We recently had the chance to present a real-life use case involving a cyber insurance managing general agent (MGA) with two binders. While it was a fantastic business opportunity for our client, it came with significant operational challenges, requiring three countries, multiple entities, and two currencies.
Complex and extensive datasets needed to flow seamlessly from underwriting to claims and cash collection without any media breaches. SID provided the perfect solution, allowing the client to focus on growing their business instead of managing operational complexities.
At ITC DIA Europe, we demonstrated how SID can be used to solve complex operational challenges for carriers and MGAs, enabling them to underwrite commercial business across multiple countries and handle various currencies.
Want to see SID in action? Here’s an example of how a quote is handled across the workbench
