Insureon broadens its scope
Chicago-based insurance agency Insureon formed a new MGA unit called Insureon Underwriting Managers that will operate under its existing wholesale brokerage Insurance Noodle and will look to provide a market for hard-to-place-slash-unique risks that primary carriers typically reject. Speaking of MGAs, MGA software provider Appulate recently announced the release of Appulate 6.0, which supposedly addresses the needs of all stakeholders in the quoting process by offering highly sophisticated submission automation with a much more intuitive and simple user experience than its prior five versions. Bottom Line: retail agents have choices.
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