MGT Insurance logoCarrier / MGA

Last updated

Best for: Independent agents placing standard small-commercial accounts that fit a BOP

What stands out

  • BOP appetite across 43 states and D.C. and more than 300 business types, per MGT's appetite page
  • Appetite can be checked before quoting through Aimee, MGT's AI appetite assistant, without signing in
  • Carrier-side data gathering and pre-fill reduce re-keying on routine risks, per MGT
  • Quotes open in the MGT portal for agent review before binding

What to consider

  • Products beyond the BOP, such as Commercial Auto and Umbrella, are listed as coming soon
  • Coverage excludes Florida and Hawaii today, and five more states (Alaska, Kentucky, Louisiana, New York, South Dakota) are listed as coming soon
  • No public API documentation found; access runs through the portal and MGT's chat-based quoting
  • Direct appointments are case by case and carry a minimum production commitment; MGT recommends going through a partner network, wholesaler or broker
  • Workflow and speed claims are MGT's own and have not been independently measured

At a glance

Type
Carrier / MGA
Headquarters
Denver, CO
Coverage lines
Business Owner's Policy (BOP)
Availability
BOP in 43 states and Washington, D.C. (excludes Florida and Hawaii; five more states coming soon)
How to buy
Through independent agents appointed with MGT, directly or via a partner network, wholesaler or broker

MGT Insurance Review 2026: AI-Native Small-Commercial BOP Carrier

MGT Insurance is a small-commercial property and casualty carrier focused on independent-agent distribution and technology-assisted underwriting. The company positions itself as the first AI-native neo-insurer for small commercial P&C, using third-party data, pre-filled details and appetite checks ahead of the quote to reduce repetitive submission work, while keeping human underwriters for referred risks. Everything below is sourced from MGT's own site and is as MGT reports it.

TL;DR: MGT Insurance is a carrier, not a broker or MGA. It writes Business Owner's Policies for small businesses in 43 states and Washington, D.C., sells through independent agents, and reports an A- (Excellent) AM Best rating. Agents can run quotes in the MGT portal or, per MGT, inside ChatGPT and Claude, and can check appetite with Aimee before quoting.

What MGT is

MGT describes itself as "a full-stack carrier that owns its product, platform, and risk." Its regulatory notice lists the company name as MGT Insurance, domiciled in Wisconsin, NAIC code 16203, with its principal place of business in Denver, Colorado. The About page names Graham and Michael Topol as co-founders and co-CEOs and lists offices in Denver, Madison and San Francisco.

What it writes

Today MGT's product is the Business Owner's Policy. Its FAQ says MGT uses ISO's BOP policy form as the basis for the General Liability and Property coverage, and that other products, including Commercial Auto and Umbrella, are coming soon. A legacy portal serves Church Mutual, Religious Services and other nonprofit business and their policyholders.

Who it serves

MGT is built for independent agents and brokers and the small businesses they place. Its appetite page lists restaurants, artisan contractors, grocery stores, bakeries, professional offices, florists, nail salons, liquor stores, medical offices and barbershops among the major industries.

Where it writes

MGT says it writes BOPs in 43 states and Washington, D.C. Alaska, Kentucky, Louisiana, New York and South Dakota are listed as coming soon, and coverage excludes Florida and Hawaii at this time.

How quoting works

MGT says its platform gathers third-party data, pre-fills routine details and checks classification against appetite, so the agent confirms details instead of re-keying them. Agents can quote in the MGT portal, upload an ACORD application and supporting files for Aimee to turn into a quote, or, per MGT, use MGT Quoting inside ChatGPT and Claude. Every quote opens in the MGT portal, where the agent reviews it before binding.

Appetite

MGT's appetite page describes hundreds of business classes and "over 300 specific business types," with a downloadable Appetite Guide that lists eligible classes with NAICS codes and class groupings.

Underwriting

MGT says a human underwriter stays in the loop for judgment calls, such as re-classing a business or raising a limit, and that underwriting decisions stay with MGT.

API and portal

MGT's site documents a next-generation small-business portal for BOP quoting, binding and agent management. We found no public API documentation. MGT says its quoting engine was designed to be called by agents, human and AI, which is how it reaches ChatGPT and Claude.

Aimee

Aimee is MGT's quoting and appetite agent. Per MGT, she checks appetite by class and state, asks for missing information and prices a quote, and states the assumptions behind the number. Agents who are not yet appointed can chat with her about appetite without signing in.

Financial strength

MGT reports an A- (Excellent) financial strength rating from AM Best. We have not checked it against AM Best's own listing.

How agents access MGT

MGT says it considers direct appointments case by case, with an interview, review and a minimum production commitment, and suggests working through one of its partner networks, wholesalers or brokers. The same page directs agents to the Get Appointed form. After setup, agents can start quoting in the portal or in ChatGPT or Claude through their MGT Territory Manager or the Broker Success team.

Frequently Asked Questions

Is MGT Insurance a carrier or an MGA?

MGT describes itself as a full-stack carrier that owns its product, platform and risk. Its regulatory notice lists it as a Wisconsin-domiciled insurer with NAIC code 16203.

Which states does MGT write BOPs in?

MGT says 43 states and Washington, D.C. Florida and Hawaii are excluded, and five more states are listed as coming soon.

Does MGT have an API?

We found no public MGT API documentation. MGT offers quoting through its portal and, per MGT, through ChatGPT and Claude.

Can I check MGT's appetite before submitting?

Yes. MGT says its appetite assistant, Aimee, gives a real-time read by class and state, and unappointed agents can chat with her without signing in.

About this profile

This is an informational company profile, not a rated review. QuoteSweep publishes a rating only after the profile clears the evidence standard and is scored against a calibrated entity-class rubric. A rating is never a customer-review score, a financial-strength or solvency rating, or a prediction of how a claim would be handled. The rubric, the evidence standard, and the reasons a profile can go unrated are all set out in our ratings methodology.

No company can pay for a listing, a score, or a change to one. QuoteSweep receives no compensation from this profile.

Sources and evidence status

Only exact links shown below count as verified evidence. A publisher named in the research note is not yet part of the structured evidence record unless its page is linked and mapped to a claim.

Research note: Company facts are from MGT Insurance's own site: the homepage, About, Appetite, Legal Information and Get Appointed pages, and three MGT blog posts (October 16, October 22 and November 3, 2026), all read on 12 November 2026. The AM Best rating, state and class counts, speed and workflow statements are as reported by MGT; we did not check them against AM Best or state filings.

Linked sources currently on file

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