OneAdvent, the specialist MGA services platform has announced a new strategic partnership with Diesta, the dedicated payment operations platform built for intermediated insurance. The collaboration aims to significantly enhance the efficiency, transparency, and scalability of premium processing for MGAs across the OneAdvent platform.
OneAdvent supports a diverse portfolio of MGAs, providing bespoke services that fill crucial capability gaps. With Diesta’s infrastructure embedded into its offering, OneAdvent’s expanding toolkit now provides cashflow optimisation for its MGA clients, from producing brokers to commission partners to carriers.
“
Premium processing has traditionally been a manual, opaque, and delay-prone function,” said Julian Schoemig, CEO of Diesta. “For MGAs trying to scale, this creates serious friction both internally and with external partner networks. By integrating Diesta’s payment layer into OneAdvent’s robust operating model, we’re enabling faster reconciliation, clearer reporting trails, and real-time visibility over premium cashflows. This will directly impact growth and trust between payment partners.”
At the heart of the integration is automated reconciliation and remittance logic, supported by structured insights that reduce admin overhead and increase cash transparency. MGAs have live views of outstanding, unallocated, and ready-for-payout premium positions, which historically required time-consuming manual effort to track and resolve. With over 15 MGAs operating across multiple policy admin/underwriting platforms, standardising data onto a unified payment layer enables OneAdvent to offer more agile and personalised services than larger, less integrated organisations.
Tim Quayle, CEO of OneAdvent, commented:
“Our mission has always been to support MGAs in removing operational friction and focusing on what they do best – underwriting, scalability and innovation. Diesta brings a cutting-edge solution to one of the most painful areas in insurance operations: getting cash to move fast and reliably. Employing this type of smaller, smarter tech gives us back valuable time with clients. Together, we’re raising the bar for MGAs.”
The partnership comes at a time when MGAs are increasingly expected to deliver speed, transparency, and control, not only to their carrier partners but also to their investors and boards. Fast cash turnaround, clean MI, and audit-ready processes are becoming foundational, not optional.
The OneAdvent x Diesta integration is now configured across selected MGAs, with a broader rollout continuing over the coming months.
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net
Generali Global Assistance (“GGA”) has announced that it has entered into a partnership with CiiRUS, the leading provider of vacation rental property management software, to integrate GGA’s vacation rental insurance and vacation owner protection offers […]
A new research paper by Agilysis analysing the effect on traffic speeds during lockdown has revealed startling difference in speeds on roads when the volume of traffic falls. Clear changes were seen on all roads, […]
Royal London, the UK’s largest life, pensions and investment mutual, has announced a new £1.2 million charity partnership with Cancer Research UK tackling cancer inequalities. The partnership will fund research into hard-to-treat cancers and initiatives […]
Be the first to comment