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Virtual MGA

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Virtual MGA specializes in facilitating the distribution of insurance products between managing general agents (MGA’s) and their retail trading partners, primarily in the excess and surplus lines market. The company has created a web-based trading platform for managing general agencies (MGA) to distribute their insurance products over the Internet so that they can interact more efficiently with retail trading partners. The transaction platform can provide all the functionality required to complete an insurance placement: rate, quote, request to bind, bind, policy issuance, endorsement processing, certificate management, bordereaux production and in some cases surplus lines filings.

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