Is this the end of insurer love affair with MGAs?

break-up-divorce

The managing general agents (MGA) sector appears to be in a state of flux with sales and capacity withdrawals taking place following the purchase
of Angel Underwriting by Catlin last year.

At the start of 2011, Amlin purchased JR Clare, which was responsible for approximately £30m of UK household and commercial insurance premium income, stating “it has recently lacked sufficient capital to continue to fund its operations and satisfy the FSA’s solvency requirements.”

And in May, Allianz confirmed

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: