Southern Preferred MGA, Inc. offers a variety of services to the insurance industry.
- Specialized Programs – SPMGA is a licensed Managing General Agency and a Surplus Lines Agency. We offer specialized programs directly, and through other MGAs and Agents, and have the capability to bind coverage and issue policies on some programs. Please see our present offerings under the “PROGRAMS” button above. Our applications are all on line, and delivered electronically. We will have your quote in less than 72 hours.
- Claims Handling - We offer claims review, reserve analysis, as well as the capability to handle claims directly through our affiliate, Southern Preferred Adjusters. We have licensed adjusters on staff, including a licensed multi-line adjuster with over 20 years involvement in claims. We offer service in all Fire and Allied Lines, including Inland Marine, as well as all Casualty Lines. We do not service Workers Compensation. We offer these services on a fee basis, hourly, or as negotiated by sliding scale contract.
- Program Management - We offer our services to admitted or non-admitted companies in Texas, Louisiana, and Oklahoma in securing and supervising agents producing business directly, or through sub-agents. Our services include collecting production reports, verifying balances, and reviewing program guidelines and claims procedures. We can also offer accounting services on these programs. These services are negotiated on a fee basis, either flat or sliding scale.
- Reinsurance Intermediaries – Through our affiliated company, we can offer our service as licensed Reinsurance Intermediary brokers for all of your Quota Share, Excess, Catastrophe, Finite, and Clash reinsurance covers. We specialize in small regional companies, managing general agents, and specialized direct agent produced programs.