The Case for Automated Rating for MGAs
Managing general agents perform important and specialized work for the insurance industry. If you’re a managing general agent yourself, you know how crucial your work is for your insurer. You perform many tasks for them such as appointing retail agents and binding coverage. You also play a big role in underwriting. You concern yourself with many types of coverage including professional liability and personal lines of business. A good rating system is crucial to being a successful managing general agent….