
Blog: The MGA opportunity

As we all know, the insurance market has been hit hard by Covid-19. According to the Association of British Insurers there will be estimated claims pay outs of £1.2 billion to support businesses and individuals affected by the lockdown. This will cause liquidity concerns due to both an increased outflow of claims monies and a reduction in inflow of premiums due to policy cancellations. This double whammy will put operational and financial constraints on many insurance organisations during the
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