Case Study: Foundation Risk Partners achieves 300bps EBITDA uplift with Version 1

Foundation Risk Partners boosts EBITDA by 300 bps with Version 1

Foundation Risk Partners (FRP), a fast-growing US insurance brokerage, had built a clean, proprietary data foundation but needed to turn that asset into measurable business value at scale. They partnered with Version 1 to identify, build, and deploy AI use cases across their business.

Version 1 implemented a strategic solution leveraging the Microsoft stack, including Copilot, and provided AI governance via Credo AI. This partnership resulted in a 94% cycle time reduction, doubled close ratios, and the generation of $3.9 million in new revenue. The program delivered over 300 bps of EBITDA uplift, combining cost savings from reduced outsourcing with significant revenue growth, all achieved with a lean internal team augmented by Version 1.

Foundation Risk Partners