional-market baseline pricing and coverage that motivate transportation operators to consider alternatives like Next Mile's captive.
• AmTrust Financial Services: Specialty P&C insurer with a major workers' compensation book including transportation and commercial auto. Comparable in being a workers' comp specialist serving mid-market employers, though AmTrust is an admitted carrier rather than a captive sponsor.
• Berkshire Hathaway GUARD Insurance Group: Workers' comp and commercial P&C specialist within Berkshire Hathaway focused on small-to-mid market employers including transportation. Sets the traditional workers' comp pricing benchmark that makes captive placement attractive for qualifying mid-market fleets.
• Aon Captive Solutions: Captive formation and management arm of Aon, the second largest global insurance brokerage. Directly comparable on captive advisory and group captive program design, though Aon serves all major verticals (healthcare, manufacturing, construction) rather than specializing in transportation.
• Marsh Captive Solutions: The captive insurance practice of Marsh McLennan, one of the largest insurance brokerages globally. Operates group captive vehicles for mid-market clients across multiple industries, comparable in captive-management expertise though broader in vertical scope than Next Mile's transportation focus.

Emerging players

• NEXT Insurance: Digital-first commercial insurance carrier targeting small businesses with workers' comp, general liability and auto. Partial overlap with Next Mile on the insurance needs of commercial operators, though NEXT serves smaller accounts via direct online binding versus Next Mile's mid-market captive model.
• Cover Whale: Insurtech focused on commercial trucking insurance, using data and telematics to price fleet policies competitively. Comparable in the transportation insurance space but addresses the standard admitted market rather than the captive structure Next Mile facilitates.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/odigroupcaptive

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Next Mile Insurance Solutions