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Improving clients’ effectiveness and efficiency in underwriting and distributing their products

The deal further expands Insurity’s cloud-based core systems offerings for the managing general agent (MGA) and broker markets.

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  • Software

JEGI LEONIS has advised Virtual MGA on their sale to Insurity, a portfolio company of GI Partners.

With offices in Austin and London, Virtual MGA is focused solely on improving our clients’ effectiveness and efficiency in underwriting and distributing their products. The Virtual MGA platform is targeted at MGAs, Lloyd’s brokers, and Lloyd’s syndicates that operate in the contract binding authority specialty market. Virtual MGA excels at simplifying the underwriting process and providing the tools to underwrite, distribute, and actively manage the entire placement process.

Virtual MGA’s tailored MGA rating, underwriting, and policy issuance solution combined with Insurity’s market-leading analytics, billing, and claims solutions will enable brokers and MGAs to expand their capabilities and services across the entire policy lifecycle with an integrated, end-to-end digital platform for all P&C standard and specialty insurance lines of business. By offering both the Virtual MGA and Epic-Premier solutions within a single portfolio, Insurity can address all aspects of an MGA’s front-office and back-office.

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