I still prefer this one over your updated designs. Do you have any ideas on incorporating fire or enhancing the graphics on the "o" without being too literal (with the medal)?
I do like the colors. The "V" is kind of hard to read, but I do like where you are going with emphasizing it. Do you have more graphic ideas? We now have to use "Valor Insurance, Ltd." We would still like the emphasis on Valor (with Insurance, Ltd. smaller and underneath).
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