Commercial Insurance by mgm

mgm Cosmo – Our contribution to the digitialization of commercial insurance.

The digital business
interaction network.

mgm helps industrial insurers and brokers to create digital product portfolios and to conduct commercial insurance business digitally with their partners.

We provide a digital business interaction network between market partners through our cloud-based platform, Cosmo. Cosmo allows us to establish business relations that are built on a foundation of trust in a neutral space where each party remains in control of their business and data.
  • Globally operating industry teams made up of underwriters, business analysts and developers.
  • A focus on commercial insurance & digitization since 2006.
  • Commercial, medium to large-scale programmes and IIPs.
  • The Cosmo platform offers integrated product configuration, underwriting, digital collaboration and claims.
Product worlds and underwriting in a digital way
Industrial and commercial enterprises need partners, who can provide prompt and tailor-made protection against risks.
For us, digital sovereignty for commercial insurance business means an open platform for brokers and industrial insurers.

Expectations of platform partners

  • Profitable Growth in the SME segment
  • Speed through end-to-end integration
  • New business models
  • Efficiency in portfolio management
  • Automated underwriting and risk assessment for non-complex risks
  • Digital placement with insurers
  • Shared access to business data between partners
  • Co-operation that is also based on trust in digitization

Collaboration, distribution:
digitally and globally.

The Cosmo platform is open to commercial insurers, brokers and underwriting agents who want to operate their portfolio with their partners digitally.

mgm ensures the independence, autonomy and data sovereignty of each partner and each bilateral relationship.
  • Processes
  • Products
  • Underwriting
  • Distribution
  • Broking
  • Claims
  • Data

Insights Commercial Insurance

What is Low Code in commercial insurance? An overview.
The presentation (in german langauge) recorded at the CosmoHub event offers insights into the concept of low-code development and its application in the insurance industry. Software development in commercial insurance faces unique challenges due to high customisation and low transaction volume. The (enterprise) low-code approach combines custom software development with low-code functionality in an integrated, secure and robust way. This enables departments without in-depth IT knowledge to participate in application development and comply with organisational processes.
A network instead of a platform: Digital commercial insurance 5.0?
In this presentation (in german language) recorded at the event CosmoHub on June, 15th 2023, Ansgar Knipschild, Solution Manager at mgm, discusses the concept of digital networks in industrial insurance and highlights their significance over traditional platforms.
FAQ: Collective settlements (Bordereau) in commercial insurance
This FAQ answers frequently asked questions about collective settlements respectively collective lists of premiums between market partners in industrial insurance. What is a bordereau? And how can the complex process of collective settlements be automated for insurers, brokers and MGAs?
Whitepaper: Efficient digitization of commercial insurance with low code
Digitise portfolios and processes quickly and efficiently with low code: Distribution, underwriting, inventory management, claims.
Low Code for Commercial Insurance: New Podcast
In many industries, low-code platforms are seen as the future when it comes to software development. In the enterprise segment, too. How can such tools be used in the industrial insurance business?
Commercial Insurance Insights
Read more about Commercial Insurance-related Projects, Themes and Technology
Efficient digitization of commercial insurance with low code
Digitise portfolios and processes quickly and efficiently with low code: Distribution, underwriting, inventory management, claims.
Low Code for Commercal Insurance: New Podcast
In many industries, low-code platforms are seen as the future when it comes to software development. In the enterprise segment, too. How can such tools be used in the industrial insurance business?

Individual AI solutions

We offer customized AI-based solutions that we embed into your business processes to specifically increase productivity.
Our AI solutions are aimed atenterprise customers who want to implement a sustainable and scalable AI strategy.
AI Workshop
Are you looking for concrete approaches?
We build use cases and solutions
  • Modules: AI basics, AI strategy, AI examples
  • Target groups: Management, specialist area, IT, beginners, experts
  • Results Documents for use in the company
Location: At the customer / at an mgm location / remote
Max. Nr. of participants: 7
from € 9,000 *
AI Reality Check
Do you have ideas?
We evaluate and plan.
  • Business case creation
  • Development metric
  • Risk/reward assessment
  • Test data creation and evaluation
Duration: 4-6 weeks
Team Size: from 2 + 2 (customer / mgm)
from € 20,000/month *
AI Pilot
Do you want to implement specific use cases?
We deliver.
  • Implementation of a subject-specific use case
  • Optimization for customer use and target metrics (KPI)
  • Agile implementation
  • Support through change management & communication
Duration: 2-4 months
Team Size:
from 3 + 3 (customer / mgm)
from € 40,000/month *
AI Scale
You want to go corporate?
We roll out.
  • Scaling strategy, planning and support
  • Typical scenario: Scaling an AI pilot
  • Inclusive concepts, change management and communication
Duration: 6-12 months / accompanying
Team size: individual (PL, BA, Dev, DevOps...)
Individual agreement
AI Suite
Do you need secure technology?
We supply everything up to the infrastructure.
  • mgm AI Hosting
    from €2.000/month
  • mgm AI Knowledge Chat
    € 900/month + hosting
  • mgm AI Email Assistant
    € 1.900/month + hosting
  • mgm AI Dev Framework
    included with every license
Term: 12 months
Assessment: flat rate, depending on company size
Annual license (flat rate)
* all prices net plus VAT
Contact us for advice and your individual offer:

Jan Jikeli
Head of AI

Digital products and processes

On the Cosmo platform, industrial insurers and brokers can start to digitalise their products, including underwriting, coverage and claim models. Product-specific processes are also mapped on the platform.

Cosmo Product Information

mgm Cosmo Whitepaper
The Industrial Insurance Platform.
Digital business models for industrial insurance. For industrial insurers, industrial brokers and underwriters.
mgm Cosmo Architecture and APIs
Detailed technical information about the modular architecture and API design of mgm Cosmo.
A12 Low Code FAQ
mgm Cosmo is a Low Code based platformon the foundation of mgm A12. Here you can find all the detail information about A12.
Who we work for:
We define our success by the number of systems put into production and their contribution to the business success of our customers.

Meet the team – this is the way we work

What makes mgm insurance unique: We want to be a partner caring about distribution and simplification of operations at substantially lower cost level. We contribute to the joint team with our team of underwriters, business analysts and developers.
Team Technical Excellence
Cosmo is built on A12, mgm’s low code platform. Our team is complemented by a team of 50+ experts who make sure the Cosmo platform is constantly updated and based on the latest technology. Our A12 team regularly updates Cosmo with the latest innovations from the Insurance, Public and eCommerce sectors. This helps ensure that innovations are shared throughout our partner and client base.
Team Market Performance
Our Market Performance team also provides support in digital business development, both inside the company and on the market by:
  • setting up digital product models and product related processes
  • optimising conversion rates and user experience
  • performing data analysis and reporting
  • optimising of underwriting models
  • performing training and change management
Wolfgang Filser

Motivated, cooperative, talented. We live for our projects.