Billion pound deal prompts scrutiny of MGA-insurer relationship


A host of activity in the managing general agent (MGA) arena has brought the strengths and challenges of operating as a ‘third force’ player into focus.

At the heart of the movement was Towergate Underwriting with a couple of eye-catching capacity agreements. One was the announcement of a £1bn deal consisting of several five-year contracts with the likes of RSA, Allianz, QBE and Zurich. But, at the same time, it emerged that Axa would no longer provide capacity for Towergate’s household MGA.


To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: