DUAE News

A.M. Best: Rapid Premium Growth Warrants Greater MGA Oversight

Though A.M. Best remains bullish on the delegated underwriting authority enterprises (DUAEs) market, it remains cautious of the risk managing general agents (MGAs) bring to insurers. In its latest market segment report, the rating agency said “MGAs provide a cost-effective …

AM Best Viewpoint: The Value of MGAs in a Hardening Market

The heightened perception of risk stemming from cyber attacks, the climate, pandemics and even inflation are just a few of the volatile factors fueling a demand-side need for more specialized coverage approaches, which underscores the premium growth prospects for the …

‘Essential’ MGAs, Other DUAEs Face Inflation, Staffing Pressures

Taking a deep dive into the world of managing general agents and other delegated underwriting authority enterprises, AM Best reports that premiums generated by DUAEs are climbing, and interest in MGA acquisitions remains high. In a March 1, 2022 report …