KMG and MGA Systems Form a Strategic Partnership to Deliver Services to MGAs, Program Administrators and Carriers
Oct 13, 2022
Monday, October 11, 2021
KMG and MGA Systems
OKEMOS, MI — Key Management Group, Inc. (KMG), a software development company, and MGA Administration Systems, Inc. (MGA), the leader in purpose-built software for the MGA and E&S brokerage industry, announced a strategic partnership today. This partnership is geared toward providing more custom software services and solutions to the MGA market niche.
Streamlining Operations and Driving Profitable Growth
KMG and MGA have each served the industry for more than 20 years and share a vision of delivering products and services that streamline and transform operations while driving profitable growth. With their combined policy administration and rating knowledge, KMG and MGA will work together to present best-of-breed solutions in the MGA niche. Augmented by KMG’s 350+ resource pool of analysts, developers, testers, and project managers, MGA Administration Systems can now tackle larger projects for its customers. And, with MGA’s depth of domain expertise, KMG has more opportunities for providing its services directly to the MGA market. The insurance services and solutions this partnership can provide to the MGA space are only limited by imagination.
Forward-Looking and Leveraging Technology
“We are excited about the opportunity to partner with MGA Systems,” said Rohit Narang, President of KMG. “We have years of experience in helping our customers maintain and migrate their legacy applications, building interfaces to connect disparate applications, and transforming processes and operations for growth. At KMG, we are forward-looking and always leveraging robotic automation, machine learning, artificial intelligence, and other technologies to better equip our customers to provide cutting-edge services. By partnering with MGA Systems, we can more effectively serve the MGAs in achieving their IT & business goals.”
Providing an End-to-End Solution for MGA Customers’ Growth and ROI
According to MGA’s CEO, Paul Areida, “We have partnered with KMG on several projects for our customers We leveraged their insurance-savvy teams of analysts, developers, and testers, working with our staff to ensure the success of the projects.
We see immense opportunities in the MGA Administration Systems space by offering an expanded suite of services, thus enabling MGA customers to access an end-to-end solution for their growth and ROI.”
About KMG
Key Management Group (KMG) is a New York-based software development company with 30-plus years of experience in the property and casualty insurance sector. With a development team of more than 350 resources, KMG aims to provide best-in-class services in consulting, technology, and digital transformation. Since its inception in 1990, KMG has focused on MGAs and mid-sized carriers, delivering high-quality services to all its clients. For additional information, contact kmgus.com.
About MGA Systems, Inc.
MGA Systems, Inc. is a software development company working exclusively in the insurance industry. The company’s management team has more than 20 years of real-world brokerage and MGA Administration Systems experience, which is reflected in the design of its flagship product, the Insurance Management System (IMS), and its ISO-based commercial lines rating solution, NetRate. The development and support teams at MGA Systems are domain experts, working with the latest tools and technologies to deliver custom software solutions tailored to their customers’ needs. For additional information, contact mgasystems.com.
Contact: LuNell Gilliland
517-347-4900 x 118, lgilliland@netrate.com
Contact: Ravendra Singh
631-777-2424 x 227, ravendra.singh@kmgus.com
