Business Details
25 Years
experience
Insurance Technology Solutions Maitland FL
Midwest Insurance Service has been a tech-enabled service provider for the property and casualty insurance industry since 2001. Our specialized software solutions and expert teams streamline back-office operations for carriers, agents, MGAs, brokers, captives, and program administrators with a focus on workers' compensation insurance. We combine regulatory compliance expertise with cutting-edge technology to deliver end-to-end policy administration systems. Our customizable web applications ensure rapid implementation of rate, rule, and form compliance solutions across all states. With decades of experience in insurance software development, we maintain an average quote time of under three minutes and 40%+ quote-to-bind conversion rates.Our GenEx reporting tool automates NCCI and ISO compliance submissions while reducing manual data entry errors. We support over 78,000 policy transactions annually through our Maitland, Florida headquarters. Our tech infrastructure enables clients to achieve scale-based cost advantages while maintaining 98% NCCI scorecard performance. We specialize in business process outsourcing (BPO) and business technology outsourcing (BTO) services that integrate with carriers' existing workflows. Our clients benefit from white-label solutions that maintain brand continuity while enhancing operational efficiency.
Services
Policy Administration
Regulatory Compliance
Data Reporting
Software Solutions
Accounting Services
Underwriting Support
Bureau Reporting
Rating Systems
Program Implementation
Claims Data Management
Details
- Year established: 2001
Highlights and features
- Tech-enabled solutions with 23 years of insurance industry expertise
- Customizable web applications for workers' compensation and P&C lines
- 98% NCCI scorecard performance with automated compliance reporting
- 24-hour implementation of rating rule updates
- White-label solutions maintaining brand continuity for clients
What people say
Great partners
Responsive and collaborative
Breath of fresh air
Quote times under three minutes
40% quote-to-bind conversion
Services
Policy Administration
Our comprehensive policy administration system streamlines the full insurance policy lifecycle from underwriting to renewal. Customizable web applications enable clients to rate, quote, bind, and issue policies with automated compliance features. The system integrates with billing platforms for on-demand policy issuance while maintaining 40%+ quote-to-bind conversion rates across all states and coverage lines.
Regulatory Compliance
Specialized regulatory compliance solutions ensure adherence to NCCI, ISO, and state-specific requirements. Our GenEx reporting tool automates statistical reporting processes while correcting data anomalies. With 98% NCCI scorecard performance, we provide real-time compliance monitoring and rapid implementation of rating rule updates within 24 hours of bureau changes.
Data Reporting
Advanced data reporting capabilities generate accurate statistical submissions for bureau requirements. Our GenEx system automates claim data aggregation with policy information, eliminating manual entry through batch file processing. The solution includes automatic error correction and TPA quality evaluation features to ensure 100% accurate reporting submissions.
Software Solutions
Customizable software solutions power back-office operations with white-label capabilities. Our platforms support business process outsourcing (BPO) and business technology outsourcing (BTO) models. The tech infrastructure enables rapid implementation of rating systems while maintaining integration with existing carrier workflows and brand continuity for clients.
Underwriting Support
Full policy lifecycle support includes automated underwriting workflows with rating/quote/proposal functionality. Our systems enable rapid policy issuance with three-minute average quote times. Features include endorsement management, cancellation processing, and proof of coverage generation integrated with web-based billing platforms.
Questions
What insurance lines do you support?
We support all property and casualty lines of insurance with specialized focus on workers' compensation expertise.
How does your compliance reporting work?
Our GenEx system automates NCCI and ISO reporting requirements with data validation and error correction features.
Do you offer customizable software solutions?
Yes, we provide white-label, customizable applications that integrate with existing carrier systems and workflows.
What's your implementation timeline?
Our average implementation timeline is under 90 days with 24-hour rule update deployment capabilities.
How do you handle policy lifecycle management?
We offer complete policy lifecycle support including rating, binding, endorsements, cancellations, and renewals.
Where is your headquarters located?
Our main office operates at 158 Lookout Place, Suite 201 Maitland, FL 32751.
Reviews (1)
JoAnn DeHate
Sep 04, 2021
Report
Drove friend to office party and saw her co-workers and boss barbecuing out front. Picked up friend when she called to come back home; much to the delight of her pup, Gizmo.
