Insurity joins Managing General Agents’ Association
Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, has joined the Managing General Agents’ Association (MGAA) as it looks to expand its presence in the UK market.
Insurity said MGAs have historically relied on fragmented technology solutions with few digital capabilities to respond to changing market demands and new opportunities. Its membership will enable MGAs, carriers, and syndicates to access "highly-configurable products, distribution solutions, and industry-leading APIs".
“ Insurity’s MGA software automatically integrates across multiple functional areas including pricing, underwriting, proposal generation, policy issuance, and bordereaux production,” explained Jake Hampton (pictured), SVP, product management at Insurity. “This allows MGAs to reduce underwriting costs, decrease response times, and create a superior customer experience across the board.”
Michael Keating, CEO of MGAA, said: “We are excited for Insurity to join our supplier partners. Insurity offers a best-in-class digital platform supported by deep industry expertise to carriers, brokers, and MGAs, allowing them to optimise their business operations. Insurity will provide tremendous value to our members.”
Kevin Grimes, SVP and general manager for MGA markets at Insurity, added: “We are looking forward to growing our relationship with the MGAA and expanding our presence in the U.K. market. Insurity MGA software and digital capabilities enable insurance distribution and the customer experience to be seamless and efficient for MGAs. We are excited to partner with members of the MGAA and help them quickly capitalise on new opportunities and add value to their organisations.”
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