Managing general agent services platform OneAdvent has agreed a partnership with payment operations specialist Diesta, which specialises in supporting the intermediated insurance sector. OneAdvent said the collaboration would enhance the efficiency, transparency, and scalability of premium processing on its platform.
The integration between the two platforms has been rolled for use by selected MGAs, with a broader rollout continuing over the coming months.
Julian Schoemig, CEO of Diesta, said: “Premium processing has traditionally been a manual, opaque, and delay-prone function. 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.”
Tim Quayle, CEO of OneAdvent, added: “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.”
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