The Verdict Risk Alliance is a federally authorized risk purchasing group organized under the LRRA 1986 and administered by Rainshade Specialty LLC.
The Verdict Risk Alliance is a risk purchasing group (RPG) organized under the federal Liability Risk Retention Act of 1986. It provides commercial real estate, habitational, and hospitality organizations with high-limit excess and umbrella liability coverage alongside a structured five-pillar platform designed for the liability severity environment.
The Alliance is administered by Rainshade Specialty LLC, a program administrator and specialty wholesale brokerage focused exclusively on excess and umbrella liability for commercial property segments. Rainshade designs, files, and administers the program on behalf of Alliance members.
The LRRA 1986 authorizes groups of businesses with similar liability exposures to form purchasing groups for the purpose of purchasing liability insurance.
Organized under federal law — providing multi-state coverage rights and protections against state regulatory disruptions.
Collectively negotiated program terms, capacity, and pricing unavailable to individual buyers regardless of their size.
RPG structure requires members share similar liability exposures — creating a coherent, defined risk pool.
Rainshade Specialty LLC is a program administrator and specialty wholesale brokerage focused exclusively on excess and umbrella liability for commercial property business segments. The Verdict Risk Alliance is Rainshade’s primary program vehicle.
Rainshade was founded by Eric Arthur, whose career spans three decades of specialty program administration in commercial real estate, habitational, and hospitality segments — including co-founding Fulcrum Insurance Programs, co-founding AGPOM, and serving as Senior Vice President of Product Development at Distinguished Programs.
Three decades of specialty program administration in commercial real estate, habitational, and hospitality excess and umbrella. Co-founder of Fulcrum Insurance Programs and AGPOM. Former SVP Product Development, Distinguished Programs.
Contact the program administrator or access the member platform.