MGAA members represent £3.3bn of premium

money-hand-invest

Increase shows growth of managing general agent market says MGAA chair Reg Brown.

Members of the Managing General Agents Association (MGAA) now represent £3.3bn worth of insurance premiums.

Full membership has grown from 40 MGAs, writing £1.2bn of GWP at its launch in 2011, to 93. The MGAA said its members now represent approximately 66% of the total GWP for the MGA market in the UK and that the number of members has increased by over 30% in the last 12 months.

Reg Brown, chair of the MGAA, said: "There is no doubt that the MGA sector is experiencing continued growth, and

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