Outsourcing: The Smartest Cost-Saving Move Insurance MGAs and Carriers Can Make

In today’s hyper-competitive insurance landscape, MGAs and carriers know that achieving success isn’t just about cutting costs like switching coffee brands or creating monthly mailers for insureds to sign up for their going paperless initiative—it’s about making intelligent, strategic moves that boost both resilience and efficiency. Approximately 1,500 Insurtechs in the industry make up about 49+ Billion annually and are anticipated to grow to upwards of 66-70 billion within the next five years. ins with an idea.