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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Vertafore's MGA Systems serves as a dedicated policy administration platform tailored for Managing General Agents (MGAs) and program administrators, allowing for the quick launch of new products and business lines. It combines policy administration, accounting, and claims management into a cohesive system, enhanced by event-driven workflows that optimize operational efficiency. This solution employs an agile development methodology, enabling rapid implementation of tailored customizations and features open APIs for seamless connections with other systems. Addressing the specific requirements of ultra-specialized risk management, diverse distribution models, and third-party integrations, MGA Systems also excels in delivering complex and customized reporting functionalities. By enhancing the workflow through MGA processes and integration with rating tools such as NetRate, users can efficiently perform tasks like rating, quoting, binding, invoicing, and policy issuance. Ultimately, this system not only improves operational efficiency but also empowers MGAs to respond swiftly to market demands while maintaining high levels of service.

Description

An all-encompassing general insurance software solution tailored for insurance firms managing both personal and commercial lines of business. Each module within the system utilizes a unified database and a centralized repository of business rules for data management. This application encompasses a wide range of essential insurance functions, such as client administration, underwriting procedures, policy and endorsement creation, claims processing, and the handling of co-insurance and reinsurance tasks. Additionally, it facilitates billing, payment collection, cash handling, agency and commission oversight, production workflows, and comprehensive management reporting, all within a versatile system that supports multiple companies, currencies, and languages. Moreover, it incorporates reinsurance accounting, automated underwriting systems, an Insurance Products Generator, and a rating tool for enhanced efficiency. This robust software also streamlines policy administration and agent commission management, making it a vital tool for modern insurance operations.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

NetRate Commercial Lines Rating

Integrations

NetRate Commercial Lines Rating

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Vertafore

Founded

1969

Country

United States

Website

www.vertafore.com/products/policy-administration-system/mga-systems

Vendor Details

Company Name

Comtec Global

Website

www.comtecglobal.com/tis

Product Features

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

Product Features

Insurance Agency

Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

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