MGAs: healthy despite headwinds

10-04-2020

MGAs: healthy despite headwinds

Managing general agents are a vital part of the rich tapestry of the London Market as they continue to adapt and thrive. Intelligent Insurer spoke to some of the biggest MGAs in the London Market, as highlighted in our latest Top 60 MGA list, for insight and analysis .

“With efficiency at the top of every carrier’s agenda, MGAs cannot add unnecessary cost into the distribution chain.” Dave Walsh, founder and CEO of CFC Underwriting.

· Growth outlook positive for majority of MGA market based on figures
· MGA numbers reflect how agile and lean sector coped with 2017/18 cat losses 
· Keen focus on underwriting discipline and product distribution must be maintained after set up
· A deep-seated specialism in a class or sub-class is not enough to bring success

MGA leaders reveal what they see as the key factors for performance under challenging circumstances as well as what their plans are.


Intelligent Insurer