As a Digital MGA, why might you be seeking capacity?
You may have come up with a new product, distribution method or underwriting approach and need to test this in order to ascertain market demand or viability. Often, this testing is a prelude to securing seed funding from investors, insurance accelerators or insurers themselves.
You may be an e-commerce expert who really understands electronic distribution, but lacks the product, class and underwriting expertise regarding risk selection, rating and pricing of risks and wordings. In turn, you may be seeking an insurance partner which brings traditional insurance expertise to your distribution channel.
You may be at a stage in the development of your Digital MGA where you are feeling constrained by your relationship with your existing Capacity Partners who operate at a much slower pace than you do. In turn, you are seeking new Capacity Partners who see you has a later stage business rather than an early-stage start-up.
You may be seeking better commission or fee arrangements as you now have a track record and cannot obtain these with existing Capacity Providers.
Capacity Place is an excellent way to source markets for your insurance programs
Your program is relevance-scored against Capacity Providers’ risk appetite to source markets with the best fit.
Share commercially-sensitive documents through our secure repository where you control who has access
Keep track of all interested Capacity Providers in one place from initial enquiry through to conclusion
Reach a broader set of risk carriers including insurers, reinsurers, Lloyd’s underwriters, ILS funds, fronting carriers and more
Expand your prospective markets beyond local contacts with Capacity Providers from across the globe
Comprehensive program listings direct to Capacity Providers generates competitive interest and enables quick decision making
A. Absolutely. It’s one of the main reasons we created capacity place.
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