One thing successful MGAs and program administrators do to prepare for a surge in growth is evaluate their technology, so that systems and software hum along with the pace of new business.
In the age of heightened cyber security, one thing you can do to protect your organization is to have penetration tests and vulnerability assessments performed on your computer infrastructure, including servers, network and even applications.
RPS (Formerly known as KDC Associates, LLC) is a multi-million dollar office of Risk Placement Services (RPSins.com). They operate like an MGA and have the ability to rate, quote, bind, issue and endorse policies. Focused mainly on general business, inland marine and auto, they now have a growing line of towing business. It currently accounts for about 50% of their business.
26by MGA SystemsAug 2020
MGA Systems and NetRate Join Forces
MELVILLE, N.Y. — MGA Systems, Inc., the leader in purpose-built software for the MGA and E&S brokerage industry, announced Wednesday it has executed a strategic merger with NetRate Systems, Inc., a leading commercial insurance rating platform for MGAs and program administrators.
23by Daniel RahlDec 2019
Workers’ Compensation Class Codes: Past and Present
What’s my rate? It’s a question that every insured has likely asked, and every agent or underwriter must answer. But how do insurers know? The answer lies in the system of risk exposure classification that’s been developed over the course of several millennia.
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