EOX-hibit Weekly: Providing Insights and Perspectives from the Forefront of Technology
Breaking Through Bottlenecks: A Smarter Quoting Workflow
A national MGA specializing in storage tank insurance transformed its slow, manual quoting process with an automated solution from EOX Vantage. Instead of waiting up to three days for submissions to be gathered and validated, brokers now use a streamlined Smart Submission Form that auto-fills missing data and validates information instantly through external APIs.
The results speak for themselves: quote turnaround dropped to just 15 minutes, broker submission capacity jumped 90%, and the MGA saw a 10% increase in bind rates thanks to faster, more accurate quotes. Automation removed manual bottlenecks, improved consistency, and gave the MGA a scalable path for growth.
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