Insurance MGA Software

Run a modern MGA on one platform

From binding authority to carrier reporting, Openkoda gives coverholders the full stack - product configuration, underwriting, policy admin, billing and bordereaux - with no vendor lock-in.

Launch programs fast

Stand up new products and programs without a services project.

Keep carriers happy

Automated, carrier-ready bordereaux and reporting.

No lock-in

Own your configuration and data; managed or on-premise.

Delegated authority, fully handled

Launch programs quickly, underwrite within authority, and keep carriers happy with automated reporting.

Capabilities

Customizable platform suited to MGA needs

Launch a program without a build project

Products, rating, forms and the workflow around them are configuration, not a development cycle. You can take a program idea to a carrier and be writing business while a traditional build would still be in specification.

Keep capacity providers close

Premium and claims bordereaux come out of the business you have already written, on each program's cadence and in the format that carrier accepts. Reporting becomes a reason capacity stays with you, instead of a scramble at the end of every month.

Own your programme, not just rent a system

Your products, configuration and book stay yours, and On-Premise runs the platform in your own environment, so they are never trapped inside somebody else's roadmap or pricing. If a carrier demands a particular hosting model, you can meet it.

What's included

Everything you need in one MGA platform

Product & rating configuration

Define coverages, rating factors and data models yourself, with AI assistance drafting the first version from your wordings. Launching new lines becomes configuration, not procurement.

Underwriting within authority

Your binding limits run as underwriting rules at quote time - sums insured, occupancy, territory, referral triggers. Anything outside authority routes to the carrier instead of quietly binding.

Bordereaux reporting

Premium and claims bordereaux generated from live policy data, on each carrier's template and schedule. No monthly export-and-reconcile ritual, no drift between reports and the business you actually wrote.

Commissions

Producer commissions, ceding fees and profit-share tracked against the same policy records. Statements and settlement runs come out of the platform - one less error-prone corner of MGA operations.

Multi-channel distribution

Branded quote forms, broker portals and partner APIs serving the same rated product. Adding a distribution partner means configuring terms, not rebuilding the front end.

Full policy & claims lifecycle

Quote, bind, endorse, renew, notify, settle. A policy administration system and claims management in one, so the whole insurance lifecycle sits on a single data model.

How it works

Up and running, fast

Configure the program

Products, authority and reporting.

Distribute & underwrite

Sell online; rules keep you in authority.

Administer & report

Service the book; report to carriers.

See it in action

Onboard a new binder

An MGA wins a new binder and needs to be live and reporting quickly.

Configure the program

Set up the product, rating, authority limits and bordereaux format.

Distribute & underwrite

Sell through branded forms; rules keep risks within authority.

Report to the carrier

Premium and claims bordereaux generate automatically each period.

Illustrative example built on Openkoda's demo products.

Who it's for

MGA Software Built for Coverholder Teams

Built for Managing General Agents and coverholders scaling across carriers and programs. Underwriting works within delegated authority, operations onboard new binders without an implementation project, and finance settles commissions against the business that produced them.

FAQ

Questions, answered

Can we run multiple programs and carriers?
Yes. Programs, authority, commissions and bordereaux are configured per binder, so each carrier relationship keeps its own rules, rates and reporting cadence. Adding a new program doesn't disturb the ones already writing - you configure it alongside the rest and go live.
Does it produce carrier bordereaux?
Yes - automated premium and claims bordereaux in carrier-ready formats, generated from the business you've already written. Each capacity provider gets their own template on their own schedule, which turns monthly reporting from a scramble into a reason capacity stays with you.
Do we stay in control of our data?
Yes. Your programs, configuration and book are yours to export and keep, and On-Premise runs the platform in your own environment if you'd rather not sit on someone else's cloud. Nothing is trapped inside another company's roadmap, and if a carrier demands a particular hosting model, you can meet it.
Do we keep underwriting within delegated authority?
Yes. Limits and referral triggers are built into the underwriting workflow, so every risk is checked against authority at quote time rather than after the fact. Breaches route to the carrier for referral, and the full audit trail shows who bound what, under which rules.
Can we start small and scale up?
Yes. Start on Business and move to Enterprise when you need multi-organization scale, portals and submission APIs, or to On-Premise for your own environment. The platform is the same on each - the higher plans add operational cover and scale, not missing features.
How fast can we launch a new program?
Products, rating, forms and the workflow around them are configuration rather than a development cycle. In practice that means you can take a program idea to a carrier and be writing business while a traditional build would still be in specification.
How does it compare to stitching together separate MGA systems?
Most MGAs run rating, policy admin, claims and reporting as separate tools with a spreadsheet in the middle. Here the whole insurance lifecycle sits on one data model, so those functions are seamlessly integrated by default - no reconciliation between systems, no duplicate data entry, and a measurable gain in operational efficiency.
Can we build insurance products the platform doesn't ship with?
Yes. Data models, rating logic and forms are all configurable, and where configuration runs out the source is there to extend. Specialty and niche insurance products are usually where off-the-shelf platforms stop and where this approach earns its keep.

See Openkoda in your context

Book a live, personalized demo with our product team - tell us your use case and see the platform work with your data. No commitment.