Many Specialty insurance programs
are created by former brokers, who in collaboration with their carriers, create a unique coverage for a market and bring together
a network of agencies to sell and support it. The result is that the policy processing function moves to the hybrid MGA that
looks very much like an insurance carrier from a data processing point of view.
same technologies already discussed apply with a few exceptions. Where there is rating automation, the number if MGAs in a
quote are far less than the number of carriers. Often there will be the need for additional documentation very much like the
document collaboration model shown in I-WF-03 for large submissions but only not as complex.