Novarica Report 2020: Management Research Services is an Established Player

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Management Research Services is recognized by Novarica as an established player in their field

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An industry thought leader granted Management Research Services (MRS) accolades and recognition by profiling them among a select group of vendors in an annual niche publication. Novarica is a leading research and consulting firm that analyzes technology and strategy across the insurance industry. They publish numerous research reports that examine trends, best practices, and vendor options for insurers, clients, and anyone willing to buy and leverage their data. In a November report, Novarica recognized MRS as an “established player” in the field of companies providing partial and full-service underwriting solutions to insurers of life, health and annuity.

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Novarica’s 2020 report on Life / Annuity / New Business Underwriting Systems offers an overview of MRS and 15 competitors. The companies included are not rank-ordered or endorsed but presented as the short-list for new businesses evaluating potential vendors in the marketplace. MRS is recognized as being an established player among their peers, which Novarica defines as “having shown staying power in the marketplace as well as substantial customer experience.”

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Their report includes a several-page company profile for each of the 16 firms listed. The profiles summarize each organization, their client base, and the technologies they incorporate. Each description speaks to their product’s key functionality, deployment options, and approach to implementation. Though the company profiles and associated analysis are not available to the general public, they are shared with Novarica’s consultation clients. Non-clients can also purchase and download the full report from their website.

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Inclusion in Novarica’s annual published research represents a win for MRS on multiple levels. It provides affirmation that our team continues to provide industry-leading technology and customer service in a competitive and rapidly changing field. This is confirmation that our no-code platform is among the most sophisticated and dependable options available.

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Furthermore, inclusion represents another growth opportunity for us; our brand and logo are placed alongside those of the dominant providers in the marketplace. Along with their library of research, Novarica is known for providing consultation. They specialize in taking a needs-analysis approach towards helping their customers with vendor selection. Being on their short-list and getting their stamp-of-approval for our no-code platform can only help us continue to connect with clients that will benefit from our product. For those familiar with general consumer products, it’s like MRS just got the Good Housekeeping Seal of approval!

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We’ve already been growing. Since March of 2020, the staff at MRS has grown by 50%! We are heavily invested in our people and platform; we look to continue working alongside other industry leaders during this time of revolutionary transformation. The old adage, “the only constant thing is change,” remains just as true today as it was when we started in 1988. We are poised to embrace and adapt with continued change and growth in the times to come.

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The MRS no-code platform provides companies with everything they need to build a complex, secure, and powerful application – capable of supporting even the most complicated underwriting decisions. Our hands-on, personalized approach to customer services means our platform can be customized from the ground up and fully integrated in surprisingly short spans of time. We offer a flexible, single solution with low start-up costs, rapid integration times, and little-to-no ongoing maintenance costs. The end result is substantially less expensive for insurers and third-party providers than status quo options.

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Find out more about how our technologies and innovation are leading the industry.

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For more information about the MRS no-code insurance services platform, please visit www.managementresearchservices.com or email us at sales@msrreps.com.