Poor insurer service feeds existence of MGAs

Jonathan Davey Keychoice Underwriting

In an exclusive interview on Insurance Age website broking.co.uk, Jonathan Davey, managing director of Keychoice Underwriting, provided a robust defence of the model claiming that MGAs existed only because a vacuum had been created by insurers.

"A number of insurers took a punt that the [introduction] of the Financial Services Authority would close many brokers down.

"The reality is there are still thousands of brokers and they have a requirement for service and to be supported but insurers'

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