OneAdvent, a UK-based specialist MGA services platform, has announced a strategic alliance with Diesta to improve premium payment operations for MGAs on the OneAdvent platform.
The partnership targets long-standing bottlenecks in premium payment workflows that have traditionally involved manual processes, opaque systems, and delayed reconciliations, according to InsurTech Insights.
By embedding Diesta’s platform into its operating model, OneAdvent seeks to provide MGAs with enhanced speed, transparency, and scalability in premium handling.
OneAdvent focuses on enabling MGAs to scale by removing operational burdens, offering a robust service platform tailored to insurance innovators. Diesta delivers purpose-built payment infrastructure that simplifies premium tracking, reconciliation, and reporting for intermediated insurance.
At the heart of this partnership is Diesta’s automated reconciliation engine, which replaces the manual tracking of premiums with structured data and real-time cashflow visibility. MGAs will now be able to see their unallocated and payable positions instantly, enhancing decision-making and cash control across their policy systems.
The solution is already in use across a number of MGAs, with wider rollout plans underway. The partnership arrives amid growing expectations from carriers and investors for data clarity, speed, and operational rigour – elements now seen as essential for sustainable MGA growth.
Julian Schoemig, Diesta CEO, 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 across 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.”
Tim Quayle, OneAdvent CEO, said, “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.”
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