MGA Agility Suite
Xceedance MGA Agility Suite elevates the MGA of the future with a leading-edge technology platform and consulting services across the insurance lifecycle.
In a market where underwriting performance is closely scrutinized, managing general agents (MGAs) need to embody operational excellence through digital adeptness, delivering value to carriers, maintaining cost efficiency, and building a competitive edge in a highly competitive marketplace. MGAs need to seek out technology-centric and strategic partnerships to create a flexible, agile, and future-ready operating model to cater to these needs. MGAs, established and start-up program administrators, and managing general underwriters (MGUs) need to deploy customized and advisor-driven sales and service engines to capture profitable markets. This requires a solution catered to program administrators’ distinctive operations.
Through the MGA Agility Suite, Xceedance addresses critical challenges, such as limited underwriting capabilities, rising operating expenditure, technology debt, and performance pressures. Capitalizing on profitable markets is a crucial differentiator, especially for lower-margin businesses. The Xceedance MGA Agility Suite provides lifecycle services, software, and regulatory compliance services created to cater to the unique needs of program administrators. The cloud-based Suite also facilitates compliance and collaboration with actuaries and third-party administrators and integration with payment gateways, general ledger applications, document generation services, and insurance data providers, enabling operational efficiency. Our services include MGA policy system solutions, digital solutions for MGAs/MGUs, technology services, and strategic operational support services across the insurance lifecycle.