Blog - May 2025

 🔄 Great insight from InsTech “10 Building Blocks of a Modern MGA”.
At Elevate HQ we were wondering how we stack up - here's our take:

1️⃣ Purpose & Proposition 🌄 – “Elevate the UK specialty insurance.” We design customer-obsessed products that truly work—identifying where insurance can transform lives.

2️⃣ Ready-Made Launch 🚀 – We have partnered with market leading experts like OneAdvent, INSTANDA and 360Globalnet, we can go live < 60 days complete with digital claims and innovative propositions.

3️⃣ Capacity Partners 🤝 – A-rated carriers who share our vision to disrupt legacy products and deliver insurance that work!

4️⃣ Scalable Compliance ✅ – Consumer Duty, customer-outcome checks, metrics and reporting are baked in—no last-minute bolt-ons.
5️⃣ Avoid Bottlenecks 🛠️ – Microservices, event-driven data bus & fortnightly improvement sprints keep us nimble and allows us to deliver for our customers.
6️⃣ Claims at the Core 💼 – We are a full-stack MGA - with Claims as our centrepiece. Our in-house Digital Claims Hub delivers real-time triage, straight-through processing & collaborative workspaces.
7️⃣ Compliance as Enabler 🔒 – Automated regulatory playbooks turn controls into competitive edge.
8️⃣ Go Beyond Borders 🌍 – UK, CI, IoM & NI live now; a modular product roadmap readies us for global expansion - after we have conquered the UK!
9️⃣ Smarter Risk Management 📊 – Industry-first granular-level dataset powers predictive analytics, precise reserving & appetite calibration to drive sustainable results.

🔟 Expand Intelligently ⚡ – No-code product builder + partner-ready APIs = rapid piloting, iteration improvement of products and services with our distribution partners.