Laser-focused on the contract binding market, the Virtual MGA platform is specifically designed to make insurance placement easy, efficient, and error free. Virtual MGA is a simple, efficient way to transact personal, commercial, and specialty insurance placements in the contract binding market. Virtual MGA is a SaaS based rate/quote/issuance platform made accessible to any party of the insurance trading chain including Retail Agent, MGA/Coverholder, or the Syndicate/Carrier.
- SaaS model hosted in multiple tier-one data centers with Insurity responsible for all security, software updates, and hardware upgrades.
- Highly flexible platform designed for use as either a two-way trading platform with external trading partners or as an internal underwriting platform.
- Speed to Market with an easy startup with an implementation team that understands your contract binding business needs.
- Fully customization workflows can incorporate your company's particular and unique business flow, custom authority and permission levels, and business rules.
- Integrated rating and business rules to support your business.
- Policy issuance dynamically created with data mapped from application and rating.
- Automated production of risk level bordereaus or any other transactional report.
- Aggregate capacity management can be used to track down to the zip code level.
- You will not be interupted as we understand the MGA contract binding business and will not burden your organization by asking basic insurance questions.
- Your business can grow quickly with this high-value solution that can be implemented quickly.
- Clients business flow is optimized for their unique contract requirements.