Professional services and technology company, GMBC, has launched a new master MGA platform for the European insurance market that connects underwriting agencies to insurers and reinsurers for non-life business, called Ekkore.
GMBC states that its new, next generation platform enables a modern and efficient collaboration.
Ekkore is designed to improve efficiency and transparency by taking charge of data management, administration, cash, reporting, portfolio performance monitoring, regulatory and compliance.
GMBC says that the platform is the latest step in its mission to inspire a fair, more transparent and efficient marketplace.
Sergey Grazhdankin, co-founder and managing partner of GMBC, said: “Ekkore is a well-thought-out product that addresses an increased interest for the MGA business model we have seen in the market during recent years, both on the insurance capacity demand and supply sides.
“One of the pivotal features is its multi-dimensional character. By reliably tackling the operational complexity, Ekkore serves as a key success factor for any party involved into an MGA project, either an underwriting agency itself, a broker, an insurer or a reinsurer.”
