MGA committed to innovation

read more: Five Star MGA 2022

GroupAssur isn’t making technological changes for fun. The company does everything for the benefit of its affiliated brokers. In January, MGA announced it had selected Guidewire to power its policy management, underwriting, customer data, ratings, reinsurance, claims, claims, and enterprise-wide data management and analytics.

read more: GroupAssur, SGI Canada Accelerates Transformation

GroupAssur President Jean-Francois said: Raymond. “We chose Guidewire because the benefits are huge and allow brokers to mimic his relationships with insurers in the MGA space.”

read more: GroupAssur Combines Business with Evolution Insurance

But beyond the add-on capabilities of technology, GroupAssur also looks to growth and further development to complement its digital transformation.

Earlier last year, GroupAssur merged its business with Evolution Insurance, another MGA that specializes in complex risks. And in 2020, GroupAssur struck a deal with Novacap for Novacap to acquire a majority stake in the former. According to Raymond, these two deals are a stepping stone toward the company’s goal of becoming “the best his MGA platform in Canada.”

read more: Five Star MGA 2022