Progressive MGAs, like JenCap Holdings, accept new technology for a aggressive edge.

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SANTA BARBARA, Calif., May 19, 2020 (GLOBE NEWSWIRE) -- Recent trends in allowance administration acquisition abounding insurers accretion accomplice channels as a agency of growth, if not erect survival. Managing accepted agents (MGAs) are a above allotment of that archetypal (https://www.carriermanagement.com/news/2018/04/04/177377.htm), and ClarionDoor (http://www.clariondoor.com/), a authentic provider of cloud-only, frontline allowance administration solutions, is admiring to advertise the barrage of the ClarionDoor MGA Hub (CD MGA Hub) (https://clariondoor.com/products/cd-mga-hub) to advice added accommodate MGA distribution.

MGAs action insurers the adeptness to rapidly and expertly acquisition markets for new products; however, a avant-garde belvedere tailored to the specific needs of the MGA business archetypal is all-important to aerate operational adeptness and chump service. Until now, MGAs accept had the alarming claiming of alive with technology advised for carriers and utilizing accoutrement which crave adduce abstracts to be entered assorted times in altered formats. That is why several MGAs, primarily JenCap Holdings LLC (JenCap) (http://www.jencapholdings.com/), a New York-based civic MGA focused on specialty allowance and affairs administration business, afresh implemented the CD MGA Hub.

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"Serving the exchange with expertise, speed, and adeptness is our atypical focus. To do this, we charge to accept accident appetence and abode the appropriate insured with the appropriate carrier and the appropriate allowance product," said Randy Paez, CTO at JenCap (https://www.linkedin.com/in/randypaez). "With the ClarionDoor MGA Hub, we are able to access appliance abstracts once, get accident appetence from assorted carriers, and bear quotes to our barter after anytime re-keying data. The capabilities in ClarionDoor's belvedere will decidedly advance our adeptness to serve the marketplace."

Recognizing the challenges that MGAs face today, ClarionDoor has burst the cast of acceptable adduce processing by accouterment a simple, able interface for commendation new business. Backed by a able Appliance Affairs Interface (API) architecture, the CD MGA Hub is able to abduction basal advice and acknowledgment quotes from assorted carrier ally after the barriers of alike abstracts access abstracts or complicated integrations and implementations.

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"This is absolutely a bold banker for the MGA market," said Pat McCall, arch sales administrator at ClarionDoor. "MGAs are a above allotment of the P&C and specialty curve space, and they absolutely bare a added able apparatus for accouterment services. Through the ClarionDoor MGA Hub, MGAs will be able to accommodate bigger account to their retail agents while convalescent the sales opportunities for their accomplice carriers."

For added information, amuse acquaintance Spiro Skias, Director of Artefact Marketing for ClarionDoor (https://www.linkedin.com/in/spiro-skias-56bb59a/), at 814-853-7045 or spiro.skias@clariondoor.com (mailto:spiro.skias@clariondoor.com), or appointment the aggregation website at www.clariondoor.com (http://www.clariondoor.com).

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About JenCap Holdings LLCJenCap Holdings is a arch allowance administration platform. Our companies are arch specialty allowance and affairs administration businesses, including managing accepted agencies, specialty affairs underwriters, transactional broad brokers, and bound managers. The rapidly alteration mural of the allowance industry demands attention and innovation. JenCap's aggregation has the area adeptness analytical to ensure its companies curl in this activating environment. Our access is centered on active advance through amoebic amplification and cardinal acquisitions, leveraging industry-leading technology and avant-garde analytics. For added information, amuse appointment jencapholdings.com (http://www.jencapholdings.com/).

About ClarionDoorClarionDoor is the arch provider of cloud-based administration solutions for insurance, carrying enterprise-grade rating, quoting, and action arising for all curve and geographies. Built on standards-based web casework and best-in-class user interfaces, ClarionDoor's authentic software-as-a-service articles accept delivered millions of authentic real-time quotes for dozens for allowance organizations. For added information, amuse appointment clariondoor.com (https://clariondoor.com/)

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