An innovative MGA specializing in commercial trucking insurance was struggling with inefficient quoting processes across multiple carriers. Their team spent up to 45 minutes per quote gathering rates from different providers, manually entering the same data into various systems, and compiling comparison sheets for agents. This time-consuming process limited their growth potential and created opportunities for data entry errors. They needed a solution that could streamline multi-carrier quoting while maintaining the unique underwriting requirements of each insurance provider they represented.
Industry: Commercial Trucking Insurance
Size: Growing MGA
Market Presence: Regional
Written Premium: $25 million annually
States Served: 17 states
Commercial Auto Liability
Physical Damage
Motor Truck Cargo
General Liability
Workers' Compensation
Non-Trucking Liability
Commercial Umbrella
Detailed exploration of the MGA's struggle with multi-carrier quoting, including:
A Mercury Platform Implementation that included:
The transformation of this commercial trucking MGA demonstrates the tremendous impact of streamlined multi-carrier quoting on operational efficiency and business growth. By implementing Mercury's real-time rating engine, the MGA slashed quote generation time from 45 minutes to mere seconds, virtually eliminated data entry errors, and provided agents with superior service through instant carrier comparisons. This dramatic improvement in efficiency allowed the team to handle significantly more submissions, resulting in substantial premium growth without additional staff. The success of this implementation shows how technology can transform a core MGA challenge into a competitive advantage that benefits the MGA, their carrier partners, and the agents they serve.
The Mercury Policy and Claims Platform provides a comprehensive, end-to-end solution designed specifically for the insurance industry. With flexible architecture and modular design, Mercury adapts seamlessly to the unique requirements of MGAs representing multiple carriers. The platform offers a zero-cost SaaS license with unlimited users, states, and premium volumes, making enterprise-level technology accessible to MGAs of all sizes. Mercury's intuitive interface combines powerful real-time rating capabilities, carrier-specific underwriting rules, and customizable workflows to streamline every aspect of multi-carrier quoting and binding. Built by a team with deep insurance industry expertise, Mercury understands the challenges MGAs face when working with multiple carriers and delivers solutions that address real-world challenges while enabling MGAs to maximize efficiency and provide superior service to their agents and policyholders.
