MGA Systems, Inc (NetRate Systems, Inc.)

MGA Systems, Inc (NetRate Systems, Inc.)

3493 Woods Edge Drive
Okemos, MI 48864


Contact: LuNell Gilliland


P (517) 347-4900

Company Description

NetRate Systems, Inc. and MGA Systems, Inc. have merged to bring an integrated insurance platform solution to program administrators. The combined company has gone to market as MGA Systems, Inc., with NetRate's ISO-based rating application and MGA Systems' Insurance Management Systems (IMS) policy administration solution as its product suite. Built specifically for the MGA market, IMS and NetRate have been serving the industry for more than 20 years with deep domain knowledge and real-world brokerage and MGA experience.

MGA Systems offers a uniquely scaled, single provider platform solution to the growing MGA and program administrator market with its complex and dynamic needs. The integrated platform offers clients improved sales efficiencies, increased productivity, and unparalleled integration capabilities with third-party applications.


The flagship product, IMS, is a complete policy administration system, including accounting, workflow, document management, reporting, workflow, policy issuance and claims management. IMS enhances end-to-end insurance processing, reducing time to market, accelerating efficiencies and growth, and increasing productivity. 

Just one of the many benefits that truly sets IMS apart is the agile software development for clients' custom enhancement requests. Getting product to market quickly and accurately for MGA clients is a guiding value of MGA Systems. The IMS team consists of highly skilled, Microsoft-certififed developers, working with the latest tools and technologies. It is this combination of top developers, working directly with experienced insurance industry professionals that results in the leading edge IMS product.


NetRate is a powerful commercial lines ratings solution that can be configured with unique classes and coverage features. With this ISO-based rating solution, customers can quickly and accurately rate, underwrite, quote, bind, issue, endorse, and audit policies. NetRate excels in providing rating countrywide for Commercial Auto, Property, General Liability, Inland Marine, Crime, Workers' Compensation and Cyber Liability lines of business. Strong industry partnerships and integrations with third-party providers ensures seamless workflows and processes for front and back office operations. 

Description of Product or Services you would like to promote in the Association:

MGA Systems delivers an integrated platform solution to MGAs, program administrators, and the E & S Brokerage industry, with Insurance Management Systems (IMS), a full-featured, mature policy administration solution and NetRate, an ISO-based commercial lines rating application.

With its flagship solution, clients enjoy access to leading-edge innovations that deliver highly integrated tools to accelerate efficiency, growth, and deliver the lowest total cost of ownership. IMS is a complete administration system featuring:

  • Integrated accounting
  • Streamlined workflow
  • Document management
  • Policy issuance with all the associated forms
  • Report generation
  • Comprehensive claims management

NetRate is a 50-state ISO-based rating system that can be easily customized to address the unique programs, lines of business, classes and coverage features required. NetRate is designed to streamline the process of selling insurance by eliminating manual references, reducing manual data entry and automating rating through the full policy life cycle. The application includes the following lines of business:

  • General Liability
  • Commercial Auto
  • Property
  • Crime
  • Inland Marine
  • Nationwide Workers' Compensation (NCCI and bureau-based)
  • Cyber Liability

How does your product or service specifically target/benefit Program Administrators:

Program Administrators have the best of breed with MGA Systems -- IMS, NetRate or both. IMS, a robust policy administration system designed specifically for the MGA market to handle all insurance business processing needs. NetRate, a nationwide commercial lines rating system easily configured and customized for the unique needs of each program administrator. Or, both products together as an integrated platform solution for all the technology needs of the MGA and its growing and dynamic needs. IMS and NetRate can also integrate with any other third-party applications or data suppliers as needed.

Speed to market with scalability and customization supports MGAs in achieving their efficiency, growth, and profitability goals.


What differentiates your product from others in the marketplace?

  • Domain Expertise – More than 20 years designing technology solutions specifically for the MGA market

  • One-stop-shop – End-to-end insurance processing is available with the integrated insurance platform solution

  • Agile technology solutions – Built specifically for MGAs, program administrators and E & S Brokerage firms

  • Tightly integrated platform with IMS and NetRate – Two-way integration between the MGA Systems' product line, as well as open integrations with many third-party applications

  • Rapid configuration, customization, and implementation – Supporting the MGAs' goals of speed to market and cost-effective growth