Are you grappling with thinning profit margins, increasing customer expectations, and changing regulatory guidelines? Being an MGA is highly demanding. Staying updated with all the latest insurance regulations and successfully catering to the demands of this dynamic market weighs down even the most driven entrepreneurs.

Outsource insurance services for MGAs to manage cumbersome tasks and embrace technological advancements. This leaves you with ample time to focus on your market and customers. As a leading insurance service providing company with 25 years of experience, we serve insurance clients worldwide. Get the winning advantage of quick and efficient insurance back-office services, reduce operational costs, and focus on generating better revenues by outsourcing insurance services for MGAs.

MGA Insurance Solutions We Offer

Carrying vast industry experience, our experts will help you to streamline your insurance back-office processes within a quick turnaround time. Some of the key insurance support services for MGAs we offer include -

1. Issuing Policies

   

   Our team ensures accurate issuance and prompt servicing of all the policies for the specified lines of business, which involve multiple carriers. We also specialize in providing clerical and technical support to the Binding Units.

2. Servicing Policies

   

   We have world-class infrastructure in place and all our insurance experts have the required knowledge and expertise to provide quality servicing of new policies and prompt renewal of the existing policies. We ensure that the renewals are based on issuance instructions laid down by the underwriters.

3. Effective BU Assistance

   

   Our team of insurance experts will be available at all times to provide expert guidance and assistance to the branch/binding (BU) units in case of any problems. Besides, our professionals will help them quickly solve all their queries.

4. Consistent Customer Service

   

   We understand that customer service is of utmost importance in insurance. Therefore, we have highly experienced and well-trained professionals to provide high-quality, consistent customer service, which is by the service standards of insurance companies, retail agents, MGAs, and brokers.

5. Timely Update of the Documentation

   

   Our team of insurance specialists will promptly update all the policy documentation in time and consistently meet the SLAs. We also quickly identify any kind of missing information, follow up and get the required information, and update the data when required.

6. Constant Policy Monitoring

   

   We can help you review and monitor all the company-issued policies and provide any kind of clerical support to the underwriting team if needed.

7. Other Services We Offer

   Apart from the general insurance services for MGAs, we also provide the following services as and when required -

   • Underwriting
   • Claims Management
   • Policy Issuance
   • Marketing
   • Loss Control
   • Binding
   • Premium Collection
   • Data Processing/Data Entry

Insurance Software we use

Why Should You Choose Our Insurance Services for MGAs?

Offering customized services for MGAs, we understand the unique challenges faced by them. So, we go beyond delivering what is necessary and empower you with advanced solutions. Some of the key reasons that set us apart are -

• Streamlined Processes

  When you outsource your insurance requirements to us, we ensure that all your internal processes get streamlined and the process of issuing and renewing policies will run smoothly.

• High Quality Policy

  We strictly follow ISO standard processes for all our services and ensure that we provide the best quality services, as compared to any of our competitors.

• Data Security

  We have all the mandatory data security policies and confidentiality agreements in place, which ensure that your crucial insurance information remains safe.

• Easy Scalability

  We have multiple delivery centers and a pool of skilled and qualified resources to accommodate sudden fluctuations in the volumes easily.

• Faster Turnaround Time

  We deliver quality services within a quick turnaround time through our multiple delivery centers, which are spread across the globe.

• Round-the-Clock Service

  Our team of highly experienced insurance specialists will be available round the clock to provide consistent support to MGAs.

• Flexible Pricing

  We offer a flexible pricing structure, where you pay for what you avail. This helps you save up to 30% of the costs without compromising on the quality.

Additional Services You Can Benefit From

Customer Success Stories

Outsource Insurance Services for MGAs to Mitigate Market Threats and Maximize Profits

As a leading insurance BPO company, we serve MGAs across the globe. Our goal is to support our insurance customers by catering to all their insurance requirements by providing quick and reliable services. With our responsive onboarding process and quicker time-to-execute, we help our clients make a lasting impression on their existing, new, and potential policyholders. Outsourcing insurance services for MGAs enables you to -

• Streamline your process of issuing and renewing insurance policies
• Automate complex and redundant tasks to save time and improve accuracy
• Improve compliance and enhance customer experience

Identify market competition, minimize administrative and operational costs, and maximize your revenues with our customized insurance services for MGAs.