MGAA Sets February 24 as Date for Board Elections

January 8, 2014

The Managing General Agents’ Association (MGAA) announced from its London headquarters that it has begun its board election process and has called for nominations from members.

The results of the election will be announced during the MGAA’s general meeting, which is being held at lunchtime on the 24th February 2014 in The Old Library at Lloyd’s.

The MGAA’s board consists of a director to represent each of the two largest full members, six other directors elected by the full members, a director elected by the insurer members and a director elected by the supplier members.

The majority of the current MGAA board were elected for a term of two years commencing February 2012. Their term ends in February 2014.

The bulletin also explained that the “two largest full MGA members are entitled to nominate a representative and they are currently OIM represented by Sian Fisher and UK General represented by Peter Hubbard. The other current representatives of the full MGA members are Charles Earle of Arista, Nicholas Hales of R&Q and James Gerry of GB Underwriting. Keith Stern of Lloyd’s is currently the director representing the supplier members. All have indicated their willingness to stand for re-election.

“Tom Downey of RSA also became the director representing the market practitioner members in February 2013 and his term will continue until February 2015.”

The MGAA said that “while nominations will be accepted from any suitable candidates working within the UK insurance market, the board has suggested that those put forward should be of such seniority that they are able to see the interests of UK MGAs in a broader context and give the value of their experience for the benefit of all members. Those seeking election should inform the MGAA no later than close of business on the 24th January 2014.”

Reg Brown, chair of the MGAA commented: “The board would like to reiterate that the MGAA is for its members. These elections are paramount in determining the future shape of the board of the MGAA and the MGAA itself. The board would therefore very much like each member to ensure that even if it does not nominate a board representative, then it participates in the election process.”

The MGAA board works closely with managing director Peter Staddon and general manager Jane Comerford to support and represent members’ interests.

Source: Managing General Agents Association (MGAA)

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