ScienceSoft Global
- Digital transformation consulting for MGAs
- Software consulting
- Technology consulting: AI/ML, big data, blockchain
- IT infrastructure consulting, including cloud consulting
- Project management consulting for MGAs’ internal software initiatives
- QA consulting
- Insurance software product consulting, including SaaS consulting for MGAs developing cloud-based tools
IT Services and Solutions for Managing General Agents
In insurance IT since 2012, ScienceSoft provides full-cycle technology consulting, software engineering, and support services to managing general agents (MGAs). Our clients speed up underwriting, quoting, and binding, streamline bordereaux reporting and carrier communication, strengthen delegated authority controls, and simplify compliance while keeping IT costs predictable.
Custom Software Solutions for Managing General Agents
Below are some of the software solutions ScienceSoft delivers to MGAs and program administrators. Depending on your needs, we can engineer a single module for a particular task or build a multi-functional system that transforms the entire business process.
Core insurance MGA solutions
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Policy administration systems
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Underwriting software
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Exposure and portfolio risk tools
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Claim management solutions
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Insurance product management systems
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Rating and pricing engines
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Delegated authority management tools
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Capacity management software
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Insurance broker and agent portals
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CRM for insurance MGAs
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Insurance accounting software
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Commission management tools
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Compliance management software
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Document and correspondence management tools
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Data analytics and reporting systems
Value-adding components and tools
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AI for underwriting
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AI for claim processing
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AI for policy administration
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AI for compliance control
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AI assistants for insurance employees and customers
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Predictive analytics for insurance
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Insurance fraud detection solutions
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Insurance APIs and connectivity solutions
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Blockchain-based insurance systems
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Smart contracts for insurance
Line-specific solutions for specialist MGAs
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Alternative insurance lines
- Parametric insurance software
- Microinsurance software
- Usage-based insurance software
- Behavior-based insurance software
IT Services for Insurance MGAs
Technology and business consulting
Software engineering
- Full-cycle engineering of insurance software
- Architecture design for core MGA solutions and enterprise software
- LLM and GenAI implementation for insurance
- Proof-of-concept and MVP delivery
- Software integration, including API development
- Testing and QA for MGA solutions under development
- UX and UI design for MGA apps
- DevOps services for ongoing development projects
- Team augmentation (with software engineers, architects, testers, consultants, PMs, etc.)
Software modernization
- Insurance software modernization
- Legacy software integration with modern apps
- Cloud migration services
- Software rearchitecting (e.g., monolith strangling to microservices)
- Code review and refactoring
- Tech stack modernization
- Software evolution with new features
Enterprise data management and analytics
- Data analytics consulting for insurance MGAs
- Data integration: implementing ETL/ELT pipelines, data warehouses, and data lakes
- Business intelligence (BI) services
- Data visualization
- Big data implementation
- Master data management (MDM) and data governance
- Data quality assurance
Managed IT services
Security and compliance services
- Cybersecurity consulting
- Compliance consulting: delegated authority governance, state insurance regulations (NAIC-based), data protection requirements (GLBA, NYDFS, GDPR), SOC 1/2 readiness, insurance-line-specific compliance (HIPAA for health MGAs), and more
- IT security audit
- Security testing
- Application security and network protection: implementing SIEM, IAM, UEBA, firewalls, and more
- Compliance assessment
- Managed security services
Our Insurance Clients Say
Partnering with ScienceSoft has been an excellent experience. They identified and fixed several longstanding issues that had been causing persistent difficulties. Their communication was exemplary; we never had to chase them for updates, and they were always prompt in responding to our queries.
Damien Sewell
Head of IT Projects
Engaging ScienceSoft this way saved us a lot of precious time and resources. Their quick buy-in and readiness to take the initiative made the project faster and less stressful for everyone involved, from Capital IM’s insurance specialists to leadership. We couldn’t have asked for a better IT partner.
What stood out was ScienceSoft's proactive suggestions for cost-saving architecture design and tech stack solutions. Their input ensured we stayed within budget without compromising on software quality. The value we derived from partnering with ScienceSoft is definitely worth the investment.
