Selectsys Acquires Expert Insured, Enhancing Its Full-Service Ecosystem with an AI-Powered Management System for MGAs & Wholesalers

BOSTON, Feb. 26, 2025 /PRNewswire/ -- Selectsys, a leader in business process outsourcing and insurance technology solutions, has acquired Expert Insured, an AI-powered insurance management system built for MGAs, wholesalers, and carriers. This acquisition strengthens Selectsys' position as a full-service provider, combining BPO, custom technology, and policy management under one brand.

AI-Powered Insurance Management with Expert Insured
Expert Insured leverages AI to streamline underwriting and policy management, automating manual, time-consuming tasks so underwriters can focus on high-value decisions and validations. Features like AI Gatekeeping and submission extraction enhance accuracy and efficiency, while integration with Selectsys' BPO services enables MGAs and wholesalers to scale faster and optimize resources.

Core Capabilities of Expert Insured:

1. Policy Administration – Manage submissions, quoting, issuance, endorsements, renewals, and cancellations.
2. Workflows & Task Management – Automate processes, assign tasks, and ensure seamless collaboration.
3. Accounting Integration – Track invoices, commissions, taxes, and billing effortlessly.
4. More Features – AI-powered submissions, rating engines, intuitive interfaces, claims reporting, and carrier integrations. Learn more at www.expertinsured.com.

Selectsys - a Comprehensive MGA/Wholesaler Solution Ecosystem:

1. Selectsys – BPO services for all insurance processes.
2. Selectsys Tech – Custom technology connecting MGAs & Wholesalers with retailers, brokers, and carriers via portals, APIs, and other integrations.
3. Expert Insured – AI-powered policy and workflow management for total operational control.

New Leadership at Expert Insured
Spencer McDonald has been appointed CEO of Expert Insured. Formerly at McKinsey & Company, he specializes in AI-driven InsurTech solutions and has delivered AI/GenAI innovations for leading insurance clients.

"With Expert Insured, Selectsys is now a full-service provider, combining technology, automation, and resourcing to meet every operational need," said Srinu Kalyan, CEO of Selectsys.

"I'm excited to lead Expert Insured into its next phase. Together with Selectsys, we're redefining efficiency for MGAs and wholesalers," said Spencer McDonald, CEO of Expert Insured.

About Selectsys
For over 20 years, Selectsys has provided BPO and technology solutions to support MGAs and Wholesalers. With expertise in policy servicing, underwriting support, and claims administration, Selectsys helps insurance businesses streamline operations and scale efficiently.
Learn more at www.selectsys.com.

About Expert Insured
Expert Insured is an AI-powered insurance management system that automates underwriting, policy administration, and compliance. Chosen by MGAs and wholesalers for decades, the platform enhances efficiency through AI-driven workflows, seamless integrations, and intuitive policy management tools.
Discover more at www.expertinsured.com.

For inquiries regarding Expert Insured, please contact [email protected]. 

SOURCE Expert Insured