| It’s year-end, Do you where your MGA is?
A Managing General Agent (MGA) is a person or firm that has authority to exercise general supervision over the business, or a part of the business, of one or more admitted insurers. An MGA performs administrative functions normally performed by the insurer, including claims administration and payment, marketing administration, agent appointment, premium accounting, premium billing, coverage verification, final underwriting authority and certificate issuance.
Instead of wasting time trying to find your way past the MGA licensing road blocks, let ILSA help you spend your time conducting business with absolutely no worries.
ILSA’s expert MGA licensing service includes:
- Gather all data pertinent to MGA licensing
- Provide you with completed applications so you just sign on the dotted line
- Advise you of states that require examinations.
- Secure bonds, letters of certification, or affidavits if needed
- Submit your applications and all other required documents to the Department of Insurance
- Follow up weekly until the license is issued
- Provide you with 24/7 access to our secure ILSA client gateway to review your status
Questions about Managing General Agent Licensing services? Contact Our Licensing Specialists Chris Aaron ext. 6112 (caaron@ilsainc.com) or Cammecia Johnson ext. 6182 (cjohnson@ilsainc.com) for details.
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