GMBC
Insurance - Hamburg, Hamburg, Germany
GMBC Details
GMBC is the first provider of a fully-fledged binder management BPO offering for MGA business in Continental Europe. GMBC makes it easy to set up and sustainably run MGAs business. Designed and build by the industry professionals, our data interpretation and transformation technology enables doing MGA business on a data-agnostic basis across different countries and product classes. A key innovation is our fully-automated flow of data, reporting, accounting and cash between MGA, insurer and reinsurer. GMBC provides a sustainable operating model for the key players in the MGA ecosystem: - MGA: we connect MGAs to insurance carriers through its master MGA platform and helps scale the business. We offer the latest technology and extensive know-how to sustainably run the operations of an MGA business while the MGA wins more time to focus on new business production and client service.- Startups: GMBC is a shortcut for InsurTechs, underwriting teams, brokers or alternative channel distributors to set up an own MGA and access insurance capacity. - Insurers: we help both traditional insurers and specialised carriers to build and manage a portfolio of MGA businesses in a tech-savvy and cost-efficient way. We enable a greater scalability and control with a minimum implementation effort.- Reinsurers: we set up a cooperation framework for reinsurers who want to support MGA business, provide real-time management information reporting and performance monitoring.
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