This post is part of a series sponsored by Expert Insured.

In the fast-paced world of insurance, the ability to swiftly launch new programs can be a game-changer for MGAs and wholesalers. Expert Insured, a robust platform developed by Selectsys Tech, has been serving the insurance industry for over 15 years, with a recent complete refactor into .NET Core to enhance scalability and configurability. With XL Rating, seamless API integrations, and compatibility with ISO raters like NetRate, Expert Insured allows MGAs to deliver new programs to market efficiently and accurately.

Built on Industry Expertise

The team behind Expert Insured brings over two decades of experience working with MGAs and wholesalers. The product itself has evolved over 15 years, continuously refined based on real-world use by over a dozen MGAs and wholesalers. The recent rewrite in .NET Core underscores Selectsys Tech’s commitment to innovation and performance, providing MGAs a highly scalable, configurable platform that supports rapid program launches.

XL Rating: Customized for Flexibility and Precision

Expert Insured’s XL Rating tool empowers MGAs to develop flexible rating models that cater to specific underwriting needs. Designed with configurability in mind, XL Rating allows MGAs to adapt their rates as needed for new programs, helping them quickly enter niche markets while maintaining compliance. The integration of .NET Core technology ensures that these configurations are easily adjustable, stable, and capable of handling high traffic and diverse data requirements.

API Integrations for Real-Time Data Exchange

Modern insurance operations require seamless, real-time data sharing with carriers and partners. Expert Insured’s API integrations provide a smooth connection to external systems, enabling MGAs to produce accurate quotes, update policy details, and manage underwriting information efficiently. This connectivity drastically reduces time-to-market, allowing new programs to be deployed without the delays associated with manual data entry.

ISO Rater Compatibility: Accuracy and Compliance with NetRate

One of the standout features of Expert Insured is its integration with third-party ISO raters like NetRate. This compatibility allows MGAs to apply standardized rating models, ensuring accuracy and compliance while minimizing administrative tasks. With the powerful .NET Core framework supporting these integrations, MGAs can confidently expand their offerings, knowing that the platform will perform reliably at scale.

Conclusion

Expert Insured’s robust combination of XL Rating, API integration, and ISO rater compatibility with NetRate gives MGAs the agility to launch new programs swiftly and with precision. Backed by decades of experience in the MGA space and cutting-edge .NET Core technology, Expert Insured provides an adaptable, scalable solution that drives growth and competitive advantage.