Launched in 2016, ibroker was developed in conjunction with MGA partners to ensure that it delivers a complete solution that meets the specific needs of MGAs.
Since then we have seen remarkable results. With little or no increase in their own staff costs we have seen all of our clients enjoy significant growth.
A recent client has achieved year on year new business growth over 47% with no change in staff costs at all. At the same time, we have reduced their quote turnaround time from 24 hours to minutes boosting broker satisfaction levels and widening their active broker base.
We also have seen a client achieve nearly a 5x increase in 3 years trading on the system. The time savings created have enabled clients to increase business without increasing costs.
The ibroker team has an unrivalled wealth of expertise and experience in IT and the insurance industry. We were created to service the MGA market and as such we have gained a real in-depth understanding of the complexities within the Underwriting marketplace. Every MGA is different and we welcome that diversity as the core rating engine and Question sets within ibroker are customised in every instance to meet your own needs.
Whether you are a new or existing MGA, ibroker will help you to grow your revenues.