In-depth - MGAs: Agents of change

Egg hatching

Managing general agents (MGAs) have become a significant force in the insurance market over the last 10 years. But, with a number of threats on the horizon, there are concerns the recent growth in the market could be a bubble. 

The market has certainly grown rapidly, says MGA Association (MGAA) managing director Peter Staddon. “When I joined the MGAA back in November 2013 we had 70 members writing around £2bn of business. Today we have 131 members writing more than £4bn of business.”

Looking

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