BIRKETTS EC3 LEGAL – “YOUNG INSURERS – ALL CYBER, CRYPTO, BREXIT, AI AND MARKET REFORM – WHAT NEXT?

Author - David Coupe

The MGA market faces many obstacles but is growing quickly. The Managing General Agents' Association (MGAA) now has some 140 MGA members with over £6bn premium under management – and all within six years.

However, with reducing capacity, multiple regulatory challenges, new London market practices, Brexit, and a bewildering choice of improving technologies, these all lead one to ask the question: why be an MGA?