MGAs
Insurer
Broker
How MGAs can maximise their data – no more wrestling with spreadsheets
Data analytics are vital for MGAs to compete and get ahead in today’s insurance market. But building and executing a comprehensive data strategy requires the right foundations. MGAs are under increased pressure. Not only are they facing rising competition for customers, but they are also up against a stagnating economy, less capital availability, plus rising […]
Insly’s Founder and CEO Risto Rossar on The Voice of Insurance Podcast
Insly’s Founder and CEO, Risto Rossar, with Mark Geoghegan, had a thought-provoking discussion on The Voice of Insurance Podcast and explored the future of the insurance industry. With decades of experience in the insurance industry, Risto sheds light on the world of no-code and low-code solutions, how they differ from each other, how they can […]
Insly Market Outlook: MGA Industry Trends 2023
2022 has been a challenging year for businesses. The pandemic’s consequences are still being felt by smaller firms, interest rates and inflation are skyrocketing, and consumer expectations are expanding and diversifying. But despite the challenges, MGAs and insurers have, so far, been able to keep up with the pace of change. Insurance industry trend experts […]
Insly Showcases its Virtual Underwriting Assistant @ DIA 2022 Conference
Insly’s Head of Growth and Marketing, Hammad Mirza, and Chief Product Officer, Kestutis Naureckas, were honoured to present at this year’s Digital Insurance Agenda (DIA) Conference in Amsterdam (29-30 June 2022). The two-day event attracted over 1,300 insurance underwriting professionals from more than 50 countries worldwide. Hammad and Kestutis’ demo thoroughly debunks the myth that […]
5 Questions with Insurance Influencers: Matthew Dover
We interviewed Matthew Dover, Head of Underwriting and Compliance at Renovation Underwriting. Matthew describes that the main value MGAs bring to the market is offering capacity providers expertise they may not possess in-house. This way, capacity providers are able to participate in profitable business lines without having to buy in the expertise. Technology definitely helps […]
5 Questions with Insurance Influencers: Andreas Nemeth
We had a chat with Andreas Nemeth, CEO and Managing Partner at UNIQA Ventures. Andreas is convinced that the biggest impact of technology on the insurance industry will be the disintermediation and proliferation of online sales channels, as well as advancing data-driven pricing, risk assessment, and product innovation. He also believes that claims management will […]
Insly Insurance Market Outlook: Trends for 2022
What’s the outlook for the insurance market in 2022? Insly’s CEO Risto Rossar explains his vision of how the upcoming year will affect Insurers and MGAs and what the trends will be. Risto points out two major trends in the insurance space: the rise of no-code and low-code insurance software and insurance distribution moving from […]
Insurance Software to Leverage the Performance of MGA Managers
Previously, we talked about the advantages that insurance software provides for underwriters. This article will focus on the main bottlenecks in MGA Managers’ responsibilities and how they can benefit from using insurance software. The Biggest Challenges Faced by MGA Managers Building an insurance company is a major challenge by itself. The decision to take the […]
Report: How can Big Data benefit insurance brokers?
“Big data will completely transform insurance industry”, “The future on insurance is big data” – such bold claims have become a part of more and more industry reports and conference keynotes. But is big data just a hyped-up form of the same, age-old data driven business intelligence, or is something new set to change how […]
Podcast: How to Bring Innovation to Insurance Industry?
Market Minds has recorded a very fun and captivating podcast with Insly’s CEO and founder Risto Rossar and project manager Mart Parve, introducing Insly as a cloud based CRM and policy administration business for insurance industry. Conversation is centered how to bring innovation to insurance industry. How right now the industry wastes energy and which […]
