MGM Technology Partners

Enterprise software and low-code platform for commercial insurance digitalization

Insurtech Infrastructure Enterprise PE-Backed

Overview

MGM Technology Partners (mgm technology partners GmbH) is an enterprise software provider for the insurance industry, serving carriers, brokers, and MGAs with a model-driven low-code platform and a dedicated commercial insurance solution. Headquartered in Munich, Germany, the company operates across 19 global locations with over 1,000 employees and generates revenues exceeding EUR 100 million annually.

The company's core offering is the A12 Enterprise AI Low Code Platform, a model-driven development environment for building and running complex enterprise applications. On top of A12, mgm offers X12-COSMO, a commercial insurance platform that covers product configuration, underwriting, sales, digital broker collaboration, claims management, billing, and renewals. In 2025, the company extended COSMO with a dedicated MGA solution and a locally hosted COSMO AI Suite for GDPR-compliant AI capabilities.

Founded in 1994, mgm became a division of Allgeier SE (XETRA: AEIN) in 2006. The company has 14 documented insurance-sector reference clients, including HDI Global, GGW Group, Swiss Re, and Allianz. Its U.S. subsidiary, MGM Technology Partners USA Corp, operates from Alexandria, Virginia.

Products & Services

A12 Enterprise AI Low Code Platform

mgm's proprietary platform for building and operating complex enterprise software applications using model-driven engineering principles. The platform supports AI integration from proof-of-concept through production deployment and is designed around open architecture to preserve customer control over their own systems.

Key Features

Model-driven software engineering -- configure applications without custom code
AI integration layer supporting agentic workflows and embedded AI assistants
Kubernetes and containerization support for modern deployment
Integration with C12 proprietary German cloud infrastructure
Foundation for all mgm vertical solutions including X12-COSMO

Target Users: Insurers, public sector organizations, retailers building complex enterprise applications

X12-COSMO Commercial Insurance Platform

A digital platform for industrial (commercial) insurance built on A12, covering the full insurance value chain from product configuration through claims and renewal. In 2025 mgm launched a dedicated MGA solution within COSMO and released the COSMO AI Suite with locally hosted, EU-GDPR-compliant AI components.

Key Features

No-code product modeling and process configuration
Digital collaboration network connecting insurers, brokers, and MGAs
Claims management, billing, and renewal automation
COSMO AI Suite: AI Knowledge Chat, AI Assistant, AI Hosting (Germany-hosted, GDPR-compliant)
Reported 90% speed improvement on individual work processes

Target Users: Industrial insurers, commercial insurance brokers, MGAs

C12 Cloud Infrastructure

Germany-hosted public and private cloud infrastructure with Kubernetes and containerization support. Designed around data sovereignty, with all hosting confined to German data centers.

Key Features

German-hosted public and private cloud
Containerization and Kubernetes deployment
Data sovereignty model -- customer data stays within defined jurisdiction

Target Users: Enterprises requiring EU data residency

Q12 Quality and Security Tools

End-to-end quality assurance tooling covering GUI testing and software quality assurance, operated in part through subsidiary QFS Quality First Software.

Key Features

GUI and automated software testing tools
Security testing and penetration testing (via mgm security partners subsidiary)
DORA and NIS2 compliance advisory services

Target Users: Insurance IT teams, enterprise software developers

At a Glance

Founded: 1994
Headquarters: Munich, Germany
Employees: 1000+
Funding: PE-Backed

Category & Focus

Category: Insurtech Infrastructure
Subcategories: Low-Code Platform Core Administration Digital Underwriting MGA Platform
Insurance Verticals: P&C Commercial Specialty/E&S
Target Customers: Carriers, Brokers, MGAs/MGUs

Customers

HDI Global (Belgium) -- online sales system for industrial multi-line insurance
GGW Group -- co-developed COSMO as a digital business network for industrial insurance
KS/Auxilia -- online broker portal on COSMO
BrokingX -- online tendering platform for commercial insurance
Swiss Re -- data migration services
ASPECTA Global Group AG -- international IT landscape for payment and sales
HanseMerkur -- technology selection and portal development
Allianz -- featured reference on X12-COSMO platform
Roland -- featured reference on X12-COSMO platform