Brokers call on MGAs for more at renewal
Nine in 10 brokers believe insurers and managing general agents across the non-standard market could do more to support renewals and client retention, according to the latest survey by Prestige Underwriting.
The MGA noted its poll of 99 brokers involved in non-standard markets showed a “clear call to action” for insurers and MGAs to provide greater flexibility and choice for clients.
Prestige labelled the message as “unequivocal” – that while MGAs are valued for their expertise and responsiveness, brokers say the challenge now lies in how they help clients stay covered.
These results are a timely reality check. Brokers are telling us that while they value MGAs and see tremendous growth potential in
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