Design Highlights
- REG Risk 365 modernizes risk management, moving MGAs beyond outdated spreadsheets and enhancing real-time data monitoring capabilities.
- The platform addresses increasing governance expectations, ensuring MGAs meet evolving regulatory compliance requirements effectively.
- Quick onboarding and user-friendly training facilitate a smooth transition, boosting operational efficiency for MGAs.
- A fixed pricing model for the first year makes REG Risk 365 accessible, encouraging widespread adoption among MGAA members.
- By adopting REG Risk 365, MGAs position themselves as leaders in RegTech innovation, setting new industry standards for risk oversight.
On March 10, 2026, the Managing General Agents’ Association (MGAA) rolled out the welcome mat for REG Risk 365, a new tool from REG Technologies that aims to tackle the growing mountain of counterparty risk in the MGA market. This isn’t just a shiny new toy; it’s a lifeline for MGAs feeling the heat from increasing governance expectations. The press release, hot off the MGAA’s website, made it clear: the stakes are high, and traditional methods just won’t cut it anymore.
The MGA market has been facing some serious pressures. Spreadsheets? Please. They’re about as useful as a chocolate teapot when it comes to real-time data. The MGAA recognizes that relying on outdated methods is like bringing a knife to a gunfight. With REG Risk 365, insurers and MGAs can finally step beyond those tedious periodic reviews. This tool allows for real-time counterparty risk management, enabling ongoing monitoring and due diligence—something that’s long overdue. Increased scrutiny around AML has made this transition even more critical. This innovative approach aligns with Microsoft Security Policy principles, ensuring that MGAs are adopting best practices in risk management.
Spreadsheets are outdated; REG Risk 365 ushers in real-time counterparty risk management for MGAs—it’s time to modernize!
What’s in it for MGAA members? A lot. The MGAA Member Bundle gives up to 25 users access in one subscription. Plus, say goodbye to the data-cleaning headache—there’s a complimentary data cleanse included for a quick setup. A dedicated Customer Success Manager? Yes, please! And let’s not forget the two-hour online training session to guarantee no one’s left scratching their heads. Fixed pricing for the first 12 months? Sounds like a win to me.
Implementation speed is another game-changer. Forget weeks of setup; we’re talking days. Thanks to quick onboarding and handy training sessions, MGAs can shift from spreadsheets to a robust platform in no time. It’s like trading in an old jalopy for a shiny new sports car. And who wouldn’t want that?
The impact on the market is profound. REG Risk 365 sets a new standard for MGA risk management. It addresses the challenges of fair value compliance data and enhances regulatory assurance with real-time data. Much like how equipment breakdown coverage provides an additional layer of protection beyond standard policies, REG Risk 365 offers MGAs an enhanced layer of risk oversight that goes beyond conventional compliance measures. This move signals a shift toward RegTech, assuring MGAs that they’re not just keeping up but leading the charge.
In a world where compliance and governance demands continue to rise, MGAA’s embrace of REG Risk 365 couldn’t have come at a better time. This isn’t just a new tool; it’s a critical step toward a more efficient, modern MGA operation. The future is here, and it’s looking a lot more secure.
