ClarionDoor, a provider of cloud-only, frontline insurance distribution solutions, has announced the launch of the ClarionDoor MGA Hub, in an effort to revolutionise MGA distribution.
While offering insurers the ability to rapidly and expertly find markets for new products, ClarionDoor says MGAs have had the daunting challenge of working with technology designed for carriers and utilising tools that require quote data to be entered multiple times in different formats.
ClarionDoor believes its MGA Hub breaks the mold of traditional quote processing by providing a simple, efficient interface for quoting new business.
The MGA Hub is backed by a Application Program Interface architecture and is reportedly able to capture minimal information and return quotes from various carrier partners without the barriers of duplicate data entry data or complicated integrations and implementations.
“With the ClarionDoor MGA Hub, we are able to enter application data once, get risk appetite from multiple carriers, and deliver quotes to our customers without ever re-keying data,” said Randy Paez, Chief Technology Officer at JenCap, a company which has recently implemented the product.
“The capabilities in ClarionDoor’s platform will significantly improve our ability to serve the marketplace.”
“This is really a game changer for the MGA market,” added Pat McCall, chief sales officer at ClarionDoor.
“MGAs are a major part of the P&C and specialty lines space, and they really needed a more efficient tool for providing services. Through the ClarionDoor MGA Hub, MGAs will be able to provide better service to their retail agents while improving the sales opportunities for their partner carriers.”