MGAM Launches Event Insurance Product
London, UK – MGAM Limited (MGAM) the independent underwriting agency which has developed a sophisticated insurance technology solution to provide carriers and brokers with an integrated management system for writing low cost high volume insurance business has today launched MGAM “Events”
MGAM Events is designed as an easy solution for MGAM coverholders and brokers to write all the cover that is normally required by event insurance including employers’ liability, public liability, event equipment, abandonment, cancellation or postponement available as standard with added extensions available including added cover for overseas work and damage to venue.
MGAM Events will be managed by MGAM whose system delivers a fully automated, full cycle service covering new business, renewals, mid-term adjustments and cancellations with full and instant management reporting. The new MGAM Events product can be white labelled and with its levels of automation, provides an easy to use, one-stop solution.
Jason Anthony, CEO of MGAM Limited, said: “As we move into that time of year when events are taking place all over the UK and overseas, we thought it was a great opportunity to launch a product which is specifically designed for busy event management companies, country show organisers, a range of exhibitions, fetes, birthdays, weddings and a whole range of public events organisers who need full insurance cover quickly and effortlessly. Using our automated and online quote and bind system, writing a policy is quick and is also guaranteed to comply with all regulatory needs, and with the added benefit of the instant and automated production of all policy documentation, bordereau and invoicing which brings significant cost savings to coverholders and brokers”