MGA Agility Suite

MGA Agility Suite Archipelago Risk Services launches a next-generation platform for selling and servicing personal lines coverages and package policies Xceedance designs and delivers bespoke policy and pricing platform to help the MGA enhance cross selling and boost top-line growth. Please CONTACT US today to learn more about the ways in which we can help… Continue reading

Strategic Operations Support (SOS) for Underwriting

Strategic Operations Support (SOS) for Underwriting Our approach to underwriting is built on four key pillars, all of which constitute a higher degree of discipline for the underwriting process: expertise, efficacy, experience, efficiency. The 4E Framework is especially beneficial for insurance companies that use multiple underwriting methods; run disparate, disjointed policy administration systems; and don’t… Continue reading

Singular Solutions to Common Claims Problems

Singular Solutions to Common Claims Problems There is a growing mountain of evidence suggesting technology and its applications will transform the processing of insurance claims to deliver significant business results. Interestingly, however, from the number of claims filed to the time and cost required to process them, from digitalization to policyholder expectations, the topic of… Continue reading

Connecting the Dots – The Key to Inclusive Networks

Connecting the Dots Services such as roadside assistance and home repair are add-ons or endorsements to insurance policies, historically requiring policyholders to contact dispatching or service centers to get help. But with modernization and digitalization, insurers are improving policyholder experiences. From websites and portals, to smart phones, tablets and mobile apps, insurers are providing policyholders… Continue reading

08-08-2018 Blog: Claims Transformation to Reduce Operational Cost and Meet Policyholder Expectations

Claims Transformation to Reduce Operational Cost and Meet Policyholder Expectations August 8, 2018 | Prashant Tekchandani and Prateek Vijayvergia Rising claims cost and evolving customer preferences for personalized policies and omnichannel interactions are putting auto insurers under intense pressure. Recent studies have concluded that accident-related auto repair costs have risen significantly, undercutting profitability and worsening… Continue reading

Global MGA

Global MGA A global MGA that handles marine and energy business across multiple geographic regions was experiencing rapid growth. During the last year, its written premium increased 62 percent in just six months. As a result, the MGA needed to better understand the overall functioning of its business with specific attention to mapping processes across… Continue reading