Insurity serves 7 of the top 10 U.S. MGAs, and its continued commitment to the MGA market is evident by its targeted acquisitions, R&D investment, and strength in product functionality
HARTFORD, Conn., January 18, 2023–(BUSINESS WIRE)–Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced its continued commitment and leadership in the MGA space. Following its strategic acquisitions and multiple investments in the MGA space, Insurity remains the sole insurance software provider recognizing the significance of delivering a product suite purpose-built to enable MGAs to win new business.
Over the last several years, Insurity acquired Epic-Premier, Bill-It-Now, Virtual MGA, and Instec to deepen and strengthen its focus in the MGA space while becoming the predominant player in providing MGAs with the comprehensive solutions they need to enter new markets and improve carrier-MGA partnerships quickly.
Insurity’s focus on its MGA product roadmap has remained strong. A large percentage of its research and development resources are allocated to the continued development and integration of these solutions into a common MGA suite. The approach allows MGAs to modernize their business, taking advantage of seamless integration and a digital platform with a complete feature set of API calls.
The Sure MGA Suite provides MGAs with an underwriting platform, policy, billing, claims, trading and distribution, agency management, and advanced data analytics. MGAs can reduce the time spent through quote, bind, and issue and confidently expand into new markets. MGAs leveraging Insurity’s MGA product suite benefit from Insurity’s deep product knowledge and experience in providing for binding and brokerage markets, with 100+ MGA customers, including 7 of the top 10 U.S. MGAs.
“The functionality and capabilities of Insurity’s MGA product suite are unparalleled and well ahead of what is available on the market right now,” said Sylvester Mathis, Chief Insurance Officer at Insurity. “Insurity’s mission is to empower insurance organizations to quickly capitalize on new opportunities by delivering configurable, cloud-native, easy-to-use, and intuitively analytical software. We are executing this vision by building the most comprehensive purpose-driven product suite in the MGA market.”
To learn more about how Insurity’s MGA solutions can benefit your organization, please reach out to Elizabeth.Hutchinson@insurity.com.
Insurity is a leading provider of cloud-based software for insurance carriers, brokers, and MGAs. Insurity is trusted by 15 of the top 25 P&C carriers and 7 of the top 10 MGAs in the US and has over 400 cloud-based deployments. Through its best-in-class digital platform and with unrivaled industry experience and the industry’s most robust analytics offerings, Insurity is uniquely positioned to deliver exceptional value, empowering customers to focus on their core businesses, optimize their operations, and provide superior policyholder experiences. Insurity is a portfolio company of GI Partners and TA Associates. For more information, visit www.insurity.com.
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