for MGAs and Insurers

Manage All Channels

As an MGA or insurer, you can use ParaCode to define data capture forms for each product, for all channels – your own service desk, each broker, introducer and web portal. You can control rating, loadings and discounts, commission, referral conditions and document generation for each channel.

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Streamlined Control

The marketplace control panel allows you to define your company and product profiles in the marketplace. Once published, you have full control over your product’s appearance in the marketplace or you can opt to keep a product private for internal use only, or extend product access directly to just one or a few select brokers.

No more long delays or supplier charges for platform updates

Leaving you free to innovate and trade as you wish.

Maintain Complete Control Over Your Products Post-Trade

Once you are trading with your brokers, you retain control over all aspects of the product and can change data capture forms, rating or document generation at any time.

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Flexible Quoting and Underwriting Processes

You can allow brokers to complete forms and receive a quote immediately or you can set referral conditions so that underwriting can happen in-flight, and a quote is sent once underwwriters are satisfied. ParaCode includes notifications between parties to ensure that everything happy efficiently on-platform. Brokers can also conduct MTAs and renewals if you allow this.

Immediate Data Access

Unlike traditional etrade systems, ParaCode gives you immediate access to customer, quote and policy data as soon as the broker submits a quote request or incepts a policy or MTA. And there are no more per-policy EDI fees!

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The launch of the masterplan binder on ParaCode has been a huge time saver for the department.
Because the system is user-friendly, training team members has also been an easy process

Kate Horne

Policy Administrator - KBIS

ParaCode is making a massive difference. I have managed to do half a month of renewals on my own in two days.
This was unheard of on the old system. We built an entire product in less than a day.

Keith Lovett

Managing Director & Yacht Manager - Stoneways Marine

ParaCode has been a game-changer.
I have said that multiple times and I will say it again.

Brendan Ryan

Equine Underwriting Manager - The Underwriting Exchange (Ireland)

Paracode Brokers

ParaCode Marketplace for Brokers

Find and transact the products your customers are asking for – commercial, personal or niche

For the first time ever, you can have complete direct access to etrade all of your products with the entire broker market, from a single well-organised control panel.

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