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Tangram Taps INSTANDA to Accelerate Launch of Fully Customizable E&S Insurance Product for Security Guard Industry
Tangram Insurance Services, Inc. (“Tangram”), a national Managing General Agency (MGA) recently accelerated its launch of a new general liability product, built in collaboration with INSTANDA, that simplifies and transforms the quoting and policy issuance for its underwriting team serving the security guard industry.
By leveraging INSTANDA’s leading no-code insurance technology, Tangram developed a fully customizable Excess & Surplus (E&S) policy solution for the security guard sector and brought it to market in 90 days. The platform allows them to easily rate, quote and bind new business in an efficient manner. The product integrates forms, endorsements and manuscripts into a single platform, fully automating the rate, quote and bind process, and significantly reducing the time it takes to quote and issue policies.
“As Tangram continues to expand and enhance our program offerings, its crucial we partner with providers, like INSTANDA, that have a proven track-record and deep understanding of the insurance industry and our clients’ needs,” said Tracy Bernard, Senior Vice President of Strategy at Tangram. “Our collaboration with INSTANDA enables us to invest in product development and deliver meaningful solutions more quickly and efficiently.”
Tangram’s latest program offering is part of a broader strategy to better serve the security guard industry, driven by demand for more packaged solutions. With the increased ease of use and speed of INSTANDA’s platform, Tangram anticipates an increase in quoted business, aiming to become the full-service insurance solution for the security guard industry.
“Tangram is bringing innovative, insight-driven products to niche markets,” said Tim Hardcastle, CEO and co-founder of INSTANDA. “INSTANDA’s agile platform enables Tangram to quickly and efficiently serve new market opportunities and drive impactful business outcomes. We’re proud to partner with Tangram as they shape the future of insurance.”
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