London Marketing MGA

Speciality Quote & Buy solution for MGA, Vessel Protect

Vessel Protect is a London Market MGA specialising in Marine War risks and K&R (Piracy). Backed by leading Lloyd’s syndicates, they offer automatic capacity of USD 150m plus War P&I up to Hull values.

Speciality Quote & Buy solution for MGA, Vessel Protect

The business requirement

Vessel Protect is a digital-first MGA with big growth ambitions and a global outlook. The start-up needed a tech partner that could not only provide a scalable quote & buy for worldwide sales but also the flexibility and depth of capability to support their pipeline of products and innovations including parametric covers.

Insurtechs and MGAs are the most bullish segments when it comes to revenue growth. Both are targeting over 20% growth by 2022, with a big focus on expanding distribution.

Growth & Innovation In Insurance, Pancentric Digital report

 

Go-Insur solution

Chris Goddard, Vessel Protect CEO, and his team assessed a range of MGA digital insurance vendors but Go-Insur was the standout solution offering the optimum mix of frontend design and versatile tech to support their roadmap.

We tried other MGA solutions but Go-Insur proved far more flexible and capable and we liked the partner culture and mindset. We are now live with the platform and growing the business at pace. Pancentric has delivered above and beyond our expectations.

Chris Goddard, CEO, Vessel Protect

Vessel Protect soft-launched Go-Insur in Q4 2021 with a test cohort of brokers.

Initial transactions are focused on Kidnap & Ransom (K&R) and Breaches. 50+ brokers are being onboarded over the rest of 2021 with more to follow in 2022 & beyond.

 

 

Immediate positive impact

Go-Insur's impact has been immediate and positive. No more time-consuming quote production. The Vessel Protect team is now able to generate quotes instantly and handle unlimited demand any time of day. Brokers are delighted and the improved efficiencies are dramatic.

Go-Insur is working really well. Saving me and the team loads of time on K&R.

Thomas Duck, Underwriting Assistant, Vessel Protect

 

Features summary

  • Full Policy lifecycle administration
  • Online quote & buy
  • Auto rating
  • Automated document generation
  • Email notifications
  • Marine-specific 3rd party integrations (e.g. IMO lookup)
  • Management reporting
  • Short and long term policies

 


Request a Go-insur demo

Start unlocking revenues and improving efficiencies like Vessel Protect.

✓ Quote & buy

✓ Retail & wholesale

✓ Full lifecycle features

✓ Policy administration

✓ CRM integration

✓ Powerful reporting

✓ Cyber secure, ISO 2700

 

Book a Go-Insur demo

 

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