Preferred Concepts LLC, a provider of underwriting solutions and specialty brokerage services to insurance agents and brokers nationwide, has selected FirstBest System Inc.’s underwriting management system and agent portal to serve as its online customer platform. FirstBest, a provider of insurance software solutions for commercial lines insurers, managing general agents (MGAs) and managing general underwriters (MGUs), says the initiative will enhance the experience of Preferred’s online customers.
Released in November 2010, Front Office Suite is designed to help transform and grow business and agent and carrier relationships, increase visibility into the business and enable rollout and management of a broader array of programs. FirstBest says carriers, agents and brokers can work more closely with MGUs and MGAs to rapidly submit, quote, evaluate and win business. The Suite’s expanded channel support enables MGUs or MGAs to work within a carrier’s underwriting binding authority and controlled market and risk criteria.
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