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Are APIs in Insurance Essential for Insurers and MGAs?
Using APIs in Insurance Application Programming Interface (or API for short) essentially enables connecting various IT systems or applications and allowing them to use each other’s functionality. Using APIs in insurance can serve multiple purposes and business opportunities with the potential of bringing cost-efficiency and flexibility for selling and managing insurance products. Traditionally, IT infrastructure […]
MGA Startup Story: How to Build a Successful Insurance Startup?
What defines a successful MGA entrepreneur? John Holm, Executive at MGA Investments at Asta Underwriting Management Ltd, says that perhaps the most important factor often cited for the ideal MGA startup entrepreneur is someone who is good at both insurance underwriting and insurance distribution, as well as having a good grasp of the numbers. However, […]
How business insurance is changing in 2017?
With the introduction of the internet, businesses of all kinds have been shifting their focus to the digital world. From news to fitness to analytics and dictionaries, we can get virtually everything we need with the push of a few buttons. How business insurance is changing in 2017? Unfortunately, not every business-type has found a way […]
