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Virtual MGA

The simplest, most efficient way to transact insurance placements

Laser-focused on the contract binding market, the Virtual MGA platform is specifically designed to make insurance placement easy, efficient, and error free.
  • SaaS Model
    Hosted in multiple tier-one data centers, the Virtual MGA platform is a SaaS solution, with Insurity responsible for all security, software updates, and hardware upgrades.
  • Speed-to-Value
    Virtual MGA has framework products that require only a few client-specific customizations, and can be deployed to a live environment within a relatively short period of time.
  • Highly Flexible
    The Virtual MGA platform is designed for flexibility and can either be used as a two-way trading platform with external trading partners or as an internal underwriting platform.

Key Platform Features and Benefits

  • Easy to get started. Our integration team specializes in understanding your business needs and building a deployment plan that is simple, easy, and quick.
  • Fully customizable to your workflow. Our platform is designed to incorporate your company’s particular and unique workflows, with customized authority and permission levels, and business rules.
  • Both rating calculations and business rules may be applied so that multiple workflows/referrals can be supported.
  • Policy issuance dynamically created with data mapped from the rating and application section.
  • Automatic production of risk level bordereaux or any other transaction report.
  • Aggregate capacity can be tracked down to the zip code level across multiple attributes.

Why Clients Choose the Virtual MGA Solution

We understand your business

Because our MGA specialists have been in your business. We will not be a burden to your organization by asking basic insurance questions. We will merely find out how you want it done.

High-value solution

We provide a low-cost way to quickly deploy your programs. By putting your programs online, you give your retailers the ability to self-service many of their needs, and simultaneously reduce the workload of your underwriters.

Optimized for Lloyd’s business

For clients transacting business with Lloyd’s, Insurity has offices in both the US and London, and has resources that understand both the US and UK sides of a transaction. This speeds up the usual time lag in getting answers to questions for transatlantic implementations.