Biba launches MGA capacity guide
The British Insurance Brokers’ Association has launched a guide to help its members access the capacity of managing general agents, in response to member demand.
The trade body outlined MGAs may undertake many tasks that insurers normally handle and rely on the insurer largely for just risk capacity and the capital that supports it. Many will also appoint insurance brokers under their own Terms of Business Agreement, Biba continued.
MGAs have become increasingly important to brokers, the association noted.
They have become “adept at designing solutions to emerging risks, especially where actuarial data might be limited, providing capacity for more
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Covéa more than doubles profit in 2025
Post-tax profit at Covéa Insurance soared to £72.4m in 2025, more than doubling from £32.9m the year before when it swung back into the black after years of losses.
Geo partners with Intact on marine capacity
Geo Underwriting has entered a capacity partnership with Intact Insurance for the next phase of the Ardonagh-owned MGA’s specialist marine trade offering.
Seventeen Group buys £13m GWP broker
Seventeen Group has bought Shrewsbury-based commercial broker 1st Choice Insurance in its third deal of the year.
First Senior picks Peach for specialist mobility and warranty scheme capacity
Peach has agreed a deal with First Senior Insurance to be the exclusive capacity provider for its core mobility insurance and extended warranty products.
FCA warns on fake letters
The Financial Conduct Authority has warned of fake letters claiming to be from deputy CEO Sarah Pritchard and referencing a fake FCA employee.
Ex-Marsh UK CEO Lay joins Ardonagh
Ardonagh has added former Marsh UK CEO Chris Lay as operating partner of Ardonagh Capital Partners, joining the group executive and working across the firm’s portfolio of companies.
Ripe gears up for growth more than doubling Greater Manchester office footprint
Digital managing general agent Ripe has upgraded from a 60 seat office to a larger workspace that can accommodate 150 staff, reinforcing its commitment to Greater Manchester.
Biba 2026 Countdown: Granite’s Alistair Rose
The countdown has started and in a month’s time it will be day two of Biba 2026. Alistair Rose, managing director at Granite, pitches quality over quantity when it comes to Biba Conference interactions, not least during the more chilled out Thursday when the vibes allow time for deeper connections.