The American Association of Managing General Agents (AAMGA) and the Underwriting Agencies Council (UAC) of Australia, have made reciprocal membership agreements, in which each professional trade association becomes a member of the other.
William Legge, general manager of UAC, heralded the membership as a welcome and important opportunity to forge a closer relationship between the two organisations.
“UAC and AMMGA share common challenges and countless mutual opportunities as the insurance landscape continue to evolve rapidly,” said Legge.
“AAMGA’s longevity and reputation in the industry makes the association an attractive professional partner as we navigate the increasingly global insurance market.
Bernd Heinze, executive director of AAMGA, added: “We’re delighted to welcome UAC to our membership. The UAC has been an invaluable resource for underwriters in the Australian and New Zealand insurance market, offering education programmes, resources and networking opportunities that mirror AAMGA’s strategic goals and objectives in the wholesale and specialty insurance market.
“Australia is a vibrant and dynamic insurance market, and the insights and perspective of our UAC colleagues are welcome additions to our efforts to respond locally to our various markets, while acting globally for our entire industry.”
Representatives of UAC are expected to be in attendance at the AAMGA Annual Meeting in Scottsdale in May 2016, where they will have access to programme managers, insurance carriers, London brokers, several dozen US and European MGAs and other specialty and wholesale insurance professionals.
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American Association of Managing General Agents, Underwriting Agencies Council, AAMGA, UAC, Reciprocal Agreement, William Legge, Bernd Heinze, Australia,