Accelerating Policy Issuance: How Expert Insured Gets MGAs and Wholesalers Ready to Go Live in Days
Introduction
In the fast-paced insurance landscape, time is critical. For MGAs and wholesalers, delays in policy issuance can mean missed opportunities and increased costs. Built on over 15 years of real-world industry use and recently refactored by Selectsys Tech’s expert team in .NET Core, Expert Insured redefines efficiency in policy issuance. This evolved, scalable platform is designed for rapid deployment, allowing MGAs and wholesalers to go live in days—not weeks. With preconfigured forms for all lines of business (LOB) by state and a flexible drag-and-drop feature for customizations, Expert Insured simplifies and accelerates the entire setup process.
A System Evolved Through Industry Experience
Expert Insured is the result of continuous improvement and refinement over 15 years of active use by a dozen MGAs and wholesalers. Selectsys Tech, with over 20 years of experience in the MGA and wholesaler space, has re-engineered the platform in .NET Core to optimize performance, configurability, and security. This refactor has made the policy issuance system more responsive and adaptable, supporting scalability and incorporating features like multi-factor authentication and single sign-on (SSO) for enhanced security. This evolution underscores Selectsys Tech’s commitment to providing MGAs with a robust, future-proof solution.
Why Quick Policy Issuance Matters
Traditional policy issuance systems are often cumbersome, requiring extensive configuration that can delay deployment for weeks or even months. Expert Insured changes the game by drastically reducing setup time, allowing MGAs and wholesalers to deploy a fully operational policy issuance system in days. This accelerated deployment provides a faster return on investment, lowers onboarding costs, and helps MGAs stay competitive by meeting client demands swiftly.
Preconfigured Forms and Flexible Customization
Expert Insured’s policy issuance module includes a library of preconfigured forms for all LOBs across each state, saving time and ensuring compliance with state regulations. For further customization, the platform offers an intuitive drag-and-drop feature, allowing users to add or modify forms effortlessly. This flexibility enables MGAs to adapt quickly to new market requirements or regulatory changes, ensuring they remain agile and responsive to industry shifts.
Enhanced Efficiency Without Compromising Accuracy
Expert Insured’s policy issuance system is built to handle high volumes with both speed and precision. By automating repetitive tasks, the platform minimizes manual input, reducing errors and ensuring accuracy. Designed with the Multi-Carrier Distribution Model in mind, Expert Insured also seamlessly integrates with carrier systems, enabling MGAs and wholesalers to issue policies across multiple lines with confidence and efficiency.
Expert Insight: Selectsys Tech’s Role in Redesigning the Platform
Selectsys Tech’s team, with over 20 years of experience in MGA operations, played a pivotal role in the evolution of Expert Insured. The recent re-engineering of the platform in .NET Core focused on scalability and configurability, making policy issuance a more seamless and adaptable process. Selectsys Tech’s commitment to innovation and deep industry knowledge have made Expert Insured a versatile, reliable system that meets the demands of modern MGAs.
Conclusion
For MGAs and wholesalers, the ability to quickly deploy a comprehensive, adaptable policy issuance system is a true competitive advantage. Expert Insured’s combination of preconfigured forms, user-friendly drag-and-drop customization, and rapid deployment capability provide the tools necessary to accelerate operations. Experience the transformative efficiency of a streamlined policy issuance process with Expert Insured—schedule a demo today to see how it can propel your business forward.
