Industry Insights

Speed as a Competitive Edge: Why "Live in a Day" Matters

By

Team Advance

·

2 min read

In the enterprise insurance world, new technology is often synonymous with 18-month implementation. This fear of the implementation abyss is the primary reason MGAs stay stuck in outdated, 0%-yield banking relationships.

At Advance, we've eliminated the friction. Because we exist within your current systems and not a legacy software integration, we can have your new infrastructure live in a day.

Every Week You Wait Is a Loss

In a high-interest-rate environment, time is literally money.

  • The Cost of Delay: Every week that $10M in premium sits in a 0% account, you are losing approximately $5,700 in interest income. We don't need to deep-link into your legacy AMS to provide value. You can start capturing 3% yield and utilizing automated disbursements almost immediately.

Focus on Scalability, Not Setup

The MGAs that win in the next five years will be the ones that can scale their programs without scaling their headcount. By moving to Advance today, you secure the infrastructure needed to handle 3x your current volume tomorrow.

Speed to value isn't just a nice-to-have — it's a competitive necessity. You can continue to navigate the manual maze, or you can be up and running with a 3% yield and automated workflows by next Friday.

The choice is yours. Are you ready to move at the speed of Advance?

Turn premium money from a passive liability into an asset

See what your premium balances could be earning. Request a demo with our team.

Our demonstrated consistency in SOC 2 Type 2 reporting provides independent assurance that our control environment—spanning data storage, processing, and transfer—meets rigorous, independently audited benchmarks for security, availability, and confidentiality.

*. Advance is a financial technology company, not a bank. Banking services are provided by OMB Bank, Member FDIC. Deposits in checking and savings accounts are held by OMB Bank and are eligible for FDIC insurance coverage. FDIC insurance covers the failure of an insured bank; pass-through insurance applies only if specific conditions are met. OMB Bank does not sponsor Advance's AI program. Fees, terms, and conditions may apply. Please review our Terms of Service and Privacy Policy. Contact us for questions about your privacy and consult a tax advisor for tax-related concerns. Annual Percentage Yield (APY) of up to 3% is available on eligible accounts and is accurate as of September 1, 2025. Actual APY may vary based on account type and balance. Lower APYs may apply if eligibility requirements are not met. Rates are variable and subject to change at any time. Fees may reduce earnings.

Turn premium money from a passive liability into an asset

See what your premium balances could be earning. Request a demo with our team.

Our demonstrated consistency in SOC 2 Type 2 reporting provides independent assurance that our control environment—spanning data storage, processing, and transfer—meets rigorous, independently audited benchmarks for security, availability, and confidentiality.

*. Advance is a financial technology company, not a bank. Banking services are provided by OMB Bank, Member FDIC. Deposits in checking and savings accounts are held by OMB Bank and are eligible for FDIC insurance coverage. FDIC insurance covers the failure of an insured bank; pass-through insurance applies only if specific conditions are met. OMB Bank does not sponsor Advance's AI program. Fees, terms, and conditions may apply. Please review our Terms of Service and Privacy Policy. Contact us for questions about your privacy and consult a tax advisor for tax-related concerns. Annual Percentage Yield (APY) of up to 3% is available on eligible accounts and is accurate as of September 1, 2025. Actual APY may vary based on account type and balance. Lower APYs may apply if eligibility requirements are not met. Rates are variable and subject to change at any time. Fees may reduce earnings.

Turn premium money from a passive liability into an asset

See what your premium balances could be earning. Request a demo with our team.

Our demonstrated consistency in SOC 2 Type 2 reporting provides independent assurance that our control environment—spanning data storage, processing, and transfer—meets rigorous, independently audited benchmarks for security, availability, and confidentiality.

*. Advance is a financial technology company, not a bank. Banking services are provided by OMB Bank, Member FDIC. Deposits in checking and savings accounts are held by OMB Bank and are eligible for FDIC insurance coverage. FDIC insurance covers the failure of an insured bank; pass-through insurance applies only if specific conditions are met. OMB Bank does not sponsor Advance's AI program. Fees, terms, and conditions may apply. Please review our Terms of Service and Privacy Policy. Contact us for questions about your privacy and consult a tax advisor for tax-related concerns. Annual Percentage Yield (APY) of up to 3% is available on eligible accounts and is accurate as of September 1, 2025. Actual APY may vary based on account type and balance. Lower APYs may apply if eligibility requirements are not met. Rates are variable and subject to change at any time. Fees may reduce earnings.