MGAs/MGUs News

MGAs/MGUs Tackle Risk Considerations in Becoming Carriers

This post is part of a series sponsored by AgentSync. As managing general agents (MGAs) and managing general underwriters (MGUs) examine their next steps as businesses and investment opportunities, some are attracted to fully taking on the role of carrier. …

Regulatory Changes are Inevitable: Falling Behind on Your Producer Compliance Doesn’t Have to Happen

This post is part of a series sponsored by AgentSync. Question: If each state is responsible for regulating its own insurance industry, and there are 50 states in the U.S., how many different entities dictate insurance compliance? Answer: 56 Seems …

Insurance Distribution Channels: Managing Multiple Channels At Once

This post is part of a series sponsored by AgentSync. When carriers, agencies, and MGAs/MGUs first start out, they typically build a distribution strategy centered around a single channel. That makes sense: A fledgling company has a lot going on …

Changing Role of Technology in Distribution Management

This post is part of a series sponsored by AgentSync. The U.S. insurance industry is heavily regulated. That’s no shock to anyone working in the industry. Everything from producer licensing to commission payouts comes with a whole set of regulatory …

XDimensional Technologies Announces Expanded Capability to Support Usage-Based Insurance and Telematics

Support for Usage-Based Insurance and Telematics allow Carriers, MGAs/MGUs, Program Managers, and Wholesalers to access new market opportunities Brea, CA, May 24, 2017 – Today, XDimensional Technologies announced the XD Insurance Processing Platform™ now supports Usage-Based Insurance (UBI) and Telematics, …