Opinion: Tim Rourke on brokers and MGAs

Tim Rourke

The Managing General Agent (MGA) is on the rise, with the more disruptive and innovative entities supporting a possible renaissance in the industry. MGAs today appear to be of two types. 

Firstly, there are the segment spotters, who have relatively orthodox models and are looking for niche and under-represented business in the market. 

You then have the insurtech-driven firms, who possess unique technology or data that improves the customer journey or assists in creating the underwriting ‘edge

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