MGAA: "Chartered status for MGAs will benefit brokers"

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But MGAA chair Charles Manchester questions how many MGAs would go for the accreditation.

The Managing General Agents’ Association (MGAA) has stated that chartered status for MGAs would be beneficial to the rest of the market, including brokers.

This follows the news that the Chartered Insurance Institute (CII) is looking to achieve approval to launch a new Chartered Insurance Underwriting Agents title.

MGAA managing director Peter Staddon told Insurance Age: “It will be quite beneficial for MGAs because it would mean that their client base, the regional broker, can say to their

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