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InsuranceDistribution & Agency ManagementAgency Management

Nest Innovative Solutions

Cloud-based agency management system for insurance brokers, MGAs, and underwriting managers

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Overview

Macaw is a cloud-based agency management system built on open-source technology that addresses the complete value chain of insurance brokers, MGAs, and underwriting managers from CRM to accounting. The platform covers customer relationship management, opportunity management, quotation processing, automated underwriting and rating, policy issuance, policy servicing functions (endorsements, cancellations, reinstatements), claims recording, and accounting functions. The solution features extended configurability allowing users to define data capture, underwriting criteria, rates, customer-facing documents, and email templates without dependency on the vendor.

The platform includes Macaw CRM for insurers with legacy back-office systems, Macaw Explorer for data visualization with pre-defined dashboards, and Macaw Operations for P&C insurer back-office functions. The architecture provides open APIs for integration with in-house and external systems, supports omni-channel access, and includes self-service capabilities for customers, producers, carrier partners, and service providers. Nest delivers through joint teams with customer organizations and offers data migration using robotic process automation tools along with 24x7 production support.

Key Features

  • + End-to-end coverage from CRM to policy administration, servicing, claims, and accounting
  • + Automated underwriting, rating engine, and policy document creation
  • + Configurable data capture, underwriting criteria, rates, and templates without vendor dependency
  • + Data migration workbench using RPA tools for close to 100% data migration
  • + Open APIs and omni-channel self-service for customers, producers, and partners
  • + Macaw Explorer for data visualization with dynamic charts and dashboards
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