For clients expanding with MGAs or TPAs, our Business Due Diligence service ensures detailed evaluation of potential partners.
At Pro-Global our Business Due Diligence service supports carriers or clients looking to expand their partnership network with new MGAs/Coverholders or Third-Party Administrators. This service delves into the crucial aspects of your potential partner's operations to ensure they meet your standards. Our Business Due Diligence team assess their underwriting practices, claims handling procedures, financial health, technology infrastructure, and compliance posture.
By providing a comprehensive evaluation in these areas, you gain the confidence needed to make informed decisions about forming new partnerships, protecting your reputation, brand, and quality standards in the process.
In today's competitive landscape, choosing the right partners holds immense significance. Our service empowers you with the assurance and insights necessary to navigate these crucial business decisions with confidence.
Tailored to your specific needs and risk profile
Subject matter experts in underwriting, claims, finance, and compliance
Accessible worldwide, with teams experienced in multiple languages
Ensures potential partners' practices are compliant
With our service, you gain confidence that your reputation, brand, and quality standards are safeguarded. Our accurate due diligence results fortify your decision-making process, providing you with the information you need to make informed decisions about potential partners.
Our team is committed to providing a thorough analysis of third-party operations, focusing on areas critical to your success. We strive to give you confidence in your investment in new/partner solutions. Our goal is to protect your reputation, brand, and quality standards while helping you make informed decisions based on comprehensive due diligence.
Pro Global Audit & Advisory team
Pro Global's audit team partnered with a prominent re/insurer to conduct tailored due diligence to support the onboarding of their MGA. This entailed an end-to-end review of underwriting, accounting, reporting, compliance, operations, and IT controls. As a result we were able to address critical challenges in their licensing approach and develop a trusted partnership that went above and beyond the initial brief.