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What is TIS?

A comprehensive insurance software solution designed specifically for firms that handle both personal and commercial lines of business. The system's individual modules operate on a shared database and a centralized set of business rules for effective data oversight. It provides a multitude of core functions critical to the insurance sector, such as managing client accounts, overseeing underwriting processes, creating policies and endorsements, processing claims, and managing co-insurance and reinsurance activities. Furthermore, it offers capabilities for billing, payment collection, cash management, as well as agency and commission tracking, production workflows, and detailed management reporting—all within a flexible platform that accommodates multiple companies, currencies, and languages. In addition, the software includes features for reinsurance accounting, automated underwriting systems, an Insurance Products Generator, and a rating tool designed to enhance operational efficiency. This powerful software not only simplifies policy administration and agent commission management, but it also plays a crucial role in the ongoing evolution of insurance operations. With its extensive functionalities, the platform ensures that insurance providers can efficiently adapt to the changing landscape of the industry.

What is MGA Systems?

Vertafore's MGA Systems is a specialized policy administration platform designed specifically for Managing General Agents (MGAs) and program administrators, facilitating the rapid introduction of new products and business lines. This comprehensive system integrates policy administration, accounting, and claims management, supported by event-driven workflows that enhance operational efficiency. Utilizing an agile development approach, it allows for the swift implementation of customized features and offers open APIs to ensure smooth integration with other systems. The platform is particularly adept at addressing the intricate needs of specialized risk management, various distribution models, and third-party integrations. Moreover, MGA Systems is distinguished by its ability to provide sophisticated and tailored reporting capabilities. By streamlining workflows through MGA processes and integrating with rating tools like NetRate, users can effectively manage tasks such as rating, quoting, binding, invoicing, and policy issuance. As a result, this system not only boosts operational efficiency but also equips MGAs to rapidly adapt to changing market demands while delivering exceptional service to their clients. With its focus on flexibility and customization, MGA Systems positions itself as a vital asset for MGAs striving for success in a competitive landscape.

Media

Media

Integrations Supported

NetRate Commercial Lines Rating

Integrations Supported

NetRate Commercial Lines Rating

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Comtec Global

Company Website

www.comtecglobal.com/tis

Company Facts

Organization Name

Vertafore

Date Founded

1969

Company Location

United States

Company Website

www.vertafore.com/products/policy-administration-system/mga-systems

Categories and Features

Insurance Agency

Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

Categories and Features

Insurance Policy

Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Policy Processing
Quotes / Estimates
Rating Engine
Reinstatement Tracking
Reinsurance Administration
Renewal Management
Underwriting Management

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