At this year’s WSIA 2025 conference in San Diego, one theme stood out above the rest: the MGA market is booming, and the winners will be those who combine technology, partnerships, and human judgment to move faster and underwrite smarter.

That’s precisely where OIP Insurtech is placing its bets.

As Chief Operating Officer, Miloš Petrović, explained during his interview with The Insurer, “The entire E&S space is really reliant on underwriting expertise, but in the past couple of years, there has been a lot of pressure to get a better speed to the market.”

For OIP Insurtech, speed doesn’t come at the cost of accuracy but from reimagining the way underwriters work. By leveraging artificial intelligence, automation, and data-driven tools, the company is solidifying its position as a next-generation MGA partner that views AI as an enabler, not a replacement.

Petrović described the mission succinctly: “How we position our technology is as an enabler to underwriters, giving them those time dividends so they can spend more time evaluating complex risks.”

In an industry that still depends heavily on manual processes, OIP Insurtech’s approach reflects a broader shift: AI is the backbone of how the next wave of MGAs will deliver underwriting precision and speed at scale.

Empowering Underwriters Through AI, Not Replacing Them

The insurance industry has long depended on the expertise of seasoned underwriters — professionals who balance experience, instinct, and data to assess risk. But as the E&S market expands and submission volumes surge, the pressure to respond faster has become unavoidable.

That’s where OIP Insurtech sees the true value of AI and automation: not as a replacement for underwriting judgment, but as the force that amplifies it.

“How we position our technology is as an enabler to underwriters, giving them those time dividends so they can spend more time evaluating complex risks,” said Miloš Petrović, outlining how AI allows insurers to redirect effort from manual review to strategic decision-making.

Tim Ramsey, OIP Insurtech’s Vice President of Business Development, pointed to a similar trend in the U.S. around efficiency and data ownership: “Wholesalers and carriers are looking for ways to become more efficient and also own and control that data. There’s a lot of power in what they can do with it.”

From submission ingestion to inspection reviews, the firm sees technology as the key to unlocking speed and precision in underwriting. By automating repetitive tasks — from data extraction to document triage — OIP Insurtech helps underwriters spend less time gathering information and more time making informed decisions.

As Petrović put it, “AI informs you, and you bring the context and judgment. That’s the beauty of this space in E&S.”

This philosophy sits at the core of OIP Insurtech’s mission: to empower human judgment with the right technology, making every underwriting decision faster, smarter, and more consistent without losing the human insight that defines the craft.

Collaboration Over Competition

Collaboration, not rivalry, drives the OIP Insurtech’s strategy, especially when it comes to helping the insurance ecosystem modernize together.

As Miloš Petrović explained, OIP Insurtech doesn’t see other insurtechs as competitors to beat, but as partners to learn from and build with. “We like to partner up with the competition because there are things that they are doing much better,” he said. “We tag team in certain cases and offer that to the market.”

This mindset reflects our people-first culture, one built on transparency, trust, and shared success. Instead of chasing exclusivity, OIP Insurtech focuses on creating bridges across the market, combining its deep insurance expertise with technologies and partners that complement its strengths.

That approach has paid off. Collaboration allows OIP Insurtech to expand its capabilities without slowing down innovation, a crucial advantage in a market where no single vendor or tool can solve every underwriting challenge alone.

It’s also part of why OIP Insurtech has earned a reputation as a trusted partner across the carrier, MGA, and broker landscape. In Petrović’s words, working side by side, even with perceived competitors, helps “offer that to the market” faster, stronger, and with more value for everyone involved.

Education and Trust – The Human Side of AI Adoption

Technology may be reshaping underwriting, but in insurance, transformation has always been as much about people as it is about platforms.

For OIP Insurtech, the biggest obstacle to AI adoption isn’t the technology but understanding. Many insurance leaders recognize AI as inevitable, but few fully understand how to apply it safely and effectively in an industry founded on trust and relationships.

As Pete King, OIP Insurtech’s Head of Business Development, put it: “Insurance is about people and relationships, AI is not going to take that away. It’s our job to make leaders understand what AI means and the benefit to their business, not just the hype.”

That focus on education and clarity defines how OIP approaches every partnership. Rather than leading with automation for its own sake, the company focuses on demonstrating practical value, showing underwriters and executives how AI can speed up decisions, improve data quality, and reduce fatigue without sacrificing judgment.

Petrović echoed the sentiment earlier in the interview, describing AI as a tool that informs human expertise, not replaces it. By building solutions that work alongside underwriters, not above them, OIP helps bridge the gap between innovation and adoption, proving that efficiency doesn’t have to come at the expense of human insight.

In a sector where legacy systems and cautious cultures often slow progress, OIP Insurtech’s “people-first” philosophy might be its most transformative technology of all.

Predicting the Future of Underwriting

The future of underwriting won’t be written by algorithms alone. It will be built through the partnership between AI and human expertise. That’s the vision OIP Insurtech brought to WSIA 2025, and it’s already playing out across its projects with carriers, MGAs, and wholesalers.

As Pete King noted, the growing pressure on insurers is coming from both sides: rising claim severity and the complexity of modern risks. “Severity is getting worse, and claims numbers as well. That’s one of the big things that has changed over the past three years,” he explained. “We also need satellite imagery, population trends, and new tools because the landscape has changed.”

To meet that challenge, OIP Insurtech continues to expand its AI capabilities beyond document automation into inspection reviews, renewal underwriting, and risk pattern analysis. The goal isn’t to replace the underwriter’s instinct but to give them a clearer, faster, and more data-rich view of every account.

That data-first approach also reflects where the market is heading. As Tim Ramsey shared, “Everybody’s talking about AI… we’re going to continue to focus on that and tap into program underwriting, where we’ve already seen tremendous growth.”

For OIP Insurtech, the next chapter of underwriting is one where AI informs judgment, not replaces it; where partnerships accelerate innovation, not competition; and where people remain at the center of every decision.

Because the smartest technology still needs human hands, and in OIP Insurtech’s case, those hands are already shaping the future of insurance.