{"id":11268,"date":"2021-02-23T14:51:53","date_gmt":"2021-02-23T12:51:53","guid":{"rendered":"https:\/\/insly.com\/?p=11268"},"modified":"2024-03-14T15:58:38","modified_gmt":"2024-03-14T12:58:38","slug":"no-code-and-low-code-insurance-software-providers-for-mgas","status":"publish","type":"post","link":"https:\/\/insly.com\/en\/blog\/no-code-and-low-code-insurance-software-providers-for-mgas\/","title":{"rendered":"No-Code and Low-Code Insurance Software Providers for MGAs"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><h2 style=\"text-align: justify;\"><span class=\"TextRun SCXW66744448 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW66744448 BCX0\">Insurance Software Providers Deliver Different Functionalities<\/span><\/span><span class=\"TextRun SCXW66744448 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW66744448 BCX0\">\u00a0<\/span><\/span><span class=\"EOP SCXW66744448 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<p style=\"text-align: justify;\"><span data-contrast=\"none\">As we have previously written,\u00a0<\/span><a href=\"https:\/\/insly.com\/blog\/why-your-insurance-business-should-be-ready-for-no-code-and-low-code-platforms\/\"><span data-contrast=\"none\">no-code and low-code solutions<\/span><\/a><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">are making their way in insurance\u00a0to\u00a0help\u00a0Underwriters rapidly launch new insurance products, adapt to changing market conditions<\/span><span data-contrast=\"none\">,<\/span><span data-contrast=\"none\">\u00a0and provide flexibility in connecting to other IT systems.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"none\">Since the no-code and low-code approach has not become the industry standard yet, good solutions might be hard to track down for MGAs. Therefore, we\u2019re happy to share some software providers we have come across that fit the bill.<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\"><img fetchpriority=\"high\" decoding=\"async\" class=\"center aligncenter wp-image-11278\" src=\"https:\/\/insly.com\/wp-content\/uploads\/2021\/02\/Untitled-design-1.png\" alt=\"Comparing software providers\" width=\"708\" height=\"341\" srcset=\"https:\/\/insly.com\/wp-content\/uploads\/2021\/02\/Untitled-design-1.png 1350w, https:\/\/insly.com\/wp-content\/uploads\/2021\/02\/Untitled-design-1-250x120.png 250w, https:\/\/insly.com\/wp-content\/uploads\/2021\/02\/Untitled-design-1-700x337.png 700w, https:\/\/insly.com\/wp-content\/uploads\/2021\/02\/Untitled-design-1-768x370.png 768w, https:\/\/insly.com\/wp-content\/uploads\/2021\/02\/Untitled-design-1-120x58.png 120w, https:\/\/insly.com\/wp-content\/uploads\/2021\/02\/Untitled-design-1-204x98.png 204w, https:\/\/insly.com\/wp-content\/uploads\/2021\/02\/Untitled-design-1-660x318.png 660w\" sizes=\"(max-width: 708px) 100vw, 708px\" \/>\u00a0<\/span><\/p>\n<h2 style=\"text-align: justify;\"><b><span data-contrast=\"auto\">Comparison of No-Code and Low-Code Insurance Software Providers<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/h2>\n<p style=\"text-align: justify;\"><span data-contrast=\"none\">We prepared a brief comparison of insurance software providers for MGAs based on the most common functionalities:\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">quote and bind;\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">risk bordereaux;\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">premium accounting; <\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">claims.\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<table class=\"aligncenter\" style=\"width: 99.837%; border-style: solid; border-color: #ff7d00; content-align: center;\" border=\"3px\" width=\"99.837%\" cellspacing=\"2%\" cellpadding=\"2%\">\n<tbody>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong>Provider<\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p><strong>Quote &amp; Bind<\/strong><\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p><strong>Risk Bordereau<\/strong><\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p><strong>Premium Accounting<\/strong><\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p><strong>Claims<\/strong><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong><a href=\"http:\/\/www.360globalnet.com\">360Globalnet<\/a><\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>Yes<\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong><a href=\"https:\/\/artificial.io\/\">Artificial<\/a><\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>&#8211;<\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong><a href=\"https:\/\/www.aventusplatform.com\/\">Aventus<\/a><\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>&#8211;<\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong><a href=\"https:\/\/www.evari.tech\/\">Evari<\/a><\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>&#8211;<\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong>Insly<\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>Yes*<\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong><a href=\"https:\/\/instanda.com\/\">Instanda<\/a><\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>&#8211;<\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong><a href=\"https:\/\/www.kasko.io\/\">Kasko<\/a><\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>Yes*<\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong><a href=\"https:\/\/www.majesco.com\/\">Majesco<\/a><\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>Yes<\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong><a href=\"https:\/\/protosure.io\/\">Protosure<\/a><\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>&#8211;<\/p>\n<\/th>\n<\/tr>\n<tr>\n<th style=\"width: 22.9399%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"101\">\n<p><strong><a href=\"https:\/\/www.unqork.com\/solutions\/insurance\/pc-insurance\">Unqork<\/a><\/strong><\/p>\n<\/th>\n<th style=\"width: 13.363%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"62\">\n<p>Yes<\/p>\n<\/th>\n<th style=\"width: 21.3808%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"96\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 22.4944%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"100\">\n<p>&#8211;<\/p>\n<\/th>\n<th style=\"width: 100.8%; text-align: center; vertical-align: middle; border-style: solid;\" width=\"95\">\n<p>Yes<\/p>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><i><span data-contrast=\"none\">The table is based on competitor website research only.<\/span><\/i><span data-contrast=\"none\">\u00a0<\/span><i><span data-contrast=\"none\">We do not wish to make arguments which are \u201ctrue\u201d no-code and which are low-code platforms. For this overview, all selected companies provide rapidly implementable and modular API-driven software.<\/span><\/i><span data-contrast=\"none\">\u00a0\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"none\">*<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/f\/first-notice-loss-fnol.asp\"><i><span data-contrast=\"none\">FNOL<\/span><\/i><\/a><i><span data-contrast=\"none\"> and claim reporting only.\u00a0Platforms with full\u00a0cycle claims workflow management are labelled \u201cyes\u201d, \u201c-\u201d stands for no information.<\/span><\/i><\/p>\n<p style=\"text-align: justify;\">\n<span data-contrast=\"none\">Not\u00a0all\u00a0insurance software\u00a0providers offer the same functionality and may\u00a0<\/span><b><span data-contrast=\"none\">not fully cover your business needs. So, make sure you read our blog post on<\/span><\/b><b><span data-contrast=\"none\">\u00a0<\/span><\/b><a href=\"https:\/\/insly.com\/blog\/how-to-choose-insurance-software-an-8-step-guide-for-mgas\/\"><b><span data-contrast=\"none\">useful tips to consider when buying software for your MGA<\/span><\/b><\/a><b><span data-contrast=\"none\">.<\/span><\/b><span data-contrast=\"none\">\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">We want to keep updating this list as\u00a0insurance software providers bring\u00a0more exciting solutions\u00a0to the market. If you know any insurance software provider that should be added to the list, please\u00a0<\/span><span data-contrast=\"none\">let us know<\/span><span data-contrast=\"none\">.\u00a0\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">If your company is included, but we have not mentioned a certain functionality category, drop us a line.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<div class=\"buttons-container\" style=\"text-align: center;\"><a class=\"btn light-green-border medium radius animated animation-delay-1 book-a-demo, popmake-10953\" href=\"#\">Book a demo<\/a><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insurance Software Providers Deliver Different Functionalities\u00a0\u00a0 As we have previously written,\u00a0no-code and low-code solutions\u00a0are making their way in insurance\u00a0to\u00a0help\u00a0Underwriters rapidly launch new insurance products, adapt to changing market conditions,\u00a0and provide flexibility in connecting to other IT systems.\u00a0\u00a0 Since the no-code and low-code approach has not become the industry standard yet, good solutions might be hard [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":11301,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[78],"tags":[193,256,280],"class_list":["post-11268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mga","tag-insurance","tag-insurance-mga-software","tag-underwriters"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - 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