MGT partners with Amwins

Commercial insurance carrier MGT Insurance announced a partnership with insurance broker Amwins.

The collaboration brings MGT’s “proprietary AI-driven underwriting and pricing platform” to select risks in the Excess & Surplus market.

“Amwins is relentlessly focused on innovation and continuous improvement. This collaboration with MGT, as one of the industry’s leading digital-forward carriers, is a bold step forward. It reflects our commitment to streamlining the small commercial E&S space and investing in AI-enabled platforms that improve outcomes for our retail clients and their insureds.” – Ben Sloop, President and Chief Operating Officer of Amwins.

“This partnership with Amwins demonstrates what’s possible when great insurance fundamentals meet revolutionary technology. Thanks to Amwins’ collaboration, we’re proving that AI can deliver massive ROI while maintaining the underwriting rigor the E&S market demands.” – Graham Topol, Co-Founder and Co-CEO of MGT.

“The E&S opportunity is significant, and it works when we empower the brokers on the front lines. Partnering with Amwins on Lessers’ Risk Only (LRO), our first E&S product, means brokers get fast underwriting decisions for small commercial risks that used to take days or weeks. When you combine the right technology with the right distribution partner, you unlock real value for the market.” – Chad Nitschke, General Manager of MGT Specialty at MGT.