Artex Risk Solutions’ Post

𝗔𝗿𝘁𝗲𝘅 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 is proud to partner with Artemis.bm for a 𝗟𝗜𝗩𝗘 𝘄𝗲𝗯𝗶𝗻𝗮𝗿: 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝘀 𝗳𝗼𝗿 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝘁𝗼𝗿𝘀 (𝘀𝗶𝗱𝗲𝗰𝗮𝗿𝘀 𝗳𝗼𝗿 𝗠𝗚𝗔𝘀) on 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟭, 𝟮𝟬𝟮𝟰! Artex's, Scott Cobon, along with Raoul Lobo of Stone Point Capital, and Brad Adderley of Appleby, will explore the trending use of alternative sources of risk and reinsurance capital by the originators of insurance risk, such as managing general agents (MGAs). The market has started to make innovative use of ILS structures such as sidecars, to provide aligned mechanisms through which investors can participate in the underwriting performance of MGAs, while those MGAs can benefit from access to an efficient, alternative capital source. 𝗝𝗼𝗶𝗻 𝘂𝘀 𝘁𝗼 𝗱𝗶𝘀𝗰𝗼𝘃𝗲𝗿: ✅ Why alternative and ILS capacity sources can add efficiency to the MGA model? ✅ The benefits of sidecars and other ILS structures for MGAs and risk originators ✅ What does it take to set up a sidecar or third-party capital structure? ✅ The key considerations that need to be addressed, to ensure alignment and operational efficiency? ✅ How to start on this journey and what it’s going to take to make this a core capacity source for an MGA or insurance risk origination business? 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝘁𝗼𝗱𝗮𝘆 𝗮𝘁 𝘁𝗵𝗲 𝗹𝗶𝗻𝗸 𝗯𝗲𝗹𝗼𝘄: ⤵️ https://okt.to/R6xOKL #ArtexCapitalSolutions #InsuranceLinkedSecurities #CapitalSolutions #MGAs #AlternativeCapital

Brokers have endured a particularly tough climate for the past 24-36 months, but according to Michael Keating, MGAs have risen to the challenge, “thriving” by using their speed and flexibility to give brokers fast underwriting decisions.   Insurance Times interviewed Mike about how MGAs support the broker community, and he cited their expertise, access to decision-makers and professionalism as giving them an edge in the market, allowing them to grow their share of broker business.   We’re seeing the MGA community continue to grow and establish its credentials in the market, but what do you think?   Click the link to read the interview in full. #MGA #Insurance #ManagingAgents  https://lnkd.in/eiW8_qPY

🤝 The dance between carriers and MGAs in the insurance sector is a delicate one, each seeking a partner that complements their strategic goals and offerings. It's not just about finding a match; it's about finding the right match. From scrutinizing financials and tech to assessing mutual strategic goals, the journey toward fruitful collaborations is intricate and full of consideration. Here at FiveM Consulting, we explore the nuances of underwriting authority matchmaking, highlighting the importance of mutual trust and careful assessment. Whether you're an MGA looking to make your mark or a carrier eyeing niche markets and specialized programs, remember matchmaking is a two-way street. Discover the key considerations for successful partnerships and why sometimes, looking beyond the surface can reveal a perfect match waiting to happen. 🌟 📖 Read more as Frank Quinn provides insights and advice on navigating these partnerships here. https://lnkd.in/gm5yEY6F #Insurancelndustry #InsureTech #Underwriting #StrategicPertnerships #FiveM

MGA Survey 2024, in association with Managing General Agents’ Association (MGAA): Help Shape the Future Are MGAs the new normal, offering a viable alternative to large #insurers? This year's Insurance Times #MGA Survey dives deep into these questions and more.   - Are MGAs the future for #brokers? Share your experience in the 2024 MGA Survey. - Tech vs. Expertise: Striking the right balance. Tell us what matters most to you. - Building Long-Term Partnerships: What do #MGAs need to do? Your insights shape the future. - Direct Access to #Underwriters: Is it crucial? Help us improve broker-MGA connections. Don't miss out! Take the survey today: https://lnkd.in/g_XpfMex By taking part, you'll directly influence how MGAs operate and contribute to a stronger, more efficient insurance broking landscape. 

Want to know how to survive and thrive in a competitive market? Download the MGA guide to 2024: https://ow.ly/vu3l50QVWaT The key to success for MGAs will be their ability to rapidly adopt innovation while maintaining their hallmark understanding of niche insurance segments and associated relationships. hashtag #MGA hashtag #InsurTech hashtag #WhitePaper hashtag #OrigamiRisk hashtag #WhyOrigami

The rapid expansion of the #MGA industry has attracted many solution providers to the space. Managing general agencies (MGAs) require more cost effective and faster speed to market than traditional #insurers, and vendors are responding appropriately. This Datos Insights report by Eric Weisburg, Martin Higgins, and Steven Kaye profiles 27 core system solutions suitable for MGAs, and is of interest to #insurance, #agency, #brokerage, and MGA senior business executives and IT professionals seeking insights into the #property and #casualty (P/C) MGA core system market landscape.

We're excited today to be launching #Quex, the ultimate generation of property portfolio management solutions. Quex does everything you wish your current EM system would, but doesn't. Since we're underwriters ourselves, we know the pain points. Get in touch with Guillaume Bonnissent or Dmytro Droban for a demo today! #exposuremanagement #insurance #reinsurance #mgas #insurtech

Start-ups and MGAs in the Credit and Surety Insurance: the Digital Leap Forward! Digitalization is transforming the credit and surety insurance markets, while start-ups and MGAs are at the cutting edge of this shift. On September 12, 2024, I'll be moderating an exciting panel at the SCHUMANN Conference, where industry experts from AON and Vault will explore the challenges and breakthroughs for start-ups and innovation in the credit and surety underwriting. If you're interested in start-ups and MGAs, or how technology is redefining our industry, this panel is a must-attend. Gain the insights you need to stay ahead in the digital age! Follow the link in the comments below to register. #SCHUMANNConference #Digitalization #CreditInsurance

"Adopting the combination of OwlSurance Digital Engagement Platform and Rating engine enables us to offer the next-generation real-time digital experiences that are critical to our ongoing competitive success." - Appalachian Underwriters OwlSurance makes possibilities real, and we love to see that take shape for our clients. #Insurance #CaseStudy #DigitalTransformation

See how Appalachian Underwriters, Inc. cut their policy rating and quoting by 85%, from 35 minutes to less than five. In addition, OwlSurance helped them improve their premium pricing competitiveness, delivered a robust digital quoting experience to agents, and boosted agility and scalability. #OwlSurance #Insurers #Innovation