Overview
Combining applications and services, the Xceedance MGA Agility Suite gives established and startup MGAs a tailored platform to effectively capture and serve target market segments. The MGA Agility Suite provides software and insurance lifecycle services — created expressly for the distinctive operations of MGAs.
Key Features
- Help MGAs/MGUs write more business quickly and accurately, develop programs and products efficiently, and mobilize distribution partners
- Bundle various LOBs into single package policies
- Automate submissions, quotes, binding, endorsements, cancellations, and renewals
- Integrate with third-party data sources
- Enable customization of rating, pricing, and business rules
- Interface with other systems to ensure a single source of truth
- Generate documents for quote submission and policy binding
- Bolster reporting for internal and external compliance
Key Benefits
The MGA Agility Suite’s software empowers MGAs with highly automated workflows and a streamlined policy lifecycle, boosting organisational efficiency, enhancing the policy buying experience, and lowering operating costs. The platform combines policy-administration capabilities, as well as underwriting, distribution, communications, and BI/reporting functionality. In addition, it integrates with third-party resources, including insurance data providers, payment gateways, general ledger applications, and document generation services. The front end can be modified to reflect the distinct needs of an MGA’s individual intermediaries – and can be branded accordingly. The MGA Agility Suite can be deployed on the cloud for superior performance in managing diverse insurance products and core MGA workflows.