(Artist’s rendition of Input 1’s Woodland Hills, Calif. office.)
Input 1, a Woodland Hills, Calif.-based digital billing services and payment solutions provider, and Xceedance (Boston), a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, have announced a strategic partnership. The partnership incorporates a billing and payments solution from Input 1 with Xceedance’s MGA Agility Suite policy administration platform for program administrators and managing general agents (MGAs).
“The partnership between Input 1 and Xceedance expands our offering by incorporating a leading digital billing service and payment solution within the MGA Agility Suite,” comments Travis MacMillian, Chief Business Officer, Xceedance. “Expedient integration between the two platforms enables a seamless flow of information to drive the billing process for our mutual customers. MGAs can gain greater efficiencies and pricing leverage combined with specific expertise from both Xceedance and Input 1. This offering allows our customers to get to market faster and create greater costs savings, all while deploying advanced technology and services to improve the overall policyholder experience.”
“Input 1 and Xceedance are both devoted to the specific needs of the MGA and insurance carrier space,” comments Chris Farfaras, Executive VP, Chief Sales and Marketing Officer, Input 1. “Our firms have a mutually deep dedication to understanding the insurance processes for our clients in order to deliver the best in digital customer experience and agent experience solutions. Ultimately, we want our clients to leverage our collective strengths to deliver high-value solutions to their organizations and markets.”
Xceedance describes MGA Agility Suite as an out-of-the-box solution, combining policy administration technology, insurance lifecycle services, and strategic operations support. It is a policy and pricing platform that gives established and start-up program administrators, MGAs, and managing general underwriters (MGUs) a tailored platform to effectively capture and serve target market segments.
Input 1 describes its digital billing and payments solution as a highly configurable and effective digital billing and payments solution that handles the entire premium collections cycle for managing general agents and insurance carriers. Using standard API protocols to exchange a myriad of data points, Input 1’s clients take advantage of enterprise-class billing and payments features at a fraction of the cost of most other solutions in the market, according to the vendor.