Managing General Agents Association (MGAA)
People Moves: 4 – 8 March 2024
Keep up to date on the latest personnel changes in insurance.
Drone specialist Moonrock becomes MGAA member
Moonrock has, this week, been accepted as the latest member of the Managing General Agents' Association.
Insurers urged to help nightlife industry amid fears of a capacity crisis
With the UK nightlife insurance market dominated by one capacity provider, industry experts have called for more competition amid fears any scaling back or exit would have severe consequences on the sector.
Drone MGA Moonrock to target brokers after getting FCA authorisation
Drone insurance specialist managing general agent Moonrock is to up its efforts to court the broker market after receiving full authorisation from the Financial Conduct Authority today, Insurance Age can reveal.
MGAs fear regulatory scrutiny will deter new entrants and diversification
Nine in 10 managing general agents believe that regulatory scrutiny will increase over the coming year, potentially deterring more entrants into the space.
Brokers warn insurers they risk losing more business to MGAs
Mainstream insurers need to heed the lessons of the post pandemic decline in service or face losing more market share to managing general agents.
MGAA names Signature Underwriting as 200th member
The Managing General Agents’ Association has named niche motor hire specialist Signature Underwriting as its 200th MGA member.
People Moves: 5 – 9 June 2023
Keep up to date with the latest personnel moves in insurance.
Blog: Who will replace Steve White as Biba CEO?
Seven days on from Steve White dropping the biggest Biba Conference bombshell since Boris Johnson announced he was running for the Tory leadership, Jonathan Swift considers who might be among the early front runners to replace White as the trade body’s…
MGAA to survey members on two-year plan as trade body reaches 200 milestone
The Managing General Agents’ Association will be opening a survey for members next week to help create the next two-year strategic plan for the trade body, CEO Mike Keating has confirmed.
In conversation: Broker Diversity Push
Insurance Age met up with the leaders of Biba, the MGAA and Liiba for the Broker Diversity Push campaign to expand on the support and practical assistance being provided to members and widen the discussion on this crucial topic.
MGAA edges closer to membership milestone
The Managing General Agents’ Association’s CEO Mike Keating has revealed that the trade body is close to surpassing 200 full members in the next couple of months.
Blog: Keeping on with the Broker Diversity Push
In his opinion piece in October 2016, Insurance Age’s columnist Tony Cornell asked why do so few women get to the top in broking?
Trade bodies back broker diversity campaign’s drive
The leaders of Biba, the MGAA and Liiba have reaffirmed their commitment to support increasing diversity in the market as Insurance Age launches the Broker Diversity Push – Gender Leadership Gap campaign.
Insurance Age makes benchmark and backing call to trade bodies in Broker Diversity Push campaign
Insurance Age has urged the British Insurance Brokers’ Association, the Managing General Agents’ Association and the London & International Insurance Brokers’ Association to investigate creating a broking industry benchmark and ways of working together…
‘Ridiculous’ – FCA fair value broker paperwork hours revealed
Calculations by the British Insurance Brokers' Association have shown brokers are working thousands of hours to complete fair value assessments.
Trade bodies battle to trim FCA fair value paperwork ‘crippling’ small firms
Trade bodies are working with the Financial Conduct Authority to narrow down the focus of its fair value assessments which comes with a huge regulatory burden.
Insurtech MGAs – alive and kicking
Insurtech MGAs are winning over brokers and even though it may be a case of ‘horses for courses’ the arrival of a range of new providers, including within commercial lines, is creating welcome competition. Rachel Gordon learns more.
David Howden calls for better self-regulation across insurance
CEO of Howden Group, David Howden, has insisted MGAs, underwriters and brokers must work harder on self-regulation and call out bad behaviour when they see it.
MGAA creates technical services manager role
The Managing General Agents' Association has appointed Tim Richards to the newly created position of technical services manager which has been developed to boost the trade body's growth strategy.
MGAA boss Keating pushing for more as membership growth continues
The Managing General Agents’ Association is approaching 350 members with plenty of scope remaining for further growth, CEO Mike Keating told Insurance Age.