MGA Services

Typhon Risk offers a comprehensive array of services for Managing General Agents (MGAs) at any stage—from ideation to maturity. With decades of experience serving niche markets, unusual lines of coverage, and underserved risks, our consultants help MGAs execute precise strategies, overcome operational and regulatory hurdles, and mitigate exposures to enhance underwriting profit and efficiency. We specialize in product launches and aim to lower your combined ratio by refining rating strategies and effectively managing claims. Our expertise can help you improve profitability and achieve operational excellence.​

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• Pairing with Capacity

  • Our team helps connect MGAs with dependable carriers and strategic reinsurance partners. Leveraging strong relationships with both innovative insurers and reinsurers, we can introduce you to capacity providers who can enhance your portfolio, address specific needs, and fuel your growth. Whether in the initial assessment, capacity placement, or renewal strategies, we stand by you at every stage, offering clear insights and practical solutions.

• Benefits of Fractional Staff

  • Fractional staff allows an MGA to reap the benefits of hiring expensive industry experts while maintaining lower operational costs. MGAs should exercise caution when hiring for key roles, as founders may find that bringing on full-time employees for every role would burn precious runway. Hiring a fractional executive, on the other hand, yields immediate financial benefits by significantly lower compensation costs while having zero impact on an MGA’s cap table.

• Fractional Head of Claims

  • Our Fractional Head of Claims can streamline your MGA’s entire claims processing organization. We help reduce and eliminate your aging inventory, identify subrogation and salvage opportunities, and keep the MGA’s combined ratio low. We emphasize oversight over any TPA to keep them focused and honest. We seek to infuse lasting value in your claims organization by improving and enforcing best claims practices - at all levels - from the executive down to the adjuster level. Focusing on both quantitative and qualitative solutions, our fractional Head of Claims equips claims adjusters with the right tools and processes to handle more claims efficiently, effectively, and confidently.​

• Fractional Head of Claims

  • Our Fractional Head of Operations can review and audit claims for quality and reserves, billing guidelines, and customer service. We work with executives, managers, and staff to triage administrative pitfalls and minimize your expense ratio - all while ensuring that the MGA is in compliance with the MGA Model Act developed by the National Association of Insurance Commissioners (NAIC).​​

• Vendor Management and Negotations​
  • We develop the selection criteria, perform due diligence, and negotiate the terms of contracts with parties such as fronting carriers, actuaries, TPAs, claims management platforms, policy administration systems, and attorneys. We can also aid in third-party onboarding and integration to ensure maximum value derived from your investment with minimum disruption.​