Managing General Agents’ Association (MGAA) News

MGAs Can Build Broker Relationships – Even in a Hard Market: Aston Lark’s CEO

How can managing general agents build broker relationships during a hardening market when insurers have much less incentive to provide capacity? After more than 25 years as a broker, Peter Blanc, CEO of the Goldman Sachs-owned consolidator broking group, Aston …

UK’s Managing General Agents’ Association (MGAA) Expands to Republic of Ireland

The UK’s Managing General Agents’ Association (MGAA) has expanded its membership into the Republic of Ireland (ROI) following an initiative driven by Chief Executive Mike Keating. The move to enable MGAs, insurers and suppliers to join the association is designed …

UK MGA Association Offers Online Training with Chartered Insurance Institute

The Managing General Agents’ Association (MGAA) announces the launch of “MGA Assess,” an online training solution developed in partnership with the Chartered Insurance Institute (CII). The learning management system, part of the wider “Assess” suite, will provide a platform for …

MGAs Working with Insurtech Firms to Bolster Customer Centricity: Survey

Managing general agents (MGAs) are increasingly interested in working with insurtech firms to enable their businesses to become more customer-centric, according to a new survey of UK MGAs. More than 42 percent of survey respondents feel insurtech helps MGAs evolve …

Industry Needs to ‘Question and Call Out’ Rogue MGAs, Says Chilton of Gallagher

While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire sector. Chilton, who will be stepping …

MGAA Launches Chrysalis Initiative for Next Generation of Insurance Professionals

The UK-based Managing General Agents’ Association (MGAA) hopes its launch of Chrysalis, a dedicated community for MGAs to share innovation and expertise, will represent the interests of the next generation of industry professionals. The group sees Chrysalis encouraging change through …

Soft Market Is Main Factor Limiting Growth of UK MGAs: Survey

Soft market conditions have replaced regulation and compliance as the main factor affecting growth for UK managing general agents (MGA) in 2017, said a survey of members of the London-based Managing General Agents’ Association (MGAA). The soft market was cited …

UK’s MGAA Elects New Board Members Birrell and Manchester

The London-based Managing General Agents’ Association (MGAA) announced the election of new board members Mark Birrell, chief executive of Castel Underwriting, and Charles Manchester, chief executive of Manchester Underwriting Management. They join directors Catherine Bell, chairman of inet3, Charles Earle, …

U.K. MGAs Seek Greater Role in Claims Process: MGAA Matters Survey

Managing general agents are keen to be more involved in the claims process because they view claims as a core competence with an intrinsic link to underwriting, according to the latest MGAA Matters Survey.* The fourth quarterly MGAA Matters Survey, …

MGAA Unveils Plans for First UK MGA Conference

The UK’s Managing General Agents’ Association (MGAA) announced plans at its 3rd Annual General Meeting to hold its first UK MGA conference at the One America Square in London on 1 July 2015. The organization has rapidly become one of …