MGAs, Sometimes Burned by Tech, Are Learning to Automate, Sell Online

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John Bennis, president, MGA Systems, said many Insurers and MGAs are turning to portals and automation to boost sales and cut expenses.

 

Wilson Elser Partner: From Idea to Program Can Be Tricky, Time Consuming

Thomas Wilson, partner, Wilson Elser, said brokers and managers looking to launch an insurance program often devote more than a year to starting up, and face a range of regulatory requirements.

 

First Indemnity's Biggio: Attorneys Have Broad Professional Liability Needs

Andrew Biggio, president, First Indemnity Insurance Agency, said attorneys should be covered in a broad fashion for liability from wrongful and prior acts, cyber exposures, licensure issues and more.

 

Specialty Program Distributors Help Drive M&A Activity

Jason Murgio, CEO, Merger & Acquisition Services, said speciality distributors including managing general agents and managing general underwriters, are actively sought for sales and acquisitions.

 

Agents Still Wrestle With Issue of Redundant Submissions

Bryan Baird, CEO, Xagent, said his company aims to provide agents with a single entry point to submit to multiple carriers.

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