NEC Specialty (NECS), an impartial managing basic company (MGA), has carried out the Skilled Insured Coverage Administration platform, a system designed for MGAs and wholesale insurance coverage distributors.
The transition follows NECS’ separation from its former mother or father firm, Northeast Coverages, which was acquired by Acrisure in 2023.
NECS continues to function independently.
The Skilled Insured platform consolidates coverage administration, workflow coordination, dealer relationship administration, buyer relationship administration and accounting right into a single system.
Its adoption is meant to assist environment friendly submission dealing with, cut back guide processing and enhance response instances to brokers, whereas sustaining underwriting oversight.
NECS acknowledged that the brand new system supplies transparency round submission and quote processes, in addition to improved coordination throughout inside groups.
NECS president Robert Mangi mentioned: “We spent months evaluating practically each platform in the marketplace. Skilled Insured was the one one that actually understood how MGAs function and what we have to succeed. We’re excited to be reside on a system that displays our imaginative and prescient for the longer term – quicker, smarter and constructed for the way in which enterprise actually works.”
Skilled Insured CEO Spencer McDonald acknowledged: “We’re thrilled to have NECS be a part of the Skilled Insured platform. We now have constructed a system for the following era of MGAs – designed to satisfy the pace and complexity of at this time’s market whereas supporting the distinctive workflows and wishes of each group.”
